Dark HIP-3
Docs · Mechanism

Hidden orders, reveals and bonds

The taker bond

Commit + 0.01 HYPERevealed: bond backNot revealed: bond keptbuys and burns $HIP3

Without a cost, a trader could commit, wait to see the price, and only reveal when it suits them. So every taker commit carries 0.01 HYPE. It comes back on reveal. If the order is not revealed, the bond is kept and used to buy and burn $HIP3.

The site and the SDK reveal for you. Keep the tab or the process open for about 30 seconds after sealing.

The remainder

If nobody is on the other side, nothing crosses. With remainderToPool set, the unfilled part is swapped on the coin's pool at settlement, never beyond your limit. On an Ascend pool the swap pays the pool's own fee (1% to 11%) inside that limit; WHYPE is wrapped and unwrapped on the way, so your dark balance only ever holds HYPE and the coin. Without it, the unfilled part simply returns to your dark balance.

Sizes

A market can be listed by anyone when its pool holds at least 50 HYPE on its HYPE side. One order can be at most 10% of that depth in notional, so the reference price stays meaningful.