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If you provide liquidity to Parquet, the payout queue is the one thing worth understanding before you size a withdrawal. Parquet trades on Solana mainnet, and on a busy market your headline LP balance is not always the same as the cash you can pull out right now. This page explains what to expect.

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When a withdrawal can be delayed

Most of the time you can withdraw freely. A withdrawal can be queued when the pool’s spare cash is tied up — either backing open positions or already owed to traders who have closed winning trades but have not yet been paid. The pool will only release what it can pay without leaving those obligations short, so your withdrawal may settle in pieces or wait briefly until liquidity frees up. This is honest and expected behaviour, not a fault: a winning trader’s payout can be delayed, and so can an LP withdrawal. The amount you can actually pull is your free liquidity, which is usually close to your balance but can run tight on a market with heavy winning flow.

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How the pool keeps paying

When traders lose, those gains are set aside to pay the traders still waiting to be paid, rather than landing straight in your balance. Payouts then clear in the order they were queued. Once everyone in line has been paid, the set-aside cash folds back into the pool and your balance reflects it again. Anyone can trigger these payouts, and Parquet also runs a service that clears the queue continuously, so you are never waiting on a single party to act.

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How bad debt is handled

If a position is liquidated for less than it owed the pool, that shortfall is absorbed first by the gains set aside for queued payouts — a buffer that shields LP balances. Your balance is only drawn on when that buffer is empty and the queue still has obligations to meet. For the full on-chain mechanics, developer references are available on request — see Developer docs.