Auction Duration & Hammer Time

Anti-Sniping, Pro-Bidding

GBM auctions can run for minutes or days — the seller sets the duration.

🔨 What is Hammer Time?

Hammer Time automatically extends the auction when a bid is placed near the end — just like an auctioneer calling:

“Going once… Going twice…”

This feature prevents sniping and keeps bidding fair.

📊 Example: Hammer Time set to 20 minutes

• 30 min left → A bid is placed → No extension

• 10 min left → A bid is placed → Timer resets to 20 min

• 5 min left → A bid is placed → Timer resets to 20 min again

The auction continues as long as new bids come in during the Hammer Time window. If no new bids are placed in that window, the auction ends.