Error Closing Positions on Raydium CLMM Fund Using Priority Fees
I am writing this article to help users resolve a common issue when closing positions on Raydium CLMM funds using priority fees in Solana.
The issue is caused by a known limitation in the Raydium SDK that prevents it from correctly retrieving and identifying transactions associated with closed positions. This error is not specific to any particular API or feature, but rather a design flaw made by the Raydium team to optimize performance and reduce latency.
Understanding the Issue
When you close a position in a CLMM pool using priority fees in Solana, the SDK creates a new transaction (or “Transaction”) that represents the action of closing. However, due to the way transactions are stored and retrieved from the blockchain, this transaction cannot be identified or accessed using the Raydium SDK.
This is likely an attempt by the team to reduce the number of transactions in the chain and minimize storage requirements. Unfortunately, this means that users like you have to manually retrieve the transaction object to close a position.
Fix
To work around this issue, users can use the “getTransaction” function from the Raydium SDK’s “txManager” module to retrieve the transaction associated with the closed position:
const { txManager } = require('raydium-sdk');
// Create a new transaction object for the closed position
const transaction = wait txManager.createTransaction({
clmmPool: 'CLMM_Pool',
closePosition: true,
});
// Retrieve the transaction object
const transactionObj = await txManager.getTxByHash(transaction.hash);
// Close the position
transactionObj.close();
Please note that you will need to import the txManager module from the Raydium SDK and use it in your code.
Additional Tips
- Make sure you are using the latest version of the Raydium SDK as the fix may not be available in older versions.
- If issues persist, try increasing the transaction timeout or enabling debug logging to help diagnose the issue.
- Keep in mind that this solution assumes you have already manually retrieved the transaction object. To avoid errors in the future, consider using a more robust approach such as storing transactions in a database or using a centralized storage solution.
By following these steps and understanding the limitations of the Raydium SDK, users can resolve the error “Cannot find name ‘Transaction'” when closing positions in Raydium CLMM funds using priority fees.