diff --git a/docs/CACHING_AND_SAVINGS.md b/docs/CACHING_AND_SAVINGS.md
index 8866c9a0..7ea5ac19 100644
--- a/docs/CACHING_AND_SAVINGS.md
+++ b/docs/CACHING_AND_SAVINGS.md
@@ -24,7 +24,7 @@ Pricing relative to base input rate:
 | bucket | meaning | rate |
 |---|---|---:|
 | `input_tokens` | uncached input | `1.0x` |
-| `cache_creation_input_tokens` (`cc`) | cache write | `1.25x` |
+| `cache_creation_input_tokens` (`cc`) | cache write | `1.25x` (5m) / `2x` (1h) |
 | `cache_read_input_tokens` (`cr`) | cache read | `0.1x` |
 | output | model reply | `5x` input on Fable 5 |
 
@@ -97,7 +97,7 @@ For each `/v1/messages` request, pxpipe records three measurements:
 The actual input cost is:
 
 ```text
-actual_eff = input_tokens + cc * 1.25 + cr * 0.10
+actual_eff = input_tokens + cc_5m * 1.25 + cc_1h * 2.0 + cr * 0.10
 ```
 
 The text baseline first splits the measured text tokens:
@@ -110,7 +110,7 @@ coldTail  = baseline_tokens - cacheable
 If the actual request is cold (`cr === 0`):
 
 ```text
-baseline_eff = cacheable * 1.25 + coldTail
+baseline_eff = cacheable * observed_write_rate + coldTail
 ```
 
 If the actual request is warm (`cr > 0`):
@@ -119,10 +119,10 @@ If the actual request is warm (`cr > 0`):
 reused = min(prevCacheable, cacheable)
 grown  = cacheable - reused
 
-baseline_eff = reused * 0.10 + grown * 1.25 + coldTail
+baseline_eff = reused * 0.10 + grown * observed_write_rate + coldTail
 ```
 
-`prevCacheable` is used only after `cr > 0` proves a warm read. It refines how much of the text baseline was reused vs newly grown. If there is no completed same-session prior with the same static-prefix hash, pxpipe assumes full reuse for the text baseline: `prevCacheable = cacheable`. That is conservative for savings because it makes the text baseline cheaper.
+`observed_write_rate` is the request's server-reported mix of 5-minute writes at `1.25x` and 1-hour writes at `2x`. If the API omits the tier split, pxpipe falls back to `1.25x` for backward compatibility. `prevCacheable` is used only after `cr > 0` proves a warm read. It refines how much of the text baseline was reused vs newly grown. If there is no completed same-session prior with the same static-prefix hash, pxpipe assumes full reuse for the text baseline: `prevCacheable = cacheable`. That is conservative for savings because it makes the text baseline cheaper.
 
 Replay uses request start time (`ts - duration_ms`) to avoid overlapping requests refining each other's `prevCacheable` split before the earlier request had completed.
 
@@ -190,6 +190,8 @@ Every row in `~/.pxpipe/events.jsonl` carries the fields needed to reproduce the
 - `baseline_cacheable_tokens`
 - `input_tokens`
 - `cache_create_tokens`
+- `cache_create_5m_tokens`
+- `cache_create_1h_tokens`
 - `cache_read_tokens`
 - `first_user_sha8`
 - `system_sha8`
diff --git a/src/core/baseline.ts b/src/core/baseline.ts
index ea2dfa11..c85b9e4b 100644
--- a/src/core/baseline.ts
+++ b/src/core/baseline.ts
@@ -4,10 +4,31 @@
  * See docs/CACHING_AND_SAVINGS.md for the full derivation and audit history.
  */
 
-/** Documented Anthropic price ratios: cc_5m = 1.25×, cr = 0.1× base input. One-line change if rates change. */
+/** Documented Anthropic price ratios: cc_5m = 1.25×, cc_1h = 2×, cr = 0.1× base input. */
 export const CACHE_CREATE_RATE = 1.25;
+const CACHE_CREATE_1H_RATE = 2.0;
 export const CACHE_READ_RATE = 0.1;
 
+/** Effective cache-write rate for this request. Older usage payloads do not
+ * expose the tier split; preserve the historical/conservative 5-minute rate
+ * in that case. The text counterfactual uses the same observed tier mix as
+ * the transformed request because pxpipe relocates, rather than invents, the
+ * caller's cache-control markers. */
+function cacheCreateRate(cc: number, cc5m?: number, cc1h?: number): number {
+  if (!(cc > 0)) return CACHE_CREATE_RATE;
+  const splitReported = cc5m !== undefined || cc1h !== undefined;
+  if (!splitReported) return CACHE_CREATE_RATE;
+  const fiveMinute = Math.max(0, cc5m ?? 0);
+  const oneHour = Math.max(0, cc1h ?? 0);
+  const splitTotal = fiveMinute + oneHour;
+  if (!(splitTotal > 0)) return CACHE_CREATE_RATE;
+  // The API contract says splitTotal === cc. Normalize malformed/mismatched
+  // payloads to the aggregate so telemetry never invents extra write tokens.
+  return (
+    fiveMinute * CACHE_CREATE_RATE + oneHour * CACHE_CREATE_1H_RATE
+  ) / splitTotal;
+}
+
 /** Anthropic prompt-cache TTL (seconds). Kept for callers that display provider
  *  docs, but savings math does not use TTL to infer a hypothetical text-cache
  *  hit: text is considered warm only when the actual request reports cr > 0. */
@@ -103,23 +124,46 @@ export function computeBaselineInputEff(
   cr: number,
   warm = false,
   prevCacheable = 0,
+): number {
+  return computeBaselineInputEffWithCacheTier(
+    baseline, baselineCacheable, inputTokens, cc, cr, warm, prevCacheable, 0,
+  );
+}
+
+/** Tier-aware variant for internal telemetry accounting. */
+export function computeBaselineInputEffWithCacheTier(
+  baseline: number,
+  baselineCacheable: number,
+  inputTokens: number,
+  cc: number,
+  cr: number,
+  warm: boolean,
+  prevCacheable: number,
+  cacheCreate1hTokens: number,
+  cacheCreate5mTokens?: number,
 ): number {
   if (baseline <= 0) return 0;
   // Probe miss: can't split prefix from tail, so credit nothing (same as actual).
-  if (baselineCacheable <= 0) return computeActualInputEff(inputTokens, cc, cr);
+  if (baselineCacheable <= 0) {
+    return computeActualInputEffWithCacheTier(
+      inputTokens, cc, cr, cacheCreate1hTokens, cacheCreate5mTokens,
+    );
+  }
   const cacheable = Math.min(baselineCacheable, baseline);
   const coldTail = baseline - cacheable;
+  const createRate = cacheCreateRate(cc, cacheCreate5mTokens, cacheCreate1hTokens);
   if (warm) {
     // Text reads the prefix it already had cached (0.10×) and creates only the
-    // growth since last turn (1.25×). Independent of the image path's cache.
+    // growth since last turn (at the observed write-tier rate). Independent of
+    // the image path's cache.
     const reused = Math.min(Math.max(prevCacheable, 0), cacheable);
     const grown = cacheable - reused;
-    return reused * CACHE_READ_RATE + grown * CACHE_CREATE_RATE + coldTail * 1.0;
+    return reused * CACHE_READ_RATE + grown * createRate + coldTail * 1.0;
   }
   // Cold (first turn / TTL expiry): no warm cache for text either, so it
   // re-creates the whole cacheable prefix at the create rate — same event the
   // imaged path pays. Removes the phantom "free read" that fabricated a loss.
-  return cacheable * CACHE_CREATE_RATE + coldTail * 1.0;
+  return cacheable * createRate + coldTail * 1.0;
 }
 
 /** Weighted input cost pxpipe actually paid this turn. */
@@ -128,5 +172,18 @@ export function computeActualInputEff(
   cc: number,
   cr: number,
 ): number {
-  return inputTokens + cc * CACHE_CREATE_RATE + cr * CACHE_READ_RATE;
+  return computeActualInputEffWithCacheTier(inputTokens, cc, cr, 0);
+}
+
+/** Tier-aware variant for internal telemetry accounting. */
+export function computeActualInputEffWithCacheTier(
+  inputTokens: number,
+  cc: number,
+  cr: number,
+  cacheCreate1hTokens: number,
+  cacheCreate5mTokens?: number,
+): number {
+  return inputTokens
+    + cc * cacheCreateRate(cc, cacheCreate5mTokens, cacheCreate1hTokens)
+    + cr * CACHE_READ_RATE;
 }
diff --git a/src/dashboard.ts b/src/dashboard.ts
index ef6e126e..909f90f3 100644
--- a/src/dashboard.ts
+++ b/src/dashboard.ts
@@ -33,8 +33,8 @@ import * as readline from 'node:readline';
 import type { ProxyEvent } from './core/proxy.js';
 import type { TrackEvent } from './core/tracker.js';
 import {
-  computeActualInputEff,
-  computeBaselineInputEff,
+  computeActualInputEffWithCacheTier,
+  computeBaselineInputEffWithCacheTier,
   deriveBaselineWarmth,
 } from './core/baseline.js';
 import {
@@ -167,10 +167,10 @@ export interface RecentRow {
  *      cache_read>0 ⇒ a warm cache existed for both paths; cache_read===0 ⇒ cold
  *      for both, so text re-creates its prefix too (no phantom warm read on a
  *      cold turn — that would fabricate a loss out of a real token win):
- *        warm:  baseline_input_eff = reused×0.10 + grown×1.25 + cold_tail×1.0
+ *        warm:  baseline_input_eff = reused×0.10 + grown×observed_create_rate + cold_tail×1.0
  *               where reused = min(prevCacheable, cacheable), grown = cacheable − reused
- *        cold:  baseline_input_eff = cacheable×1.25 + cold_tail×1.0
- *      actual_input_eff   = input + cache_create×1.25 + cache_read×0.10
+ *        cold:  baseline_input_eff = cacheable×observed_create_rate + cold_tail×1.0
+ *      actual_input_eff   = input + cache_create_5m×1.25 + cache_create_1h×2 + cache_read×0.10
  *      output_equiv       = output × 5                (input-token-equivalent at the 5× output rate)
  *      saved              = baseline_input_eff − actual_input_eff
  *      baseline_total     = baseline_input_eff + output_equiv
@@ -607,6 +607,8 @@ export class DashboardState {
     const inp = u?.input_tokens ?? 0;
     const out = u?.output_tokens ?? 0;
     const cc = u?.cache_creation_input_tokens ?? 0;
+    const cc5m = u?.cache_creation?.ephemeral_5m_input_tokens;
+    const cc1h = u?.cache_creation?.ephemeral_1h_input_tokens ?? 0;
     const cr = u?.cache_read_input_tokens ?? 0;
     const gpt = isOpenAIEvent(ev.path, ev.accountingProvider);
 
@@ -671,7 +673,9 @@ export class DashboardState {
       haveBaseline = typeof baseline === 'number' && baseline > 0 && probeOk;
 
       // Weighted INPUT cost we actually paid this turn.
-      actualInputEff = haveUsage ? computeActualInputEff(inp, cc, cr) : 0;
+      actualInputEff = haveUsage
+        ? computeActualInputEffWithCacheTier(inp, cc, cr, cc1h, cc5m)
+        : 0;
 
       // pxpipe only reduces input by imaging the static slab. An UNCOMPRESSED
       // row had its body forwarded untouched, so its unproxied counterfactual
@@ -710,7 +714,7 @@ export class DashboardState {
         prefixShaNow,
       );
       baselineInputEff = creditSaving
-        ? computeBaselineInputEff(
+        ? computeBaselineInputEffWithCacheTier(
             baseline as number,
             cacheable,
             inp,
@@ -718,6 +722,8 @@ export class DashboardState {
             cr,
             warm,
             prevCacheable,
+            cc1h,
+            cc5m,
           )
         : actualInputEff;
       // Record this completed turn's prefix size for future cr>0 split estimates.
@@ -953,6 +959,8 @@ export class DashboardState {
       const inp = t.input_tokens ?? 0;
       const out = t.output_tokens ?? 0;
       const cc = t.cache_create_tokens ?? 0;
+      const cc5m = t.cache_create_5m_tokens;
+      const cc1h = t.cache_create_1h_tokens ?? 0;
       const cr = t.cache_read_tokens ?? 0;
       const compressed = t.compressed === true;
       const gpt = isOpenAIEvent(t.path, t.accounting_provider);
@@ -1003,7 +1011,9 @@ export class DashboardState {
         const probeOk = probeStatus === 'ok'
           || (probeStatus === undefined && typeof baseline === 'number' && baseline > 0);
         haveBaseline = typeof baseline === 'number' && baseline > 0 && probeOk;
-        actualInputEff = haveUsage ? computeActualInputEff(inp, cc, cr) : 0;
+        actualInputEff = haveUsage
+          ? computeActualInputEffWithCacheTier(inp, cc, cr, cc1h, cc5m)
+          : 0;
         // Mirror update(): only credit the cache-modeled counterfactual on
         // compressed rows. Uncompressed/passthrough rows fall back to the
         // actual cost so they show zero saved (no fabricated savings).
@@ -1027,7 +1037,7 @@ export class DashboardState {
           prefixShaR,
         );
         baselineInputEff = creditSaving
-          ? computeBaselineInputEff(
+          ? computeBaselineInputEffWithCacheTier(
               baseline as number,
               cacheable,
               inp,
@@ -1035,6 +1045,8 @@ export class DashboardState {
               cr,
               warmR,
               prevCacheableR,
+              cc1h,
+              cc5m,
             )
           : actualInputEff;
         if (typeof sidR === 'string' && sidR.length > 0 && haveUsage) {
diff --git a/src/dashboard/fragments.ts b/src/dashboard/fragments.ts
index 3e5971e3..18887522 100644
--- a/src/dashboard/fragments.ts
+++ b/src/dashboard/fragments.ts
@@ -275,9 +275,9 @@ export function renderHeaderFragment(s: StatsPayload, port: number): string {
     statTile(
       'Estimated saved',
       `$${(s.saved_usd ?? 0).toFixed(2)}`,
-      `at $${pa.input_per_mtok}/M input tokens`,
+      `at $${pa.input_per_mtok}/M base input price`,
       '',
-      'A rough dollar figure: saved tokens × the input price. Actual savings depend on your plan and caching — see the math drawer.',
+      'Cache-aware estimate using the server-reported 5-minute/1-hour write split when available (1.25×/2×), cache reads (0.10×), and the base input price.',
     ) +
     costTile +
     `</div>`;
@@ -285,10 +285,10 @@ export function renderHeaderFragment(s: StatsPayload, port: number): string {
   // math drawer
   const savedMath =
     `<div><span class="k">formula:</span> <span class="v">saved = baseline − actual</span></div>` +
-    `<div><span class="k">weights:</span> <span class="v">input×1.0, cache_create×1.25, cache_read×0.10</span></div>` +
+    `<div><span class="k">weights:</span> <span class="v">input×1.0, cache_write_5m×1.25, cache_write_1h×2.0, cache_read×0.10</span></div>` +
     `<div class="sp"></div>` +
     mathRow('baseline', s.baseline_input_weighted, '(cache-aware: cacheable×weight + cold_tail)') +
-    mathRow('actual', s.actual_input_weighted, '(input + cc×1.25 + cr×0.10 from usage)') +
+    mathRow('actual', s.actual_input_weighted, '(input + cc_5m×1.25 + cc_1h×2.0 + cr×0.10)') +
     mathRow('saved', s.saved_input_tokens, `<span class="op">=</span> baseline − actual`) +
     `<span class="src">output excluded — identical with/without compression</span>`;
 
diff --git a/src/dashboard/types.ts b/src/dashboard/types.ts
index 27338b72..92962264 100644
--- a/src/dashboard/types.ts
+++ b/src/dashboard/types.ts
@@ -31,6 +31,7 @@ export interface StatsPayload {
   compressed_minus_passthrough_avg_usd: number;
   split_sufficient_sample: boolean;
   split_min_sample_per_bucket: number;
+  /** Cache-tier-aware input-side dollar savings. */
   saved_usd: number;
   output_weighted: number;
   baseline_token_equivalent: number;
diff --git a/src/sessions.ts b/src/sessions.ts
index a436d393..9e798ccc 100644
--- a/src/sessions.ts
+++ b/src/sessions.ts
@@ -30,8 +30,8 @@ import * as crypto from 'node:crypto';
 import * as readline from 'node:readline';
 import type { TrackEvent } from './core/tracker.js';
 import {
-  computeActualInputEff,
-  computeBaselineInputEff,
+  computeActualInputEffWithCacheTier,
+  computeBaselineInputEffWithCacheTier,
   deriveBaselineWarmth,
 } from './core/baseline.js';
 
@@ -179,13 +179,17 @@ export async function aggregateSessions(
     // Events missing either probe stay out of the rollup — no estimation.
     const inp = ev.input_tokens ?? 0;
     const cc = ev.cache_create_tokens ?? 0;
+    const cc5m = ev.cache_create_5m_tokens;
+    const cc1h = ev.cache_create_1h_tokens ?? 0;
     const cr = ev.cache_read_tokens ?? 0;
     const haveUsage = inp > 0 || cc > 0 || cr > 0;
     const baseline = ev.baseline_tokens;
     if (
       typeof baseline === 'number' &&
       baseline > 0 &&
-      haveUsage
+      haveUsage &&
+      ev.compressed === true &&
+      (ev.baseline_probe_status === 'ok' || ev.baseline_probe_status === undefined)
     ) {
       const cacheable = ev.baseline_cacheable_tokens ?? 0;
       const prefixSha = ev.system_sha8;
@@ -202,7 +206,7 @@ export async function aggregateSessions(
         CACHE_TTL_SEC,
         prefixSha,
       );
-      const baselineEff = computeBaselineInputEff(
+      const baselineEff = computeBaselineInputEffWithCacheTier(
         baseline,
         cacheable,
         inp,
@@ -210,8 +214,10 @@ export async function aggregateSessions(
         cr,
         warm,
         prevCacheable,
+        cc1h,
+        cc5m,
       );
-      const actualEff = computeActualInputEff(inp, cc, cr);
+      const actualEff = computeActualInputEffWithCacheTier(inp, cc, cr, cc1h, cc5m);
       const tokensSaved = baselineEff - actualEff;
       s.tokensSavedEst += Math.round(tokensSaved);
       s.charsSaved += Math.round(tokensSaved * 4);
diff --git a/tests/baseline.test.ts b/tests/baseline.test.ts
index 2f83dc16..fce6481a 100644
--- a/tests/baseline.test.ts
+++ b/tests/baseline.test.ts
@@ -1,7 +1,9 @@
 import { describe, it, expect } from 'vitest';
 import {
   computeBaselineInputEff,
+  computeBaselineInputEffWithCacheTier,
   computeActualInputEff,
+  computeActualInputEffWithCacheTier,
   deriveBaselineWarmth,
   CACHE_CREATE_RATE,
   CACHE_READ_RATE,
@@ -67,6 +69,35 @@ describe('computeBaselineInputEff (warmth-aware)', () => {
     const warm = computeBaselineInputEff(5000, 4000, inp, cc, cr, true, 4000);
     expect(cold).toBeGreaterThan(warm);
   });
+
+  it('prices server-reported 1-hour cache writes at 2x on both sides', () => {
+    const actual = computeActualInputEffWithCacheTier(1000, 4000, 0, 4000);
+    const baseline = computeBaselineInputEffWithCacheTier(5000, 4000, 1000, 4000, 0, false, 0, 4000);
+    expect(actual).toBe(1000 + 4000 * 2);
+    expect(baseline).toBe(4000 * 2 + 1000);
+  });
+
+  it('uses the observed weighted rate for mixed 5-minute and 1-hour writes', () => {
+    const actual = computeActualInputEffWithCacheTier(1000, 4000, 0, 1000, 3000);
+    const baseline = computeBaselineInputEffWithCacheTier(
+      5000, 4000, 1000, 4000, 0, false, 0, 1000, 3000,
+    );
+    expect(actual).toBe(1000 + 3000 * 1.25 + 1000 * 2);
+    expect(baseline).toBe(1000 + 4000 * ((3000 * 1.25 + 1000 * 2) / 4000));
+  });
+
+  it('preserves zero savings on a probe miss with 1-hour writes', () => {
+    const actual = computeActualInputEffWithCacheTier(1000, 4000, 0, 4000, 0);
+    const baseline = computeBaselineInputEffWithCacheTier(
+      5000, 0, 1000, 4000, 0, false, 0, 4000, 0,
+    );
+    expect(baseline).toBe(actual);
+  });
+
+  it('uses both reported tiers and normalizes a mismatched split to aggregate writes', () => {
+    const actual = computeActualInputEffWithCacheTier(0, 4000, 0, 1000, 1000);
+    expect(actual).toBe(4000 * ((1000 * 1.25 + 1000 * 2) / 2000));
+  });
 });
 
 /**
diff --git a/tests/dashboard-api.test.ts b/tests/dashboard-api.test.ts
index edeff2b7..4e88df17 100644
--- a/tests/dashboard-api.test.ts
+++ b/tests/dashboard-api.test.ts
@@ -424,6 +424,61 @@ describe('GPT savings split', () => {
     expect(recent.recent.at(-1)!.session_saved_so_far_delta ?? 0).toBe(0);
   });
 
+  it('uses the Anthropic 1-hour cache-write split in dashboard savings', async () => {
+    setAllowedModelBases(['claude-fable-5']);
+    dash.update({
+      method: 'POST', path: '/v1/messages', model: 'claude-fable-5-20260609', status: 200,
+      durationMs: 1,
+      usage: {
+        input_tokens: 1000,
+        output_tokens: 0,
+        cache_creation_input_tokens: 2000,
+        cache_read_input_tokens: 0,
+        cache_creation: {
+          ephemeral_5m_input_tokens: 0,
+          ephemeral_1h_input_tokens: 2000,
+        },
+      },
+      info: {
+        compressed: true,
+        baselineTokens: 10000,
+        baselineCacheableTokens: 9000,
+        baselineProbeStatus: 'ok',
+        firstUserSha8: 'onehour',
+      },
+    } as never);
+
+    const stats = (await dash.serveStats().json()) as StatsPayload;
+    expect(stats.actual_input_weighted).toBe(5000);
+    expect(stats.baseline_input_weighted).toBe(19000);
+    expect(stats.saved_input_tokens).toBe(14000);
+    expect(stats.saved_usd).toBe(0.14);
+  });
+
+  it('replay() preserves Anthropic 1-hour cache-write accounting', async () => {
+    writeEvents(tmp, [
+      ev({
+        model: 'claude-fable-5-20260609',
+        compressed: true,
+        input_tokens: 1000,
+        cache_create_tokens: 2000,
+        cache_create_5m_tokens: 0,
+        cache_create_1h_tokens: 2000,
+        baseline_tokens: 10000,
+        baseline_cacheable_tokens: 9000,
+        baseline_probe_status: 'ok',
+        first_user_sha8: 'onehour-replay',
+      }),
+    ]);
+    await dash.replay(tmp.eventsFile);
+
+    const recent = (await dash.serveRecent().json()) as RecentPayload;
+    const row = recent.recent.at(-1)!;
+    expect(row.actual_input).toBe(5000);
+    expect(row.baseline_input).toBe(19000);
+    expect(row.session_saved_so_far_delta).toBe(14000);
+  });
+
   it('replay() reconstructs GPT recent rows byte-identically to the live path', async () => {
     writeEvents(tmp, [
       ev({
diff --git a/tests/sessions.test.ts b/tests/sessions.test.ts
index f4bb075f..97efebc3 100644
--- a/tests/sessions.test.ts
+++ b/tests/sessions.test.ts
@@ -214,6 +214,24 @@ describe('aggregateSessions', () => {
     expect(s.charsSaved).toBe(-6_775 * 4);
   });
 
+  it('excludes passthrough and failed-probe rows from session savings', async () => {
+    const measured = {
+      first_user_sha8: 'gatedrows',
+      baseline_tokens: 10_000,
+      baseline_cacheable_tokens: 9_000,
+      input_tokens: 1_000,
+      cache_create_tokens: 2_000,
+    } as const;
+    writeEvents(tmp, [
+      ev({ ...measured, compressed: false, baseline_probe_status: 'ok' }),
+      ev({ ...measured, compressed: true, baseline_probe_status: 'partial' }),
+      ev({ ...measured, compressed: true, baseline_probe_status: 'failed' }),
+    ]);
+
+    const { sessions } = await aggregateSessions(tmp);
+    expect(sessions.get('gatedrows')!.tokensSavedEst).toBe(0);
+  });
+
   it('prices text cold when the actual request has cache_read=0', async () => {
     // Turn 2 is 60s after turn 1, but cr=0 means the server did not report a
     // cache read for the actual request. The imagined text path gets the same