Skip to main content

Concepts

Concepts explain what Reiy is and how the protocol works without requiring API schemas or implementation details first.

Intents

How users express protected trading outcomes.

Solvers

The execution providers that compete to fill intents and settle on-chain.

Fisherman

The off-chain coordinator that runs competition and signs certificates.

Flow of an intent

Follow an intent from submission to settlement.

Epoch and auction lifecycle

Understand contract epochs and Fisherman auction-round statuses.

Auction rounds and certificates

Learn how Fisherman groups intents, ranks solver solutions, and signs settlement certificates.

Protections

SBBO, protected minimums, custody, epoch safety, and certificate checks.

Fees

A user-facing explanation of protocol fees.
Last modified on June 23, 2026