diff --git a/hooks/scripts/otel-export.mjs b/hooks/scripts/otel-export.mjs
index d36f46a..d45a8d4 100644
--- a/hooks/scripts/otel-export.mjs
+++ b/hooks/scripts/otel-export.mjs
@@ -17,6 +17,7 @@
 //   - All stderr prefixed with [voyage].
 //   - EXDEV mitigation: tmp file in same dir as target (do NOT use atomicWriteJson).
 
+import { stdin } from 'node:process';
 import { readFileSync, existsSync, writeFileSync, renameSync } from 'node:fs';
 import { join, dirname } from 'node:path';
 import { transformToPrometheus } from '../../lib/exporters/textfile-format.mjs';
@@ -24,6 +25,13 @@ import { transformToOtlpJson } from '../../lib/exporters/otlp-format.mjs';
 import { validateTextfilePath } from '../../lib/exporters/path-validator.mjs';
 import { validateOtlpEndpoint } from '../../lib/exporters/endpoint-validator.mjs';
 import { applyFieldAllowlist } from '../../lib/exporters/field-allowlist.mjs';
+import { captureTokenUsage } from '../../lib/stats/token-usage.mjs';
+
+async function readStdin() {
+  let data = '';
+  for await (const chunk of stdin) data += chunk;
+  return data;
+}
 
 const VALID_MODES = new Set(['off', 'textfile', 'otlp']);
 const TEXTFILE_NAME = 'voyage.prom';
@@ -38,6 +46,7 @@ const STATS_FILES = [
   { file: 'trekexecute-stats.jsonl', schema: 'trekexecute' },
   { file: 'trekreview-stats.jsonl', schema: 'trekreview' },
   { file: 'trekcontinue-stats.jsonl', schema: 'trekcontinue' },
+  { file: 'token-usage-stats.jsonl', schema: 'token-usage' },
 ];
 
 function loadAndAllowlist(dataDir) {
@@ -134,6 +143,26 @@ async function exportOtlp(records, env) {
 (async () => {
   try {
     const env = process.env;
+
+    // SKAL-2: opt-in main-context token/cost capture (default off → zero added
+    // latency). Rides this existing Stop hook rather than a new hook script —
+    // avoids a second-Stop-hook race and keeps the README hook-count pin intact.
+    // Runs BEFORE the export-mode gate so capture is independent of export.
+    // Fail-open: any error is swallowed; capture must never block Stop.
+    if (env.VOYAGE_TOKEN_METER) {
+      try {
+        const raw = await readStdin();
+        if (raw.trim()) {
+          const payload = JSON.parse(raw);
+          captureTokenUsage({
+            transcriptPath: payload.transcript_path,
+            sessionId: payload.session_id,
+            dataDir: env.CLAUDE_PLUGIN_DATA,
+          });
+        }
+      } catch { /* fail-open: never block Stop, never throw */ }
+    }
+
     const mode = (env.VOYAGE_EXPORT_MODE || 'off').toLowerCase();
 
     if (mode === 'off') return;
diff --git a/lib/stats/token-usage.mjs b/lib/stats/token-usage.mjs
index 72036ab..229da4f 100644
--- a/lib/stats/token-usage.mjs
+++ b/lib/stats/token-usage.mjs
@@ -15,11 +15,15 @@
 // main-transcript sum UNDER-counts total Voyage cost. Every record is stamped
 // scope:'main-context' so no reader mistakes cost_usd for the session total.
 //
-// All functions in this module are PURE (no I/O). The impure capture shell
-// (captureTokenUsage) is added in Step 4.
+// The four core functions (parseTranscriptUsage, deriveCost, buildRecord,
+// upsertSessionRecord) are PURE (no I/O). captureTokenUsage is the impure
+// shell that wires them to the filesystem (read transcript → upsert jsonl).
 //
 // Zero npm dependencies. Node stdlib only.
 
+import { readFileSync, existsSync, writeFileSync, renameSync, statSync } from 'node:fs';
+import { join, dirname } from 'node:path';
+
 // Per-Mtok USD prices, resolved 2026-06-26 via the claude-api skill reference:
 // base input/output from the model table; cache rates from the prompt-caching
 // doc multipliers (cache_read 0.1x, write_5m 1.25x, write_1h 2.0x of input).
@@ -159,3 +163,64 @@ export function upsertSessionRecord(existingText, record) {
   if (!replaced) out.push(JSON.stringify(record));
   return out.join('\n') + '\n';
 }
+
+/**
+ * Last main-chain (non-sidechain) assistant model in the transcript. Used to
+ * pick the price-table key. Returns null when no model is found (→ deriveCost
+ * refuses to estimate). Pure.
+ */
+export function lastMainChainModel(text) {
+  const lines = (text || '').split('\n');
+  let model = null;
+  for (const line of lines) {
+    const trimmed = line.trim();
+    if (trimmed === '') continue;
+    let obj;
+    try { obj = JSON.parse(trimmed); }
+    catch { continue; }
+    if (!obj || obj.type !== 'assistant' || obj.isSidechain === true) continue;
+    const m = obj.message && obj.message.model;
+    if (typeof m === 'string' && m) model = m;
+  }
+  return model;
+}
+
+/**
+ * Impure capture shell (Step 4). Reads the transcript, derives main-context
+ * token totals + cost, and UPSERTS a one-line-per-session record into
+ * {dataDir}/token-usage-stats.jsonl via an atomic temp+rename write
+ * (EXDEV mitigation: tmp lives in the same dir as the target).
+ *
+ * Returns the written record, or null when skipped (no path / no dataDir /
+ * transcript not a readable regular file). Throws propagate to the caller —
+ * the Stop hook wraps this in try/catch so capture stays fail-open.
+ *
+ * @param {{transcriptPath:string, sessionId:string, dataDir:string,
+ *          now?:string}} args
+ */
+export function captureTokenUsage({ transcriptPath, sessionId, dataDir, now }) {
+  if (!transcriptPath || !dataDir) return null;
+  let st;
+  try { st = statSync(transcriptPath); }
+  catch { return null; }
+  if (!st.isFile()) return null;
+
+  const text = readFileSync(transcriptPath, 'utf-8');
+  const totals = parseTranscriptUsage(text);
+  const model = lastMainChainModel(text);
+  const record = buildRecord({
+    sessionId,
+    model,
+    totals,
+    now: now || new Date().toISOString(),
+  });
+
+  const outPath = join(dataDir, 'token-usage-stats.jsonl');
+  const existing = existsSync(outPath) ? readFileSync(outPath, 'utf-8') : '';
+  const updated = upsertSessionRecord(existing, record);
+
+  const tmpPath = join(dirname(outPath), '.token-usage-stats.jsonl.tmp');
+  writeFileSync(tmpPath, updated);
+  renameSync(tmpPath, outPath);
+  return record;
+}
diff --git a/tests/hooks/otel-export-token-capture.test.mjs b/tests/hooks/otel-export-token-capture.test.mjs
new file mode 100644
index 0000000..3fdb1da
--- /dev/null
+++ b/tests/hooks/otel-export-token-capture.test.mjs
@@ -0,0 +1,147 @@
+// tests/hooks/otel-export-token-capture.test.mjs
+// SKAL-2 Step 4 — opt-in main-context token/cost capture folded into the Stop
+// hook (otel-export.mjs), gated by VOYAGE_TOKEN_METER.
+//
+// Fail-open contract: any error → exit 0, no token file, Stop never blocked.
+// Pattern: tests/hooks/otel-export.test.mjs (setupDataDir + runHookWithEnv).
+
+import { test } from 'node:test';
+import { strict as assert } from 'node:assert';
+import { mkdtempSync, rmSync, existsSync, readFileSync, writeFileSync } from 'node:fs';
+import { join, dirname } from 'node:path';
+import { tmpdir } from 'node:os';
+import { fileURLToPath } from 'node:url';
+import { runHookWithEnv } from '../helpers/hook-helper.mjs';
+
+const HERE = dirname(fileURLToPath(import.meta.url));
+const HOOK_PATH = join(HERE, '..', '..', 'hooks', 'scripts', 'otel-export.mjs');
+const FIXTURE = join(HERE, '..', 'fixtures', 'token-usage', 'sample-transcript.jsonl');
+const TOKEN_FILE = 'token-usage-stats.jsonl';
+
+const mkDataDir = () => mkdtempSync(join(tmpdir(), 'voyage-token-capture-'));
+const stdinFor = (extra = {}) => JSON.stringify({ transcript_path: FIXTURE, session_id: 'sess-1', ...extra });
+const readToken = (dir) => readFileSync(join(dir, TOKEN_FILE), 'utf-8').trim().split('\n').filter(Boolean).map(JSON.parse);
+
+test('VOYAGE_TOKEN_METER=1 → writes token-usage-stats.jsonl with expected totals + scope:main-context', async () => {
+  const dir = mkDataDir();
+  try {
+    const r = await runHookWithEnv(HOOK_PATH, stdinFor(), {
+      VOYAGE_TOKEN_METER: '1',
+      VOYAGE_EXPORT_MODE: 'off',
+      CLAUDE_PLUGIN_DATA: dir,
+    });
+    assert.equal(r.code, 0);
+    assert.equal(existsSync(join(dir, TOKEN_FILE)), true, 'token file must be written');
+    const recs = readToken(dir);
+    assert.equal(recs.length, 1);
+    const rec = recs[0];
+    // Fixture totals: dedup-by-requestId + sidechain-exclusion (verified in Step 1).
+    assert.equal(rec.tokens_input, 3000);
+    assert.equal(rec.tokens_output, 500);
+    assert.equal(rec.tokens_cache_creation, 1000);
+    assert.equal(rec.tokens_cache_read, 6000);
+    assert.equal(rec.scope, 'main-context');
+    assert.equal(rec.model, 'claude-opus-4-8');
+    assert.ok(Math.abs(rec.cost_usd - 0.03675) < 1e-9, `cost ${rec.cost_usd}`);
+    assert.equal(rec.session_id, 'sess-1');
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});
+
+test('UPSERT — running twice for the same session_id keeps ONE line (not two)', async () => {
+  const dir = mkDataDir();
+  try {
+    const env = { VOYAGE_TOKEN_METER: '1', VOYAGE_EXPORT_MODE: 'off', CLAUDE_PLUGIN_DATA: dir };
+    await runHookWithEnv(HOOK_PATH, stdinFor(), env);
+    const r2 = await runHookWithEnv(HOOK_PATH, stdinFor(), env);
+    assert.equal(r2.code, 0);
+    const recs = readToken(dir);
+    assert.equal(recs.length, 1, 'upsert must NOT append a second line for the same session');
+    assert.equal(recs[0].tokens_input, 3000);
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});
+
+test('UPSERT — distinct session_ids append (one line per session)', async () => {
+  const dir = mkDataDir();
+  try {
+    const env = { VOYAGE_TOKEN_METER: '1', VOYAGE_EXPORT_MODE: 'off', CLAUDE_PLUGIN_DATA: dir };
+    await runHookWithEnv(HOOK_PATH, stdinFor({ session_id: 'A' }), env);
+    await runHookWithEnv(HOOK_PATH, stdinFor({ session_id: 'B' }), env);
+    const recs = readToken(dir);
+    assert.equal(recs.length, 2);
+    assert.deepEqual(recs.map(r => r.session_id).sort(), ['A', 'B']);
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});
+
+test('OPT-IN — VOYAGE_TOKEN_METER unset → NO token file written', async () => {
+  const dir = mkDataDir();
+  try {
+    const r = await runHookWithEnv(HOOK_PATH, stdinFor(), {
+      VOYAGE_TOKEN_METER: '', // explicit empty mimics unset
+      VOYAGE_EXPORT_MODE: 'off',
+      CLAUDE_PLUGIN_DATA: dir,
+    });
+    assert.equal(r.code, 0);
+    assert.equal(existsSync(join(dir, TOKEN_FILE)), false, 'no token file without opt-in');
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});
+
+test('FAIL-OPEN — malformed stdin → exit 0, no token file, no throw', async () => {
+  const dir = mkDataDir();
+  try {
+    const r = await runHookWithEnv(HOOK_PATH, 'not valid json {{{', {
+      VOYAGE_TOKEN_METER: '1',
+      VOYAGE_EXPORT_MODE: 'off',
+      CLAUDE_PLUGIN_DATA: dir,
+    });
+    assert.equal(r.code, 0);
+    assert.equal(existsSync(join(dir, TOKEN_FILE)), false);
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});
+
+test('FAIL-OPEN — missing transcript file → exit 0, no token file', async () => {
+  const dir = mkDataDir();
+  try {
+    const r = await runHookWithEnv(
+      HOOK_PATH,
+      JSON.stringify({ transcript_path: '/no/such/transcript.jsonl', session_id: 'x' }),
+      { VOYAGE_TOKEN_METER: '1', VOYAGE_EXPORT_MODE: 'off', CLAUDE_PLUGIN_DATA: dir },
+    );
+    assert.equal(r.code, 0);
+    assert.equal(existsSync(join(dir, TOKEN_FILE)), false);
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});
+
+test('capture coexists with export — VOYAGE_TOKEN_METER=1 + textfile mode writes BOTH', async () => {
+  const dir = mkDataDir();
+  try {
+    // Seed a stats file so the export path has something to write.
+    writeFileSync(join(dir, 'trekplan-stats.jsonl'),
+      JSON.stringify({ ts: '2026-06-26T08:00:00.000Z', slug: 't', mode: 'default', codebase_files: 10, profile: 'premium' }) + '\n');
+    const r = await runHookWithEnv(HOOK_PATH, stdinFor(), {
+      VOYAGE_TOKEN_METER: '1',
+      VOYAGE_EXPORT_MODE: 'textfile',
+      CLAUDE_PLUGIN_DATA: dir,
+    });
+    assert.equal(r.code, 0);
+    assert.equal(existsSync(join(dir, TOKEN_FILE)), true, 'token file written');
+    assert.equal(existsSync(join(dir, 'voyage.prom')), true, 'export still completed');
+    // The exported textfile should now also carry the token metric (STATS_FILES wiring).
+    const prom = readFileSync(join(dir, 'voyage.prom'), 'utf-8');
+    assert.match(prom, /voyage_token_usage_tokens_input/);
+    assert.ok(!prom.includes('sess-1'), 'session_id must not leak into export (CWE-212)');
+  } finally {
+    rmSync(dir, { recursive: true, force: true });
+  }
+});