It is highly recommended to enter orders that reflect your true intentions towards the end to ensure a regret-free closure to your order. Any big changes by a participant in terms of price or quantity to affect price could expose one due to the randomized closing. During the period of randomized closing, the auction can close and end randomly anytime. A countdown clock indicates when randomized closing begins. Both sides can cancel their orders and add new orders updating their prices and quantities until randomized closing ends. ![]() ![]() Similarly, buyers will probably try to lower the match price. However, sellers will probably try to increase this price. Here is what you can expect from Dexalot Discovery… -Initially, sellers and buyers will likely populate the order book with limit orders, leading to a potential match price around the IDO price.
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