Vault deployment#
For vault based strategies, before you progress to Live strategy deployment, you need to deploy the underlying vault that is controlled by an oracle.
Preface#
This example shows how to deploy a vault for Enzyme protocol
Multiple investors
Vault owner and asset manager is set to be a single private key
Vault does not have any safety features and can trade any assets; use only for trusted setups
Any strategy can only trade Enzyme whitelisted addresses; see
tradeexecutor.ethereum.cli.commands.enzyme_asset_list
Prerequisites#
To get started you need to have a
JSON-RPC node
A private key
Native token loaded up for gas fee
To generate a private key, you can see the instructions here.
Creating a vault#
You can create a vault by running trade-executor and giving it the configuration by environment variables.
Note
See Live strategy deployment on how to install and run trade-executor Docker image.
Example shell script:
# Pin down the Docker image version we are going to use instead of "v119"
# See versions here https://github.com/tradingstrategy-ai/trade-executor/pkgs/container/trade-executor
export TRADE_EXECUTOR_VERSION=v119 && export TRADE_EXECUTOR_IMAGE=ghcr.io/tradingstrategy-ai/trade-executor:${TRADE_EXECUTOR_VERSION}
# Run the command, pass private key and JSON-RPC node from environment variables
docker run \
--interactive \
--tty \
-v `pwd`:`pwd` \
-w `pwd` \
$TRADE_EXECUTOR_IMAGE \
-- \
enzyme-deploy-vault \
--private-key=$PRIVATE_KEY \
--vault-record-file="vault-info.json" \
--fund-name="Degen Fault I" \
--fund-symbol="DEGE1" \
--json-rpc-polygon=$JSON_RPC_POLYGON
This will give you the log output for the deployment:
2023-04-26 19:20:13 tradeexecutor.ethereum.web3config INFO Chain polygon connects using alien-black-thunder.matic.quiknode.pro
2023-04-26 19:20:14 tradeexecutor.ethereum.web3config TRADE Connected to chain: polygon, node provider: alien-black-thunder.matic.quiknode.pro, gas pricing method: london
2023-04-26 19:20:14 tradeexecutor.ethereum.web3config INFO Using proof-of-authority web3 middleware for chain 137
2023-04-26 19:20:14 root INFO Connected to chain polygon
2023-04-26 19:20:14 root INFO Chain id is 137
2023-04-26 19:20:14 root INFO Latest block is 41,991,567
2023-04-26 19:20:14 root INFO Balance details
2023-04-26 19:20:14 root INFO Hot wallet is 0x40d8368C6D1FfC90fe705B74C6F0F56E1d11092E
2023-04-26 19:20:14 root INFO We have 103.618645 tokens for gas left
2023-04-26 19:20:14 root INFO Enzyme details
2023-04-26 19:20:14 root INFO Integration manager deployed at 0x92fCdE09790671cf085864182B9670c77da0884B
2023-04-26 19:20:14 root INFO USDC is 0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174
2023-04-26 19:20:14 root INFO Deploying vault
2023-04-26 19:20:19 root INFO Deploying VaultSpecificGenericAdapter
2023-04-26 19:20:23 root INFO Vault details
2023-04-26 19:20:23 root INFO Vault at 0x6E321256BE0ABd2726A234E8dBFc4d3caf255AE0
2023-04-26 19:20:23 root INFO Comptroller at 0x0fC476e8050a9eDe4D24E2f01d8775249bDf310e
2023-04-26 19:20:23 root INFO GenericAdapter at 0x07f7eB451DfeeA0367965646660E85680800E352
2023-04-26 19:20:23 root INFO Deployment block number is 41991571
Note
It is very important that you keep the contents of the JSON file around, as otherwise you cannot interact with your vault later.
Registering the vault with Enzyme’s website#
After the vault has been deployed, you can visit enzyme.finance <https://enzyme.finance> and register your vault there, to make it publicly accessible.
Import your private key to a secure wallet e.g. TrustWallet on mobile
Sign in to Enzyme
Switch to correct network
The vault should automatically appear in left under “My vault”
Go to Vault Settings, choose Claim vault
Sign a message from your wallet for claiming the ownership
Now you can fill in the vault description on Enzyme’s website database
You can also deposit some USDC in the vault to get started trading
Set up live execution environment#
Create a trade-executor Docker instanace using docker-compose that will run the live trading.
You have set up an environment file for the vault live trading
You have set up a docker-compose configuration entry for your live trade executor, see strategy deploment for details
You will need to create
The final strategy module file
Public environment variables file
Secret environment variables file
Final environment variables file
docker-compose.yml entry
Example public environment variables entry:
#
# This is the public environment variables file for a trade executor.
# This is only partial configuration.
#
# For more information see the documentation https://tradingstrategy.ai/docs/
#
# This is a vault based strategy
ASSET_MANAGEMENT_MODE="enzyme"
#
# Strategy assets and metadata
#
STRATEGY_FILE=strategies/enzyme-polygon-eth-usdc.py
NAME="ETH-USD breakout on Uniswap v3"
DOMAIN_NAME="enzyme-polygon-eth-usdc.tradingstrategy.ai"
SHORT_DESCRIPTION="ETH/USDC breakout strategy"
LONG_DESCRIPTION="Take long only positions in ETH based on RSI and Bollinger bands indicators"
ICON_URL="https://user-images.githubusercontent.com/74208897/215499207-8d661ee9-cc75-4df6-84df-690e14c3d93c.png"
# Blockchain transaction broadcasting parameters
# Port 3456 is mapped to the public IP on the host using Caddy
HTTP_ENABLED=true
# The trigger mode for the decide_trades()
STRATEGY_CYCLE_TRIGGER="trading_pair_data_availability"
# Set parameters from Enzyme vault deployment
VAULT_ADDRESS=0x6E321256BE0ABd2726A234E8dBFc4d3caf255AE0
VAULT_ADAPTER_ADDRESS=0x07f7eB451DfeeA0367965646660E85680800E352
VAULT_PAYMENT_FORWARDER_ADDRESS=...
Remember to slice files together:
cat ~/strategies/env/enzyme-polygon-eth-usdc.env ~/secrets/enzyme-polygon-eth-usdc-secrets.env > ~/secrets/enzyme-polygon-eth-usdc-final.env
Example docker-compose.yml:
#
# Trading Strategy private beta strategies
#
# See https://tradingstrategy.ai/docs for more details
#
# Uses port range localhost:19003.. for trade executor webhooks
#
version: "3.9"
# The base template for trade-executor live trading
x-trade-executor: &default-trade-executor
image: ghcr.io/tradingstrategy-ai/trade-executor:${TRADE_EXECUTOR_VERSION}
restart: unless-stopped
mem_swappiness: 0
volumes:
# Map the path from where we load the strategy Python modules
- ./strategy:/usr/src/trade-executor/strategy
# Save the strategy execution state in the local filesystem
- ./state:/usr/src/trade-executor/state
# Cache the dataset downloads in the local filesystem
- ./cache:/usr/src/trade-executor/cache
# Save the log files to the local file system
- ./logs:/usr/src/trade-executor/logs
# This is the default trade-executor command to
# launch as a daemon mode.
# There are several subcommands.
command: start
services:
enzyme-polygon-eth-usdc:
<<: *default-trade-executor
container_name: enzyme-polygon-eth-usdc
ports:
- "127.0.0.1:19006:3456"
env_file:
# Generated by configurations/quickswap-momentum.sh
- ~/secrets/enzyme-polygon-eth-usdc-final.env
Run a backtest on the strategy module#
After the strategy module and Docker instance have been deployed, you can run the backtest on the live trade executor.
This will use the final Docker setup to run the backtest
This is to ensure your Python code works (no missing imports, etc.)
Example:
And you will get a report like:
Trading period length 359 days
Return % 57.96%
Annualised return % 58.87%
Cash at start $10,000.00
Value at end $15,796.42
Trade volume $948,224.62
Position win percent 48.48%
Total positions 66
Won positions 32
...
Avg realised risk -0.96%
Max pullback of total capital -6.47%
Max loss risk at opening of position 1.02%
Check wallet#
Check that your vault has deposits for test trade.
docker-compose run enzyme-polygon-eth-usdc check-wallet
The output should look like:
2023-05-11 17:27:11 root INFO Reading strategy strategy/enzyme-polygon-eth-usdc.py
2023-05-11 17:27:11 root INFO Strategy module strategy/enzyme-polygon-eth-usdc.py, engine version 0.1
2023-05-11 17:27:11 tradeexecutor.cli.bootstrap INFO Dataset cache is /usr/src/trade-executor/cache
2023-05-11 17:27:11 tradeexecutor.ethereum.web3config INFO Chain polygon connects using mihailo2.tradingstrategy.ai
2023-05-11 17:27:11 tradeexecutor.ethereum.web3config TRADE Connected to chain: polygon, node provider: mihailo2.tradingstrategy.ai, gas pricing method: london
2023-05-11 17:27:11 tradeexecutor.ethereum.web3config INFO Using proof-of-authority web3 middleware for chain 137
2023-05-11 17:27:11 tradeexecutor.utils.timer INFO Starting task create_trading_universe at 2023-05-11 17:27:11.395569, context is {}
2023-05-11 17:27:11 tradeexecutor.utils.timer INFO Starting task load_pair_data_for_single_exchange at 2023-05-11 17:27:11.395682, context is {'time_bucket': '1h'}
2023-05-11 17:27:11 tradeexecutor.strategy.trading_strategy_universe INFO Using cached data if available
2023-05-11 17:27:13 tradingstrategy.reader INFO Reading Parquet /usr/src/trade-executor/cache/pair-universe.parquet
2023-05-11 17:27:13 tradeexecutor.utils.timer INFO Ended task load_pair_data_for_single_exchange, took 0:00:01.938099
2023-05-11 17:27:13 tradeexecutor.utils.timer INFO Ended task create_trading_universe, took 0:00:01.944877
2023-05-11 17:27:13 root INFO RPC details
2023-05-11 17:27:13 root INFO Chain id is 137
2023-05-11 17:27:13 root INFO Latest block is 42,582,328
2023-05-11 17:27:13 root INFO Balance details
2023-05-11 17:27:13 root INFO Hot wallet is <eth_defi.hotwallet.HotWallet object at 0x7f5ba143f9d0>
2023-05-11 17:27:13 root INFO Vault address is 0x6E321256BE0ABd2726A234E8dBFc4d3caf255AE0
2023-05-11 17:27:13 root INFO We have 101.844157 tokens for gas left
2023-05-11 17:27:13 root INFO The gas error limit is 0.100000 tokens
2023-05-11 17:27:13 root INFO Reserve asset: USDC (0x2791bca1f2de4661ed88a30c99a7a9449aa84174)
2023-05-11 17:27:13 root INFO Balance of USD Coin (PoS) (0x2791Bca1f2de4661ED88A30C99A7a9449Aa84174): 4.950005 USDC
2023-05-11 17:27:13 tradeexecutor.strategy.runner INFO Setting up routing. Routing model is <tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing.UniswapV3SimpleRoutingModel object at 0x7f5ba04b0820>, details are {'tx_builder': <tradeexecutor.ethereum.enzyme.tx.EnzymeTransactionBuilder object at 0x7f5ba11c0790>}, universe is <TradingStrategyUniverse for WETH-USDC>
2023-05-11 17:27:13 root INFO Execution details
2023-05-11 17:27:13 root INFO Execution model is tradeexecutor.ethereum.uniswap_v3.uniswap_v3_execution.UniswapV3ExecutionModel
2023-05-11 17:27:13 root INFO Routing model is tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing.UniswapV3SimpleRoutingModel
2023-05-11 17:27:13 root INFO Token pricing model is tradeexecutor.ethereum.uniswap_v3.uniswap_v3_live_pricing.UniswapV3LivePricing
2023-05-11 17:27:13 root INFO Position valuation model is tradeexecutor.ethereum.uniswap_v3.uniswap_v3_valuation.UniswapV3PoolRevaluator
2023-05-11 17:27:13 root INFO Sync model is tradeexecutor.ethereum.enzyme.vault.EnzymeVaultSyncModel
2023-05-11 17:27:13 tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing INFO Routing details
2023-05-11 17:27:13 tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing INFO Factory: 0x1F98431c8aD98523631AE4a59f267346ea31F984
2023-05-11 17:27:13 tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing INFO Router: 0xE592427A0AEce92De3Edee1F18E0157C05861564
2023-05-11 17:27:13 tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing INFO Position Manager: 0xC36442b4a4522E871399CD717aBDD847Ab11FE88
2023-05-11 17:27:13 tradeexecutor.ethereum.uniswap_v3.uniswap_v3_routing INFO Quoter: 0xb27308f9F90D607463bb33eA1BeBb41C27CE5AB6
2023-05-11 17:27:13 tradeexecutor.ethereum.routing_model INFO Routed reserve asset is <USDC at 0x2791bca1f2de4661ed88a30c99a7a9449aa84174>
2023-05-11 17:27:13 root INFO All ok
Initialise vault#
This will create the state file for the strategy.
Create a new state file for the strategy
Record the vault deployment information in the state file
# Use the deployment block number earlier
docker-compose run enzyme-polygon-eth-usdc init -- --vault-deployment-block-number=41991571
Performing a test trade#
Performing a test trade is the final step before starting live trading.
First make sure
Your vault has deposits
Your hot wallet has native gas token for transaction fees
You can perform a test trade that checks that the trade routing works, opening and closing positions is possible. This command will buy and sell a single trading pair from the strategy, worth of 1 USD.
docker-compose run enzyme-polygon-eth-usdc perform-test-trade
The output looks something like:
2023-05-11 21:29:08 tradeexecutor.ethereum.execution INFO Waiting 1 trades to confirm, confirm block count 2, timeout 0:01:00
2023-05-11 21:29:08 eth_defi.confirmation INFO Waiting 2 transactions to confirm in 2 blocks, timeout is 0:01:00
2023-05-11 21:29:21 tradeexecutor.ethereum.execution INFO Resolved trade <Sell #2 0.000556383506855833 WETH at 1795.5241082637904, broadcasted>
2023-05-11 21:29:21 tradeexecutor.cli.testtrade INFO Final report
2023-05-11 21:29:21 tradeexecutor.cli.testtrade INFO Gas spent: 0.111114647238662268
2023-05-11 21:29:21 tradeexecutor.cli.testtrade INFO Trades done currently: 2
2023-05-11 21:29:21 tradeexecutor.cli.testtrade INFO Reserves currently: 4.949005 USDC
2023-05-11 21:29:21 tradeexecutor.cli.testtrade INFO Reserve currency spent: 0.001000000000000334 USDC
2023-05-11 21:29:21 tradeexecutor.state.store INFO Saved state to state/enzyme-polygon-eth-usdc.json, total 41620 chars
2023-05-11 21:29:21 root INFO All ok
Launch live trading#
Launch the trade executor in daemon mode:
docker-compose up -d enzyme-polygon-eth-usdc
Then you can follow the logs:
docker-compose logs -