Transaction Settlement

Category: dex · Updated: July 30, 2026 · Tags: settlement, transactions, blockchain

How Transactions Settle

OmniBazaar settles transactions on OmniCoin, our own blockchain (built using Avalanche's subnet technology), with 1-2 second finality — making trades nearly instant. You never pay gas fees yourself; OmniBazaar's validators cover that cost for you.

Settlement Process

  1. Your trade is matched off-chain for speed
  2. Settlement batch is created every 2 seconds
  3. Batch is submitted to blockchain
  4. Validators agree the batch is valid using OmniCoin's consensus process (called Snowman)
  5. Your funds are transferred

Why This Matters

Fast settlement means you can trade confidently, knowing your transactions will complete quickly and securely.