Transparency
Don't trust.
Verify.
Every rule of the auction is enforced by our Solana program, not by this website. Every address below is public: open it on Solscan and check the balances, the transactions and the code owner yourself.
- Current auction bids
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- Treasury
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- $AUCTION burn vault
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Final bids committed in this auction
USDC received from settled auctions and fees
Can only buy and burn $AUCTION
Program
Money
Treasury (USDC)
Receives every settled bid and 50% of fees.
53ycbz4zAhWAx5U7UvmeyufbST6GYXddUGQCCKuAP5TCSolscanTreasury owner
Wallet that owns the treasury account.
49edU81N5ceZmYXY9Y8mmhmdSzzYR9y37EqNWjsVjmBDSolscanBurn vault (USDC)
Receives 50% of every 1% fee. No withdraw function exists.
GB4YPP8mWtL8vRjHapAGGCN4aFX3ikLZNUQhQ4kn23YvSolscanUSDC mint
Circle USDC.
EPjFWdd5AufqSSqeM2qN1xzybapC8G4wEGGkZwyTDt1vSolscan$AUCTION token
Fixed supply, mint and freeze authority revoked.
5dqR8LEtu944ak1XLkB61HpysbVti9CUAN6Qy8RPpumpSolscan
Roles
Operator
Opens the hourly auctions and funds the 1 SOL prize. Cannot touch bids.
4WQ1DkDjSAA6DE8iPTGWbcXMN1Ny9jSBfHJaetEMmNYESolscanGuardian
Emergency pause only, at most 24 h per auction; after that anyone can resume.
9Xt5hRmfGQX97pUmfg7j3vuAHRf1eYxAvGCd39aA8K5uSolscanKeeper
Executes buy & burn. Capped per burn and bound to a price floor.
BLSX6CY1qxcsc3QRWM8Zs9jLYWpHbRBhbRGufScFGxCkSolscanAdmin
Changes fee (max 10%), roles and treasury. Two-step handover.
FoYw7SDUEQCoiHh2NndqhWsy44KUwdyEvRykTRGMYuuDSolscanUpgrade authority
Can deploy new program code.
FoYw7SDUEQCoiHh2NndqhWsy44KUwdyEvRykTRGMYuuDSolscan
What the program guarantees
- Only the highest bidder can receive the prize.
- Settlement is permissionless: anyone can trigger it once the clock runs out.
- Nobody, including us, can edit a bid, pick a winner or move escrow.
- Burn vault USDC can only leave inside a buy-and-burn transaction.
- A pause can never freeze funds for more than 24 hours.
What you still trust us with
- The upgrade authority is currently a single key. We plan to move it to a multisig.
- The operator funds each prize; if it runs out of SOL, no new auction opens.
- Team wallets could bid like anyone else.
Rules in plain words: How it works · $AUCTION