Reference

FAQ

Why can't I see the price I will pay?

Because you trade a discount, not a price. The price is set at the clear: P_SPCXx × (1 − d*), with the Pyth price read then. The order ticket shows what your discount means annualized, and for a buy, the most USDC it can cost.

Why is Seal and commit disabled?

The line under the button says why: the batch may be past its commit phase, your free balance may not cover the lock at reveal, your wallet may lack SOL for the bond, or the page may not be connected to the API or RPC.

What happens if I close the page after committing?

Nothing, as long as you are back with the same browser during the reveal phase. If you are not, the commit forfeits its bond. Export sealed orders to move them to another device.

Can I cancel a commit?

Not during the batch. Not revealing it withdraws it at the cost of the bond.

Can someone front-run my order?

Not from its contents: until you reveal it, only a hash is on chain. After reveal the book is public, but commits are closed and one discount clears everything. Nobody can add or change an order at that point; the only move left is not revealing one's own commit, which costs its bond.

Why did my order fill only partly?

It sat at the marginal tick, which is shared pro rata by size. See Clearing and d*.

Why does my wallet show a different number of SPACEX?

SPACEX uses the Scaled UI Amount extension. Wallets that ignore it show fewer tokens than you hold. Thaw shows shares. See Shares and raw units.

Why is the market closed?

There is no valid Pyth price right now: the price is stale or its confidence interval is too wide. The market page shows the reason.

Who runs the clear?

Anyone. Clearing and settling are permissionless instructions; Thaw's worker cranks them so you do not have to.