add a hook for getting the USDC price of any currency

This commit is contained in:
Moody Salem 2020-08-17 08:36:38 -05:00
parent 600049bc6e
commit f1b300af70
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66
src/utils/useUSDCPrice.ts Normal file

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import { ChainId, Currency, currencyEquals, JSBI, Price, WETH } from '@uniswap/sdk'
import { useMemo } from 'react'
import { USDC } from '../constants'
import { PairState, usePairs } from '../data/Reserves'
import { useActiveWeb3React } from '../hooks'
import { wrappedCurrency } from './wrappedCurrency'
/**
* Returns the price in USDC of the input currency
* @param currency currency to compute the USDC price of
*/
export default function useUSDCPrice(currency?: Currency): Price | undefined {
const { chainId } = useActiveWeb3React()
const wrapped = wrappedCurrency(currency, chainId)
const tokenPairs: [Currency | undefined, Currency | undefined][] = useMemo(
() => [
[
chainId && wrapped && currencyEquals(WETH[chainId], wrapped) ? undefined : currency,
chainId ? WETH[chainId] : undefined
],
[wrapped?.equals(USDC) ? undefined : wrapped, chainId === ChainId.MAINNET ? USDC : undefined],
[chainId ? WETH[chainId] : undefined, chainId === ChainId.MAINNET ? USDC : undefined]
],
[chainId, currency, wrapped]
)
const [[ethPairState, ethPair], [usdcPairState, usdcPair], [usdcEthPairState, usdcEthPair]] = usePairs(tokenPairs)
return useMemo(() => {
if (!currency || !wrapped || !chainId) {
return
}
// handle weth/eth
if (wrapped.equals(WETH[chainId])) {
if (usdcPair) {
const price = usdcPair.priceOf(WETH[chainId])
return new Price(currency, USDC, price.denominator, price.numerator)
} else {
return undefined
}
}
// handle usdc
if (wrapped.equals(USDC)) {
return new Price(USDC, USDC, '1', '1')
}
const ethPairETHAmount = ethPair?.reserveOf(WETH[chainId])
const ethPairETHUSDCValue: JSBI =
ethPairETHAmount && usdcEthPair ? usdcEthPair.priceOf(WETH[chainId]).quote(ethPairETHAmount).raw : JSBI.BigInt(0)
// all other tokens
// first try the usdc pair
if (usdcPairState === PairState.EXISTS && usdcPair && usdcPair.reserveOf(USDC).greaterThan(ethPairETHUSDCValue)) {
const price = usdcPair.priceOf(wrapped)
return new Price(currency, USDC, price.denominator, price.numerator)
}
if (ethPairState === PairState.EXISTS && ethPair && usdcEthPairState === PairState.EXISTS && usdcEthPair) {
if (usdcEthPair.reserveOf(USDC).greaterThan('0') && ethPair.reserveOf(WETH[chainId]).greaterThan('0')) {
const ethUsdcPrice = usdcEthPair.priceOf(USDC)
const currencyEthPrice = ethPair.priceOf(WETH[chainId])
const usdcPrice = ethUsdcPrice.multiply(currencyEthPrice).invert()
return new Price(currency, USDC, usdcPrice.denominator, usdcPrice.numerator)
}
}
return
}, [chainId, currency, ethPair, ethPairState, usdcEthPair, usdcEthPairState, usdcPair, usdcPairState, wrapped])
}