Exponent CLMM Instructions

The CLMM instructions module enables vault managers and allocators to provide concentrated liquidity, trade PT and YT, and claim farm emissions on the Exponent CLMM. All interactions are executed as Squads sync transactions validated against onchain policies.

Transaction Structure

Every CLMM interaction goes through createVaultSyncTransaction, which returns three parts:

const { preInstructions, instruction, postInstructions, signers } =
  await createVaultSyncTransaction({
    instructions,   // Array of VaultInstruction descriptors
    owner,          // Vault PDA (the Squads smart account)
    connection,
    policyPda,      // Policy authorizing this execution
    vaultPda,       // Squads vault PDA
    signer,         // The allocator or manager wallet
    vaultAddress,   // ExponentStrategyVault PDA (auto-resolves hook accounts)
  });

// Send all three parts in order
const tx = new Transaction().add(...preInstructions, instruction, ...postInstructions);
await sendAndConfirmTransaction(connection, tx, [wallet, ...signers]);

Part	What it contains	Why it’s separate
`preInstructions`	Any permissionless setup instructions	Must be top-level instructions
`instruction`	Squads sync transaction wrapping all vault-signed instructions	Executes with the vault’s smart account as signer
`postInstructions`	Any post-operation instructions	Must be top-level instructions
`signers`	Additional signers (e.g., LP position keypair from `depositLiquidity`)	Must be included when signing the transaction

Deposit Liquidity

clmmAction.depositLiquidity creates a new LP position on the CLMM with a specified tick range. The LP position keypair is generated internally and returned in result.signers.

import {
  clmmAction,
  createVaultSyncTransaction,
} from "@exponent-labs/exponent-sdk";

const { preInstructions, instruction, postInstructions, signers } =
  await createVaultSyncTransaction({
    instructions: [
      clmmAction.depositLiquidity({
        market: new PublicKey("..."),      // CLMM MarketThree address
        ptInIntent: 1_000_000_000n,       // Maximum PT to deposit
        syInIntent: 1_000_000_000n,       // Maximum SY to deposit
        lowerTickKey: 500,                // Lower tick boundary (APY value)
        upperTickKey: 1500,               // Upper tick boundary (APY value)
      }),
    ],
    owner: vaultPda,
    connection,
    policyPda,
    vaultPda,
    signer: wallet.publicKey,
    vaultAddress,
  });

const tx = new Transaction().add(...preInstructions, instruction, ...postInstructions);
await sendAndConfirmTransaction(connection, tx, [wallet, ...signers]);

// signers[0] is the generated LP position keypair — save its public key
const lpPositionAddress = signers[0].publicKey;

Parameters

Parameter	Type	Description
`market`	`PublicKey`	The CLMM MarketThree account address
`ptInIntent`	`bigint`	Maximum amount of PT to deposit
`syInIntent`	`bigint`	Maximum amount of SY to deposit
`lowerTickKey`	`number`	Lower tick boundary (APY value)
`upperTickKey`	`number`	Upper tick boundary (APY value)

The LP position keypair is generated internally by the SDK. After calling createVaultSyncTransaction, the keypair is available in result.signers[0]. Save the public key to reference this position in future operations (add liquidity, withdraw, claim emissions).