Deposits & Withdrawals

Deposits/withdrawals move tokens between your wallet token accounts and your Drift subaccount’s spot position.

Converting amounts and deriving the token account


// marketIndex 0 is commonly USDC
const marketIndex = 0;
const amount = driftClient.convertToSpotPrecision(marketIndex, 100); // 100 USDC (example)

Method DriftClient.convertToSpotPrecisionReference ↗

Parameters:

Name	Type	Default
`marketIndex`	`number`
`amount`	`any`

Returns:

BN


const marketIndex = 0;
const ata = await driftClient.getAssociatedTokenAccount(marketIndex);
console.log(ata.toBase58());

Method DriftClient.getAssociatedTokenAccountReference ↗

Parameters:

Name	Type	Default
`marketIndex`	`number`
`useNative`	`boolean`
`tokenProgram`	`PublicKey`
`authority`	`PublicKey`
`allowOwnerOffCurve`	`boolean`

Returns:

Promise<PublicKey>

Deposit


const marketIndex = 0;
const amount = driftClient.convertToSpotPrecision(marketIndex, 100);
const associatedTokenAccount = await driftClient.getAssociatedTokenAccount(marketIndex);
 
await driftClient.deposit(amount, marketIndex, associatedTokenAccount);

Method DriftClient.depositReference ↗

Parameters:

Name	Type	Default
`amount`	`any` to deposit
`marketIndex`	`number` spot market index to deposit into
`associatedTokenAccount`	`PublicKey` can be the wallet public key if using native sol
`subAccountId`	`number` subaccountId to deposit
`reduceOnly`	`boolean` if true, deposit must not increase account risk
`txParams`	`TxParams` transaction parameters
`initSwiftAccount`	`boolean` if true, initialize a swift account for the user
`overrides`	`{ authority?: PublicKey; }` allows overriding authority for the deposit transaction

Returns:

Promise<string>

Withdraw


const marketIndex = 0;
const amount = driftClient.convertToSpotPrecision(marketIndex, 100);
const associatedTokenAccount = await driftClient.getAssociatedTokenAccount(marketIndex);
 
await driftClient.withdraw(amount, marketIndex, associatedTokenAccount);

Method DriftClient.withdrawReference ↗

Parameters:

Name	Type	Default
`amount`	`any`
`marketIndex`	`number`
`associatedTokenAddress`	`PublicKey` the token account to withdraw to. can be the wallet public key if using native sol
`reduceOnly`	`boolean`
`subAccountId`	`number`
`txParams`	`TxParams`
`updateFuel`	`boolean`

Returns:

Promise<string>

Spot rates (borrow / lend)


import { SPOT_MARKET_RATE_PRECISION, calculateDepositRate, convertToNumber } from "@drift-labs/sdk";
 
const spotMarket = driftClient.getSpotMarketAccount(0);
const rate = calculateDepositRate(spotMarket);
console.log(convertToNumber(rate, SPOT_MARKET_RATE_PRECISION));

Function calculateDepositRateReference ↗

Parameters:

Name	Type	Default
`bank`	`SpotMarketAccount`
`delta`	`any`
`currentUtilization`	`any`

Returns:

BN


import { SPOT_MARKET_RATE_PRECISION, calculateBorrowRate, convertToNumber } from "@drift-labs/sdk";
 
const spotMarket = driftClient.getSpotMarketAccount(0);
const rate = calculateBorrowRate(spotMarket);
console.log(convertToNumber(rate, SPOT_MARKET_RATE_PRECISION));

Function calculateBorrowRateReference ↗

Parameters:

Name	Type	Default
`bank`	`SpotMarketAccount`
`delta`	`any`
`currentUtilization`	`any`

Returns:

BN


import { SPOT_MARKET_RATE_PRECISION } from "@drift-labs/sdk";

Variable SPOT_MARKET_RATE_PRECISIONReference ↗

TypeScript docs unavailable for SPOT_MARKET_RATE_PRECISION.