Auction house
English ascending auctions — highest bid wins, with a reserve and anti-snipe overtime. Bids escrow in the wrapped token; the winner and seller get 80% of the fee back as a rebate at settlement.
The auction house is live
English auctions with soft-close anti-snipe — and winner + seller each get 40% of the fee back. Be the first: start one from the “Start an auction” panel on any NFT you own.
Three auction types (Live ships first)
Launch
Live auction
Scheduled start, soft-close anti-snipe, live bid log. Highest bid at the deadline wins.
Next
Reserve auction
Same mechanics plus a hidden reserve (kept on-chain as a hash), revealed when a bid meets it.
Later
Sealed bids
Commit-reveal blind auction for high-value pieces — nobody sees bids until the reveal phase.