Guides

Bidder Guide

6min
letโ€™s bid in the auction and grab some options at a decent price! https //docs typus finance/bidder guide#zwg3p bids https //docs typus finance/bidder guide#zwg3p get your wallet & sui token ready get your wallet on sui blockchain ready ( stashed and sui wallet are highly recommended) make sure you have enough sui balance in your wallet (at least 1 sui) for a smooth bidding and gas fee cost if you are all set well, directly head to the bid options page and connect your wallet place bids select your market view and preferred auctions under the bidder guide as an example, i am bullish and i think the price of sui will go up next hour let's " enter " the hourly sui capped call (bid in sui) auction now! this is where you can place bids to win big in this case, you input 100 in the bid size column and click bid to send a transaction it means that you are about to long 100 sui with 0 5714 sui view settlement examples here https //docs typus finance/vault bidder option buyer the bid price is gradually decreasing from the initial price to the final price in modified dutch auction https //docs typus finance/modified dutch auction clearing price is determined by the final bid price that covers the full offer quantity if it's not fully covered, it will be the lowest price at delivery, and you will receive rebates from my rebate section at the portfolio page the options position will be shown on bid section at the portfolio page as well please note that the options you bid on will not be settled until the expiry date user can set auto bid strategies as well