Skip to main contentUniswap V4 Integration
Bayex uses Uniswap V4 to provide a flexible and efficient trading environment.
Pool Architecture
Pool Keys
Each market in Bayex corresponds to a Pool in Uniswap V4. The PoolKey consists of:
- Currency0 / Currency1: The two outcome tokens (or one outcome token and collateral).
- Fee: Dynamic or static fee tier.
- Hooks: The address of the Bayex hook contract.
Custom Hooks (BayexHook)
We deploy custom hooks to manage the lifecycle of the pools.
Usage
- Initializing Pools: Ensures pools are initialized with the correct parameters.
- Swap Callbacks: executed before and after swaps. Can be used for analytics, enforcing trading hours, or dynamic fees.
Trading Interface
Bayex utilizes the Quoter contract for accurate pricing and the UniversalRouter (or a custom adaptation) via V4Planner to execute swaps.
V4Planner
A helper class/utility used in the SDK to construct the encoded commands for the Universal Router.
addAction: Adds steps like SWAP_EXACT_IN_SINGLE.- Encoding: Handles the complex encoding required by V4’s router.
