diff --git a/ecosystem/sep-0024.md b/ecosystem/sep-0024.md
index 6174d8686..45c708323 100644
--- a/ecosystem/sep-0024.md
+++ b/ecosystem/sep-0024.md
@@ -6,8 +6,8 @@ Title: Hosted Deposit and Withdrawal
 Author: SDF
 Status: Active
 Created: 2019-09-18
-Updated: 2022-05-05
-Version 2.3.0
+Updated: 2022-05-06
+Version 2.4.0
 ```
 
 ## Simple Summary
@@ -690,11 +690,11 @@ Name | Type | Description
 `amount_fee` | string | Amount of fee charged by anchor.
 `amount_fee_asset` | string | (optional) The asset in which fees are calculated in. Must be present if the deposit/withdraw was made using non-equivalent assets. The value must be in [SEP-38 Asset Identification Format](sep-0038.md#asset-identification-format). See the [Asset Exchanges](#asset-exchanges) section for more information.
 `started_at` | UTC ISO 8601 string | Start date and time of transaction.
-`completed_at` | UTC ISO 8601 string | (optional) Completion date and time of transaction.
+`completed_at` | UTC ISO 8601 string | (optional) The date and time of transaction reaching `completed` or `refunded` status. 
 `stellar_transaction_id` | string | transaction_id on Stellar network of the transfer that either completed the deposit or started the withdrawal.
 `external_transaction_id` | string | (optional) ID of transaction on external network that either started the deposit or completed the withdrawal.
 `message` | string | (optional) Human readable explanation of transaction status, if needed.
-`refunded` | boolean | (**deprecated**, optional) This field is deprecated in favor of the `refunds` object. True if the transaction was refunded in full. False if the transaction was partially refunded or not refunded. For more details about any refunds, see the `refunds` object.
+`refunded` | boolean | (**deprecated**, optional) This field is deprecated in favor of the `refunds` object and the `refunded` status. True if the transaction was refunded in full. False if the transaction was partially refunded or not refunded. For more details about any refunds, see the `refunds` object.
 `refunds` | object | (optional) An object describing any on or off-chain refund associated with this transaction. The schema for this object is defined in the [Refunds Object Schema](#refunds-object-schema) section below.
 
 
@@ -729,6 +729,7 @@ Name | Type | Description
 * `pending_trust` -- the user must add a trustline for the asset for the deposit to complete.
 * `pending_user` -- the user must take additional action before the deposit / withdrawal can complete, for example an email or 2fa confirmation of a withdraw.
 * `completed` -- deposit/withdrawal fully completed.
+* `refunded` -- the deposit/withdrawal is fully refunded.
 * `no_market` -- could not complete deposit because no satisfactory asset/XLM market was available to create the account.
 * `too_small` -- deposit/withdrawal size less than `min_amount`.
 * `too_large` -- deposit/withdrawal size exceeded `max_amount`.
@@ -937,6 +938,7 @@ There is a small set of changes when upgrading from SEP-6 to SEP-24.
 * Solar wallet: https://solarwallet.io
 
 ## Changelog
+* `v2.4.0`: Add `refunded` transaction status. ([#1195](https://github.com/stellar/stellar-protocol/pull/1195))
 * `v2.3.0`: Change `lang` format from [ISO639-1] to [RFC4646] which is a superset of [ISO639-1]. Add `lang` field to GET `/transactions` and `/transaction`. ([#1191](https://github.com/stellar/stellar-protocol/pull/1191))
 * `v2.2.1`: Make `completed_at` field optional. ([#1185](https://github.com/stellar/stellar-protocol/pull/1185))
 * `v2.2.0`: Deprecate refunded boolean. Add refund object to transaction records. ([#1128](https://github.com/stellar/stellar-protocol/pull/1128))