diff --git a/src/components/SettlementsPanel.tsx b/src/components/SettlementsPanel.tsx
index fcd4ba8..e2d748f 100644
--- a/src/components/SettlementsPanel.tsx
+++ b/src/components/SettlementsPanel.tsx
@@ -130,6 +130,7 @@ export function SettlementsPanel() {
   }
 
   async function loadMore() {
+    if (loadingMore) return;
     if (state.status !== "ready") return;
     setLoadingMore(true);
     setMoreError(null);