Instant Loan Lifecycle

An instant loan moves through a small set of UI-facing states.

Status	Meaning	UI action
awaiting_deposit	The loan exists and waits for collateral	Show loan.depositTarget and the deposit deadline
deposit_detected	The protocol detected collateral and is processing the borrow	Keep polling and show a pending state
active	The borrow is active and the user can repay	Show loan.repayment.amount and loan.repayment.target
settling	The protocol is closing the loan	Keep polling and avoid duplicate user actions
closed	The loan finished	Show final state and stop prompting for repayment

Reload state with:

const loan = await client.instantLoans.get({ ref });

Use activities when your UI needs more detail about deposits, borrow outflows, repayment deposits, confirmations, or fee top-ups.