Bid on liquidations privately
Buy collateral from liquidated loans at a discount, from a private account. Anyone can bid on Rujira, and with Redacted your bids don't lead back to your wallet.
What the chain shows
A bid placed from your wallet, and the same bid placed with Redacted.
- Your wallet address on every bid.
- How much capital you keep ready, and for which coins.
- The bid still competes in Rujira’s auctions.
- It comes from a Spending account with no visible link to your wallet.
Why it matters for liquidation bids
Bidding from your wallet shows how much capital you keep ready and which coins you go after, and anyone can position around it. With Redacted the bids come from a Spending account, so your strategy stays yours.
How liquidations work on Rujira
- When
- A loan is liquidated when its adjusted loan-to-value reaches 100%. Part of its collateral is sold to repay part of the debt.
- Auctions
- The collateral is sold in Dutch auctions on Rujira’s orderbook. Bids are orders at a discount to the market price, up to 30%.
- Priority
- Bids at smaller discounts are filled first, so the queue goes by discount, not by speed.
- Fees
- A 1% liquidation fee and a 0.5% liquidator fee are taken on the repaid debt. The liquidator fee goes to whoever triggers the liquidation.
Source: Rujira’s documentation on RUJI Liquidations.
Collateral that can be liquidated
AvalancheUp to 70% loan-to-value
Bitcoin CashUp to 70% loan-to-value
BNBUp to 70% loan-to-valueBitcoinUp to 70% loan-to-value
DogecoinUp to 70% loan-to-value
EtherUp to 70% loan-to-value
USD CoinUp to 70% loan-to-value
TetherUp to 70% loan-to-value
LitecoinUp to 70% loan-to-value
TronUp to 70% loan-to-value
XRPUp to 70% loan-to-valueWhy Redacted works this way
Financial privacy, the way the cypherpunks meant it
In the early 1990s the cypherpunks argued that an open society needs people to be able to pay and trade without broadcasting their lives. Public blockchains made every balance and every trade visible by default. Redacted keeps the activity on-chain and the rules public, and takes the person out of the picture.
Open to anyone
Anyone with a wallet can use Redacted, with no sign-up and no identity check. The rules are public and the same for every user, and withdrawals are always open.
Proofs instead of trust
Your browser proves every action with a zero-knowledge proof. Nobody holds your keys or can spend your notes, and the code is open source for anyone to check.
Nodes decide
Independent nodes approve deposits after the checks they choose. New money waits about two hours, which makes a deposit harder to match to what you do next.
Private liquidation bids, answered
Who can bid on liquidations?+
Anyone. Bids are orders at a discount to the market price, and a bid at a smaller discount gets filled first.
How big can the discount be?+
Up to 30% below the market price, depending on the bids already waiting in the auction.
Market data from Rujira’s public API, as of 6 Oct 2026. Prices and rates change all the time. General information only, not financial advice.