Toro Trade

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Toro additions

Two-step close

A close is requested in one block and priced in a later one, at least 1 block after the request. Whoever settles it, the trader never gets a worse deal for waiting, and the settler never gets a free option.

The steps

requestCloseblock N: records the mid
settleCloseblock ≥ N + 1, at that block’s mid
After N + 30anyone settles, at the worse mid for the trader

Why

Pricing the exit in a later block than the request means a trader cannot see a distorted book and close into it in the same transaction. The target behaves the same way (its exit is the mid of the block that executes the close).

Who settles

  • Until 30 blocks after the request, only the relayer or keeper; they settle at once.
  • After that, anyone; the trader then receives the worse of the request mid and the current mid, so delay never pays the settler.
  • The owner can always request a close directly. A pending close can still be liquidated.
  • A frozen or retired market settles at its frozen mid.

Per market

MarketDelay (blocks)Grace (blocks)
BTC130
ETH130
SOL130
HYPE130
DOGE130
GOLD130
ZEC130
XRP130
LINK130
SUI130
BNB130
LTC130
PAXG130
TRX130

Values on this page are read from the HyperEVM mainnet deployment (chain 999, block 48891965) at build time.

Last updated 2026-10-18