Fhenix-FairMarket mark

Fhenix-FairMarket

Auction Protocol

Create auction

Create a confidential lot in four calm steps.

Start with the NFT, choose the duration, confirm the seller deposit, then review the transaction before it moves on chain.

1
Asset
2
Duration
3
Deposit
4
Review

Step 1

Define the NFT that will enter market custody.

Start with the contract, token ID, and auction format. This step makes the listing concrete before any funds move.

Review rail

A quiet summary before the wallet prompt.

Wallet needed
Connected wallet

No wallet connected

Review each step, then confirm the final transaction in your wallet.

NFT contractWaiting for contract address
Token IDWaiting for token ID
FormatVickrey sealed bid
Duration1 day
Seller deposit1.00 ETH
  • The NFT stays in the seller wallet until the final create transaction succeeds.
  • Approval is requested automatically only if the market is not already approved.
  • The auction window is constrained on chain to 1 minute through 3 months.
  • Seller deposit and auction creation settle together in one transaction.