Seal intent
Traders lock capital and publish a salted commitment, hiding side, limit and amount during the collection window.
BATCH AUCTION LIQUIDITY LAYER EPOCH 001
ONE BATCH.
ONE CLEARING PRICE.
Private order intent. Deterministic price discovery. Uniform settlement.
NIGHT / USDBATCH MARKET
NETWORK ALPHA · EPOCH #001INDICATIVE CLEAR$1.02USD
MATCHABLE VOLUME700 NIGHT
ORDERS IN EPOCH09 COMMITTED
AGGREGATED SUPPLY & DEMAND
Demand Supply
01Compose
02Commit
03Reveal
04Clear
EPOCH ORDER BOOK PRICE-TIME NEUTRAL
LIMIT ELIGIBILITY · PRO RATA FILL| ORDER | SIDE | LIMIT | AMOUNT | PROJECTED |
|---|---|---|---|---|
| B01 | BUY | $1.12 | 180 | 128.57 |
| B02 | BUY | $1.08 | 240 | 171.43 |
| B03 | BUY | $1.04 | 320 | 228.57 |
| B04 | BUY | $1.00 | 220 | 0 |
| S01 | SELL | $0.90 | 140 | 140 |
| S02 | SELL | $0.96 | 260 | 260 |
| S03 | SELL | $1.02 | 300 | 300 |
| S04 | SELL | $1.10 | 400 | 0 |
| YOU / ACTIVE ORDER | BUY | $1.06 | 240 | 171.43 |
PROTOCOL MECHANISM
Execution without the latency race.
Nightshift separates order collection from price formation.
The batch clears only after aggregate liquidity is known.
Aggregate liquidity
Valid orders are revealed into the epoch book. Invalid or missing reveals follow deterministic expiry rules.
Settle uniformly
The engine maximizes executable volume and settles every eligible fill at one clearing price.
NETWORK ARCHITECTUREMinimal trust.
Minimal trust.
Maximum auditability.
Designed as a modular execution layer for EVM settlement environments.
OPEN WHITEPAPER01
BatchManagerControls epoch timing, commitment deposits and reveal eligibility.
02
ClearingEngineMaximizes matched volume, minimizes imbalance and resolves ties deterministically.
03
SettlementVaultNet-settles token flows after a valid clearing result.
04
Risk boundaryThe protocol remains in Network Alpha. Contracts, audits and production addresses are pending release.