Understanding Your Bid Status
After placing a bid, its status depends on the relationship between your max price and the auction's current clearing price. Here is what each status means.
In-Range
Your bid is in-range when your max price is greater than or equal to the current clearing price.
- Your bid is actively participating in the auction
- Your committed funds are locked -- you cannot withdraw while in-range
- You are expected to receive tokens when the auction settles
In-range bids cannot be withdrawn. This is a core CCA rule that prevents strategic bid manipulation. Only commit funds you are comfortable locking for the auction duration.
Out-of-Range
Your bid is out-of-range when your max price is below the current clearing price.
- Your bid is not currently active in the auction
- You can withdraw your funds at any time
- If the clearing price drops below your max price (due to other withdrawals), your bid automatically becomes in-range again
Partially Filled
A bid is partially filled when it sits exactly at the clearing price boundary and there is more demand than supply at that price level.
- You receive a pro-rata share of the available tokens at your price level
- The rest of your committed funds are returned as a refund upon settlement
- This happens when multiple bids share the same max price and total demand exceeds supply
Fully Filled
A bid is fully filled when your entire bid amount is used to purchase tokens at the clearing price.
- Your full budget is allocated to buying tokens
- Tokens received = Bid amount / Clearing price
- This is the most common outcome for bids well above the clearing price
Checking Your Bids
To review all your bids:
- Connect your wallet
- Navigate to the Portfolio page from the top navigation
- Each bid displays its auction, max price, amount committed, current status, and fill percentage
The Portfolio page updates as clearing prices change, so your bid status may shift between in-range and out-of-range during an active auction. After an auction settles, your final fill amount is locked in and you can proceed to claim your tokens.