feat(bots): add monitored market making and offer invalidation by julien-devatom · Pull Request #114 · morpho-org/morpho-bots

julien-devatom · 2026-07-30T12:40:22Z

Summary

add fail-loud monitored setup checks and monitored market bootstrap with safe verbose diagnostics, submitted transaction hashes, and owned-offer cleanup on shutdown
add production ladder reconciliation with fresh inventory, reference-rate, and capacity reads; nearest-rung funding; a 101 USDC floor; correct reduce-only lower and lend-side higher offers; durable ownership; transaction validation; signing and broadcast; replacement; and cleanup
make ladder read-only mode exercise the same tree construction, spread guard, and unsigned Mempool validation as live publication
harden local signing, pending-aware nonce allocation, fresh group IDs, cleanup against current on-chain consumption, cross-strategy cash-reservation accounting, bounded monitor timers, independent transaction-confirmation deadlines, and durable retirement of confirmed canceled groups
add invalidate [group-id]: invalidate every active maker group by default or one explicit group, with exact transaction policy checks, receipt confirmation, partial-failure reporting, durable cleanup, and read-only preview
document every supported environment variable and every BOOTSTRAP_MARKETS and LADDER_MARKETS field, including units, defaults, constraints, and ladder-side semantics

Operator commands

bun run start -- setup-check --monitor
bun run start -- bootstrap --monitor --verbose
bun run start -- ladder --monitor --verbose
bun run start -- invalidate
bun run start -- invalidate 0x<64-hex-group-id>

Add --readonly to bootstrap, ladder, or invalidate to inspect and validate the intended action without signing or broadcasting.

Verification

Node.js 24.14.1 and pinned Bun 1.3.12
bun install --frozen-lockfile
bun run --filter @morpho-org/market-making-bot typecheck
bun lint — 0 warnings, 0 errors across 332 files
bun format
bun knip
bun run --filter @morpho-org/market-making-bot jsdoc:build — 320 declarations, including the checker and ladder signature utility
bun test --dots — 1,309 passed, 3 skipped, 0 failed, 7,304 assertions across 121 files
anti-vacuity verification: deliberately broke the read-only ladder validation assertion and the confirmed invalidation transaction-hash assertion, observed both focused tests fail, restored them, and reran green
live read-only ladder recenter exercised the exact tree, Mempool, and spread validation path without signing or broadcasting
live read-only ladder inspection encoded the lower reduce-only offer near 4.02% APR and the higher lend offer near 4.53% APR; neither encoded 0%
live read-only invalidation inspection covered both all-groups discovery and direct group targeting without signing or broadcasting

julien-devatom · 2026-07-30T12:40:38Z

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julien-devatom · 2026-07-30T13:06:04Z

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julien-devatom · 2026-07-30T14:03:52Z

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morpho-bots/bots/market-making/scripts/check-jsdoc.ts

Line 222 in 73a7389

    
           export const inspectJSDocSource = (file: string, source: string): JSDocInspection => {

Document the exported JSDoc inspection helper

This exported helper is part of the script's TypeScript surface (the tests import it), but it has no substantive JSDoc and the checker does not include scripts/check-jsdoc.ts in its own enforced inventory. That lets the new documentation gate pass while one of its own exported APIs violates the repository’s public-surface documentation rule; add JSDoc for this helper and include the script in the inventory.

AGENTS.md reference: AGENTS.md:L32-L36

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julien-devatom · 2026-07-30T14:44:47Z

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julien-devatom · 2026-07-30T14:56:26Z

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morpho-bots/bots/market-making/src/infrastructure/make/read-only-ladder-make.service.ts

Lines 37 to 39 in de82ee9

    
           async reconcile(parameters: Parameters<LadderMakeService['reconcile']>[0]) { 
        
             this.write(formatReadOnlyMakeEvent('ladder', 'reconcile', parameters)) 
        
             return 'logged' as const

Validate ladder dry-runs before logging them

When an operator uses ladder --readonly or its monitor as a preflight, this adapter logs every reconcile request without invoking the production tree builder, spread guard, or unsigned Mempool validation. Live publication still performs those checks, so cases such as a market that matures after the initial setup gate or an SDK/Mempool policy rejection are reported as logged in dry-run but halt in write mode; add a validation seam like bootstrap read-only uses before emitting the readonly.make record.

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julien-devatom · 2026-07-30T15:28:32Z

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prd-carapulse · 2026-08-02T19:01:50Z

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Treat durable bootstrap and ladder publications as pending active state until the Morpho API indexes them, preventing duplicate monitor publications.

prd-carapulse · 2026-08-02T19:30:44Z

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prd-carapulse · 2026-08-02T19:40:14Z

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prd-carapulse · 2026-08-02T20:03:36Z

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prd-carapulse · 2026-08-02T20:42:50Z

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chatgpt-codex-connector · 2026-08-02T20:56:21Z

Codex Review: Didn't find any major issues. Already looking forward to the next diff.

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julien-devatom added 3 commits July 30, 2026 12:00

feat(bots): add monitored market-making workflows

d6ddbde

feat(bots): add verbose bootstrap diagnostics

467b6f3

feat(bots): add monitored ladder market making

43a33a7

chatgpt-codex-connector Bot reviewed Jul 30, 2026

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fix(bots): address market-making review findings

3abf2e3

chatgpt-codex-connector Bot reviewed Jul 30, 2026

View reviewed changes

Comment thread bots/market-making/src/infrastructure/ladder/ladder-offer.utils.ts Outdated

Comment thread bots/market-making/src/infrastructure/ladder/ladder-group-ownership.utils.ts Outdated

Comment thread bots/market-making/src/application/ladder/ladder-market-maker.service.ts Outdated

fix(bots): correct ladder sides and monitoring accounting

73a7389

chatgpt-codex-connector Bot reviewed Jul 30, 2026

View reviewed changes

Comment thread bots/market-making/src/infrastructure/bootstrap/production-bootstrap.ts

Comment thread bots/market-making/src/application/ladder/ladder-market-maker.service.ts

Comment thread bots/market-making/src/infrastructure/bootstrap/production-bootstrap.ts Outdated

julien-devatom added 2 commits July 30, 2026 16:24

fix(bots): harden ladder signing and cleanup

f7d3abd

feat(bots): add explicit offer invalidation

90fbf3a

julien-devatom changed the title ~~feat(bots): add monitored market bootstrap and ladder~~ feat(bots): add monitored market making and offer invalidation Jul 30, 2026

fix(bots): address final market-making review findings

de82ee9

chatgpt-codex-connector Bot reviewed Jul 30, 2026

View reviewed changes

Comment thread bots/market-making/src/application/invalidation/offer-invalidation.service.ts Outdated

Comment thread bots/market-making/src/infrastructure/bootstrap/bootstrap-make.service.ts

Comment thread bots/market-making/typedoc.json

julien-devatom added 2 commits July 30, 2026 17:21

fix(bots): validate read-only ladder publications

ecc63a3

fix(bots): address cleanup and documentation review

5c04212

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Comment thread bots/market-making/src/infrastructure/bootstrap/bootstrap-make.service.ts Outdated

Comment thread bots/market-making/src/infrastructure/ladder/ladder-make.service.ts Outdated

prd-carapulse Bot added 2 commits August 2, 2026 18:46

fix(bots): retain confirmed cancellations on cleanup failure

e4a4ed4

fix(bots): filter bootstrap market group set

40fa765

chatgpt-codex-connector Bot reviewed Aug 2, 2026

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Comment thread bots/market-making/src/infrastructure/ladder/production-ladder.ts Outdated

Comment thread bots/market-making/src/application/bootstrap/position-bootstrap.service.ts

fix(bots): prevent republish before offer indexing

ed2b533

Treat durable bootstrap and ladder publications as pending active state until the Morpho API indexes them, preventing duplicate monitor publications.

fix(bots): keep pending offer type internal

d04862a

chatgpt-codex-connector Bot reviewed Aug 2, 2026

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fix(market-making): reserve pending offer groups

ef3ef12

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Comment thread bots/market-making/src/application/ladder/ladder-market-maker.service.ts

Comment thread bots/market-making/typedoc.json

fix(market-making): address Codex review feedback

c030ecb

	async reconcile(parameters: Parameters<LadderMakeService['reconcile']>[0]) {
	this.write(formatReadOnlyMakeEvent('ladder', 'reconcile', parameters))
	return 'logged' as const

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Summary

Operator commands

Verification

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