— Batch / clearing auctions
One price. Settles everyone.
All bidders submit encrypted bids. The contract finds the uniform clearing price and matches all qualifying bids.
— No batch rounds yet
Settle every order at one fair clearing price.
During the round, bidders submit encrypted price + quantity. At close, the contract finds the single clearing price that maximizes filled volume. No order arrival advantage. No MEV sandwich. Same price for everyone.