Asset liquidity

Asset liquidity is the amount of value, denominated in a given asset, that Rafiki has available to handle cross-currency (foreign exchange) transactions between you and your peer. Whenever an outgoing payment/incoming payment is in a different asset than the peering relationship, the liquidity of asset accounts will change depending on the FX direction.

You should deposit and withdraw liquidity as necessary, based on your risk tolerance. Rafiki will fail any transaction that would cause an asset’s liquidity to fall below zero.

For more information about how Rafiki handles liquidity, see the Accounting concepts page and the low asset liquidity section of the webhook events page.

Manage asset liquidity using Rafiki Admin

You can deposit and withdraw asset liquidity through the Rafiki Admin application’s Assets screen.

Manage asset liquidity using the Backend Admin API

Idempotency key

You must provide an idempotencyKey when calling any mutations related to liquidity. This unique key ensures duplicate or retried requests are processed only once. For more information, see the Idempotency section in the GraphQL Admin APIs page.

Deposit asset liquidity

Operation

mutation DepositAssetLiquidity($input: DepositAssetLiquidityInput!) {
  depositAssetLiquidity(input: $input) {
    assetId
    amount
    id
    idempotencyKey
    success
  }
}

Arguments

{
  "input": {
    "assetId": "7b8b0f65-896d-4403-b7ba-2e24bf20eb35",
    "amount": "100",
    "id": "b97fd85a-126e-42ef-b40d-1a50a70ffa6f",
    "idempotencyKey": "b97fd85a-126e-42ef-b40d-1a50a70ffa6f",
  }
}

For more information about this mutation’s input object, see DepositAssetLiquidityInput.

Response

When an asset liquidity deposit is successful, DepositAssetLiquidity returns true.

{
  data: {
    success: true
  }
}

Withdraw asset liquidity

Operation

mutation CreateAssetLiquidityWithdrawal($input: CreateAssetLiquidityWithdrawalInput!) {
  createAssetLiquidityWithdrawal(input: $input) {
    success
  }
}

Arguments

{
  "input": {
    "id": "b97fd85a-126e-42ef-b40d-1a50a70ffa6f",
    "assetId": "7b8b0f65-896d-4403-b7ba-2e24bf20eb35",
    "amount": "100",
    "idempotencyKey": "b97fd85a-126e-42ef-b40d-1a50a70ffa6f",
    "timeoutSeconds": 0
  }
}

For more information about this mutation’s input object, see CreateAssetLiquidityWithdrawalInput.

Response

When an asset liquidity withdrawal is successful, CreateAssetLiquidityWithdrawal returns true.

 {
  data: {
    success: true
  }
}