AMM v4 code demos

Version banner. All demos target @raydium-io/raydium-sdk-v2@0.2.42-alpha against Solana mainnet-beta, verified 2026-04. Program ID: 675kPX9MHTjS2zt1qfr1NYHuzeLXfQM9H24wFSUt1Mp8 (see reference/program-addresses).

New-pool creation is not shown here. The Raydium UI no longer offers AMM v4 pool creation — new pairs default to CPMM. The AMM v4 program itself still accepts Initialize2 on-chain; it just isn’t the recommended path. The demos below cover the live-pool operations every integrator still needs: swap, deposit, withdraw.

Setup

import { Connection, Keypair, clusterApiUrl } from "@solana/web3.js";
import { Raydium, TxVersion } from "@raydium-io/raydium-sdk-v2";
import fs from "node:fs";

const connection = new Connection(process.env.RPC_URL ?? clusterApiUrl("mainnet-beta"));
const owner = Keypair.fromSecretKey(
  new Uint8Array(JSON.parse(fs.readFileSync(process.env.KEYPAIR!, "utf8"))),
);
const raydium = await Raydium.load({ owner, connection, cluster: "mainnet" });

Fetch a pool by id

import { PublicKey } from "@solana/web3.js";

const poolId = new PublicKey("<AMM_V4_POOL_ID>");

// Pull the SDK-normalized pool object. For AMM v4 this includes the OpenBook
// accounts the instruction builders will need.
const data = await raydium.liquidity.getPoolInfoFromRpc({ poolId });
const { poolInfo, poolKeys, poolRpcData } = data;

console.log("Pair:", poolInfo.mintA.symbol, "/", poolInfo.mintB.symbol);
console.log("Version:", poolInfo.version);       // 4 for AMM v4
console.log("Market:", poolKeys.marketId.toBase58());

poolKeys is the struct the instruction builders consume. It carries every AMM v4 and OpenBook account in the order the program expects.

Swap (base-in)

import BN from "bn.js";

const amountIn = new BN(1_000_000);            // 1 USDC (6-decimal quote)
const inputMint = new PublicKey(poolInfo.mintB.address);  // USDC
const slippage  = 0.005;

const computed = raydium.liquidity.computeAmountOut({
  poolInfo,
  amountIn,
  mintIn: inputMint,
  mintOut: new PublicKey(poolInfo.mintA.address),
  slippage,
});

const { execute } = await raydium.liquidity.swap({
  poolInfo,
  poolKeys,
  amountIn,
  amountOut: computed.minAmountOut,
  fixedSide: "in",
  inputMint,
  txVersion: TxVersion.V0,
});

const { txId } = await execute({ sendAndConfirm: true });
console.log("Swap tx:", txId);

The SDK adds every OpenBook account automatically. Do not try to substitute them by hand — the program validates every slot.

Swap (base-out)

const amountOut = new BN(1_000_000_000);       // 1 SOL (9-decimal base)
const slippage  = 0.005;

const computed = raydium.liquidity.computeAmountIn({
  poolInfo,
  amountOut,
  mintOut: new PublicKey(poolInfo.mintA.address),
  mintIn: new PublicKey(poolInfo.mintB.address),
  slippage,
});

const { execute } = await raydium.liquidity.swap({
  poolInfo,
  poolKeys,
  amountIn: computed.maxAmountIn,
  amountOut,
  fixedSide: "out",
  inputMint: new PublicKey(poolInfo.mintB.address),
  txVersion: TxVersion.V0,
});

await execute({ sendAndConfirm: true });

Add liquidity

const amountA = new BN(100_000_000);           // 0.1 SOL

const { anotherAmount, maxAnotherAmount } = raydium.liquidity.computePairAmount({
  poolInfo,
  amount: amountA,
  baseIn: true,
  slippage: 0.01,
});

const { execute } = await raydium.liquidity.addLiquidity({
  poolInfo,
  poolKeys,
  amountInA: amountA,
  amountInB: maxAnotherAmount,
  fixedSide: "a",
  txVersion: TxVersion.V0,
});

await execute({ sendAndConfirm: true });

fixedSide: "a" tells the SDK you supplied the exact amountInA and that amountInB should be at-most maxAnotherAmount. The pool’s on-book liquidity is settled before the pro-rata math so the deposit ratio matches the freshest reserves.

Remove liquidity

const lpAmount = new BN(50_000);               // LP to burn

const { execute } = await raydium.liquidity.removeLiquidity({
  poolInfo,
  poolKeys,
  lpAmount,
  baseAmountMin: new BN(0),
  quoteAmountMin: new BN(0),
  txVersion: TxVersion.V0,
});

await execute({ sendAndConfirm: true });

Slippage mins protect against the pool’s state shifting between your pre-quote and the land time.

Compute-unit / priority fee tuning

AMM v4 swaps are heavy on compute because every instruction validates the full OpenBook state. A typical swap uses 180k–250k CU depending on how many open orders need settling on the way through. Always pass a compute-unit limit:

import { ComputeBudgetProgram } from "@solana/web3.js";

const { execute, innerTransactions } = await raydium.liquidity.swap({
  /* ...params... */
  computeBudgetConfig: {
    units: 400_000,
    microLamports: 50_000,       // priority fee
  },
});

If you omit computeBudgetConfig, the SDK may still use its own default; inspect innerTransactions to confirm. See integration-guides/priority-fee-tuning.

Direct Rust CPI

If you must CPI into AMM v4 from your own Anchor program, you will need to model SwapBaseIn’s account list verbatim. A minimal sketch:

use anchor_lang::prelude::*;
use anchor_lang::solana_program::program::invoke_signed;
use anchor_lang::solana_program::instruction::Instruction;

const AMM_V4_PROGRAM_ID: Pubkey = pubkey!("675kPX9MHTjS2zt1qfr1NYHuzeLXfQM9H24wFSUt1Mp8");

#[derive(Accounts)]
pub struct ProxyAmmV4Swap<'info> {
    /// CHECK:
    pub token_program: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub amm:          UncheckedAccount<'info>,
    /// CHECK:
    pub amm_authority: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub amm_open_orders: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub amm_target_orders: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub pool_coin_token_account: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub pool_pc_token_account: UncheckedAccount<'info>,
    /// CHECK:
    pub market_program: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub market: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub market_bids: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub market_asks: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub market_event_queue: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub market_coin_vault: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub market_pc_vault: UncheckedAccount<'info>,
    /// CHECK:
    pub market_vault_signer: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub user_source: UncheckedAccount<'info>,
    #[account(mut)] /// CHECK:
    pub user_dest: UncheckedAccount<'info>,
    pub user_owner: Signer<'info>,
}

pub fn proxy_swap(
    ctx: Context<ProxyAmmV4Swap>,
    amount_in: u64,
    minimum_amount_out: u64,
) -> Result<()> {
    // Instruction discriminator for SwapBaseIn is 9 on AMM v4.
    let mut data = vec![9u8];
    data.extend_from_slice(&amount_in.to_le_bytes());
    data.extend_from_slice(&minimum_amount_out.to_le_bytes());

    let ix = Instruction {
        program_id: AMM_V4_PROGRAM_ID,
        accounts: vec![
            AccountMeta::new_readonly(ctx.accounts.token_program.key(), false),
            AccountMeta::new(ctx.accounts.amm.key(), false),
            AccountMeta::new_readonly(ctx.accounts.amm_authority.key(), false),
            AccountMeta::new(ctx.accounts.amm_open_orders.key(), false),
            AccountMeta::new(ctx.accounts.amm_target_orders.key(), false),
            AccountMeta::new(ctx.accounts.pool_coin_token_account.key(), false),
            AccountMeta::new(ctx.accounts.pool_pc_token_account.key(), false),
            AccountMeta::new_readonly(ctx.accounts.market_program.key(), false),
            AccountMeta::new(ctx.accounts.market.key(), false),
            AccountMeta::new(ctx.accounts.market_bids.key(), false),
            AccountMeta::new(ctx.accounts.market_asks.key(), false),
            AccountMeta::new(ctx.accounts.market_event_queue.key(), false),
            AccountMeta::new(ctx.accounts.market_coin_vault.key(), false),
            AccountMeta::new(ctx.accounts.market_pc_vault.key(), false),
            AccountMeta::new_readonly(ctx.accounts.market_vault_signer.key(), false),
            AccountMeta::new(ctx.accounts.user_source.key(), false),
            AccountMeta::new(ctx.accounts.user_dest.key(), false),
            AccountMeta::new_readonly(ctx.accounts.user_owner.key(), true),
        ],
        data,
    };
    invoke_signed(&ix, &ctx.accounts.to_account_infos(), &[])?;
    Ok(())
}

AMM v4 does not ship an Anchor crate for CPI. The sketch above uses a manually-constructed Instruction.

Pitfalls

Missing an OpenBook account. All 8 OpenBook-side accounts are required on every swap, deposit, and withdraw; the SDK handles this, hand-built instructions often do not.
Reading raw vault balances. Does not reflect on-book-escrowed amounts or accrued PnL. Use the SDK’s quote or api-v3.raydium.io/pools/info/ids.
OpenBook event queue full. A pool may revert swaps with SerumOrderError when its market’s event queue needs cranking. Cranking is permissionless (MonitorStep on the market’s OpenBook accounts).
Token-2022 mints. Not supported. An AMM v4 pool cannot be created against a Token-2022 mint; any Token-2022 pair should be on CPMM or CLMM.

Where to go next

products/amm-v4/instructions — the instruction-level surface behind these demos.
user-flows/migrate-amm-v4-to-cpmm — if you are an LP considering migration.
integration-guides/priority-fee-tuning — priority-fee sizing for heavy AMM v4 swaps.

Sources:

Products

Algorithms

Setup

Fetch a pool by id

Swap (base-in)

Swap (base-out)

Add liquidity

Remove liquidity

Compute-unit / priority fee tuning

Direct Rust CPI

Pitfalls

Where to go next

Products

Algorithms

Documentation Index

​Setup

​Fetch a pool by id

​Swap (base-in)

​Swap (base-out)

​Add liquidity

​Remove liquidity

​Compute-unit / priority fee tuning

​Direct Rust CPI

​Pitfalls

​Where to go next

Setup

Fetch a pool by id

Swap (base-in)

Swap (base-out)

Add liquidity

Remove liquidity

Compute-unit / priority fee tuning

Direct Rust CPI

Pitfalls

Where to go next