Constants#

This page is generated from the Rust constant homes and canonical IDL in the same checkout. Values are protocol defaults or hard bounds; consumers must read the deployed config for governance-controlled settings. fee_cap_bps = 0 disables taker fees. See market economics.

Time Constants#

Unix timestamps and durations use seconds. A native market ID is the integer quotient of its window start timestamp and duration; its PDA also includes the feed and creator. Creation, expiration, and claim windows are distinct.

Market Timing#

For duration d and Unix time t, market_id = floor(t / d), window_start = market_id * d, and window_end = window_start + d. Use the market's stored end time for live lifecycle decisions; an ID alone does not establish account identity or an external market's schedule.

Price Constants#

Prices use basis points of a complete binary payout. Quantities and settlement amounts use the settlement mint's base units. Multiplication must preserve integer precision and apply the program's rounding rules.

Fee Curve Parameters#

The default cap and decay rate appear in the fee constants table below. For the fee's price input p, the integer rate is min(fee_cap_bps, floor(decay_rate_bps * (P_MAX - p) / P_MAX)). Allocation percentages apply to the collected fee, not trade notional.

Order Book Limits#

Capacity is selected per market, per side. See the deep orderbook contract for supported tiers and allocation formulas. Match limits bound iterations, including self-trade handling and stale-order cleanup, not just successful fills.

Rent Costs#

Query Solana RPC getMinimumBalanceForRentExemption with the complete account allocation in bytes and the intended commitment. For a variable orderbook or ledger, calculate the allocation for the selected capacity first. The returned lamports cover rent exemption only; transaction fees and protocol reward reserves are separate. Never use a fixed SOL estimate for all capacity tiers.

Oracle Constants#

Native markets consume authenticated Pyth Receiver updates. Compile-time oracle program identities and feed binding are documented in the oracle design. External markets have a separate proof-verification policy and timing contract.

External Resolver Constants#

Source-level Reclaim and external-market limits appear in the protocol table. Read external markets and Reclaim integration for the account and proof requirements.

Protocol constants#

Constant	Value	Rust type	Source expression
`PROTOCOL_VERSION`	1	`u8`	`1`
`SETTLEMENT_MINT_DECIMALS`	6	`u8`	`6`
`SPL_TOKEN_ACCOUNT_SIZE`	165	`usize`	`165`
`SPL_MINT_ACCOUNT_SIZE`	82	`usize`	`82`
`P_MAX`	10000	`u16`	`10_000`
`BPS_DIVISOR`	10000	`u64`	`10_000`
`MAX_RECLAIM_CLAIM_FUTURE_SKEW_SECONDS`	30	`i64`	`30`
`RECLAIM_V1_BEGIN_HEAP_FRAME_BYTES`	65536	`u32`	`64 * 1024`
`RECLAIM_V1_TRANSITION_HEAP_FRAME_BYTES`	65536	`u32`	`64 * 1024`
`RECLAIM_V1_BEGIN_COMPUTE_UNIT_CEILING`	500000	`u64`	`500_000`
`RECLAIM_V1_PER_EXTRA_ATTESTOR_COMPUTE_UNITS`	30000	`u64`	`30_000`
`RECLAIM_V1_OPEN_COMPUTE_UNIT_CEILING`	175000	`u64`	`175_000`
`RECLAIM_V1_TRANSITION_COMPUTE_UNIT_CEILING`	400000	`u64`	`400_000`
`MAKER_BAND_BPS`	1000	`u16`	`1000`
`STATIC_MIN_BPS_FOR_BAND`	100	`u16`	`100`
`STATIC_MAX_BPS_FOR_BAND`	9900	`u16`	`9900`
`DEFAULT_MAX_ORDER_SIZE`	1000000000000	`u64`	`1_000_000_000_000`
`MAX_MATCH_LIMIT`	12	`u8`	`12`
`MIN_ORDER_TTL_SECONDS`	60	`u32`	`60`
`DEFAULT_MATCH_LIMIT`	12	`u8`	`MAX_MATCH_LIMIT`
`MAX_TAKER_FEE_BPS`	500	`u16`	`500`
`MAX_TICK_SIZE_BPS`	1000	`u16`	`1000`
`MIN_TICK_SIZE_BPS`	1	`u16`	`1`
`DEFAULT_MIN_RESTING_NOTIONAL`	2	`u64`	`2`
`PLACE_ORDER_HEAP_FRAME_BYTES`	65536	`u32`	`64 * 1024`
`MAX_HEAP_FRAME_BYTES`	262144	`u32`	`256 * 1024`
`HEAP_FRAME_GRANULARITY_BYTES`	1024	`u32`	`1024`
`PLACE_ORDER_HEAP_BYTES_PER_BATCHED_ORDER`	21504	`u32`	`21 * 1024`
`SECONDS_PER_DAY`	86400	`i64`	`86_400`
`MAX_PERMITTED_DATA_INCREASE`	10240	`usize`	`10_240`
`DEFAULT_MARKET_DURATION`	900	`u64`	`900`
`MIN_MARKET_DURATION`	60	`u64`	`60`
`MAX_MARKET_DURATION`	604800	`u64`	`604_800`
`MAX_CREATION_WINDOW`	86400	`i64`	`SECONDS_PER_DAY`
`MARKET_EXPIRY_WINDOW`	604800	`i64`	`604_800`
`MAX_EXTERNAL_CLOSE_HORIZON_SECONDS`	31536000	`i64`	`365 * SECONDS_PER_DAY`
`SUPPORTED_EXTERNAL_TEMPLATE_VERSION`	2	`u16`	`2`
`MIN_EXTERNAL_EXPIRATION_WINDOW_SECONDS`	2592000	`u64`	`30 * SECONDS_PER_DAY as u64`
`DEFAULT_CLOSER_REWARD_LAMPORTS`	200000	`u64`	`200_000`
`CLOSER_REWARDS_PER_MARKET`	5	`u64`	`5`
`REFERRAL_DURATION_SECONDS`	31536000	`i64`	`365 * 86_400`
`POSITION_REFERRAL_CACHE_VERSION`	1	`u8`	`1`
`POSITION_REFERRAL_FLAG_BOUND`	1	`u8`	`0x01`
`MAX_REFERRAL_ROLLUP_POSITIONS`	8	`usize`	`8`
`REFERRAL_FORFEIT_GRACE_SECONDS`	604800	`i64`	`604_800`
`FEE_CONFIG_RATE_LIMIT_SECONDS`	3600	`i64`	`3_600`
`MAX_TREASURY_RECIPIENTS`	8	`usize`	`8`
`REBALANCE_ALERT_RATIO`	4	`u64`	`4`
`TREASURY_UPDATE_RATE_LIMIT_SECONDS`	3600	`i64`	`FEE_CONFIG_RATE_LIMIT_SECONDS`
`OPERATIONAL_PARAMS_RATE_LIMIT_SECONDS`	3600	`i64`	`FEE_CONFIG_RATE_LIMIT_SECONDS`
`MICROSTRUCTURE_UPDATE_RATE_LIMIT_SECONDS`	3600	`i64`	`FEE_CONFIG_RATE_LIMIT_SECONDS`

Source: program/src/constants.rs.

Fee constants#

Constant	Value	Rust type	Source expression
`MAX_FEE_CAP_BPS`	500	`u16`	`500`
`MAX_DECAY_RATE_BPS`	1000	`u16`	`1_000`
`MIN_PROTOCOL_SHARE_BPS`	2000	`u16`	`2_000`
`MAX_PROTOCOL_SHARE_BPS`	5000	`u16`	`5_000`
`MIN_REFERRAL_SHARE_BPS_OF_FEE`	1	`u16`	`1`
`MAX_MAKER_REBATE_SHARE_BPS`	4000	`u16`	`4_000`
`MAX_MAKER_REBATE_MIN_REST_SECONDS`	3600	`u32`	`3_600`
`DEFAULT_FEE_CAP_BPS`	200	`u16`	`200`
`DEFAULT_DECAY_RATE_BPS`	400	`u16`	`400`

Source: program/src/logic/fee.rs.

Configuration limits and defaults#

Constant	Value	Rust type	Source expression
`CONFIG_ACCOUNT_SIZE`	576	`usize`	`576`
`MAX_SPLINE_MID_JUMP_RESET_BPS`	9997	`u16`	`crate::constants::P_MAX - 3`
`AUTHORITY_TIMELOCK_SECONDS`	172800	`i64`	`60 * 60 * 48`
`SIZE`	576	`usize`	`CONFIG_ACCOUNT_SIZE`
`DEFAULT_SPLINE_MIN_COMMITMENT`	10000000	`u64`	`10_000_000`
`DEFAULT_MAKER_REBATE_MIN_REST_SECONDS`	10	`u32`	`10`
`MAX_TAKER_FEE_BPS`	500	`u16`	`500`
`MIN_TICK_SIZE_BPS`	1	`u16`	`crate::constants::MIN_TICK_SIZE_BPS`
`MAX_TICK_SIZE_BPS`	1000	`u16`	`crate::constants::MAX_TICK_SIZE_BPS`
`DEFAULT_MIN_MARKET_DURATION`	60	`u64`	`60`
`DEFAULT_MAX_MARKET_DURATION`	604800	`u64`	`604_800`
`MIN_REFERRAL_SHARE_BPS_OF_FEE`	1	`u16`	`crate::logic::fee::MIN_REFERRAL_SHARE_BPS_OF_FEE`
`MAX_MIN_RESTING_NOTIONAL`	100000000	`u64`	`100_000_000`
`MAX_CLOSER_REWARD_LAMPORTS`	1000000	`u64`	`crate::constants::DEFAULT_CLOSER_REWARD_LAMPORTS * crate::constants::CLOSER_REWARDS_PER_MARKET`
`MAX_PRICE_STALENESS_SECONDS`	3600	`u64`	`3_600`
`MAX_EXPIRATION_WINDOW_SECONDS`	2592000	`u64`	`30 * 86_400`
`MAX_CONFIGURABLE_MARKET_DURATION`	604800	`u64`	`crate::constants::MAX_MARKET_DURATION`
`MAX_CONFIGURABLE_ORDER_SIZE`	1000000000000	`u64`	`crate::constants::DEFAULT_MAX_ORDER_SIZE`

Source: program/src/state/config.rs.

Four-Way Fee Split#

Allocation	Basis points of collected fee
`protocol_bps`	5000
`creator_bps`	500
`referral_bps`	500
`maker_bps`	4000

Account Sizes#

Size declarations below come directly from account source files. Unevaluated Rust layout expressions are shown explicitly. Variable accounts require their capacity-dependent tail; a header size is not their total allocation.

Source	Constant	Bytes or Rust layout expression
`asset.rs`	`ASSET_STATE_SIZE`	`128`
`asset.rs`	`SIZE`	`ASSET_STATE_SIZE`
`config.rs`	`CONFIG_ACCOUNT_SIZE`	`576`
`config.rs`	`SIZE`	`CONFIG_ACCOUNT_SIZE`
`config.rs`	`MAX_CONFIGURABLE_ORDER_SIZE`	`crate::constants::DEFAULT_MAX_ORDER_SIZE`
`deep_orderbook.rs`	`DEEP_ORDERBOOK_HEADER_SIZE`	`128`
`deep_orderbook.rs`	`DEEP_ORDERBOOK_MAX_ACCOUNT_SIZE`	`DeepOrderbookCapacityTier::T4096.account_size()`
`deep_orderbook.rs`	`SIZE`	`DEEP_ORDERBOOK_HEADER_SIZE`
`deep_orderbook.rs`	`SIZE`	`32`
`deep_orderbook.rs`	`SIZE`	`32`
`external_market_policy.rs`	`EXTERNAL_MARKET_POLICY_V1_SIZE`	`640`
`fee_accounts.rs`	`REFERRER_EARNINGS_ACCOUNT_SIZE`	`72`
`fee_accounts.rs`	`SIZE`	`REFERRER_EARNINGS_ACCOUNT_SIZE`
`fee_accounts.rs`	`REFERRAL_ACCOUNT_SIZE`	`104`
`fee_accounts.rs`	`SIZE`	`REFERRAL_ACCOUNT_SIZE`
`market.rs`	`MARKET_ACCOUNT_SIZE`	`464`
`market.rs`	`SIZE`	`MARKET_ACCOUNT_SIZE`
`market_meta.rs`	`MARKET_META_ACCOUNT_SIZE`	`384`
`oracle_contest.rs`	`ORACLE_CONTEST_ACCOUNT_SIZE`	`136`
`oracle_observation.rs`	`ORACLE_OBSERVATION_ACCOUNT_SIZE`	`112`
`orderbook.rs`	`ORDER_SIZE`	`96`
`orderbook.rs`	`SIZE`	`ORDER_SIZE`
`position.rs`	`USER_POSITION_ACCOUNT_SIZE`	`256`
`position.rs`	`SIZE`	`USER_POSITION_ACCOUNT_SIZE`
`preallocation_receipt.rs`	`PREALLOCATION_RECEIPT_SIZE`	`384`
`preallocation_receipt.rs`	`SIZE`	`PREALLOCATION_RECEIPT_SIZE`
`resolver_registry.rs`	`RESOLVER_REGISTRY_ACCOUNT_SIZE`	`1024`
`spline.rs`	`SPLINE_ACCOUNT_SIZE`	`896`
`spline.rs`	`SIZE`	`SPLINE_ACCOUNT_SIZE`
`trader_ledger.rs`	`SIZE`	`core::mem::size_of::<Self>()`
`trader_ledger.rs`	`TRADER_LEDGER_V2_HEADER_SIZE`	`core::mem::size_of::<TraderLedgerHeader>()`
`trader_ledger.rs`	`SIZE`	`TRADER_LEDGER_V2_HEADER_SIZE`

IDL fixed headers#

Account	Fixed header bytes
`SplineAccount`	896
`ExternalMarketPolicyV1`	640
`OracleObservationAccount`	112
`OracleContestAccount`	136

See account layouts for complete layouts.

Instruction Discriminators#

Public instructions span 0x00..=0x5A (77 instructions). Internal recorder instruction: LOG = 0xFF. Reserved holes and permanent tombstones are not callable public instructions.

Discriminator Values#

text

INITIALIZE_CONFIG: 0x00
UPDATE_AUTHORITY: 0x01
CLAIM_AUTHORITY: 0x02
CREATE_MARKET: 0x03
SNAPSHOT_END: 0x04
RESOLVE_MARKET: 0x05
EXPIRE_MARKET: 0x06
MINT_SHARES: 0x07
DEPOSIT_FUNDS: 0x08
WITHDRAW_FUNDS: 0x09
WITHDRAW_SHARES: 0x0A
PLACE_ORDER: 0x0B
PLACE_MULTIPLE_POST_ONLY_ORDERS: 0x0C
SWAP_WITH_FREE_FUNDS: 0x0D
PLACE_LIMIT_ORDER_WITH_FREE_FUNDS: 0x0E
PLACE_MULTIPLE_POST_ONLY_ORDERS_WITH_FREE_FUNDS: 0x0F
CANCEL_ORDER: 0x10
CANCEL_MULTIPLE_ORDERS_BY_ID: 0x11
CANCEL_ALL_ORDERS: 0x12
CANCEL_UP_TO: 0x13
REDUCE_ORDER: 0x14
CANCEL_MULTIPLE_ORDERS_BY_ID_WITH_FREE_FUNDS: 0x15
CANCEL_ALL_ORDERS_WITH_FREE_FUNDS: 0x16
CANCEL_UP_TO_WITH_FREE_FUNDS: 0x17
REDUCE_ORDER_WITH_FREE_FUNDS: 0x18
RECLAIM_EXPIRED_ORDER: 0x19
REDEEM: 0x1A
FORCE_CLOSE: 0x1B
MARK_POSITION_SETTLED: 0x1C
CLOSE_POSITION: 0x1D
CLOSE_MARKET: 0x1E
UPDATE_FEE_CONFIG: 0x1F
UPDATE_TREASURY_RECIPIENTS: 0x20
SET_REFERRER: 0x21
INIT_REFERRER_EARNINGS_ACCOUNT: 0x22
CLAIM_CREATOR_FEES: 0x23
CLAIM_REFERRER_EARNINGS: 0x24
PAUSE: 0x25
UNPAUSE: 0x26
ENABLE_POST_ONLY_MODE: 0x27
DISABLE_POST_ONLY_MODE: 0x28
UPDATE_TICK_SIZE: 0x29
UPDATE_MIN_RESTING_NOTIONAL: 0x2A
UPDATE_MARKET_CAP: 0x2B
SET_MARKET_EMERGENCY_STATUS: 0x2C
FORCE_CANCEL_MARKET_ORDERS: 0x2D
ENSURE_TRADER_LEDGER_SPACE: 0x2E
UPDATE_OPERATIONAL_PARAMS: 0x2F
RECOVER_SPLINE: 0x30
ENSURE_DEEP_ORDERBOOK_SPACE: 0x33
SET_PAUSER: 0x34
TOP_UP_CLOSER_REWARDS: 0x35
ROLLUP_REFERRAL_FEES: 0x36
INITIALIZE_REFERRER_TREASURY_SHARD: 0x37
INIT_SPLINE: 0x40
UPDATE_SPLINE_SHAPE: 0x41
UPDATE_SPLINE_MID: 0x42
ATTACH_SPLINE: 0x43
SETTLE_SPLINE: 0x44
DEPOSIT_SPLINE_VAULT: 0x45
WITHDRAW_SPLINE_VAULT: 0x46
CLOSE_SPLINE: 0x47
INIT_RESOLVER_REGISTRY: 0x48
UPDATE_RESOLVER_REGISTRY: 0x49
EXPIRE_EXTERNAL_MARKET: 0x4D
SHRINK_PREALLOCATED_CHILD: 0x4E
RECLAIM_EXTERNAL_MARKET_PREALLOCATION: 0x50
TOP_UP_EXTERNAL_PROGRESS_RESERVE: 0x51
BEGIN_RECLAIM_EXTERNAL_MARKET_V1: 0x52
OPEN_RECLAIM_EXTERNAL_MARKET_V1: 0x53
RESOLVE_EXTERNAL_MARKET_WITH_RECLAIM_V1: 0x54
HALT_EXTERNAL_MARKET_WITH_RECLAIM_V1: 0x55
EXTEND_EXTERNAL_CLOSE_WITH_RECLAIM_V1: 0x56
RECORD_ORACLE_OBSERVATION: 0x57
SUBMIT_ORACLE_OBSERVATION: 0x58
FINALIZE_ORACLE_OBSERVATION: 0x59
CLOSE_ORACLE_OBSERVATION: 0x5A

Frozen legacy Reclaim tombstones#

These wire values reject with FrozenLegacyReclaim before parsing or account access.

text

RECLAIM_RESOLVE: 0x38
RECLAIM_HALT: 0x39
RECLAIM_BEGIN_PREALLOCATION: 0x3A
RECLAIM_CREATE_MIRROR: 0x3B
UPDATE_RECLAIM_WITNESS_EPOCH: 0x3C
UPDATE_EXTERNAL_CLOSE_TIME: 0x3D
VERIFY_RECLAIM_CLAIM: 0x3E
CLOSE_RECLAIM_CLAIM: 0x3F
OPEN_EXTERNAL_MARKET: 0x4A
SUBMIT_RESOLUTION: 0x4B
HALT_MARKET: 0x4C
BEGIN_EXTERNAL_MARKET_PREALLOCATION: 0x4F

Internal LOG is 0xFF; it is authenticated recorder plumbing, not a user instruction. Reserved holes: 0x31, 0x32.

PDA Seeds#

See PDA derivation for complete seed tuples, integer encoding, and bump checks.

Compute Budget#

The protocol table includes source-defined heap requests and CU ceilings. These bounds are not measured execution estimates or evidence of staging capacity. Simulate the actual transaction and consult the relevant release evidence.

Network Constants#

Read the selected deployment configuration for the program address, settlement mint, RPC endpoint, and authorities. A compile-time default does not prove a deployment uses it.

Next Steps#

Constants#

Time Constants#

Market Timing#

Price Constants#

Fee Curve Parameters#

Order Book Limits#

Rent Costs#

Oracle Constants#

External Resolver Constants#

Source-level Reclaim and external-market limits appear in the protocol table. Read external markets and Reclaim integration for the account and proof requirements.

Protocol constants#

Constant	Value	Rust type	Source expression
`PROTOCOL_VERSION`	1	`u8`	`1`
`SETTLEMENT_MINT_DECIMALS`	6	`u8`	`6`
`SPL_TOKEN_ACCOUNT_SIZE`	165	`usize`	`165`
`SPL_MINT_ACCOUNT_SIZE`	82	`usize`	`82`
`P_MAX`	10000	`u16`	`10_000`
`BPS_DIVISOR`	10000	`u64`	`10_000`
`MAX_RECLAIM_CLAIM_FUTURE_SKEW_SECONDS`	30	`i64`	`30`
`RECLAIM_V1_BEGIN_HEAP_FRAME_BYTES`	65536	`u32`	`64 * 1024`
`RECLAIM_V1_TRANSITION_HEAP_FRAME_BYTES`	65536	`u32`	`64 * 1024`
`RECLAIM_V1_BEGIN_COMPUTE_UNIT_CEILING`	500000	`u64`	`500_000`
`RECLAIM_V1_PER_EXTRA_ATTESTOR_COMPUTE_UNITS`	30000	`u64`	`30_000`
`RECLAIM_V1_OPEN_COMPUTE_UNIT_CEILING`	175000	`u64`	`175_000`
`RECLAIM_V1_TRANSITION_COMPUTE_UNIT_CEILING`	400000	`u64`	`400_000`
`MAKER_BAND_BPS`	1000	`u16`	`1000`
`STATIC_MIN_BPS_FOR_BAND`	100	`u16`	`100`
`STATIC_MAX_BPS_FOR_BAND`	9900	`u16`	`9900`
`DEFAULT_MAX_ORDER_SIZE`	1000000000000	`u64`	`1_000_000_000_000`
`MAX_MATCH_LIMIT`	12	`u8`	`12`
`MIN_ORDER_TTL_SECONDS`	60	`u32`	`60`
`DEFAULT_MATCH_LIMIT`	12	`u8`	`MAX_MATCH_LIMIT`
`MAX_TAKER_FEE_BPS`	500	`u16`	`500`
`MAX_TICK_SIZE_BPS`	1000	`u16`	`1000`
`MIN_TICK_SIZE_BPS`	1	`u16`	`1`
`DEFAULT_MIN_RESTING_NOTIONAL`	2	`u64`	`2`
`PLACE_ORDER_HEAP_FRAME_BYTES`	65536	`u32`	`64 * 1024`
`MAX_HEAP_FRAME_BYTES`	262144	`u32`	`256 * 1024`
`HEAP_FRAME_GRANULARITY_BYTES`	1024	`u32`	`1024`
`PLACE_ORDER_HEAP_BYTES_PER_BATCHED_ORDER`	21504	`u32`	`21 * 1024`
`SECONDS_PER_DAY`	86400	`i64`	`86_400`
`MAX_PERMITTED_DATA_INCREASE`	10240	`usize`	`10_240`
`DEFAULT_MARKET_DURATION`	900	`u64`	`900`
`MIN_MARKET_DURATION`	60	`u64`	`60`
`MAX_MARKET_DURATION`	604800	`u64`	`604_800`
`MAX_CREATION_WINDOW`	86400	`i64`	`SECONDS_PER_DAY`
`MARKET_EXPIRY_WINDOW`	604800	`i64`	`604_800`
`MAX_EXTERNAL_CLOSE_HORIZON_SECONDS`	31536000	`i64`	`365 * SECONDS_PER_DAY`
`SUPPORTED_EXTERNAL_TEMPLATE_VERSION`	2	`u16`	`2`
`MIN_EXTERNAL_EXPIRATION_WINDOW_SECONDS`	2592000	`u64`	`30 * SECONDS_PER_DAY as u64`
`DEFAULT_CLOSER_REWARD_LAMPORTS`	200000	`u64`	`200_000`
`CLOSER_REWARDS_PER_MARKET`	5	`u64`	`5`
`REFERRAL_DURATION_SECONDS`	31536000	`i64`	`365 * 86_400`
`POSITION_REFERRAL_CACHE_VERSION`	1	`u8`	`1`
`POSITION_REFERRAL_FLAG_BOUND`	1	`u8`	`0x01`
`MAX_REFERRAL_ROLLUP_POSITIONS`	8	`usize`	`8`
`REFERRAL_FORFEIT_GRACE_SECONDS`	604800	`i64`	`604_800`
`FEE_CONFIG_RATE_LIMIT_SECONDS`	3600	`i64`	`3_600`
`MAX_TREASURY_RECIPIENTS`	8	`usize`	`8`
`REBALANCE_ALERT_RATIO`	4	`u64`	`4`
`TREASURY_UPDATE_RATE_LIMIT_SECONDS`	3600	`i64`	`FEE_CONFIG_RATE_LIMIT_SECONDS`
`OPERATIONAL_PARAMS_RATE_LIMIT_SECONDS`	3600	`i64`	`FEE_CONFIG_RATE_LIMIT_SECONDS`
`MICROSTRUCTURE_UPDATE_RATE_LIMIT_SECONDS`	3600	`i64`	`FEE_CONFIG_RATE_LIMIT_SECONDS`

Source: program/src/constants.rs.

Fee constants#

Constant	Value	Rust type	Source expression
`MAX_FEE_CAP_BPS`	500	`u16`	`500`
`MAX_DECAY_RATE_BPS`	1000	`u16`	`1_000`
`MIN_PROTOCOL_SHARE_BPS`	2000	`u16`	`2_000`
`MAX_PROTOCOL_SHARE_BPS`	5000	`u16`	`5_000`
`MIN_REFERRAL_SHARE_BPS_OF_FEE`	1	`u16`	`1`
`MAX_MAKER_REBATE_SHARE_BPS`	4000	`u16`	`4_000`
`MAX_MAKER_REBATE_MIN_REST_SECONDS`	3600	`u32`	`3_600`
`DEFAULT_FEE_CAP_BPS`	200	`u16`	`200`
`DEFAULT_DECAY_RATE_BPS`	400	`u16`	`400`

Source: program/src/logic/fee.rs.

Configuration limits and defaults#

Constant	Value	Rust type	Source expression
`CONFIG_ACCOUNT_SIZE`	576	`usize`	`576`
`MAX_SPLINE_MID_JUMP_RESET_BPS`	9997	`u16`	`crate::constants::P_MAX - 3`
`AUTHORITY_TIMELOCK_SECONDS`	172800	`i64`	`60 * 60 * 48`
`SIZE`	576	`usize`	`CONFIG_ACCOUNT_SIZE`
`DEFAULT_SPLINE_MIN_COMMITMENT`	10000000	`u64`	`10_000_000`
`DEFAULT_MAKER_REBATE_MIN_REST_SECONDS`	10	`u32`	`10`
`MAX_TAKER_FEE_BPS`	500	`u16`	`500`
`MIN_TICK_SIZE_BPS`	1	`u16`	`crate::constants::MIN_TICK_SIZE_BPS`
`MAX_TICK_SIZE_BPS`	1000	`u16`	`crate::constants::MAX_TICK_SIZE_BPS`
`DEFAULT_MIN_MARKET_DURATION`	60	`u64`	`60`
`DEFAULT_MAX_MARKET_DURATION`	604800	`u64`	`604_800`
`MIN_REFERRAL_SHARE_BPS_OF_FEE`	1	`u16`	`crate::logic::fee::MIN_REFERRAL_SHARE_BPS_OF_FEE`
`MAX_MIN_RESTING_NOTIONAL`	100000000	`u64`	`100_000_000`
`MAX_CLOSER_REWARD_LAMPORTS`	1000000	`u64`	`crate::constants::DEFAULT_CLOSER_REWARD_LAMPORTS * crate::constants::CLOSER_REWARDS_PER_MARKET`
`MAX_PRICE_STALENESS_SECONDS`	3600	`u64`	`3_600`
`MAX_EXPIRATION_WINDOW_SECONDS`	2592000	`u64`	`30 * 86_400`
`MAX_CONFIGURABLE_MARKET_DURATION`	604800	`u64`	`crate::constants::MAX_MARKET_DURATION`
`MAX_CONFIGURABLE_ORDER_SIZE`	1000000000000	`u64`	`crate::constants::DEFAULT_MAX_ORDER_SIZE`

Source: program/src/state/config.rs.

Four-Way Fee Split#

Allocation	Basis points of collected fee
`protocol_bps`	5000
`creator_bps`	500
`referral_bps`	500
`maker_bps`	4000

Account Sizes#

Source	Constant	Bytes or Rust layout expression
`asset.rs`	`ASSET_STATE_SIZE`	`128`
`asset.rs`	`SIZE`	`ASSET_STATE_SIZE`
`config.rs`	`CONFIG_ACCOUNT_SIZE`	`576`
`config.rs`	`SIZE`	`CONFIG_ACCOUNT_SIZE`
`config.rs`	`MAX_CONFIGURABLE_ORDER_SIZE`	`crate::constants::DEFAULT_MAX_ORDER_SIZE`
`deep_orderbook.rs`	`DEEP_ORDERBOOK_HEADER_SIZE`	`128`
`deep_orderbook.rs`	`DEEP_ORDERBOOK_MAX_ACCOUNT_SIZE`	`DeepOrderbookCapacityTier::T4096.account_size()`
`deep_orderbook.rs`	`SIZE`	`DEEP_ORDERBOOK_HEADER_SIZE`
`deep_orderbook.rs`	`SIZE`	`32`
`deep_orderbook.rs`	`SIZE`	`32`
`external_market_policy.rs`	`EXTERNAL_MARKET_POLICY_V1_SIZE`	`640`
`fee_accounts.rs`	`REFERRER_EARNINGS_ACCOUNT_SIZE`	`72`
`fee_accounts.rs`	`SIZE`	`REFERRER_EARNINGS_ACCOUNT_SIZE`
`fee_accounts.rs`	`REFERRAL_ACCOUNT_SIZE`	`104`
`fee_accounts.rs`	`SIZE`	`REFERRAL_ACCOUNT_SIZE`
`market.rs`	`MARKET_ACCOUNT_SIZE`	`464`
`market.rs`	`SIZE`	`MARKET_ACCOUNT_SIZE`
`market_meta.rs`	`MARKET_META_ACCOUNT_SIZE`	`384`
`oracle_contest.rs`	`ORACLE_CONTEST_ACCOUNT_SIZE`	`136`
`oracle_observation.rs`	`ORACLE_OBSERVATION_ACCOUNT_SIZE`	`112`
`orderbook.rs`	`ORDER_SIZE`	`96`
`orderbook.rs`	`SIZE`	`ORDER_SIZE`
`position.rs`	`USER_POSITION_ACCOUNT_SIZE`	`256`
`position.rs`	`SIZE`	`USER_POSITION_ACCOUNT_SIZE`
`preallocation_receipt.rs`	`PREALLOCATION_RECEIPT_SIZE`	`384`
`preallocation_receipt.rs`	`SIZE`	`PREALLOCATION_RECEIPT_SIZE`
`resolver_registry.rs`	`RESOLVER_REGISTRY_ACCOUNT_SIZE`	`1024`
`spline.rs`	`SPLINE_ACCOUNT_SIZE`	`896`
`spline.rs`	`SIZE`	`SPLINE_ACCOUNT_SIZE`
`trader_ledger.rs`	`SIZE`	`core::mem::size_of::<Self>()`
`trader_ledger.rs`	`TRADER_LEDGER_V2_HEADER_SIZE`	`core::mem::size_of::<TraderLedgerHeader>()`
`trader_ledger.rs`	`SIZE`	`TRADER_LEDGER_V2_HEADER_SIZE`

IDL fixed headers#

Account	Fixed header bytes
`SplineAccount`	896
`ExternalMarketPolicyV1`	640
`OracleObservationAccount`	112
`OracleContestAccount`	136

See account layouts for complete layouts.

Instruction Discriminators#

Public instructions span 0x00..=0x5A (77 instructions). Internal recorder instruction: LOG = 0xFF. Reserved holes and permanent tombstones are not callable public instructions.

Discriminator Values#

text

INITIALIZE_CONFIG: 0x00
UPDATE_AUTHORITY: 0x01
CLAIM_AUTHORITY: 0x02
CREATE_MARKET: 0x03
SNAPSHOT_END: 0x04
RESOLVE_MARKET: 0x05
EXPIRE_MARKET: 0x06
MINT_SHARES: 0x07
DEPOSIT_FUNDS: 0x08
WITHDRAW_FUNDS: 0x09
WITHDRAW_SHARES: 0x0A
PLACE_ORDER: 0x0B
PLACE_MULTIPLE_POST_ONLY_ORDERS: 0x0C
SWAP_WITH_FREE_FUNDS: 0x0D
PLACE_LIMIT_ORDER_WITH_FREE_FUNDS: 0x0E
PLACE_MULTIPLE_POST_ONLY_ORDERS_WITH_FREE_FUNDS: 0x0F
CANCEL_ORDER: 0x10
CANCEL_MULTIPLE_ORDERS_BY_ID: 0x11
CANCEL_ALL_ORDERS: 0x12
CANCEL_UP_TO: 0x13
REDUCE_ORDER: 0x14
CANCEL_MULTIPLE_ORDERS_BY_ID_WITH_FREE_FUNDS: 0x15
CANCEL_ALL_ORDERS_WITH_FREE_FUNDS: 0x16
CANCEL_UP_TO_WITH_FREE_FUNDS: 0x17
REDUCE_ORDER_WITH_FREE_FUNDS: 0x18
RECLAIM_EXPIRED_ORDER: 0x19
REDEEM: 0x1A
FORCE_CLOSE: 0x1B
MARK_POSITION_SETTLED: 0x1C
CLOSE_POSITION: 0x1D
CLOSE_MARKET: 0x1E
UPDATE_FEE_CONFIG: 0x1F
UPDATE_TREASURY_RECIPIENTS: 0x20
SET_REFERRER: 0x21
INIT_REFERRER_EARNINGS_ACCOUNT: 0x22
CLAIM_CREATOR_FEES: 0x23
CLAIM_REFERRER_EARNINGS: 0x24
PAUSE: 0x25
UNPAUSE: 0x26
ENABLE_POST_ONLY_MODE: 0x27
DISABLE_POST_ONLY_MODE: 0x28
UPDATE_TICK_SIZE: 0x29
UPDATE_MIN_RESTING_NOTIONAL: 0x2A
UPDATE_MARKET_CAP: 0x2B
SET_MARKET_EMERGENCY_STATUS: 0x2C
FORCE_CANCEL_MARKET_ORDERS: 0x2D
ENSURE_TRADER_LEDGER_SPACE: 0x2E
UPDATE_OPERATIONAL_PARAMS: 0x2F
RECOVER_SPLINE: 0x30
ENSURE_DEEP_ORDERBOOK_SPACE: 0x33
SET_PAUSER: 0x34
TOP_UP_CLOSER_REWARDS: 0x35
ROLLUP_REFERRAL_FEES: 0x36
INITIALIZE_REFERRER_TREASURY_SHARD: 0x37
INIT_SPLINE: 0x40
UPDATE_SPLINE_SHAPE: 0x41
UPDATE_SPLINE_MID: 0x42
ATTACH_SPLINE: 0x43
SETTLE_SPLINE: 0x44
DEPOSIT_SPLINE_VAULT: 0x45
WITHDRAW_SPLINE_VAULT: 0x46
CLOSE_SPLINE: 0x47
INIT_RESOLVER_REGISTRY: 0x48
UPDATE_RESOLVER_REGISTRY: 0x49
EXPIRE_EXTERNAL_MARKET: 0x4D
SHRINK_PREALLOCATED_CHILD: 0x4E
RECLAIM_EXTERNAL_MARKET_PREALLOCATION: 0x50
TOP_UP_EXTERNAL_PROGRESS_RESERVE: 0x51
BEGIN_RECLAIM_EXTERNAL_MARKET_V1: 0x52
OPEN_RECLAIM_EXTERNAL_MARKET_V1: 0x53
RESOLVE_EXTERNAL_MARKET_WITH_RECLAIM_V1: 0x54
HALT_EXTERNAL_MARKET_WITH_RECLAIM_V1: 0x55
EXTEND_EXTERNAL_CLOSE_WITH_RECLAIM_V1: 0x56
RECORD_ORACLE_OBSERVATION: 0x57
SUBMIT_ORACLE_OBSERVATION: 0x58
FINALIZE_ORACLE_OBSERVATION: 0x59
CLOSE_ORACLE_OBSERVATION: 0x5A

Frozen legacy Reclaim tombstones#

These wire values reject with FrozenLegacyReclaim before parsing or account access.

text

RECLAIM_RESOLVE: 0x38
RECLAIM_HALT: 0x39
RECLAIM_BEGIN_PREALLOCATION: 0x3A
RECLAIM_CREATE_MIRROR: 0x3B
UPDATE_RECLAIM_WITNESS_EPOCH: 0x3C
UPDATE_EXTERNAL_CLOSE_TIME: 0x3D
VERIFY_RECLAIM_CLAIM: 0x3E
CLOSE_RECLAIM_CLAIM: 0x3F
OPEN_EXTERNAL_MARKET: 0x4A
SUBMIT_RESOLUTION: 0x4B
HALT_MARKET: 0x4C
BEGIN_EXTERNAL_MARKET_PREALLOCATION: 0x4F

Internal LOG is 0xFF; it is authenticated recorder plumbing, not a user instruction. Reserved holes: 0x31, 0x32.

PDA Seeds#

See PDA derivation for complete seed tuples, integer encoding, and bump checks.

Compute Budget#

Network Constants#

Read the selected deployment configuration for the program address, settlement mint, RPC endpoint, and authorities. A compile-time default does not prove a deployment uses it.