createWrapperSellYtInstruction

Sells YT tokens for base assets in a single atomic operation. This instruction buys PT on the market, merges the PT and YT back into SY, and then redeems the SY for the underlying base asset. The entire flow is executed atomically so the caller receives base tokens directly from their YT position.

Usage

import { createWrapperSellYtInstruction } from "@exponent-labs/exponent-sdk/client/clmm";
import { PublicKey } from "@solana/web3.js";

const ix = createWrapperSellYtInstruction({
  seller: sellerKeypair.publicKey,
  market: new PublicKey("market..."),
  tokenSyTrader: new PublicKey("tokenSyTrader..."),
  tokenYtTrader: new PublicKey("tokenYtTrader..."),
  tokenPtTrader: new PublicKey("tokenPtTrader..."),
  tokenSyEscrow: new PublicKey("tokenSyEscrow..."),
  tokenYtEscrow: new PublicKey("tokenYtEscrow..."),
  tokenPtEscrow: new PublicKey("tokenPtEscrow..."),
  marketAddressLookupTable: new PublicKey("lookupTable..."),
  tokenProgram: new PublicKey("TokenkegQfeZyiNwAJbNbGKPFXCWuBvf9Ss623VQ5DA"),
  syProgram: new PublicKey("syProgram..."),
  tokenFeeTreasurySy: new PublicKey("tokenFeeTreasurySy..."),
  tokenFeeTreasuryPt: new PublicKey("tokenFeeTreasuryPt..."),
  ticks: new PublicKey("ticks..."),
  exponentCoreProgram: new PublicKey("exponentCoreProgram..."),
  eventAuthority: new PublicKey("eventAuthority..."),
  program: new PublicKey("program..."),
  ytAmount: 1_000_000n,
  minBaseAmount: 950_000n,
  redeemSyAccountsUntil: 3,
});

Accounts

Name	Type	Signer	Writable	Description
`seller`	`PublicKey`	Yes	Yes	Wallet executing the trade
`market`	`PublicKey`	No	Yes	The CLMM market account
`ticks`	`PublicKey`	No	Yes	The market tick array account
`tokenSyTrader`	`PublicKey`	No	Yes	Trader’s SY token account
`tokenYtTrader`	`PublicKey`	No	Yes	Trader’s YT token account
`tokenPtTrader`	`PublicKey`	No	Yes	Trader’s PT token account
`tokenSyEscrow`	`PublicKey`	No	Yes	Market SY escrow account
`tokenYtEscrow`	`PublicKey`	No	Yes	Market YT escrow account
`tokenPtEscrow`	`PublicKey`	No	Yes	Market PT escrow account
`marketAddressLookupTable`	`PublicKey`	No	No	Market address lookup table
`tokenProgram`	`PublicKey`	No	No	SPL Token program
`syProgram`	`PublicKey`	No	No	SY program
`tokenFeeTreasurySy`	`PublicKey`	No	Yes	SY fee treasury account
`tokenFeeTreasuryPt`	`PublicKey`	No	Yes	PT fee treasury account
`exponentCoreProgram`	`PublicKey`	No	No	Exponent core program (for strip/merge CPI)
`eventAuthority`	`PublicKey`	No	No	Event authority PDA
`program`	`PublicKey`	No	No	CLMM program ID

Args

Name	Type	Description
ytAmount	`u64`	The amount of YT tokens to sell
minBaseAmount	`u64`	The minimum amount of base asset to receive
redeemSyAccountsUntil	`u8`	The number of CPI remaining accounts used for SY redemption

Returns

TransactionInstruction — a transaction instruction ready to be added to a transaction.