private/liquidate
Bids on an open liquidation auction. Names the bidder's own subaccount, the account being auctioned, the fraction of it to absorb as a whole percent (a multiple of 0.01), and a signed limit price. The limit is compared against the discounted price of the whole remaining account — the quote's estimated_bid_price — not against the cash the bid actually moves, and it is negative for an insolvent auction where the security module pays the bidder. The realized fill is capped at the auction's current maximum proportion, so it can land below the requested percent. Quote the auction first with public/get_live_auctions or the auctions.watch channel: both the price and the fraction on offer move with wall-clock and with the account's mark.
Request
- Base URL: https://api.derive.xyz/v3
- URL: https://api.derive.xyz/v3/private/liquidate
- Auth: none declared
Request body
Response
Success
Changes
No recorded changes to this operation across all 1 revision of this API.