diff --git a/research/forward_ledger.jsonl b/research/forward_ledger.jsonl
index 5182168b..8d311200 100644
--- a/research/forward_ledger.jsonl
+++ b/research/forward_ledger.jsonl
@@ -52,3 +52,27 @@
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diff --git a/research/lag_paper_ledger.jsonl b/research/lag_paper_ledger.jsonl
new file mode 100644
index 00000000..69d46f4d
--- /dev/null
+++ b/research/lag_paper_ledger.jsonl
@@ -0,0 +1,140 @@
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diff --git a/research/oracle_paper_ledger.jsonl b/research/oracle_paper_ledger.jsonl
index cc1dd835..ddf86b2a 100644
--- a/research/oracle_paper_ledger.jsonl
+++ b/research/oracle_paper_ledger.jsonl
@@ -619,3 +619,2690 @@
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+{"asset": "103797758246633567479494374467701990005622005336377196128331125891844056309805", "cond": "0xadceac8dd1fc48822cdde73a415a509a1f733aa14361c9630d46a63dc695e531", "title": "Dogecoin Up or Down - July 25, 6:55PM-7:00PM ET", "kind": "sprint", "sym": "dogeusdt", "outcome": "Down", "up": false, "k1": null, "k2": null, "t0": 1785020100.0, "t1": 1785020400.0, "s0": 0.07201, "ts": 1785020126.371, "p_ref": 0.17, "fair": 0.5, "edge": 0.33, "sig": 8.881e-05, "cap": 0.1785, "price": 0.15, "best_ask": 0.15, "shares": 69.75, "cost": 10.46, "fee": 0.3139, "levels": 1, "partial": true, "latency_ms": 318, "clob_ck": 1785020609.0929186, "payout": 0.0, "source": "tick", "provisional": true, "settled_ts": 1785020670, "pnl": -10.77, "chain_payout": 0.0, "chain_pnl": -10.77, "flip": false}
+{"asset": "57913782059212276607393224546648402496971075966708256150739404663228678300097", "cond": "0x2e711a30af03378cde667b92774a91446d3c370b3e223a4227e5d122d6fc1112", "title": "Dogecoin Up or Down - July 25, 7:00PM-7:05PM ET", "kind": "sprint", "sym": "dogeusdt", "outcome": "Up", "up": true, "k1": null, "k2": null, "t0": 1785020400.0, "t1": 1785020700.0, "s0": 0.072, "ts": 1785020633.493, "p_ref": 0.13, "fair": 0.5, "edge": 0.37, "sig": 7.985e-05, "cap": 0.1365, "price": 0.09628, "best_ask": 0.07, "shares": 262.1, "cost": 25.23, "fee": 0.757, "levels": 7, "partial": true, "latency_ms": 234, "clob_ck": 1785021104.7782664, "payout": 0.0, "source": "clob", "provisional": true, "settled_ts": 1785021105, "pnl": -25.99, "chain_payout": 0.0, "chain_pnl": -25.99, "flip": false}
diff --git a/research/params/informed_set.json b/research/params/informed_set.json
index d9340174..aafabe5b 100644
--- a/research/params/informed_set.json
+++ b/research/params/informed_set.json
@@ -1,157 +1,157 @@
 {
- "generated_at": 1784819417,
- "as_of_tape_ts": 1784815198,
+ "generated_at": 1785020316,
+ "as_of_tape_ts": 1785009592,
  "method": "study_flow.informed_set FROZEN (top_n=150, z>=2.5, n>=6)",
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-  "0x209f44d8e117c9bc443a3cadae55e6ccc9cb0eb4",
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 }
\ No newline at end of file
diff --git a/research/surge_book.json b/research/surge_book.json
index a11fe5d3..f6e6633c 100644
--- a/research/surge_book.json
+++ b/research/surge_book.json
@@ -1,5 +1,5 @@
 {
- "computed_at": "2026-07-23 15:13 UTC",
+ "computed_at": "2026-07-25 23:22 UTC",
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@@ -9,22 +9,22 @@
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+ "settled": 164,
+ "wins": 94,
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-  "crater": 20,
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 }
\ No newline at end of file
diff --git a/research/surge_meas_ledger.jsonl b/research/surge_meas_ledger.jsonl
index 5bc1c5bb..40e5ca55 100644
--- a/research/surge_meas_ledger.jsonl
+++ b/research/surge_meas_ledger.jsonl
@@ -1342,3 +1342,7359 @@
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