Price guard

Samples#

During each batch, Pool samples the reference price several times.

Deviation band#

At settlement, Pool compares the midpoint to the average of the samples. If the difference is larger than the band, 50 basis points by default and adjustable from 1 to 1,000, the batch is voided.

Voiding#

A voided batch fills nothing. Every order and every bond is returned. This stops a batch from clearing at a price that was pushed for a moment.

Try Inject price shock in the Batch section to see a void.