11. How is the trade lifecycle?

Order can be matched either partially or fully.

A match between a Buy and Sell order will have a status of “MATCHED” at first. This match is pending for clearing by the backend.

A match after being cleared successfully will have a status of “CLEARED”, otherwise having status “REVERTED”.

Time taken for a match to be cleared varies depending on the blockchain network traffic.

As of current implementation, users are expected to re-submit the order which were matched but reverted.