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Changelog entry

Black Market orderbook matching and embargo bypass fee (#596)

2026-03-25

  • Black Market buy/sell orders now match deterministically each tick with price-time priority by resource.
  • Executed Black Market trades apply a base **8% fee** (`BLACK_MARKET_FEE_BASE_BPS`).
  • Trades between parties in an active embargo relationship are now allowed on the Black Market but apply an additional **30% embargo bypass premium** (`BLACK_MARKET_EMBARGO_BYPASS_PREMIUM_BPS`), for a total **38% fee**.
  • Executed trades publish `BlackMarketTradeExecuted` event logs with fee and embargo-bypass details.