> For the complete documentation index, see [llms.txt](https://docs.arenas.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.arenas.fi/atomica/financing-markets/withdraw.md).

# Withdraw

Withdrawing converts your **pool shares** back into the underlying asset, including accrued yield. Unlike supplying, withdrawing is always a **two-step, time-locked** process — even when the delay is set to zero.

***

### The two steps

```mermaid
sequenceDiagram
    participant LP as Liquidity Provider
    participant Adapter as Financing adapter (pool)

    LP ->> Adapter: 1. createWithdrawRequest (locks shares)
    Note over LP,Adapter: wait for withdrawDelay
    LP ->> Adapter: 2. executeWithdrawRequest (after delay)
    Adapter -->> LP: 3. Return assets + accrued yield
```

1. **Create a withdrawal request.** This locks the shares you want to redeem. There is **one active request per LP**, and it **cannot be cancelled** once created.
2. **Execute the request** after the pool’s `withdrawDelay` has elapsed. The same wallet that created the request must execute it, and receives the assets.

***

### Why the delay

The delay lets the pool manage liquidity that is temporarily locked in active financings. If much of the pool is lent out, a request may be:

* **Fulfilled proportionally** — you receive the redeemable share now, with the remainder following as loans are repaid, or
* **Delayed** until enough borrowers repay.

The protocol always returns either assets or shares; it does not freeze your funds without a claim.

***

### Things to know

* **One-way lock.** `createWithdrawRequest` locks your shares immediately and cannot be reversed — plan the amount before submitting.
* **Same wallet executes.** Only the wallet that created the request can execute it, after the delay.
* **Availability.** Withdrawals are subject to unborrowed liquidity in the pool at execution time.

See [Supply](/atomica/financing-markets/supply.md) for the deposit side and [Intents & Liquidity](/atomica/intents-and-liquidity.md) for how your capital is put to work in between.