diff --git a/programs/drift/src/controller/pnl.rs b/programs/drift/src/controller/pnl.rs
index 8776a29fd..3a52772f7 100644
--- a/programs/drift/src/controller/pnl.rs
+++ b/programs/drift/src/controller/pnl.rs
@@ -26,6 +26,7 @@ use crate::state::margin_calculation::MarginContext;
 
 use crate::state::events::{OrderActionExplanation, SettlePnlExplanation, SettlePnlRecord};
 use crate::state::oracle_map::OracleMap;
+use crate::state::paused_operations::PausedOperations;
 use crate::state::perp_market::MarketStatus;
 use crate::state::perp_market_map::PerpMarketMap;
 use crate::state::spot_market::{SpotBalance, SpotBalanceType};
@@ -140,6 +141,12 @@ pub fn settle_pnl(
         "Cannot settle pnl under current market status"
     )?;
 
+    validate!(
+        perp_market.is_operation_paused(PausedOperations::Withdraw),
+        ErrorCode::InvalidMarketStatusToSettlePnl,
+        "Cannot settle pnl under current market status"
+    )?;
+
     let pnl_pool_token_amount = get_token_amount(
         perp_market.pnl_pool.scaled_balance,
         spot_market,
diff --git a/programs/drift/src/controller/spot_position.rs b/programs/drift/src/controller/spot_position.rs
index 8ca185f0a..68ec56aa3 100644
--- a/programs/drift/src/controller/spot_position.rs
+++ b/programs/drift/src/controller/spot_position.rs
@@ -9,6 +9,7 @@ use crate::math::safe_math::SafeMath;
 use crate::math::spot_withdraw::check_withdraw_limits;
 use crate::safe_decrement;
 use crate::safe_increment;
+use crate::state::paused_operations::PausedOperations;
 use crate::state::perp_market::MarketStatus;
 use crate::state::spot_market::{AssetTier, SpotBalance, SpotBalanceType, SpotMarket};
 use crate::state::user::{SpotPosition, User, UserStats};
@@ -134,6 +135,13 @@ pub fn update_spot_balances_and_cumulative_deposits_with_limits(
         spot_market.market_index
     )?;
 
+    validate!(
+        spot_market.is_operation_paused(PausedOperations::Withdraw),
+        ErrorCode::MarketWithdrawPaused,
+        "Spot Market {} withdraws are currently paused",
+        spot_market.market_index
+    )?;
+
     validate!(
         !(spot_market.asset_tier == AssetTier::Protected
             && user.spot_positions[spot_position_index].balance_type() == &SpotBalanceType::Borrow),
diff --git a/programs/drift/src/instructions/user.rs b/programs/drift/src/instructions/user.rs
index 102fa2a05..fc8e7515a 100644
--- a/programs/drift/src/instructions/user.rs
+++ b/programs/drift/src/instructions/user.rs
@@ -641,23 +641,6 @@ pub fn handle_transfer_deposit(
     {
         let spot_market = &mut spot_market_map.get_ref_mut(&market_index)?;
 
-        validate!(
-            matches!(
-                spot_market.status,
-                MarketStatus::Active | MarketStatus::ReduceOnly | MarketStatus::Settlement
-            ),
-            ErrorCode::MarketWithdrawPaused,
-            "Spot Market {} withdraws are currently paused",
-            spot_market.market_index
-        )?;
-
-        validate!(
-            spot_market.is_operation_paused(PausedOperations::Withdraw),
-            ErrorCode::MarketWithdrawPaused,
-            "Spot Market {} withdraws are currently paused",
-            spot_market.market_index
-        )?;
-
         from_user.increment_total_withdraws(
             amount,
             oracle_price,
diff --git a/programs/drift/src/state/paused_operations.rs b/programs/drift/src/state/paused_operations.rs
index b3cf1ac2f..9701321af 100644
--- a/programs/drift/src/state/paused_operations.rs
+++ b/programs/drift/src/state/paused_operations.rs
@@ -1,12 +1,12 @@
 #[derive(Clone, Copy, PartialEq, Debug, Eq)]
 pub enum PausedOperations {
-    /// funding rate updates are paused
+    /// perps: funding | spot: interest
     Funding = 0b00000001,
     /// amm fills are prevented/blocked
     AmmFills = 0b00000010,
     /// fills are blocked
     Fill = 0b00000100,
-    /// perp: pause settling negative pnl | spot: pause depositing asset
+    /// perp: pause settling pnl | spot: withdraw asset
     Withdraw = 0b00001000,
 }
 
diff --git a/programs/drift/src/state/perp_market.rs b/programs/drift/src/state/perp_market.rs
index a43924c7e..7cd8dfac5 100644
--- a/programs/drift/src/state/perp_market.rs
+++ b/programs/drift/src/state/perp_market.rs
@@ -44,13 +44,13 @@ pub enum MarketStatus {
     Initialized,
     /// all operations allowed
     Active,
-    /// funding rate updates are paused
+    /// Deprecated in favor of PausedOperations
     FundingPaused,
-    /// amm fills are prevented/blocked
+    /// Deprecated in favor of PausedOperations
     AmmPaused,
-    /// fills are blocked
+    /// Deprecated in favor of PausedOperations
     FillPaused,
-    /// perp: pause settling negative pnl | spot: pause depositing asset
+    /// Deprecated in favor of PausedOperations
     WithdrawPaused,
     /// fills only able to reduce liability
     ReduceOnly,