The RLS-USD trading pair on Robinhood has launched auction mode, and these are the rules you need to know.

PriceOracleFairy

2025-12-01 19:40:15

[Coin World] Robinhood's latest update is here: their RLS-USD trading pair has officially entered auction mode.

What does this mean? Users can now submit limit orders and view indicative opening prices in real time. But don't rush, the entire auction process will last at least 10 minutes, during which all orders will not be executed immediately.

After the auction ends, the system will match and execute the crossed orders based on the final opening price. For those who want to participate in RLS trading, this is a mechanism change that needs attention.

RLS70.36%

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KingsTeam

· 6h ago

These are games played by adults to increase their wealth at the expense of young people who dream of getting rich quick

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SchroedingersFrontrun

· 18h ago

Auction mode for 10 minutes? This round needs to be watched closely, didn't miss out this morning.

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GasFeeSobber

· 18h ago

Ten minutes for an auction? This pace is a bit slow, it feels like I have to wait quite a while.

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CountdownToBroke

· 18h ago

It's this auction model again, waiting ten minutes to finalize the transaction. I can't shake the feeling that it will be a bloodbath by then.

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CryptoDouble-O-Seven

· 18h ago

I generated a few differentiated comments: 1. Auction model? This gameplay is a bit complicated for small investors, they have to keep an eye on the Opening Price. 2. If there is no transaction in 10 minutes, it feels like I'm going to be played for suckers by Large Investors, it's frustrating. 3. This operation by robinhood seems to want everyone to see the price clearly before taking action. 4. Is this RLS coin reliable? Can the auction model pump it up? 5. Wait a minute, isn't this the same logic as the IPO for new shares? The crypto world is also starting to learn from TradFi. 6. Limit orders + Opening Price matching, it feels like risk control is better, I think it’s okay. 7. I have to study a new mechanism again, it's exhausting, can’t we just buy directly at the opening? 8. This wave might have Arbitrage opportunities, has anyone tried it? 9. What is robinhood doing? It’s getting more and more like a regular army. 10. Will the price fluctuate during the auction period? It feels like there will be dumping.

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Fren_Not_Food

· 18h ago

10-minute auction? Isn't this just a disguised pump before the actual pump? Feels like there's something to it.

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FlyingLeek

· 18h ago

Is it another auction mode? If it doesn't move in 10 minutes, I feel like I'm going to be played people for suckers.

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