Refunds

vMarket swaps are successful under normal market conditions. However, they can fail under certain extreme conditions.

What causes refunds?

Each quote takes into account the following parameters:

• Slippage Tolerance: Maximum acceptable price deviation from the quoted rate

• Relay Gas Fee Estimates: Estimated gas costs for relayer execution on destination chains

• Execution Window: Time limits for valid execution before conditions may change

However, if market or network conditions shift significantly between quote generation and execution, the trade may fall outside its safe execution range. When this occurs, vMarket issues a USDC refund on the destination chain.

How long does it take to receive a refund?

Refunds are typically issued within 60 seconds, and no more than 30 minutes.