Settlement

Two settlement modes. One adapter interface.

settlementMode atomic

Atomic allocation

The venue co-settles through the token standard’s allocation flow. Eligible for Synfin’s atomic, per-leg-private settlement.

  • Atomic co-settlement: all legs in one transaction.
  • Per-leg privacy: each venue sees only its leg.
  • All or nothing: settles via CIP-0056 / 0112.

settlementMode: 'atomic-allocation'

settlementMode deferred

Managed deposit

Quote-and-deposit venues. Synfin still aggregates their quotes, but execution is deferred and settles separately.

  • Quote and deposit: included in routing.
  • Deferred execution: not same-transaction.
  • Non-atomic: outside the all-or-nothing guarantee.

settlementMode: 'managed-deposit'

  1. today Most venues managed-deposit
  2. adopting Atomic allocation, live and widening
  3. rolling out CIP-0112, Token Standard V2

Atomic settlement is live on Canton today and is valid only when every leg is Mode A, which the router enforces. Most accessible venues are still managed-deposit, so the atomic path widens as venues adopt the allocation flow. CIP-0112 (Token Standard V2) brings further privacy, performance, and settlement improvements, rolling out across the network. Quote aggregation works across both modes now.