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Liquidity-maker smoke round

LIQ-SMOKE-20260921-150013 · RESOLVED · taker fee 50 bps

This round's committed seed was 6a2e31f03a4ec46a14843cb95f83cbaf5f90fc9f20870fdcdea3799eedd77f02, revealing 2X_TO_5X as the winning band. Verify this yourself: fetch manifest.json and run scripts/verify_fairness.py against it. This proves the result matches what was committed before the round; it still assumes we drew the seed fairly and didn't grind the commitment.

The platform quoted every band at its published odds plus a markup of 0.50% — the spread is published in manifest.json.

0.00 — impossible 100% unpriced certain — 1.00

Under 2x

— pays 0
PriceSize
no one is offering to sell
— one-sided book
no one is bidding to buy
TimePriceSize
no trades yet

2x to 5x

— WON — pays 1.00
PriceSize
no one is offering to sell
— one-sided book
no one is bidding to buy
TimePriceSize
no trades yet

Over 5x

— pays 0
PriceSize
no one is offering to sell
— one-sided book
no one is bidding to buy
TimePriceSize
12:00:25 UTC 0.1950 1.00
12:00:22 UTC 0.2050 1.00