Expiry & Result Submission

Trading stops at expiry and result resolution begins. This section covers the "happy path" — the oracle resolves cleanly, nobody disputes, and the market settles.

Timeline (mainnet windows)

Expiry
  │  anyone may submit the result
  ▼
SubmitMarketResult ──► status: Result Submitted
  │
  ├─ 24h dispute window: anyone may stake a challenge (next section)
  │
  ▼  no dispute; after the 24h cooling period
SubmitFinalMarketResult ──► status: Settlement (claims open)

On devnet every window shrinks to 5 minutes for testing.

Submit Result (oracle resolution)

After expiry the trading page shows a Submit Result button (in the Info card's Trading Closes row and in the "Trading period ended" notice). Anyone with a connected wallet can click it — typically the creator or a keeper bot.

The frontend then sends two transactions:

1. Oracle update: fetches the feed's latest signed quote from Switchboard and verifies it on-chain (a v0 transaction);
2. SubmitMarketResult: the program checks that the quote account derives from the market's locked feed_id and that the data is fresh (within 150 slots), then writes the result:

Feed value	Result	State change
1 × 10¹⁸	Yes	→ Result Submitted, fees collected atomically
0	No	same
2 × 10¹⁸ or other	Invalid	state unchanged, retry after fixing the feed

The oracle source is locked at creation

feed_id is written into the market account at creation; result submission accepts only that source — nobody can swap in a different feed to manipulate the outcome.

After the Result Is Submitted

Two countdowns appear in the market header:

• Dispute deadline — end of the dispute window (submission time + 24h). Until then, anyone who believes the result is wrong can stake a challenge;
• Settlement in — expected settlement time (no dispute: submission time + 24h cooling; disputed: the dispute's cooling end time).

The right sidebar now shows the Raise Dispute panel (see Disputes & Voting).

Submit Final Result

If the dispute window passes with no challenge, the sidebar becomes:

Dispute window closed — No disputes were raised. Settlement is now available.

Anyone can click Submit Final Result (SubmitFinalMarketResult); the program confirms the cooling period has elapsed, keeps the oracle result, and moves the market to Settlement — holders of winning tokens can now claim.