diff --git a/test/fixtures/context-budget.json b/test/fixtures/context-budget.json
index d20fda828..78ac32b5d 100644
--- a/test/fixtures/context-budget.json
+++ b/test/fixtures/context-budget.json
@@ -2,64 +2,64 @@
   "_comment": "Context-budget ratchet ceilings (~tokens). Regenerate: bun test/helpers/capture-context-budget.ts. Headroom: alwaysOnTotal x1.05, eagerPerInvocation x1.1. Graded by test/context-budget-ratchet.test.ts via lib/context-bill.ts checkBudget.",
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diff --git a/test/fixtures/parity-baseline-v1.69.1.0.json b/test/fixtures/parity-baseline-v1.69.1.0.json
new file mode 100644
index 000000000..484a58139
--- /dev/null
+++ b/test/fixtures/parity-baseline-v1.69.1.0.json
@@ -0,0 +1,643 @@
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+      "hasPeriodicEval": false
+    },
+    "setup-gbrain": {
+      "skill": "setup-gbrain",
+      "skillMdBytes": 84706,
+      "skillMdLines": 1700,
+      "estTokens": 21177,
+      "tmplBytes": 48298,
+      "descriptionLen": 325,
+      "hasGateEval": true,
+      "hasPeriodicEval": false
+    },
+    "ship": {
+      "skill": "ship",
+      "skillMdBytes": 209656,
+      "skillMdLines": 1286,
+      "estTokens": 52414,
+      "tmplBytes": 29080,
+      "descriptionLen": 293,
+      "hasGateEval": true,
+      "hasPeriodicEval": true
+    },
+    "skillify": {
+      "skill": "skillify",
+      "skillMdBytes": 53482,
+      "skillMdLines": 1036,
+      "estTokens": 13371,
+      "tmplBytes": 15338,
+      "descriptionLen": 233,
+      "hasGateEval": true,
+      "hasPeriodicEval": false
+    },
+    "spec": {
+      "skill": "spec",
+      "skillMdBytes": 74800,
+      "skillMdLines": 1428,
+      "estTokens": 18700,
+      "tmplBytes": 32196,
+      "descriptionLen": 282,
+      "hasGateEval": true,
+      "hasPeriodicEval": false
+    },
+    "sync-gbrain": {
+      "skill": "sync-gbrain",
+      "skillMdBytes": 60303,
+      "skillMdLines": 1064,
+      "estTokens": 15076,
+      "tmplBytes": 23886,
+      "descriptionLen": 246,
+      "hasGateEval": false,
+      "hasPeriodicEval": false
+    },
+    "unfreeze": {
+      "skill": "unfreeze",
+      "skillMdBytes": 1504,
+      "skillMdLines": 49,
+      "estTokens": 376,
+      "tmplBytes": 1386,
+      "descriptionLen": 199,
+      "hasGateEval": false,
+      "hasPeriodicEval": false
+    }
+  }
+}
diff --git a/test/skill-size-budget.test.ts b/test/skill-size-budget.test.ts
index 313aad48e..3c61638f0 100644
--- a/test/skill-size-budget.test.ts
+++ b/test/skill-size-budget.test.ts
@@ -14,8 +14,13 @@
  * compares LIVE eval runs (tool calls, turns, cost); this one compares
  * static SKILL.md sizes. Both gate-tier.
  *
- * The baseline lives at test/fixtures/parity-baseline-v1.47.0.0.json,
- * captured by scripts/capture-baseline.ts before any Phase A work landed.
+ * The baseline lives at test/fixtures/parity-baseline-v1.69.1.0.json,
+ * re-captured 2026-08-25 during token-reduction Phase 1 (bash consolidation
+ * moved ~11-13KB of inline preamble bash per skill into bin/gstack-skill-start
+ * and bin/gstack-skill-end — a deliberate corpus-wide shrink; receipt:
+ * gstack-context-bill --diff in PR #2691). The prior v1.47.0.0 fixture stays
+ * on disk for history. Live pins at capture time: this test (shrink floor)
+ * and test/parity-suite.test.ts vs parity-baseline-v1.64.1.0.json (growth).
  *
  * Override:
  * - GSTACK_SIZE_BUDGET_RATIO=<n> changes the per-skill regression ratio.
@@ -37,7 +42,7 @@ import { logBudgetOverride } from './helpers/budget-override';
 import { CARVED_SKILLS } from './helpers/carve-guards';
 
 const REPO_ROOT = path.resolve(import.meta.dir, '..');
-const BASELINE_PATH = path.join(REPO_ROOT, 'test', 'fixtures', 'parity-baseline-v1.47.0.0.json');
+const BASELINE_PATH = path.join(REPO_ROOT, 'test', 'fixtures', 'parity-baseline-v1.69.1.0.json');
 
 // Default per-skill ratio is 1.50 (50% growth tolerance). Adjusted v1.52.0.0
 // (cathedral cap audit) from 1.05 → 1.50: a 5% ratio tripped on legitimate
@@ -57,11 +62,11 @@ interface Regression {
 }
 
 describe('SKILL.md size budget regression (gate, free)', () => {
-  test('parity-baseline-v1.47.0.0.json exists', () => {
+  test('parity-baseline-v1.69.1.0.json exists', () => {
     expect(fs.existsSync(BASELINE_PATH)).toBe(true);
   });
 
-  test('no skill exceeds v1.47.0.0 baseline size × ratio', () => {
+  test('no skill exceeds v1.69.1.0 baseline size × ratio', () => {
     const baseline: ParityBaseline = JSON.parse(fs.readFileSync(BASELINE_PATH, 'utf-8'));
     const current = captureBaseline({ repoRoot: REPO_ROOT });
 
@@ -157,7 +162,7 @@ describe('SKILL.md size budget regression (gate, free)', () => {
    * sectioned invariant in parity-harness.ts (minBytes on skeleton+sections).
    * Add the remaining three here as they carve.
    */
-  test('no skill shrinks past 80% of v1.47.0.0 baseline (catches accidental body strip)', () => {
+  test('no skill shrinks past 80% of v1.69.1.0 baseline (catches accidental body strip)', () => {
     const baseline: ParityBaseline = JSON.parse(fs.readFileSync(BASELINE_PATH, 'utf-8'));
     const current = captureBaseline({ repoRoot: REPO_ROOT });
     const MIN_RATIO = 0.80; // a skill at <80% of its v1.44 size signals mass-deletion