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Adjective - Used to describe exactly how drunk, high, fucked up, or whatever takes your fancy that you and/or your friends are/were.

This is not to be confused with faded, as being faded is a much lower level of fucked up than traded.

See examples below.
Kyle - "Bro, I got so traded last night! Not like James Harden traded, like KG to the Celtics traded!"

Tim - "Ahh shit man, that's crazy man. Like you ain't no free agent? You was traded? Damn."

Mec - "I'm feelin' so traaadeddd!"
Traded by MecSoTraded November 16, 2012
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As in the song “traded” by sy ari da kid

I can’t trust you I been traded by my homies
Traded by Okuu I sidcv January 6, 2020
A Down syndrome version of the word “retarded”. Used to describe something funny or weird.
Your mate shaves his head bald and you see him.

Fucking traded bald head
Traded by Oggy Nelson January 17, 2022
In a relationship where both people have already said I love you to each other
Keith: Yo bro Kawhi and Rosie gotta break up before Carmine starts something.

Cassius: it’s too late for them to break up, they’ve already traded bro.
Traded by AppleButterz September 13, 2017
When you don’t get an abbreviation or something that’s common sense or if your bet didn’t hit, it’s basically if someone makes you feel dumb you just say I’m traded.
“My bet didn’t hit fuck I’m traded”

“Yo did you watch the nd game?”
What’s nd”
Notre dame

“I’m traded”
Traded by Balls16 January 9, 2025

traded mixtapes 

a way to say you had intercourse for dainty people who don't like to say "fuck" or "fucking" often
Sorry I am late. I traded mixtapes this morning and it was extended play.
traded mixtapes by Audrey El November 22, 2005

traded billups 

a huge, obvious mistake that has terrible repercussions
"man, i really traded billups last night, choosing to purchase mad dog over a more legitimate beer. i feel terrible".

"made i sure traded billups this semester when i attempted to take that upper-level anatomy course and got a c."

"I totally traded Billups when I told everybody that I like the new Eminem album."