1
Signed
You approved the transaction in your wallet.
2
Submitted
Sent to the network. The token shows a pending spinner.
3
Confirmed
The transaction landed. You get the fill toast and Portfolio updates.
The honest window
The terminal rechecks a submitted transaction within seconds and keeps watching until the chain gives a final answer. Solana can land a transaction up to its blockhash expiry, about 2 minutes, so a “dropped” transaction that sneaks in late is still caught and reported as the trade it is. Protected Sec trades land as bundles, which can confirm late by design. Their watch window is longer for exactly that reason: nothing gets falsely declared dead.Failed transactions
What failure means, what it costs (nothing), and the fix for each cause.