alcuadrado / convex-shutdown-simulation

Simulates a call to Convex Finance's system shutdown method, which uses about 16M gas

Convex System Shutdown Benchmarks

This repository benchmarks performance of various Ethereum development frameworks by simulating a call to Convex's systemShutdown method. This method uses about 16M gas and performs a number of token transfers

Usage

1. Run cp .env.example .env, and in the resulting .env file enter a URL to an Ethereum archive node in the ETH_RPC_URL environment variable. (Alchemy provides free archive node data). Also fill out the TENDERLY_* variables to benchmark the Tenderly API

2. Run yarn to install dependencies for Ganache and Hardhat

3. Install Foundry's forge and Dapptools using the installation instructionshere and here respectively

4. Run dapp update to install dependencies for Dapptools and Foundry

5. Run any command in the Makefile to benchmark that tool. For example, use make benchmark-hardhat to run the simulation against Hardhat. Alternatively, run make benchmark-all to run all tools

Tips

• Set export CLEAR_CACHE=1 in your .env file to clear the Ganache and Hardhat caches
• Consider running the benchmarks via Docker. See the comment header in the Dockerfile for details.

Benchmarks

Notes:

• "Local, No Cache" refers to tools run on a local machine with a local node, where all data needed from the node is fetched on-demand
• "Local, With Cache" refers to tools run on a local machine with a local node, where all data needed from the node was cached to disk on a previous run
• "Cloud Based" refers to services that provide an API and run the simulation on their servers
• Foundry does not cache RPC results to disk between runs, so the "Local, With Cache" column has been left as N/A
• Ganache results are currently not shown due to a bug documented in issue #7
• If Tenderly returns a 400, it's because the simulation timed out which may happen if they don't have data cached on the servers. Attempting to run the simulation in their UI seems to resolve this
• Blocknative simulates on tip block height currently, with archival node simulations are planned for historical simulation.
• Local benchmarks were run against a local Erigon node on macOS 11.6.2 with a 2.3 GHz 8-Core Intel Core i9 and 32 GB 2667 MHz DDR4 (The goal is to benchmark tool performance, which is why a local node is used—if benchmarking against a remote node such as Infura or Alchemy, network calls become the driver of execution time)
• Just because gas used differs between tools does not mean only one is correct. For example, Foundry and Dapptools exclude the 21,064 intrinsic gas from the reported gas used, but other tools may not. However, at this time it is not known which value is the truth value. Similarly, dapptools does not include refunds in their reported gas used

Framework	Local, No Cache	Local, With Cache	Cloud Based
Dapptools	TODO	TODO	N/A
Ganache	TBD	TBD	N/A
Hardhat	TODO	TODO	N/A
Foundry	TODO	N/A	N/A
Tenderly	N/A	N/A	TODO

Framework	Gas Used
Dapptools	16,770,582
Ganache	TBD
Hardhat	15,344,483
Foundry	15,515,306
Tenderly	15,537,677