diff --git a/core/src/main/java/bisq/core/api/model/TradeInfo.java b/core/src/main/java/bisq/core/api/model/TradeInfo.java
index cf65cf7799..04887abc8c 100644
--- a/core/src/main/java/bisq/core/api/model/TradeInfo.java
+++ b/core/src/main/java/bisq/core/api/model/TradeInfo.java
@@ -93,6 +93,8 @@ public class TradeInfo implements Payload {
     private final boolean isCompleted;
     private final String contractAsJson;
     private final ContractInfo contract;
+    private final boolean hasFailed;
+    private final String errorMessage;
     // Optional BSQ swap trade protocol details (post v1).
     private BsqSwapTradeInfo bsqSwapTradeInfo;
     private final String closingStatus;
@@ -126,6 +128,8 @@ public class TradeInfo implements Payload {
         this.contract = builder.getContract();
         this.bsqSwapTradeInfo = null;
         this.closingStatus = builder.getClosingStatus();
+        this.hasFailed = builder.isHasFailed();
+        this.errorMessage = builder.getErrorMessage();
     }
 
     public static TradeInfo toNewTradeInfo(BsqSwapTrade trade, String role) {
@@ -243,6 +247,8 @@ public class TradeInfo implements Payload {
                 .withContractAsJson(trade.getContractAsJson())
                 .withContract(contractInfo)
                 .withClosingStatus(closingStatus)
+                .withHasFailed(trade.hasFailed())
+                .withErrorMessage(trade.hasErrorMessage() ? trade.getErrorMessage() : "")
                 .build();
     }
 
@@ -278,6 +284,8 @@ public class TradeInfo implements Payload {
                         .setIsPaymentReceivedMessageSent(isPaymentReceivedMessageSent)
                         .setIsPayoutPublished(isPayoutPublished)
                         .setIsCompleted(isCompleted)
+                        .setHasFailed(hasFailed)
+                        .setErrorMessage(errorMessage == null ? "" : errorMessage)
                         .setClosingStatus(closingStatus);
         if (offer.isBsqSwapOffer()) {
             protoBuilder.setBsqSwapTradeInfo(bsqSwapTradeInfo.toProtoMessage());
@@ -318,6 +326,8 @@ public class TradeInfo implements Payload {
                 .withContractAsJson(proto.getContractAsJson())
                 .withContract((ContractInfo.fromProto(proto.getContract())))
                 .withClosingStatus(proto.getClosingStatus())
+                .withHasFailed(proto.getHasFailed())
+                .withErrorMessage(proto.getErrorMessage())
                 .build();
 
         if (proto.getOffer().getIsBsqSwapOffer())
@@ -357,6 +367,8 @@ public class TradeInfo implements Payload {
                 ", contract=" + contract + "\n" +
                 ", bsqSwapTradeInfo=" + bsqSwapTradeInfo + "\n" +
                 ", closingStatus=" + closingStatus + "\n" +
+                ", hasFailed=" + hasFailed + "\n" +
+                ", errorMessage=" + errorMessage + "\n" +
                 '}';
     }
 }
diff --git a/core/src/main/java/bisq/core/api/model/builder/TradeInfoV1Builder.java b/core/src/main/java/bisq/core/api/model/builder/TradeInfoV1Builder.java
index ea9d2597a6..03109c0276 100644
--- a/core/src/main/java/bisq/core/api/model/builder/TradeInfoV1Builder.java
+++ b/core/src/main/java/bisq/core/api/model/builder/TradeInfoV1Builder.java
@@ -56,9 +56,11 @@ public final class TradeInfoV1Builder {
     private boolean isPaymentReceivedMessageSent;
     private boolean isPayoutPublished;
     private boolean isCompleted;
+    private boolean hasFailed;
     private String contractAsJson;
     private ContractInfo contract;
     private String closingStatus;
+    private String errorMessage;
 
     public TradeInfoV1Builder withOffer(OfferInfo offer) {
         this.offer = offer;
@@ -180,6 +182,16 @@ public final class TradeInfoV1Builder {
         return this;
     }
 
+    public TradeInfoV1Builder withHasFailed(boolean hasFailed) {
+        this.hasFailed = hasFailed;
+        return this;
+    }
+
+    public TradeInfoV1Builder withErrorMessage(String errorMessage) {
+        this.errorMessage = errorMessage;
+        return this;
+    }
+
     public TradeInfoV1Builder withContractAsJson(String contractAsJson) {
         this.contractAsJson = contractAsJson;
         return this;
diff --git a/core/src/main/java/bisq/core/trade/TradeManager.java b/core/src/main/java/bisq/core/trade/TradeManager.java
index b1d7398345..a9224e4943 100644
--- a/core/src/main/java/bisq/core/trade/TradeManager.java
+++ b/core/src/main/java/bisq/core/trade/TradeManager.java
@@ -108,6 +108,7 @@ import javafx.collections.ObservableList;
 
 import org.bouncycastle.crypto.params.KeyParameter;
 
+import java.util.Collections;
 import java.util.Date;
 import java.util.HashMap;
 import java.util.HashSet;
@@ -911,9 +912,7 @@ public class TradeManager implements PersistedDataHost, DecryptedDirectMessageLi
     }
 
     public List<Trade> getTrades() {
-        return getObservableList().stream()
-                .filter(t -> !t.hasFailed())
-                .collect(Collectors.toList());
+        return Collections.unmodifiableList(getObservableList());
     }
 
     private void removeTrade(Trade trade) {
diff --git a/proto/src/main/proto/grpc.proto b/proto/src/main/proto/grpc.proto
index c4da4756fb..5150aa390c 100644
--- a/proto/src/main/proto/grpc.proto
+++ b/proto/src/main/proto/grpc.proto
@@ -660,6 +660,10 @@ message TradeInfo {
     BsqSwapTradeInfo bsq_swap_trade_info = 28;
     // Needed by open/closed/failed trade list items.
     string closing_status = 29;
+    // Whether the trade failed.
+    bool has_failed = 30;
+    // Error message applicable when trade is failed.
+    string error_message = 31;
 }
 
 message ContractInfo {