Artinals Protocol
  • Introduction
    • What is Artinals?
    • Overview of the Modules
    • Key Concepts and Terminology
  • Getting Started
    • Prerequisites
    • Cloning the Repository
    • Building and Testing the Modules
  • ART20
    • Overview and Capabilities
    • Data Structures
      • NFT
      • CollectionCap
      • UserBalance
      • TokenIdCounter
      • Dual IDs
    • Events
      • NFTMintedEvent
      • CollectionCreatedEvent
      • MetadataUpdateEvent
      • BurnEvent
      • TransferEvent
      • Additional Events
    • Functions and Entry Points
      • Initializing the Module
      • Creating Collections
      • Minting ART20 NFTs
      • Updating Metadata
      • Transfer and Burn Operations
      • Batch Operations
      • Deny List Mechanics and Authority
      • Custom Transfers
    • Value Sources (API, Oracle)
    • Best Practices & Examples
  • SALE Module
    • Purpose and Functionality
    • Interdependence
    • Price Index Module
    • Liquidity Module
    • Data Structures
      • NFTSale
      • NFTListing
  • Events
    • SaleCreated
    • NFTPurchased
    • PriceUpdateEvent
    • CurrencyWithdrawn
    • DenyList & Related Events
    • PoolCreatedEvent
    • OrderCanceled
    • OrderExecuted
  • Functions and Entry Points
    • Creating a Sale
    • Adding NFTs to a Sale
    • Purchasing NFTs from a Sale
    • Withdrawing Proceeds
    • Managing Sale State
    • Core Trading Functionality
  • Integrating with ART20
  • Examples & Best Practices
  • MARKET Module
    • Introduction
    • Testnet (Beta)
    • Smart Contract Overview
    • Data Structures
      • Trade Ledger (TradeLedger)
      • Trade Offer (TradeOffer)
      • Buy Offer (BuyOffer)
      • Ledger Registry (LedgerRegistry)
    • Event Structures
      • Offer Created (OfferCreated)
      • Offer Accepted (OfferAccepted)
      • Buy Offer Created (BuyOfferCreated)
      • Buy Offer Accepted (BuyOfferAccepted)
      • Batch Transactions
    • Event Emissions
    • Functions and Entry Points
      • Trade Ledger Management
      • Register Ledger
      • Get Trade Ledger
      • Create Sell Offer
      • Accept Sell Offer
      • Cancel Sell Offer
      • Create Buy Offer
      • Accept Buy Offer
      • Cancel Buy Offer
      • Batch Accept Sell Offers
      • Batch Accept Buy Offers
  • Security Mechanisms
  • TRADE Module
    • Introduction
    • Purpose and Ecosystem Role
    • Data Structures
      • TradingPool
      • LiquidityPosition
      • PriceOracle
      • CollectionPool
    • Events
      • PoolCreated
      • LiquidityAdded
      • LiquidityRemoved
      • TradeExecuted
      • PoolStatusChanged
      • PoolFeesUpdated
    • Functions and Entry Points
      • Creating and Managing Liquidity Pools
      • Adding/Removing Liquidity
      • Swapping NFTs and Tokens
      • Fee Mechanics and Distribution
      • Emergency Operations and Recovery
  • Working with Price Oracles
  • Metrics and Statistics (24h Volumes, TWAP, Price Impact)
  • Integration with SALE and ART20
  • Integration and Workflows
    • Typical User Journeys
      • Creating a Collection and Minting Tokens (ART20)
      • Listing and Selling NFTs (SALE)
      • Providing Liquidity and Trading NFTs (TRADE)
    • Example Scripts and Transactions
    • Interactions Between Modules
  • Security, Permissions, and Deny Lists
    • Introduction
    • Role of Deny List in ART20
    • Creator vs. Owner Permissions
    • Fee Distribution and Authority
    • Best Practices for Secure Deployment
  • Testing and Troubleshooting
    • Running Unit Tests
    • Common Issues and Solutions
    • Debugging and Emitting Debug Events
  • Advanced Topics
    • Value Sources (API Endpoints and Oracle Addresses)
    • Batch Update Operations
    • Customizing Parameters (Fees, Supply, Price Ranges)
    • Extensibility and Future Integrations
  • Appendices
    • Move Language and Sui Concepts
    • Glossary of Terms
    • Code Style and Conventions
  • Building on Top of the Artinals Contract
    • Overview
    • Package ID
    • Import Modules
    • Commom Integration Patterns
    • Best Practices
    • Common Errors and Solutions
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  1. TRADE Module
  2. Functions and Entry Points

Swapping NFTs and Tokens

swap_tokens_for_nfts_with_slippage<CURRENCY>(...) and swap_nfts_for_tokens_with_slippage<CURRENCY>(...) Purpose: Execute trades between NFTs and tokens within the pool, similar to token swaps on an AMM. Process:

  1. Verify the pool is active and ensure the trader is not on any deny list (via ART20 checks).

  2. Calculate output amounts and verify slippage limits are respected.

  3. Adjust pool reserves and transfer assets.

  4. Emit a TradeExecuted event.

Use Cases:

  • Traders can instantly buy or sell NFTs without waiting for a buyer or seller, relying on the pool’s liquidity.

  • Automated trading strategies or arbitrageurs can operate on these pools.

Best Practices:

  • Use strict slippage tolerances to avoid adverse price impacts.

  • Monitor TWAP and other price signals before executing large trades.

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Last updated 6 months ago