diff --git a/packages/sdk/README.md b/packages/sdk/README.md
index 353cd8d9..d7a3bc0e 100644
--- a/packages/sdk/README.md
+++ b/packages/sdk/README.md
@@ -71,11 +71,37 @@ try {
 The lower-level primitives (`backoffWithJitter`, `CircuitBreaker`,
 `parseRetryAfter`, `withRetry`) are exported directly for reuse.
 
+### Dry-run status events
+
+`TransactionQueue` emits status events via `queue.on("status", ...)`. When run
+in **dry-run** mode (`run({ dryRun: true })` or a queue-level `dryRun: true`),
+each step is simulated but never submitted. The queue still emits a `confirmed`
+event at the end of each step to mark it complete, but that event:
+
+- carries `dryRun: true`, and
+- has **no** `hash` (nothing was broadcast).
+
+Consumers listening for on-chain confirmations should check the `dryRun` flag to
+avoid mistaking a simulated flow for a real submission:
+
+```ts
+queue.on("status", (e) => {
+  if (e.status === "confirmed") {
+    if (e.dryRun) {
+      // Simulated — do not show as "submitted to network".
+    } else {
+      // Real confirmation — e.hash is present.
+    }
+  }
+});
+```
+
 ## API Semantics
 
 The SDK exposes two distinct paths for mutative (write) operations:
 
 ### 1. `prepare*Tx` (Submittable)
+
 Methods like `prepareCreatePostTx`, `prepareFollowTx`, and `prepareDmKeyTx` are the **intended path for client-side applications**.
 They fetch the actual account sequence from Horizon, simulate the transaction to discover footprint/fees, and return a base64-encoded `TransactionEnvelope` XDR that is fully ready to be signed (e.g. by Freighter) and submitted to the network.
 
@@ -85,6 +111,7 @@ const txXdr = await client.prepareCreatePostTx("GBFOY...", "Hello!");
 ```
 
 ### 2. Base Write Methods (Throwaway XDR)
+
 Methods like `createPost`, `follow`, and `tip` **do not fetch sequence numbers** and return XDR built using a throwaway `Keypair`.
 **These are not directly submittable.** They exist primarily to easily extract the Soroban `Operation` for batching (e.g., passing to `buildMultiOpTx`) or for server-side queueing where sequence management is handled by a background worker (like `TransactionQueue`).
 
diff --git a/packages/sdk/src/__tests__/queue.test.ts b/packages/sdk/src/__tests__/queue.test.ts
index e64f20fb..430d921a 100644
--- a/packages/sdk/src/__tests__/queue.test.ts
+++ b/packages/sdk/src/__tests__/queue.test.ts
@@ -362,7 +362,26 @@ describe("TransactionQueue", () => {
 
       const statuses = events.map((e) => e.status);
       expect(statuses).toEqual(["pending", "simulated", "confirmed"]);
-      expect(events.find((e) => e.status === "confirmed")?.resourceFee).toBe("2000");
+
+      const confirmedEvent = events.find((e) => e.status === "confirmed");
+      expect(confirmedEvent?.resourceFee).toBe("2000");
+      // Dry-run "confirmed" must be distinguishable from a real confirmation:
+      expect(confirmedEvent?.dryRun).toBe(true);
+      expect(confirmedEvent?.hash).toBeUndefined();
+    });
+
+    it("marks real confirmations with dryRun:false (or undefined) and a hash", async () => {
+      const rpc = makeRpc();
+      const queue = new TransactionQueue({ signer: makeSigner(), rpc, pollIntervalMs: 0 });
+      const events: TxStatusEvent[] = [];
+      queue.on("status", (e) => events.push(e));
+      queue.enqueue("XDR_LIVE");
+
+      await queue.run({ dryRun: false });
+
+      const confirmedEvent = events.find((e) => e.status === "confirmed");
+      expect(confirmedEvent?.dryRun).not.toBe(true);
+      expect(confirmedEvent?.hash).toBeDefined();
     });
 
     it("dryRun queue-level default is honoured", async () => {
diff --git a/packages/sdk/src/queue.ts b/packages/sdk/src/queue.ts
index 809b2db9..a542665b 100644
--- a/packages/sdk/src/queue.ts
+++ b/packages/sdk/src/queue.ts
@@ -12,6 +12,11 @@
  * every step is simulated but never submitted. This is useful for preflight
  * checks and fee estimation without consuming sequence numbers or fees.
  *
+ * In dry-run mode the queue still emits a `confirmed` event at the end of each
+ * step (as a completion marker), but the event carries `dryRun: true` and no
+ * `hash`. Consumers can therefore distinguish a simulated `confirmed` from a
+ * real on-chain confirmation by checking the `dryRun` flag.
+ *
  * ### Per-step timeout
  * `stepTimeoutMs` (config or per-`run()` override) caps the total wall-clock
  * time spent on a single step (signing + submission + confirmation). When the
@@ -32,6 +37,13 @@ export interface TxStatusEvent {
   error?: string;
   /** Resource fee returned by simulation (present when status is "simulated" or later). */
   resourceFee?: string;
+  /**
+   * When `true`, the event reflects a dry-run (simulate-only) execution rather
+   * than a real on-chain submission. A dry-run `confirmed` event carries no
+   * `hash`; consumers can use this flag to distinguish simulated success from an
+   * actual broadcast.
+   */
+  dryRun?: boolean;
 }
 
 export type TxStatusListener = (event: TxStatusEvent) => void;
@@ -252,7 +264,8 @@ export class TransactionQueue {
    *   2. Signs the XDR via the configured signer.
    *   3. Simulates the signed transaction via `rpc.simulateTransaction` (unless
    *      `skipSimulation` is true). Emits `simulated` on success.
-   *   4. In `dryRun` mode, stops here and does not submit.
+   *   4. In `dryRun` mode, stops here and does not submit. Emits a `confirmed`
+   *      event with `dryRun: true` and no hash to mark the step complete.
    *   5. Submits via `rpc.sendTransaction`. Emits `submitted` with the hash.
    *   6. Polls `rpc.getTransaction` until `SUCCESS` or failure. Emits `confirmed`.
    *
@@ -365,8 +378,10 @@ export class TransactionQueue {
 
     // ── 3. Dry-run exit ──────────────────────────────────────────────────────
     if (isDryRun) {
-      // Simulation succeeded; mark as confirmed for tracking purposes (no hash).
-      this.emit({ index: i, xdr: step.xdr, status: "confirmed", resourceFee });
+      // Simulation succeeded; report a dry-run "confirmed" (no hash was
+      // produced) so callers can track the step without mistaking it for a
+      // real on-chain confirmation.
+      this.emit({ index: i, xdr: step.xdr, status: "confirmed", resourceFee, dryRun: true });
       completed.push(i);
       return;
     }