Block Trade FAQ

Block Trade FAQ

Here are answers to common questions about using Block Trade on Loopring DeFi.

Can I cancel a Block Trade after submitting it?

Once a Block Trade is submitted:

  • If you chose Prioritize Speed, the trade executes immediately for the available portion and can't be canceled.

  • If you chose Prioritize Quantity, you can't cancel after signing. However, if no match is found within the expiration window, your tokens will automatically unlock.

What happens if my Block Trade expires without being filled?

If your Block Trade (using Prioritize Quantity) can't be fully matched within the expiration window:

  • Your locked tokens will be automatically unlocked and returned to your account.

  • No swap will occur.

Do I need to manually monitor my trade while waiting for a match?

No. Once you submit and sign the Block Trade, the system will handle settlement or expiration automatically. You can check your trade status anytime under the Transactions section.

Will my quoted price always be guaranteed?

  • The quote shown at submission is indicative.

  • The actual swap price is confirmed once a market maker accepts and fulfills your trade.

  • In high-volatility periods, the quote may expire if not accepted quickly.

Why does it sometimes take up to 24 hours to complete a Block Trade?

Asset locking only occurs under specific conditions:

  • The trade has been settled with the agreed price on the CEX side.

  • You selected Prioritize Quantity, and the Loopring DeFi pool currently lacks sufficient liquidity.

If your trade does not settle at the agreed price within a short window, the transaction will either fail completely or settle with a partial fill — no assets are locked in this case.

Once locked, the system will rebalance its pool and finalize the remaining swap, typically within 24 hours. During this time, your locked tokens will remain securely in your wallet.

💡 Always double-check your trade options, selected network, and market conditions before submitting a large Block Trade.

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