> ## Documentation Index
> Fetch the complete documentation index at: https://developers.circle.com/llms.txt
> Use this file to discover all available pages before exploring further.
# How-to: Settle trades in the Console
> Fund individual trades or batch-settle multiple trades from the StableFX Console.
After you have [created a trade](/stablefx/howtos/create-trade-console) and
[both parties have signed](/stablefx/howtos/fulfill-trade-console), the trade
needs to be funded onchain for settlement to occur. The StableFX Console
provides two ways to fund: **individual funding** for a single trade, or **batch
funding** to settle multiple trades in a single transaction.
## Prerequisites
Before you begin:
* You have connected an EVM wallet with sufficient token balance.
* You have granted Permit2 approval for the funding token.
[Permit2](https://docs.uniswap.org/contracts/permit2/overview) is a
token-approval contract that lets you authorize token transfers with a single
offchain signature rather than a separate onchain approve transaction.
* You have one or more trades in a fundable status (`pending_settlement`,
`taker_funded`, or `maker_funded`, depending on your role). See
[Trade states](/stablefx/references/trade-states) for a description of each
status.
## Individual trade funding
Go to the **Trades** page from the sidebar navigation.
Click on any trade that shows the **Fund** action. Fundable trades have one of
these statuses:
| Your role | Fundable when status is |
| --------- | -------------------------------------- |
| Taker | `pending_settlement` or `maker_funded` |
| Maker | `pending_settlement` or `taker_funded` |
In the trade details side panel, click **Fund** to open the funding flow.
The funding panel displays your deliverables (what you send to escrow) and
receivables (what you get after settlement). Click **Fund Trade** and confirm
the Permit2 signature in your wallet.
## Batch funding
Batch funding lets you settle multiple trades in a single wallet signature. This
is especially useful for makers who accumulate many trades throughout a
settlement window.
On the **Trades** page, click **Batch fund** in the toolbar. The table
switches to selection mode with checkboxes on each row.
Check the trades you want to fund. Only trades in a fundable status appear as
selectable. The console automatically filters out trades that are not eligible.
A summary bar at the bottom shows:
* Number of selected trades
* Total deliverables (aggregated by currency)
* Total receivables (aggregated by currency)
If you are a **maker**, choose between:
* **Gross**: Fund each trade at its full amount. The total deliverable is the
sum of all individual trade amounts.
* **Net**: Fund the net position across all selected trades. If you have
offsetting trades (for example, selling USDC in one trade and buying USDC in
another), the net amount is reduced accordingly.
Netting applies across all selected trades regardless of counterparty. You
cannot net at the individual counterparty level.
If you are a **taker**, skip this step. Takers always fund in gross mode.
Click **Fund All**. Your wallet prompts you to sign Permit2 batch typed data
covering all selected trades. Confirm the signature.
## Funding modes explained
| Mode | Behavior | Best for |
| --------- | ------------------------------------------------------------------------------------- | ----------------------------------------------------------------------- |
| **Gross** | Each trade is funded at its full notional amount. | Takers (always gross), or makers who want explicit per-trade funding. |
| **Net** | Opposing positions in the same currency are offset. You fund only the net difference. | Makers with many trades in the same pair. Reduces capital requirements. |
Takers always fund in gross mode. The net funding option is available only to
makers.
## What happens after funding
Once you submit your funding signature:
1. The console broadcasts the transaction through the StableFX execution engine.
2. The FxEscrow smart contract on Arc receives and holds your tokens in escrow.
3. When both parties have funded, the contract settles the trade automatically:
* The taker receives the "to" currency minus the taker fee.
* The maker receives the "from" currency minus the maker fee.
* Fees are sent to the fee wallet.
The trade status updates to `complete`, and the settlement tokens appear in your
wallet.
## Monitoring settlement
You can track each trade's onchain progress in the **Activity** tab of the trade
details panel. It shows:
* The contract trade ID
* Each onchain transaction (record, taker deliver, maker deliver, settle)
* Transaction hashes and timestamps
* Current status of each step
The trades table on the main page auto-refreshes every **30 seconds**. Click
into a specific trade for faster polling (every **3 seconds**).
## Handling breaches
If one or both parties fail to fund before the settlement deadline (determined
by the tenor, which is the agreed duration of the trade from creation to
settlement expiry), the trade enters a `breaching` state and eventually becomes
`breached`. See [Trade states](/stablefx/references/trade-states) for details on
these statuses.
When a trade is breached:
* The funded party's tokens are returned from escrow.
* Any collateral (risk buffer) from the non-funding party is forfeited.
* The trade cannot be retried. You must create a new trade.
See [Risk buffers](/stablefx/concepts/risk-buffers) for details on how
collateral protects against breaches.
## See also
* [Creating a trade](/stablefx/howtos/create-trade-console)
* [Fulfilling a trade](/stablefx/howtos/fulfill-trade-console)
* [Trade states](/stablefx/references/trade-states)
* [Risk buffers](/stablefx/concepts/risk-buffers)