Hxro Parimutuel TS SDK + React Project

In this project walkthrough, we are going to go through how you can create a dAPP UI that allows users to place positions, and many more interactions with the Hxro TS SDK and the Solana web3.js Lib

Sneak Peek of the app that we are going to build:

Getting Started:

Requirements:

Complete the Typescript SDK Quickstart, which will help us when extracting the necessary information needed to showcase users
Clone the Parimtuel TS Project repo
Start the project
1. Run yarn install to install all our project dependencies
2. Run yarn dev to run our application

Next Steps:

Now that we have all the requirements met, it's time to dive into the code and get our hands dirty.

We'll begin by changing the branch from main to doc-template.
Our next stop is src/views/home/index.tsx, which will be the home of our homepage view.

With the groundwork laid, it's time to set up our files:

Navigate to the components folder under src.
Here, we'll create four new files with the .tsx extension:
1. Config.tsx - This is where we are going to set our global config variable for the ParimutuelWeb3 connection
2. PariBox.tsx - This component will be used for each parimutuel market we want to add.
3. PlacePositionBox.tsx - This component will handle the amount a user wants to set for a trade and make the call to the PlacePosition component to place the trade.
4. PlacePosition.tsx - This component will handle the placement of the position and send a transaction request to the user's wallet.

Config.tsx

Inside of here import the DEV_CONFIG to interact with the devnet parimutuel protocol and for mainnet it’s going to be MAINNET_CONFIG and exporting PariConfig to use it through our project

import { DEV_CONFIG, MAINNET_CONFIG } from "@hxronetwork/parimutuelsdk";

export const PariConfig = {
config: DEV_CONFIG
}

PariBox.tsx

Importing Dependencies

We are going to start by importing the necessary dependencies that we need for our PariBox component.

We'll be utilizing the following dependencies:

import { useConnection } from "@solana/wallet-adapter-react";
import { FC, useState } from "react";
import {
ParimutuelWeb3,
MarketPairEnum,
getMarketPubkeys,
calculateNetOdd,
} from "@hxronetwork/parimutuelsdk";
import { useEffect } from "react";
import { PariConfig } from "./Config";

With these dependencies in place, we're ready to start building our PariBox component.

As we dive into the exciting part, let's first prepare some essential elements under our imports that we'll be utilizing later on:

We'll be creating a PariObj interface to store the contest information, including the Long and Short Pools' amounts, odds, and pubkey.

interface PariObj {
    longPool: any; // This is how much money is in the Long Pool of the contest
    shortPool: any; // This is how much money is in the Short Pool of the contest
    longOdds: string; // This is the weighted odds of the Long Pool
    shortOdds: string; // This is the weighted odds of the Short Pool
    pubkey: string; // This is the contest pubkey
}

Next, we'll create a constant named TimeInterval to store various time intervals for ease of use.

const TimeInterval = [
    {
        interval: '1M',
        seconds: 60,
        title: "1 MINUTE",
    },

    {
        interval: '5M',
        seconds: 300,
        title: "5 MINUTE",
    },

    {
        interval: '15M',
        seconds: 900,
        title: "15 MINUTE",
    },

    {
        interval: '1H',
        seconds: 3600,
        title: "1 HOUR",
    },
    {
        interval: '1D',
        seconds: 86400,
        title: "1 DAY",
    },
];

Setting up our component

Start by creating a functional component called PariBox. It will take in a prop called time.

export const PariBox: FC<{ time: string }> = (props) => {
    const { time } = props;

Next, we'll filter the TimeInterval array to find the object that matches the time prop passed in.

    const selectedTime = TimeInterval.filter((data) => data.interval === time);

We'll extract the seconds and title properties from the selected object.

    const timeSeconds = selectedTime[0].seconds
    const timeTitle = selectedTime[0].title

Define a state variable to store the PariObj data. The useState hook is used to manage this state in the function component.

const [pariObj, setPariObj] = useState<PariObj>();

Define a state variable to store the countDownTime data. The useState hook is used to manage this state in the function component.

const [countDownTime, setCountDownTime] = useState<string>("");

Create a constant config that holds the configuration values imported from our Config.tsx file

const { config } = PariConfig;

Then create constant **connection** that handles the connection to Solana depending on the user's wallet, and instantiate a new ParimutuelWeb3 object with config and connection as parameters.

const { connection } = useConnection();
const parimutuelWeb3 = new ParimutuelWeb3(config, connection);

Define the marketPair with **MarketPairEnum** to select the market that we want to get the contests from; for markets we use the **getMarketPubkeys** method to get all of the Pubkeys of the specified market/s, and create a marketsByTime variable that filters the markets based on if the duration is the same as timeSeconds value so that we get only the contests from the time interval that we want.

// To get only the BTC-USD Market Contests
const marketPair = MarketPairEnum.BTCUSD; 

const markets = getMarketPubkeys(config, marketPair);
const marketsByTime = markets.filter(
    (market) => market.duration === timeSeconds
);

Getting our contest data

Use the useEffect hook to run a specific effect when the component is rendered. In this case, the effect will fetch data about the contest and set it in the pariObj state.

useEffect(() => {
    const getPariData = async () => {

				// make sure that we don't exceed the localStorage 10MB capacity when 
				// calling our data
				localStorage.clear(); 

        // Fetch contest data and set it in the pariObj state
    };
    fetchData();
}, []);

Retrieving contests

Use the parimutuelWeb3.getParimutuels method to retrieve the parimutuel data from the parimutuels array marketsByTerm , and retrieve the duration of the selected parimutuel market

    const parimutuels = await parimutuelWeb3.getParimutuels(marketsByTime);
    const duration = marketsByTime[0].duration;

Use the parimutuelWeb3.getMarkets method to retrieve the market data.

    const getMarkets = await parimutuelWeb3.getMarkets(market)

Filter the parimutuels array to find the parimutuel accounts that match the conditions to retrieve only the next-in-line contests.

    const pari_markets = parimutuels.filter(
        (account) =>
            account.info.parimutuel.timeWindowStart.toNumber() > Date.now() &&
            account.info.parimutuel.timeWindowStart.toNumber() <
            Date.now() + duration * 1000
    );

Extracting data from contests

Assigning data to variables:

// Assign active long and active short pools and divide them by USDC 
// decimal size to get the real amount
        let longPool: any =
            (pari_markets[0].info.parimutuel.activeLongPositions.toNumber() /
            1_000_000_000);
        let shortPool: any =
            (pari_markets[0].info.parimutuel.activeShortPositions.toNumber() /
            1_000_000_000);

// Calculate the odds for long and short pools with the 
// calculateNetOdds(side, totalPool, rake) method from the SDK 
// by passing it in the respective pool side, total pool size, 
// and the rake which is the fee that the Parimutuel protocol takes which is 3%
				const longOdds = calculateNetOdd(longPool, longPool + shortPool, 0.03);
        const shortOdds = calculateNetOdd(shortPool, longPool + shortPool, 0.03);

// Get the public key of the selected parimutuel contract and turn it 
// into a string
const pubkey = pari_markets[0].pubkey.toString();

// Get the lock time of the selected parimutuel contract
        const locksTime =
            pari_markets[0].info.parimutuel.timeWindowStart.toNumber();

// Round the values of long and short pools to 2 decimal places
//
        longPool = longPool.toFixed(2)
        shortPool = shortPool.toFixed(2)

// Now we can update our contest by setting the state of our pariObj 
// object with this data
				setPariObj({ longPool, shortPool, longOdds, shortOdds, pubkey });

Formatting countdown timer to display:

// We declare a variable formattedTime and initialize it with "00:00:00".
var formattedTime = "00:00:00";

// Next, we have an if statement that checks if locksTime is truthy.
if (locksTime) {

//If locksTime is truthy, we calculate the difference between locksTime 
// and the current time in milliseconds. We store this difference in the 
// timeDiff variable.
const currentTime = new Date().getTime();
const timeDiff = locksTime - currentTime;

// We then use the Math.floor method to calculate the number of hours,
// minutes, and seconds from timeDiff.
const hours = Math.floor(timeDiff / (1000 * 60 * 60));
const minutes = Math.floor((timeDiff % (1000 * 60 * 60)) / (1000 * 60));
const seconds = Math.floor((timeDiff % (1000 * 60)) / 1000);

// Next, we use template literals to format hours, minutes, and seconds
// into a string that has the format "hh:mm:ss". If hours, minutes, or
// seconds is less than 10, we add a leading "0".
formattedTime = `${hours < 10 ? "0" + hours : hours}:${minutes < 10 ? "0" + minutes : minutes
                        }:${seconds < 10 ? "0" + seconds : seconds}`;
}

// Finally, we can setCountDownTime with formattedTime as its argument.
setCountDownTime(formattedTime);

};

Here we can close our getPariStats() function

Calling our data

To start a recurring function call, we can use the setInterval() function. The setInterval() function takes two parameters: the first parameter is the function that you want to call repeatedly, and the second parameter is the interval in milliseconds.

Here, we want to call the getPariData() function every second, so the interval is set to 1000 milliseconds or 1 second.

const intervalId = setInterval(() => getPariData(), 1000);

It's important to clean up any recurring functions when the component that started it unmounts, to avoid memory leaks. To do this, we can return a function that calls clearInterval() and pass in the intervalId.

return () => clearInterval(intervalId);

}, []);

So now, we have a function that updates our data every second until the component unmounts and the interval is cleared.

Rendering Our Data

Now, let's build the UI of our Pari Box component.

return (
    // Render contents here
);

To make it easier for you, here is the code you can copy & paste inside of return:

return (
        <div>
            <div style={{
                padding: 10,
                border: "1px solid white",
                borderRadius: "10px",
                boxSizing: "border-box",
                width: "250px",
                alignItems: "center",
            }}>
                <h1 style={{fontWeight: 'bold', fontSize:'30px', marginBottom:'10px'}}>{timeTitle}</h1>
                <div
                    style={{
                        display: "flex",
                        flexDirection: "row",
                        justifyContent: "space-between",
                        alignItems: "center",
                    }}
                >
                    <div
                        style={{
                            display: "flex",
                            flexDirection: "column",
                            alignItems: "flex-start",
                            marginRight: "5px",
                        }}
                    >
                        <p style={{ color: "white" }}>Long Pool:</p>
                        <p style={{ color: "white" }}>Short Pool:</p>
                        <p style={{ color: "white" }}>Long Odds:</p>
                        <p style={{ color: "white" }}>Short Odds:</p>
                        <p style={{ color: "white" }}>Starts In:</p>
                    </div>
                    <div
                        style={{
                            display: "flex",
                            flexDirection: "column",
                            alignItems: "flex-end",
                            marginLeft: "5px",
                        }}
                    >
                        <p style={{ color: "white", fontWeight: "bold" }}></p>
                        <p style={{ color: "white", fontWeight: "bold" }}>
                            {pariObj ? pariObj.longPool : "0"}
                        </p>
                        <p style={{ color: "white", fontWeight: "bold" }}>
                            {pariObj ? pariObj.shortPool : "0"}
                        </p>
                        <p style={{ color: "white", fontWeight: "bold" }}>
                            {pariObj ? pariObj.longOdds : "0"}
                        </p>
                        <p style={{ color: "white", fontWeight: "bold" }}>
                            {pariObj ? pariObj.shortOdds : "0"}
                        </p>
                        <p style={{ color: "white", fontWeight: "bold" }}>{countDownTime}</p>
                    </div>
                </div>
{/* 

Here is where we are going to be using the PlacePositionBox.tsx component

                <div style={{marginTop:'20px'}}>
                   <PlacePositionBox pubkey={pariObj? pariObj.pubkey : 'Loading'}/>
                </div>
*/}
            </div>

        </div>
);

Now, let us test it!

Head to src/view/home.tsx and import PariBox.tsx
Import our PariBox component

//Pari Box
import { PariBox } from '../../components/PariBox';

Use it inside of our HomeView return, and lets pass in ‘1M’ as our time prop to get only the 1 min market contests for BTC-USD.

<div className="mx-5 my-5 mb-5 md:mb-0"><PariBox time={'1M'} /></div>

Bonus:

You can use the following code to display (in a responsive way) the latest contests for all the time intervals available:

			<div className="text-center" style={{ alignContent: 'center' }}>
          <div className="flex flex-col items-center justify-between md:flex-row">
            <div className="mx-5 my-5 mb-5 md:mb-0"><PariBox time={'1M'} /></div>
            <div className="mx-5 my-5 mb-5 md:mb-0"><PariBox time={'5M'} /></div>
            <div className="mx-5 my-5 mb-5 md:mb-0"><PariBox time={'15M'} /></div>
            <div className="mx-5 my-5 mb-5 md:mb-0"><PariBox time={'1H'} /></div>
            <div className="mx-5 my-5 mb-5 md:mb-0 md:mb-0"><PariBox time={'1D'} /></div>
          </div>
			</div>

And you should have something like this:

PlacePositionBox.tsx

Now head to src/components/PlacePositionBox.tsx where we will be building our next component to handle under inputs

Importing Dependencies:

In the top of our file we are going to import the following dependencies:

import { PositionSideEnum } from '@hxronetwork/parimutuelsdk';
import React, { FC, useState } from 'react';
import { useEffect } from 'react';

Setting up our component

Define the component PlacePositionBox using the functional component syntax and destructuring the props object for pubkey:

const PlacePositionBox: FC<{ pubkey: string }> = (props) => {
    const { pubkey } = props

Use the useState hook to initialize the state for inputValue and amount. Set the initial value for inputValue to 'Enter Amount...' and for amount to '0':

		const [inputValue, setInputValue] = useState('Enter Amount...');
    const [amount, setAmount] = useState('0')

Use the useEffect hook to specify the component should re-render whenever the pubkey changes:

		useEffect(() => {
    }, [pubkey]);

If the pubkey is equal to 'Loading', return a loading message:

		if (pubkey === 'Loading') {
        return (
            <div>
                Loading...
            </div>
        )
    }

Define a handleChange function that sets the inputValue and amount to the value of the event.target.value:

		const handleChange = (event) => {
        setInputValue(event.target.value);
        setAmount(event.target.value);

Now we need to handle the change of the input value by creating the handleChange function. The handleChange function updates the input value with the entered amount using the setInputValue hook and sets the same value to amount with the setAmount hook. If the input value is empty, it sets the inputValue back to the placeholder text "Enter Amount...".

const handleChange = (event) => {
    setInputValue(event.target.value);
    setAmount(event.target.value);
    if (!event.target.value) {
      setInputValue('Enter Amount...');
    }
};

Returning our component:

Finally, we return the component, which is a div that contains the input field and the two buttons for LONG and SHORT positions. The input field takes the value from inputValue and the onChange event is set to handleChange function. The styles for the input field are also set using inline styling.

return (
    <div style={{ textAlign: 'center' }}>
        <input
            type="number"
            value={inputValue}
            onChange={handleChange}
            placeholder={inputValue}
            style={{ color: 'black', borderRadius: '10px', display: 'inline-block', textAlign: 'center', }}
        />
{/*
Here is where we are going to use the PlacePostion component and 
pass it in amount and pubkey to place the position of the user

        <div style={{ marginLeft: '-15px', marginTop: '10px' }}>
            <PlacePosition amount={amount} pariPubkey={pubkey} side={PositionSideEnum.LONG}/>
            <PlacePosition amount={amount} pariPubkey={pubkey} side={PositionSideEnum.SHORT} />
        </div>
*/}
    </div>
);
};

export default PlacePositionBox;

Now, let us test it!

Head over to src/components/PariBox.tsx
Import the component into the file

import PlacePositionBox from './PlacePositionBox'

Place it at the bottom of our second div like this:

<div style={{marginTop:'20px'}}>
	<PlacePositionBox pubkey={pariObj? pariObj.pubkey : 'Loading'}/>
</div>

And now you should have something like this:

PlacePosition.tsx

Now head to src/components/PlacePosition.tsx where we will be building our next component to handle placing positions

Importing Dependencies:

Import the required dependencies

import { useConnection, useWallet } from '@solana/wallet-adapter-react';
import { PublicKey } from '@solana/web3.js';
import { FC, useCallback, useEffect } from 'react';
import { notify } from "../utils/notifications";
import { ParimutuelWeb3, PositionSideEnum, WalletSigner } from '@hxronetwork/parimutuelsdk';
import { PariConfig } from './Config';

Setting up our component

Create a functional component PlacePosition which will take in 3 props pariPubkey, side, and amount

const PlacePosition: FC<{pariPubkey: string, side: PositionSideEnum, amount: string}> = (props) => {
  // ...
}

In the component, use the useConnection and useWallet hooks to retrieve the connection and public key. Also, initialize a parimutuelWeb3 instance with the required config and connection

const { connection } = useConnection();
const { publicKey, signTransaction } = useWallet();
const wallet = useWallet()

const { config } = PariConfig;
const parimutuelWeb3 = new ParimutuelWeb3(config, connection);

Get the pariPubkey, side, and amount props passed to the component

const {pariPubkey, side, amount} = props

Use the useEffect hook to run a piece of code whenever the pariPubkey value changes

useEffect(() => {
}, [pariPubkey]);

Create a onClick event handler using the useCallback hook. This event handler will be called when the button is clicked, and it will make a call to the parimutuelWeb3.placePosition method to place a position.

The required parameters are: - wallet - PublicKey(pariPubkey) - parseFloat(amount) * (10 ** 9 / 1) - side - Date.now()

If the transaction is successful, a success notification will be displayed, otherwise, an error notification will be displayed.

const onClick = useCallback(async (amount: string, pariPubkey: string) => {
        if (!publicKey) {
          notify({ type: 'error', message: 'Wallet not connected!' });
          console.error('Send Transaction: Wallet not connected!');
          return;
        }
        let transactionId = '';
        try {
      
          transactionId = await parimutuelWeb3.placePosition(
            wallet as WalletSigner,
            new PublicKey(pariPubkey),
            parseFloat(amount) * (10 ** 9 / 1),
            side,
            Date.now()
          );
      
          if (transactionId) {
            console.log(`Transaction: ${transactionId}`);
            notify({ type: 'success', message: `Placed ${side === PositionSideEnum.LONG ? 'LONG' : 'SHORT'} Position`, txid: transactionId });
          }
        } catch (error) {
          notify({ type: 'error', message: 'Transaction failed!', description: error.message, txid: transactionId });
          console.error(`Transaction failed! ${error.message}`, transactionId);
          return;
        }
      }, [publicKey, notify, connection, signTransaction]);

Using side to determine the color gradient of the button. If the side is equal to PositionSideEnum.LONG, the button will have a gradient from purple to teal. If the side is equal to PositionSideEnum.SHORT, the button will have a gradient from pink to yellow.

const bgGradientClass =
    side === PositionSideEnum.LONG
      ? 'bg-gradient-to-r from-indigo-500 to-teal-500 hover:from-teal-500 hover:to-indigo-500'
      : 'bg-gradient-to-r from-pink-500 to-yellow-500 hover:from-yellow-500 hover:to-pink-500';

Returning our component

Now that we handled everything else we can return the following to get our PlacePosition button set up

return (
        <div>
            <button
                className={`group w-60 m-2 btn disabled:animate-none bg-gradient-to-r ${bgGradientClass} ...`}
                onClick={() => onClick(amount, pariPubkey)} disabled={amount === '0'}
            >
                <div className="hidden group-disabled:block ">
                    Enter Amount...
                </div>
                <span className="block group-disabled:hidden" > 
                   {amount} USDC {side === PositionSideEnum.LONG? 'LONG' : 'SHORT'}
                </span>
            </button>
        </div>
    );
};

This button checks if the user inputted any amount or not and if not it will block the user from placing a position (ps: it’s not perfect)

Now, let us test it!

Head over to src/components/PlacePostionBox.tsx
Import PlacePosition from our component

import PlacePosition from './PlacePosition'

Place 2 instances of PlacePosition under the <input/> element, one for placing Long positions and the other one for Shorts, and pass in amount as the amount prop, pubkey as the pariKey prop, and a PositionSideEnum for each side for the side prop

<div style={{ marginLeft: '-15px', marginTop: '10px' }}>
		<PlacePosition amount={amount} pariPubkey={pubkey} side={PositionSideEnum.LONG}/>
		<PlacePosition amount={amount} pariPubkey={pubkey} side={PositionSideEnum.SHORT} />
</div>

And that’s it, if you run your application you should be able to see this:

Now you and any of your users can set their position amounts and place positions for whichever side they want for the time interval that they selected in the BTC-USD Devnet Parimutuel Market

Up Next: V2 of this Parimutuel UI Project Walkthrough with more functionalities from the Parimutuel TS SDK

Name		Name	Last commit message	Last commit date
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notebooks		notebooks
public		public
src		src
.DS_Store		.DS_Store
.gitignore		.gitignore
Dockerfile		Dockerfile
LICENSE		LICENSE
README.md		README.md
final-ui-view.png		final-ui-view.png
first-ui-view.png		first-ui-view.png
next-env.d.ts		next-env.d.ts
next.config.js		next.config.js
package-lock.json		package-lock.json
package.json		package.json
postcss.config.js		postcss.config.js
second-ui-view.png		second-ui-view.png
tailwind.config.js		tailwind.config.js
third-ui-view.png		third-ui-view.png
tsconfig.json		tsconfig.json
yarn.lock		yarn.lock

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Repository files navigation

Hxro Parimutuel TS SDK + React Project

Getting Started:

Requirements:

Next Steps:

Config.tsx

PariBox.tsx

Importing Dependencies

Setting up our component

Getting our contest data

Retrieving contests

Extracting data from contests

Calling our data

Rendering Our Data

Now, let us test it!

Bonus:

PlacePositionBox.tsx

Importing Dependencies:

Setting up our component

Returning our component:

Now, let us test it!

PlacePosition.tsx

Importing Dependencies:

Setting up our component

Returning our component

Now, let us test it!

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Repository files navigation

Hxro Parimutuel TS SDK + React Project

Getting Started:

Requirements:

Next Steps:

Config.tsx

PariBox.tsx

Importing Dependencies

Setting up our component

Getting our contest data

Retrieving contests

Extracting data from contests

Calling our data

Rendering Our Data

Now, let us test it!

Bonus:

PlacePositionBox.tsx

Importing Dependencies:

Setting up our component

Returning our component:

Now, let us test it!

PlacePosition.tsx

Importing Dependencies:

Setting up our component

Returning our component

Now, let us test it!

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