To place an order, you have to select one of the lots listed on the platform and try to guess its hammer price (for how much it will be sold in the upcoming auction). We provide the auction house lower and upper estimates to guide your decision. To place an order, you’ll need to specify an estimate breakeven and position. For example, if you want to place an order that a painting will sell for at least 200,000 DAI, put 200,000 as the estimate breakeven and select the ‘long’ position. In the nominal, specify how much money you want to ‘bet’ on your assumption. In the lower part of the screen, you’ll see the calculator that will help you estimate your possible gain.