Trent's future at Liverpool is still ambiguous.

He has only one year left on his current contract. Real Madrid is still interested in him according to Mirror but he is said to have no intention to leave Liverpool:
MirrorLet's be positive about Trent's future. Liverpool surely knows that Trent's contract is almost up. There are many rumors that they will extend it. Trent has fully committed to stay even longer in Liverpool. So, we don't need worry about that.
Trent's contract still has one year left. It will be easy to extend it with him. This is because Trent is not keen to leave Liverpool. It takes only a few weeks or months to complete it.
Don't panic. Many speculations appeared, and just ignore it. But, trend is not the only one who enters the 12-month final of a contract. Salah and Virgil are also facing the same situation.
Liverpool is also said to be keen on offering a new contract to him soon. However the things is why have they even waited this long?

People can say anything but I believe he is one of the best RBs now.
Trent is loyal to the club. This is apparently one reason why Liverpool is not rushing to extend his contract. Trend is still young enough, and he can still have many years to play in Liverpool. He is still 25 years my friend. Everything will be fine, and i strongly support him to stay.