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Every market on Flew moves through a fixed lifecycle. The status badge on each card tells you exactly where a market stands and what you can do. All market states, light mode

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Creator indicator

If you created a market, a small * (asterisk) appears in the top-left corner of the card, before the status badge. Hover over it and you’ll see the tooltip: “You are the creator of this market”. This indicator is visible to you only. It lets you quickly spot your own markets in a list and reminds you that creator-specific actions (resolving, claiming LP fees, withdrawing your bond) are available to you on that card.

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State reference

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Active

Betting is open. You can place a YES or NO position at any time before the market’s closing time.
  • Bettors: place a bet from the market detail page
  • Creator: can cancel the market only if no bets have been placed yet
  • Pool amounts are encrypted and not visible on-chain during this phase
Because pools are encrypted by Arcium during the live phase, you won’t see real-time odds or pool sizes until after resolution.

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Awaiting resolution

The market’s closing time has passed and betting is no longer accepted. The market is waiting for the designated resolver to submit an outcome.
  • Bettors: no actions available; hold your position
  • Resolver: must call YES or NO before the resolution deadline
Flew uses an authorized resolver, not a trustless oracle. If the resolver does not act before the deadline, the market transitions to Refunds Available.

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Refunds available

The resolver did not submit an outcome within the allowed resolution window. All bets can now be reclaimed in full.
  • Bettors: claim a full refund of your original bet from My Positions
  • Creator: the creator bond may be forfeited for failing to resolve
Refunds are only available for a limited window. Once that window closes the market transitions to Expired and no further claims are possible.

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Resolved

The market was resolved with a YES or NO outcome.
  • Winning bettors: claim your proportional payout
  • Creator: claim accumulated LP fees and withdraw your creator bond
Payout formula: (Your Bet / Winning Pool) × Losing Pool (after fees)

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Claim Period Expired

Once the claim window closes (default 7 days after resolution), the market detail page shows a Claim Period Expired banner. The market still appears under the Resolved tab.
  • Users: payouts can no longer be claimed; unclaimed funds go to the protocol admin
  • Creator: bond and LP fees can no longer be withdrawn; they are recoverable by the protocol admin
  • Protocol admin: can sweep remaining vault funds via the admin claim action
Always claim your payout before the claim period ends. There is no grace period once a market shows Claim Period Expired.

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Expired

The market went unresolved — the creator did not submit an outcome — and the refund window also closed without all refunds being claimed.
  • No user actions available
  • Remaining funds are held in the contract and recoverable by the protocol admin only

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State transition diagram

All time-based transitions happen automatically. The on-chain program evaluates deadlines on every instruction, so no manual trigger is needed. The Claim Period Expired states are display-only: the market’s on-chain record still reads as resolved, and the market remains in the Resolved filter in the UI.