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Flew combines the market’s on-chain state with Solana cluster time to display its effective lifecycle status.

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Active

The market is open and has not reached its closing time. You can:
  • Place a YES or NO position if you do not already have one
  • Exit an eligible open position after the minimum holding period
Live YES and NO pool totals remain encrypted during this phase. Flew does not display live pool odds.

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Awaiting resolution

The closing time has passed, but the resolution deadline has not.
  • New positions are closed.
  • Early exit is closed.
  • Existing position holders wait for a manual outcome or verified Switchboard resolution.
No position-holder action is available during this phase.

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Refunds available

The market missed its resolution deadline. This can happen to either a manual or Switchboard market. If you hold an unclaimed position, click Claim Refund before the refund deadline. The refund returns your net position amount after the original placement fee.

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Resolved

The outcome and aggregate YES and NO pool totals have been finalized.
  • Winning positions can click Claim Payout during the claim window.
  • Losing positions have no payout.
  • A winning payout includes the net position plus its proportional share of the losing pool.

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Claim period expired

After the claim deadline, the market remains under the Resolved filter, but the market page displays Claim Period Expired. Unclaimed positions can no longer receive a payout.

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Expired

An unresolved market becomes expired after its refund window closes. Position holders can no longer claim refunds or take any other settlement action.

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Lifecycle diagram

A losing position has no payout action in the Resolved state. A successful payout or refund claim settles that position permanently.

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Displayed status and on-chain state

The interface calculates time-based statuses immediately from Solana cluster time. The stored on-chain state updates lazily when a resolution, claim, refund, exit, or settlement instruction evaluates the deadline. This means the interface can display Awaiting Resolution, Refunds Available, or Claim Period Expired before a later transaction writes the corresponding state change on-chain.