diff --git a/src/lib/stats-cache.ts b/src/lib/stats-cache.ts
new file mode 100644
index 0000000..2a62592
--- /dev/null
+++ b/src/lib/stats-cache.ts
@@ -0,0 +1,83 @@
+import { fetchStats, type UsageStats } from "./stats";
+import { type LlamaSwapConfig } from "./util";
+
+const POLL_MS = 5000;
+const ACTIVITY_THROTTLE_MS = 2000;
+
+export type FetchFn = (cfg: LlamaSwapConfig, modelId: string) => Promise<UsageStats | null>;
+
+export class StatsCache {
+  private keys = new Set<string>();
+  private values = new Map<string, UsageStats | undefined>();
+  private listeners = new Set<() => void>();
+  private timer?: ReturnType<typeof setInterval>;
+  private throttleTimer?: ReturnType<typeof setTimeout>;
+  private lastRefresh = 0;
+
+  constructor(
+    private cfg: LlamaSwapConfig,
+    private fetchFn: FetchFn = fetchStats,
+    private pollMs = POLL_MS,
+    private throttleMs = ACTIVITY_THROTTLE_MS,
+  ) {}
+
+  setConfig(cfg: LlamaSwapConfig): void {
+    this.cfg = cfg;
+    this.values.clear();
+  }
+
+  register(key: string): void {
+    if (this.keys.has(key)) return;
+    this.keys.add(key);
+    if (!this.timer) {
+      void this.refresh();
+      this.timer = setInterval(() => void this.refresh(), this.pollMs);
+    }
+  }
+
+  unregister(key: string): void {
+    this.keys.delete(key);
+    this.values.delete(key);
+    if (this.keys.size === 0 && this.timer) {
+      clearInterval(this.timer);
+      this.timer = undefined;
+    }
+  }
+
+  get(key: string): UsageStats | undefined {
+    return this.values.get(key);
+  }
+
+  scheduleRefresh(): void {
+    const now = Date.now();
+    const wait = Math.max(0, this.throttleMs - (now - this.lastRefresh));
+    if (this.throttleTimer) clearTimeout(this.throttleTimer);
+    this.throttleTimer = setTimeout(() => {
+      this.throttleTimer = undefined;
+      void this.refresh();
+    }, wait);
+  }
+
+  async refresh(): Promise<void> {
+    this.lastRefresh = Date.now();
+    for (const key of this.keys) {
+      try {
+        const stats = await this.fetchFn(this.cfg, key);
+        if (stats) this.values.set(key, stats);
+      } catch {
+      }
+    }
+    this.emit();
+  }
+
+  onChange(listener: () => void): () => void {
+    this.listeners.add(listener);
+    return () => {
+      this.listeners.delete(listener);
+    };
+  }
+
+  private emit(): void {
+    for (const listener of this.listeners) listener();
+  }
+}
diff --git a/tests/stats-cache.test.ts b/tests/stats-cache.test.ts
new file mode 100644
index 0000000..d3e8fb4
--- /dev/null
+++ b/tests/stats-cache.test.ts
@@ -0,0 +1,85 @@
+import assert from "node:assert/strict";
+import { test } from "node:test";
+import { StatsCache, type FetchFn } from "../src/lib/stats-cache";
+import { type LlamaSwapConfig } from "../src/lib/util";
+
+const cfg: LlamaSwapConfig = { baseUrl: "http://x" };
+
+function stubFetch(result: unknown, counter: { count: number }): FetchFn {
+  return async () => {
+    counter.count++;
+    return result as never;
+  };
+}
+
+async function flush(): Promise<void> {
+  await new Promise((r) => setTimeout(r, 0));
+}
+
+test("register polls once immediately and caches the value", async () => {
+  const calls = { count: 0 };
+  const cache = new StatsCache(cfg, stubFetch({ totalRequests: 3, totalInputTokens: 1, totalOutputTokens: 2, genP95: 4 }, calls), 1000, 30);
+  cache.register("all");
+  await flush();
+  assert.equal(calls.count, 1);
+  assert.equal(cache.get("all")!.totalRequests, 3);
+  cache.unregister("all");
+});
+
+test("multiple keys are each polled", async () => {
+  const keys: string[] = [];
+  const cache = new StatsCache(
+    cfg,
+    async (_c, key) => {
+      keys.push(key);
+      return { totalRequests: 1, totalInputTokens: 1, totalOutputTokens: 1, genP95: 1 };
+    },
+    1000,
+    30,
+  );
+  cache.register("a");
+  cache.register("b");
+  await flush();
+  assert.deepEqual(keys.sort(), ["a", "b"]);
+  cache.unregister("a");
+  cache.unregister("b");
+});
+
+test("unregister stops the interval and clears the value", async () => {
+  const calls = { count: 0 };
+  const cache = new StatsCache(cfg, stubFetch({ totalRequests: 1, totalInputTokens: 1, totalOutputTokens: 1, genP95: 1 }, calls), 10, 30);
+  cache.register("a");
+  await flush();
+  assert.equal(calls.count, 1);
+  cache.unregister("a");
+  await new Promise((r) => setTimeout(r, 40));
+  assert.equal(cache.get("a"), undefined);
+  assert.equal(calls.count, 1);
+});
+
+test("scheduleRefresh throttles to one poll per window", async () => {
+  const calls = { count: 0 };
+  const cache = new StatsCache(cfg, stubFetch({ totalRequests: 1, totalInputTokens: 1, totalOutputTokens: 1, genP95: 1 }, calls), 10000, 30);
+  cache.register("a");
+  await flush();
+  const before = calls.count;
+  cache.scheduleRefresh();
+  cache.scheduleRefresh();
+  cache.scheduleRefresh();
+  await flush();
+  assert.equal(calls.count, before);
+  await new Promise((r) => setTimeout(r, 60));
+  assert.equal(calls.count, before + 1);
+  cache.unregister("a");
+});
+
+test("fetch failure keeps the last-known value", async () => {
+  const fail: FetchFn = async () => {
+    throw new Error("boom");
+  };
+  const cache = new StatsCache(cfg, fail, 10000, 30);
+  cache.register("a");
+  await flush();
+  assert.equal(cache.get("a"), undefined);
+  cache.unregister("a");
+});