> ## Documentation Index
> Fetch the complete documentation index at: https://hypernode-docs.polynode.dev/llms.txt
> Use this file to discover all available pages before exploring further.

# Deployment Auctions

> Live Dutch auctions for deploying new perp markets and spot pairs

Anyone can deploy a new perpetual market or spot pair on HyperLiquid by winning a Dutch auction. The price decreases over time until someone bids.

## Endpoints

### Perp deployment auction

```
GET /v2/perp-auction
```

```json theme={null}
{
  "startTimeSeconds": 1776114000,
  "durationSeconds": 111600,
  "startGas": "1000.0",
  "currentGas": "756.90",
  "endGas": null
}
```

### Spot pair deployment auction

```
GET /v2/spot-auction
```

Same response format as above.

## Response fields

| Field              | Type         | Description                                             |
| ------------------ | ------------ | ------------------------------------------------------- |
| `startTimeSeconds` | number       | Unix timestamp when the auction started                 |
| `durationSeconds`  | number       | Total auction duration in seconds                       |
| `startGas`         | string       | Starting price in USDC                                  |
| `currentGas`       | string       | Current price, decreasing over time                     |
| `endGas`           | string\|null | Final price when auction ended. `null` if still running |

## How it works

HIP-3 builder DEXes get 3 free asset deployments. Additional assets require winning the shared Dutch auction. The starting price is 2x the previous successful auction price (floor: 500 HYPE for perps). Price decreases linearly over the duration.

Builders also receive 7 reserve deployments that bypass the auction at the current price.

## Examples

```bash theme={null}
# Current perp deployment auction price
curl -H "x-api-key: YOUR_KEY" https://hyper.polynode.dev/v2/perp-auction

# Current spot pair deployment auction price
curl -H "x-api-key: YOUR_KEY" https://hyper.polynode.dev/v2/spot-auction
```