How to

Read your fills

After a batch clears, a crank settles every revealed order. Your results appear under Orders on the Account page.

The order table

Column Meaning
Status Sealed until revealed, then Revealed, then Claimed once settled, or Forfeited if it was never revealed
Side, Discount, Size what you revealed
Filled shares received (buy) or delivered (sell)
USDC paid (buy, −) or received (sell, +)
Cleared at the batch's d*

A fill can be:

  • full, when your discount was better than the batch's marginal tick;
  • partial, when your order sat at the marginal tick and shared it pro rata;
  • zero, when your limit did not cross d*, or when the batch was cancelled.

A buyer pays the clearing price, not its worst case: whatever the lock held beyond the payment is free again after settlement.

The batch page

Every batch has a page with its revealed book, the D(k) and S(k) curves, d*, the matched size, the price per share and the Pyth price used. The page recomputes the clear in your browser and shows whether it matches what the program stored.