Trading

Transaction Lifecycle

Each state a trade passes through, and what the user sees.

1
Quote requested. Input is debounced; RwaMarkets requests a quote for the pair and amount.
2
Quote available. Price, impact, minimum received and fees are displayed and refresh automatically.
3
Review. The user reviews the final quote. Stale quotes are refreshed first.
4
Awaiting signature. The wallet shows the unmodified transaction. The user can approve or reject.
5
Submitting and confirming. The signed transaction is passed to the execution provider, which lands it on Solana and waits for confirmation.
6
Success or failure. The result is shown with a link to the transaction on a Solana explorer.

Failure states

State	What happens
No route	No trading route is currently available; nothing can be signed.
Insufficient balance / SOL	The trade is blocked before signing.
Rejected in wallet	Nothing is submitted; the user can try again.
Quote expired / price moved	The transaction does not execute; a new quote is requested.
Failed to land	The transaction did not confirm; no swap took place.
Status unknown	Confirmation could not be read in time; the explorer link shows the final outcome.

A trade cannot be submitted twice from repeated button presses; the interface locks execution until the current attempt resolves.