diff --git a/src/core/operator-dashboard.mjs b/src/core/operator-dashboard.mjs
index 7570c7d..b09ace2 100644
--- a/src/core/operator-dashboard.mjs
+++ b/src/core/operator-dashboard.mjs
@@ -961,13 +961,15 @@ export function deriveQuoteLifecycleRows({
       gross_edge_pct: outcome?.gross_edge_pct || null,
       eure_notional: outcome?.eure_notional || null,
       outcome,
+      command_at: outcome?.command_at || null,
+      execution_result_at: outcome?.submitted_at || null,
       outcome_observed_at: outcome?.outcome_observed_at || outcome?.submitted_at || null,
     });
   }
 
   const finalized = [...rowsByKey.values()]
     .map((row) => finalizeLifecycleRow(row))
-    .sort((left, right) => sortTimestamps(right.latest_stage_at, left.latest_stage_at));
+    .sort((left, right) => sortTimestamps(right.quote_activity_at, left.quote_activity_at));
 
   return limit == null ? finalized : finalized.slice(0, limit);
 }
@@ -1101,6 +1103,13 @@ function finalizeLifecycleRow(row) {
       || row.decision_at
       || row.quote_observed_at
       || null,
+    quote_activity_at:
+      row.quote_observed_at
+      || row.decision_at
+      || row.command_at
+      || row.execution_result_at
+      || row.outcome_observed_at
+      || null,
     stage_details: {
       quote_observed_at: row.quote_observed_at,
       decision_at: row.decision_at,
diff --git a/src/operator-dashboard/static/pages/StrategyPage.jsx b/src/operator-dashboard/static/pages/StrategyPage.jsx
index df09e21..b9a82be 100644
--- a/src/operator-dashboard/static/pages/StrategyPage.jsx
+++ b/src/operator-dashboard/static/pages/StrategyPage.jsx
@@ -139,7 +139,7 @@ function QuoteLifecycleTable({ items }) {
       <table className="quote-lifecycle-table">
         <thead>
           <tr>
-            <th>Time</th>
+            <th>Quote time</th>
             <th>Quote id</th>
             <th>Request</th>
             <th>Responded?</th>
@@ -156,7 +156,12 @@ function QuoteLifecycleTable({ items }) {
             return (
               <Fragment key={rowKey}>
                 <tr key={`${rowKey}:row`}>
-                  <td>{formatTimestamp(item.latest_stage_at)}</td>
+                  <td>
+                    <div>{formatTimestamp(item.quote_activity_at || item.latest_stage_at)}</div>
+                    {item.latest_stage_at && item.latest_stage_at !== item.quote_activity_at ? (
+                      <div className="status-subtle">Updated {formatTimestamp(item.latest_stage_at)}</div>
+                    ) : null}
+                  </td>
                   <td><IdentifierRow label="Quote" value={item.quote_id} /></td>
                   <td>
                     <div>{formatTerms(item.request_terms || item.submitted_terms)}</div>
diff --git a/test/operator-dashboard.test.mjs b/test/operator-dashboard.test.mjs
index 2dcd9e3..8838806 100644
--- a/test/operator-dashboard.test.mjs
+++ b/test/operator-dashboard.test.mjs
@@ -670,6 +670,56 @@ test('submitted lifecycle evidence never becomes completed by itself', () => {
   assert.doesNotMatch(`${submitted[0].lifecycle_label} ${submitted[0].reason_text}`, /completed|successful trade|asset delta/i);
 });
 
+test('quote lifecycle recency is anchored to quote or submission time, not later outcome recompute', () => {
+  const rows = deriveQuoteLifecycleRows({
+    recentTradeDecisions: [{
+      observed_at: '2026-04-13T22:33:18.000Z',
+      payload: {
+        decision_id: 'decision-current',
+        quote_id: 'quote-current',
+        pair: 'btc->eure',
+        decision: 'actionable',
+        decision_reason: 'actionable',
+        gross_edge_pct: '0.490000',
+      },
+    }],
+    recentExecutionResults: [{
+      command_id: 'cmd-current',
+      decision_id: 'decision-current',
+      quote_id: 'quote-current',
+      pair: 'btc->eure',
+      result_at: '2026-04-13T22:33:19.000Z',
+      status: 'submitted',
+      result_code: 'quote_response_ok',
+    }],
+    recentQuoteOutcomes: [{
+      command_id: 'cmd-old',
+      decision_id: 'decision-old',
+      quote_id: 'quote-old-two-percent',
+      pair: 'btc->eure',
+      gross_edge_pct: '2.000000',
+      eure_notional: '75.58',
+      submitted_at: '2026-04-09T23:36:35.566Z',
+      command_at: '2026-04-09T23:36:35.352Z',
+      outcome_status: 'not_filled',
+      outcome_reason: 'deadline_elapsed_without_settlement',
+      outcome_observed_at: '2026-04-13T22:35:33.295Z',
+      outcome_source: 'submission_deadline_and_inventory_snapshots',
+      attribution_status: 'unattributed',
+      attributed_inventory_delta: null,
+    }],
+    limit: null,
+  });
+
+  assert.equal(rows[0].quote_id, 'quote-current');
+  assert.equal(rows[0].gross_edge_pct, '0.490000');
+
+  const oldRow = rows.find((row) => row.quote_id === 'quote-old-two-percent');
+  assert.equal(oldRow.quote_activity_at, '2026-04-09T23:36:35.352Z');
+  assert.equal(oldRow.latest_stage_at, '2026-04-13T22:35:33.295Z');
+  assert.equal(oldRow.lifecycle_state, 'not_filled');
+});
+
 test('successful trade rows require completed outcome with linked settled inventory evidence', () => {
   const config = buildConfig();
   const bootstrap = buildDashboardBootstrap({