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| 1 | +import { ChainId, Currency, currencyEquals, JSBI, Price, WETH } from '@uniswap/sdk' |
| 2 | +import { useMemo } from 'react' |
| 3 | +import { USDC } from '../constants' |
| 4 | +import { PairState, usePairs } from '../data/Reserves' |
| 5 | +import { useActiveWeb3React } from '../hooks' |
| 6 | +import { wrappedCurrency } from './wrappedCurrency' |
| 7 | + |
| 8 | +/** |
| 9 | + * Returns the price in USDC of the input currency |
| 10 | + * @param currency currency to compute the USDC price of |
| 11 | + */ |
| 12 | +export default function useUSDCPrice(currency?: Currency): Price | undefined { |
| 13 | + const { chainId } = useActiveWeb3React() |
| 14 | + const wrapped = wrappedCurrency(currency, chainId) |
| 15 | + const tokenPairs: [Currency | undefined, Currency | undefined][] = useMemo( |
| 16 | + () => [ |
| 17 | + [ |
| 18 | + chainId && wrapped && currencyEquals(WETH[chainId], wrapped) ? undefined : currency, |
| 19 | + chainId ? WETH[chainId] : undefined |
| 20 | + ], |
| 21 | + [wrapped?.equals(USDC) ? undefined : wrapped, chainId === ChainId.MAINNET ? USDC : undefined], |
| 22 | + [chainId ? WETH[chainId] : undefined, chainId === ChainId.MAINNET ? USDC : undefined] |
| 23 | + ], |
| 24 | + [chainId, currency, wrapped] |
| 25 | + ) |
| 26 | + const [[ethPairState, ethPair], [usdcPairState, usdcPair], [usdcEthPairState, usdcEthPair]] = usePairs(tokenPairs) |
| 27 | + |
| 28 | + return useMemo(() => { |
| 29 | + if (!currency || !wrapped || !chainId) { |
| 30 | + return |
| 31 | + } |
| 32 | + // handle weth/eth |
| 33 | + if (wrapped.equals(WETH[chainId])) { |
| 34 | + if (usdcPair) { |
| 35 | + const price = usdcPair.priceOf(WETH[chainId]) |
| 36 | + return new Price(currency, USDC, price.denominator, price.numerator) |
| 37 | + } else { |
| 38 | + return undefined |
| 39 | + } |
| 40 | + } |
| 41 | + // handle usdc |
| 42 | + if (wrapped.equals(USDC)) { |
| 43 | + return new Price(USDC, USDC, '1', '1') |
| 44 | + } |
| 45 | + |
| 46 | + const ethPairETHAmount = ethPair?.reserveOf(WETH[chainId]) |
| 47 | + const ethPairETHUSDCValue: JSBI = |
| 48 | + ethPairETHAmount && usdcEthPair ? usdcEthPair.priceOf(WETH[chainId]).quote(ethPairETHAmount).raw : JSBI.BigInt(0) |
| 49 | + |
| 50 | + // all other tokens |
| 51 | + // first try the usdc pair |
| 52 | + if (usdcPairState === PairState.EXISTS && usdcPair && usdcPair.reserveOf(USDC).greaterThan(ethPairETHUSDCValue)) { |
| 53 | + const price = usdcPair.priceOf(wrapped) |
| 54 | + return new Price(currency, USDC, price.denominator, price.numerator) |
| 55 | + } |
| 56 | + if (ethPairState === PairState.EXISTS && ethPair && usdcEthPairState === PairState.EXISTS && usdcEthPair) { |
| 57 | + if (usdcEthPair.reserveOf(USDC).greaterThan('0') && ethPair.reserveOf(WETH[chainId]).greaterThan('0')) { |
| 58 | + const ethUsdcPrice = usdcEthPair.priceOf(USDC) |
| 59 | + const currencyEthPrice = ethPair.priceOf(WETH[chainId]) |
| 60 | + const usdcPrice = ethUsdcPrice.multiply(currencyEthPrice).invert() |
| 61 | + return new Price(currency, USDC, usdcPrice.denominator, usdcPrice.numerator) |
| 62 | + } |
| 63 | + } |
| 64 | + return |
| 65 | + }, [chainId, currency, ethPair, ethPairState, usdcEthPair, usdcEthPairState, usdcPair, usdcPairState, wrapped]) |
| 66 | +} |
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