DAMM v2 Changelog

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Release summary

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What We Shipped

• Position Delegate
• Withdraw Dead Liquidity (Compounding Pools Only)

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What To Do

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Program: cp-amm 0.2.2

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Added

• Added support for NFT delegates to manage positions. The following endpoints can now be signed by a delegate if the owner has granted them permission: claim_position_fee, claim_reward, add_liquidity, remove_liquidity, remove_all_liquidity, lock_position, lock_inner_position, permanent_lock_position. Note: the close_position, split_position, and split_position2 endpoints remain callable by the owner only.
• Added new endpoint update_delegate_permission to set the permission bitmask on Position.delegate_permission. Pass permission = 0 to clear all permissions. Callers are responsible for managing the SPL token delegate via SPL Approve / Revoke separately. The bitmask supports 8 permissions: AddLiquidity, RemoveLiquidity, RemoveLiquidityToOwner, ClaimPositionFee, ClaimPositionFeeToOwner, ClaimReward, ClaimRewardToOwner, LockPosition.
• Added new endpoint withdraw_dead_liquidity_reward allowing the funder to recover the unowned DEAD_LIQUIDITY reward share of a CollectFeeMode::Compounding pool at any time, without waiting for the reward campaign to end. This share is tracked by the new dead_liquidity_reward_checkpoint field in the Pool RewardInfo.

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Changed

• Renamed the signer account from owner to signer, now that the signer may be a delegate, in the following endpoints: claim_position_fee, claim_reward, add_liquidity, remove_liquidity, remove_all_liquidity, lock_position, lock_inner_position, permanent_lock_position.

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Breaking Changes

• The following endpoints previously rejected unauthorized signers with Anchor’s ConstraintTokenOwner (2015) and now reject with PoolError::InvalidAuthority (6053), PoolError::InvalidPermission (6054), or PoolError::DelegatedAmountNonZero (6070): claim_position_fee, claim_reward, add_liquidity, remove_liquidity, remove_all_liquidity, lock_position, lock_inner_position, permanent_lock_position.

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TypeScript SDK: @meteora-ag/cp-amm-sdk 1.4.4

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Added

• Added updateDelegatePermission endpoint to grant or revoke delegate permissions on a position. It SPL-approves the delegate on the position NFT account and sets the on-chain delegate permission bitmask in a single transaction.
• Added withdrawDeadLiquidityReward endpoint to withdraw the reward share attributable to a compounding pool’s permanent dead liquidity. Only valid for CollectFeeMode.Compounding pools.
• Added PositionDelegatePermission enum and encodeDelegatePermissions helper to build the delegate permission bitmask.
• Added UpdateDelegatePermissionParams and WithdrawDeadLiquidityRewardParams types.

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Changed

• Bumped the IDL and program fixture: the signer account on position instructions (addLiquidity, removeLiquidity, removeAllLiquidity, claimPositionFee, claimReward, lockPosition, lockInnerPosition and permanentLockPosition) was renamed from owner to signer so a delegate can sign. SDK parameter interfaces are unchanged.

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Release summary

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What We Shipped

• Compounding Liquidity

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What To Do

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Program: cp-amm 0.2.0

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Added

• Pool now will track reserves balances (token_a_amount, token_b_amount) if pool.layout_version == 1. For pool layout_version 0, operator can call the new endpoint fix_pool_layout_version to pump pool version.
• Add a new collect_fee_mode (Compounding), in the new collect fee mode, fee will be collected in quote token, and a percentage of fee (configurable) will be added in reserves for compounding. In the new collect fee mode, the pool doesn’t have concentrated price range, instead following constant-product formula token_a_amount * token_b_amount = constant.
• Endpoints create_config, initialize_customizable_pool and initialize_pool_with_dynamic_config will allow user to create pool with collect_fee_mode == Compounding, and config for compounding_fee_bps.

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Changed

• Related to event EvtSwap2, in swap_result field, partner_fee will be replaced by compounding_fee, now total_trading_fee will be calculated as swap_result.claiming_fee + swap_result.compounding_fee

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Removed

• Removed partner field from Pool struct
• Removed unused partner_fee feature and the claim_partner_fee endpoint

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Breaking Changes

• Quote function will be changed by the new fee mode

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TypeScript SDK: @meteora-ag/cp-amm-sdk 1.3.7

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Added

• Added new CollectFeeMode.Compounding mode — a constant-product (x * y = k) liquidity mode where a configurable percentage of trading fees are compounded back into pool liquidity (as token B), with the remaining fees available for claiming. Pools with compounding mode do not use price ranges.
• Added LiquidityHandler interface and two implementations: CompoundingLiquidityHandler and ConcentratedLiquidityHandler, with a getLiquidityHandler factory function that dispatches based on collectFeeMode.
• Added compoundingFeeBps field to PoolFeesParams for configuring the compounding fee split.
• Added collectFeeMode parameter to getLiquidityDelta, getDepositQuote, getWithdrawQuote, and preparePoolCreationParams.
• Added tokenAAmount, tokenBAmount, and liquidity parameters to getDepositQuote and getWithdrawQuote for compounding liquidity calculations.

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Changed

• Rewrote swapQuote.ts to use LiquidityHandler abstraction, supporting both concentrated and compounding liquidity modes.
• Fee structure: tradingFee split into claimingFee + compoundingFee in SwapResult2, FeeOnAmountResult, and SplitFees types.
• Renamed PoolVersion enum to LayoutVersion.
• PoolFeesParams.padding changed from number[] to number.
• splitFees and getFeeOnAmount no longer accept hasPartner parameter.
• getQuote totalFee now computed as claimingFee + compoundingFee + protocolFee + referralFee.
• getQuote2 return type: tradingFee and partnerFee replaced with claimingFee and compoundingFee.
• collectFeeMode comment updated: 0: BothToken, 1: OnlyB, 2: Compounding.
• Liquidity delta and amount functions (getLiquidityDeltaFromAmountA, getLiquidityDeltaFromAmountB, getAmountAFromLiquidityDelta, getAmountBFromLiquidityDelta) now accept collectFeeMode and dispatch to the appropriate handler.

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Removed

• Removed claimPartnerFee endpoint and ClaimPartnerFeeParams type.
• Removed partnerFee from fee result types (FeeOnAmountResult, SplitFees, SwapResult2).
• Removed hasPartner helper function.
• Removed FEE_PADDING constant.