> For the complete documentation index, see [llms.txt](https://docs.sidepit.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sidepit.com/beta/trading/auction-bids.md).

# Auction (DLOB)

Sidepit introduces a revolutionary **1-second auction system** to enhance fairness in order matching.

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## Key Benefits:

1. Eliminates latency arbitrage for those with unfair access advantages.
2. Democratizes HFT and MEV, rewarding traders with better price speculation skills.

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## Measure of Success:

Unlike typical exchanges, Sidepit measures success by reducing variance over time rather than instantaneous spreads. This ensures resilience and consistent liquidity, especially during volatile periods.

**Visual:** Auction process interface with annotated features emphasizing transparency.


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