Auctions Watch

channel  string required
Subscribed channel name

data  array of objects required

data[]. details  object or null required
Details of the auction, if ongoing.

data[].details. currency  string or null required
Currency of subaccount (for PM margin type).

data[].details. estimated_bid_price  string required
Estimated bid price for this liquidation. This value is not scaled by the bid percent, and instead represents the discounted mark value of the whole subaccount. This value will be negative for insolvent auctions.

data[].details. estimated_discount_pnl  string required
Estimated profit relative to estimated_mtm if the liquidation is successful, assuming execution at estimated_percent_bid and estimated_bid_price.

data[].details. estimated_mtm  string required
Estimated mark-to-market value of the subaccount being auctioned off. This value is not scaled by the bid percent, and instead represents the un-discounted mark value of the whole subaccount.

data[].details. estimated_percent_bid  string required
An estimate for the maximum percent of the subaccount that can be liquidated.

data[].details. last_seen_trade_id  integer required
Last trade ID for the account being auctioned off (to use in the private/liquidate endpoint). This value is used to ensure that the state of balances reported in subaccount_balances is in sync. A trade ID error from private/liquidate indicates that the channel is currently out of sync with the on-chain state of the subaccount due to a pending bid.

data[].details. margin_type  string required
Margin type of the subaccount being auctioned off. It is recommended to bid on subaccounts using the same margin type and currency as to not run into unsupported currency errors or maximum account size limits.
enum PM SM PM2

data[].details. min_cash_transfer  string required
Suggested minimum amount of cash to transfer to a newly created subaccount for bidding (to use in the private/liquidate endpoint). Any unused cash will get returned back to the original subaccount. If the bidder plans to bid less than the estimated_percent_bid, they may scale this value down accordingly.

data[].details. min_price_limit  string required
Estimated minimum price_limit (to use in the private/liquidate endpoint). This is the minimum amount of cash that would be required to buy out the percent of the subaccount. If the bidder plans to bid less than the estimated_percent_bid, they may scale this value down accordingly.

data[].details. subaccount_balances  object required
Current balances of the subaccount being auctioned off. The bidder should expect to receive a percentage of these balances proportional to the estimated_percent_bid, and pay estimated_bid_price * estimated_percent_bid for them. These balances already include any pending perp settlements and funding payments into the USDC balance.

data[]. state  string required
State of the auction.
enum ongoing ended

data[]. subaccount_id  integer required
Subaccount ID being auctioned off.

data[]. timestamp  integer required
Timestamp of the auction result (in milliseconds since epoch).