jingswap-cycle-agent
What it does
Monitors the active JingSwap cycle and evaluates whether the Pyth oracle settlement rate offers a favourable sBTC acquisition opportunity relative to live DEX prices.
| Data source | What it reads | Why it matters |
|---|---|---|
sbtc-stx-jing-v2 contract (Hiro read-only API) | Cycle ID, phase, blocks elapsed, deposits, minimums | Is the cycle in deposit phase? Is sBTC available? |
| Pyth Hermes oracle | BTC/USD and STX/USD live prices | Computes oracle STX/sBTC settlement rate |
get-dlmm-price (contract) | DLMM pool price (1e10 / raw) | Best DEX rate for comparison |
get-xyk-price (contract) | XYK pool price (raw / 1e8) | Secondary DEX rate cross-check |
JingSwap settles at the Pyth oracle rate, not the DEX rate. When oracle < DEX, depositing STX acquires sBTC cheaper than buying on-market — the arbitrage window. This skill quantifies that spread in real time.
Why agents need it
JingSwap's API (faktory-dao-backend.vercel.app) requires an x-api-key. This skill bypasses it entirely by reading the Stacks contract directly via the public Hiro read-only endpoint. No credentials needed.
The analyze command distils the cycle state + two price sources into a single action field — agents don't need to know the contract encoding or Pyth feed IDs.
Safety notes
- Read-only for
doctor,status,analyze— no wallet required. participate(without--dry-run) outputs aDEPOSIT_READYJSON payload — parent agent must confirm before callingjingswap_deposit_stx.- Mainnet only — JingSwap v2 contract is mainnet-only.
- Always uses live contract reads — never caches cycle state.
Commands
doctor
Checks Hiro contract API and Pyth Hermes connectivity.
bun run jingswap-cycle-agent/jingswap-cycle-agent.ts doctorOutput:
{
"result": "ready",
"checks": {
"hiro_contract_api": "ok",
"pyth_hermes_api": "ok"
},
"contract": "SPV9K21TBFAK4KNRJXF5DFP8N7W46G4V9RCJDC22.sbtc-stx-jing-v2"
}status
Fetches full cycle state + price snapshot.
bun run jingswap-cycle-agent/jingswap-cycle-agent.ts statusOutput:
{
"skill": "jingswap-cycle-agent",
"timestamp": "2026-03-29T15:22:18.792Z",
"contract": "SPV9K21TBFAK4KNRJXF5DFP8N7W46G4V9RCJDC22.sbtc-stx-jing-v2",
"cycle": {
"id": 9,
"phase": "deposit",
"blocks_elapsed": 191,
"sbtc_deposited": "0.01929494 sBTC",
"stx_deposited": "0.00 STX",
"min_stx_deposit": "1.00 STX",
"min_sbtc_deposit": "0.00001000 sBTC"
},
"prices": {
"btc_usd": "66488.42",
"stx_usd": "0.216440",
"oracle_stx_per_sbtc": "307191.64",
"dex_stx_per_sbtc_dlmm": "305922.66",
"dex_stx_per_sbtc_xyk": "305306.01",
"oracle_vs_dex_discount_pct": "-0.394"
},
"summary": "Cycle 9 in deposit phase. Oracle 0.39% MORE EXPENSIVE than DEX."
}analyze
Evaluates whether the current cycle offers a favourable entry.
bun run jingswap-cycle-agent/jingswap-cycle-agent.ts analyze
bun run jingswap-cycle-agent/jingswap-cycle-agent.ts analyze --min-discount 2.0Options:
--min-discount <pct>(default:1.0) — minimum oracle discount vs DEX to trigger PARTICIPATE
Output:
{
"skill": "jingswap-cycle-agent",
"timestamp": "2026-03-29T15:22:27.573Z",
"contract": "SPV9K21TBFAK4KNRJXF5DFP8N7W46G4V9RCJDC22.sbtc-stx-jing-v2",
"input": { "min_discount_pct": 1 },
"cycle": {
"id": 9,
"phase": "deposit",
"sbtc_available": "0.01929494 sBTC",
"stx_deposited": "0.00 STX"
},
"pricing": {
"oracle_stx_per_sbtc": "307148.46",
"dex_stx_per_sbtc": "305922.66",
"discount_pct": "-0.401"
},
"action": "MONITOR",
"confidence": "high",
"is_favourable": false,
"rationale": "Oracle rate (307148 STX/sBTC) is 0.40% MORE expensive than DEX (305923 STX/sBTC). Spread does not meet minimum discount threshold of 1%.",
"summary": "MONITOR (high confidence) — cycle 9 (deposit), oracle 0.40% premium vs DEX."
}participate
Evaluates opportunity and (if favourable) prepares deposit parameters for parent agent execution.
bun run jingswap-cycle-agent/jingswap-cycle-agent.ts participate --amount-stx 100
bun run jingswap-cycle-agent/jingswap-cycle-agent.ts participate --amount-stx 100 --min-discount 2.0 --dry-runOptions:
--amount-stx <amount>(required) — STX amount to deposit--min-discount <pct>(default:1.0) — minimum discount required to proceed--dry-run— analyse only, do not output execution payload
When favourable, outputs:
{
"skill": "jingswap-cycle-agent",
"action": "DEPOSIT_READY",
"deposit_params": {
"amount_stx": 100,
"amount_micro_stx": 100000000,
"market": "sbtc-stx",
"cycle": 9
},
"instruction": "Parent agent: call jingswap_deposit_stx with amount=100000000 and market=sbtc-stx to execute this deposit. Confirm before proceeding."
}Action values
| Action | Meaning |
|---|---|
PARTICIPATE | Oracle < DEX by ≥ min-discount — deposit STX to acquire sBTC below market |
MONITOR | Spread present but below threshold — watch and retry |
WAIT_FOR_DEPOSIT_PHASE | Cycle is in buffer or settle phase — deposits closed |
NO_SBTC_AVAILABLE | No sBTC deposited in current cycle — nothing to acquire |
Confidence:
high— discount ≥ 2% or clearly unfavourablemedium— discount 1–2%low— borderline
Technical notes
- Contract:
SPV9K21TBFAK4KNRJXF5DFP8N7W46G4V9RCJDC22.sbtc-stx-jing-v2(v2, current; v1 was on cycle 5) - DLMM price formula:
STX/sBTC = 1e10 / dlmmRaw(contract stores inverse ratio) - XYK price formula:
STX/sBTC = xykRaw / 1e8(contract stores direct ratio with 1e8 scale) - Oracle price: Pyth Hermes
BTC/USD ÷ STX/USD = STX/sBTC - No API key required for any data source
- All Hiro reads use sender
SP000000000000000000002Q6VF78(burn address, valid for read-only calls)
Output contract
All outputs are JSON to stdout.
Error:
{ "error": "descriptive message" }Origin
Winner of AIBTC x Bitflow Skills Pay the Bills competition. Original author: @teflonmusk Competition PR: https://github.com/BitflowFinance/bff-skills/pull/78