# Vault States

A vault may be in one of 4 states:

* ***Active*** means the subscription period is still active (that is, the vault has not yet reached the expiration date).
* ***Expired** & **In Process*** means the vault has reached the expiration date and the system is processing the linked price against the Pyth Network oracle price to determine and deliver the proper funds.
* ***Withdraw*** means the funds are available for withdrawal.
* ***Settled*** means all the funds have been withdrawn.

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