Built for verifiable settlement
Onchain enforcement for bids, collateral, clearing prices, and rebate distribution.
01
Signed Bid Limits
Searchers authorize a maximum charge with EIP-712 signatures.
02
Bond Enforcement
Winning bids can only settle against sufficient onchain collateral.
03
Automatic Distribution
Clearing proceeds are split into claimable user, app, and protocol balances.
From winning bid to onchain settlement
Every settlement is validated against the searcher’s signature, collateral, and clearing price before balances are updated.
[.MD]
winning bid ↓ verify EIP-712 signature ↓ check searcher bond ↓ validate clearing price ↓ debit collateral ↓ credit rebates ↓ settled onchain