Skip to content
Colosseum · Privacy TrackLive on devnetReal MagicBlock Private Payments

Auctions on Solana, settled privately.

Two auction mechanics — sealed-bid commit–reveal and a descending Dutch sale — pay the seller through MagicBlock's Private Payments API. Funds move from a buyer's ephemeral rollup balance with visibility: "private", so the settlement leg is not a public “who paid whom” edge.

How a private settlement runs

Three steps the buyer does in the app — same path for sealed-bid and Dutch.

Devnet flow
  1. Step 1

    Deposit to the rollup

    Buyer signs a MagicBlock-built POST /v1/spl/deposit that funds an ephemeral USDC balance on devnet. We refresh the blockhash just-in-time so wallet UX stays snappy.

  2. Step 2

    Run the auction in app

    Sealed-bid: SHA-256 commitments during bidding, reveals after close, highest valid bid wins. Dutch: price ticks down on a schedule until a buyer takes the lot.

  3. Step 3 · Private

    Pay the seller privately

    POST /v1/spl/transfer with visibility: "private" and ephemeral balances on both sides. Confirmation returns a Solana signature you can open on Explorer.

Pick a mode and try it

Or scroll the guided panel on each page for a narrated, no-wallet walkthrough — handy for recordings.

Stack and references

Real MagicBlock integration

Deposit and private transfer go through payments.magicblock.app.

Devnet wallet flows

Phantom-compatible adapters, blockhash refresh, “already processed” recovery, and Explorer links for every confirmed signature.

Privacy first, demo-able

Auction logic is in-app for fast resets while recording, the settlement leg is the one that matters and lives on chain.