Credence
Testnet
EN

Auctions

Every liquidation clears in a batch at one uniform price, so being fastest earns nothing. At the reopen, bids are sealed with commit and reveal.

Next reopen auction

REOPEN
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Lots announced
At the open +2:00, after the queue closes
Sealed bids

Commit a sealed bid

Bids are hidden until reveal, and every winner pays the same clearing price. Your bond is 10% of the maximum you might spend.

Quantity
Price
Max spend
$0.00
Bond now
$0.00
Lot
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Reserve price
97% of the open
Reveal window
Reopen +5:00 → +7:00
If you don't reveal
The bond goes to the Underwriter Pool

No lot is open for sealed bids. Lots are fixed at the open +2:00 after a closure, if any loan is under water.

Reveal your bid

Reveal the quantity, price and salt you committed, and escrow full payment. Unfilled amounts and bonds are returned at settlement.

Bid to reveal
None
Pay now
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Next reopen
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No committed bid from this device is in its reveal window.

Recent auctions

No auction has run yet. A lot appears here when a loan falls under water at a reopen or during the day.

Your bids

Bids you place from this device are listed here, with the salt needed to reveal sealed ones.