diff --git a/src/leveled_log.erl b/src/leveled_log.erl
index a10e641..f2306ce 100644
--- a/src/leveled_log.erl
+++ b/src/leveled_log.erl
@@ -104,6 +104,8 @@
         {info, "L0 completion confirmed and will transition to not pending"}},
     {"P0030",
         {warn, "We're doomed - intention recorded to destroy all files"}},
+    {"P0031",
+        {info, "Completion of update to levelzero"}},
     
     {"PC001",
         {info, "Penciller's clerk ~w started with owner ~w"}},
diff --git a/src/leveled_penciller.erl b/src/leveled_penciller.erl
index 431c501..3547342 100644
--- a/src/leveled_penciller.erl
+++ b/src/leveled_penciller.erl
@@ -219,6 +219,7 @@
                 levelzero_size = 0 :: integer(),
                 levelzero_maxcachesize :: integer(),
                 levelzero_cointoss = false :: boolean(),
+                levelzero_index, % may be none or an ETS table reference
                 
                 is_snapshot = false :: boolean(),
                 snapshot_fully_loaded = false :: boolean(),
@@ -369,14 +370,16 @@ handle_call({fetch, Key, Hash}, _From, State) ->
         fetch_mem(Key,
                     Hash,
                     State#state.manifest,
-                    State#state.levelzero_cache),
+                    State#state.levelzero_cache,
+                    State#state.levelzero_index),
         State};
 handle_call({check_sqn, Key, Hash, SQN}, _From, State) ->
     {reply,
         compare_to_sqn(fetch_mem(Key,
                                     Hash,
                                     State#state.manifest,
-                                    State#state.levelzero_cache),
+                                    State#state.levelzero_cache,
+                                    State#state.levelzero_index),
                         SQN),
         State};
 handle_call({fetch_keys, StartKey, EndKey, AccFun, InitAcc, MaxKeys},
@@ -417,6 +420,7 @@ handle_call({load_snapshot, {BookieIncrTree, MinSQN, MaxSQN}}, _From, State) ->
     {LedgerSQN, L0Size, L0Cache} = L0D,
     {reply, ok, State#state{levelzero_cache=L0Cache,
                                 levelzero_size=L0Size,
+                                levelzero_index=none,
                                 ledger_sqn=LedgerSQN,
                                 snapshot_fully_loaded=true}};
 handle_call({fetch_levelzero, Slot}, _From, State) ->
@@ -468,6 +472,7 @@ handle_cast({levelzero_complete, FN, StartKey, EndKey, Bloom}, State) ->
                             levelzero_pending=false,
                             levelzero_constructor=undefined,
                             levelzero_size=0,
+                            levelzero_index=leveled_pmem:new_index(),
                             manifest=UpdMan,
                             persisted_sqn=State#state.ledger_sqn}}.
 
@@ -560,7 +565,8 @@ start_from_file(PCLopts) ->
     InitState = #state{clerk=MergeClerk,
                         root_path=RootPath,
                         levelzero_maxcachesize=MaxTableSize,
-                        levelzero_cointoss=CoinToss},
+                        levelzero_cointoss=CoinToss,
+                        levelzero_index=leveled_pmem:new_index()},
     
     %% Open manifest
     ManifestPath = InitState#state.root_path ++ "/" ++ ?MANIFEST_FP ++ "/",
@@ -636,10 +642,13 @@ start_from_file(PCLopts) ->
 
 update_levelzero(L0Size, {PushedTree, MinSQN, MaxSQN},
                                                 LedgerSQN, L0Cache, State) ->
+    SW = os:timestamp(),
     Update = leveled_pmem:add_to_cache(L0Size,
                                         {PushedTree, MinSQN, MaxSQN},
                                         LedgerSQN,
                                         L0Cache),
+    leveled_pmem:add_to_index(PushedTree, State#state.levelzero_index),
+    
     {UpdMaxSQN, NewL0Size, UpdL0Cache} = Update,
     if
         UpdMaxSQN >= LedgerSQN ->
@@ -661,15 +670,20 @@ update_levelzero(L0Size, {PushedTree, MinSQN, MaxSQN},
                     false ->
                         true
                 end,
-            case {CacheTooBig, Level0Free, RandomFactor or CacheMuchTooBig} of
+            JitterCheck = RandomFactor or CacheMuchTooBig,
+            case {CacheTooBig, Level0Free, JitterCheck} of
                 {true, true, true}  ->
-                    L0Constructor = roll_memory(UpdState, false),        
+                    L0Constructor = roll_memory(UpdState, false),
+                    leveled_log:log_timer("P0031", [], SW),
                     UpdState#state{levelzero_pending=true,
                                     levelzero_constructor=L0Constructor};
                 _ ->
+                    leveled_log:log_timer("P0031", [], SW),
                     UpdState
             end;
+        
         NewL0Size == L0Size ->
+            leveled_log:log_timer("P0031", [], SW),
             State#state{levelzero_cache=L0Cache,
                         levelzero_size=L0Size,
                         ledger_sqn=LedgerSQN}
@@ -718,13 +732,21 @@ levelzero_filename(State) ->
     FileName.
 
 
-fetch_mem(Key, Hash, Manifest, L0Cache) ->
+
+fetch_mem(Key, Hash, Manifest, L0Cache, none) ->
     L0Check = leveled_pmem:check_levelzero(Key, Hash, L0Cache),
     case L0Check of
         {false, not_found} ->
             fetch(Key, Hash, Manifest, 0, fun leveled_sft:sft_get/2);
         {true, KV} ->
             KV
+    end;
+fetch_mem(Key, Hash, Manifest, L0Cache, L0Index) ->
+    case leveled_pmem:check_index(Hash, L0Index) of
+        true ->
+            fetch_mem(Key, Hash, Manifest, L0Cache, none);
+        false ->
+            fetch(Key, Hash, Manifest, 0, fun leveled_sft:sft_get/2)
     end.
 
 fetch(_Key, _Hash, _Manifest, ?MAX_LEVELS + 1, _FetchFun) ->
diff --git a/src/leveled_pmem.erl b/src/leveled_pmem.erl
index 5ba62aa..9f81c01 100644
--- a/src/leveled_pmem.erl
+++ b/src/leveled_pmem.erl
@@ -45,7 +45,10 @@
         add_to_cache/4,
         to_list/2,
         check_levelzero/3,
-        merge_trees/4
+        merge_trees/4,
+        add_to_index/2,
+        new_index/0,
+        check_index/2
         ]).      
 
 -include_lib("eunit/include/eunit.hrl").
@@ -69,6 +72,29 @@ add_to_cache(L0Size, {LevelMinus1, MinSQN, MaxSQN}, LedgerSQN, TreeList) ->
             end
     end.
 
+add_to_index(LevelMinus1, L0Index) ->
+    IndexAddFun =
+        fun({_K, V}) ->
+            {_, _, Hash, _} = leveled_codec:striphead_to_details(V),
+            case Hash of
+                no_lookup ->
+                    ok;
+                _ ->
+                    ets:insert(L0Index, {Hash})
+            end
+            end,
+    lists:foreach(IndexAddFun, leveled_skiplist:to_list(LevelMinus1)).
+
+new_index() ->
+    ets:new(l0index, [private, set]).
+
+check_index(Hash, L0Index) ->
+    case ets:lookup(L0Index, Hash) of
+        [{Hash}] ->
+            true;
+        [] ->
+            false
+    end.
 
 to_list(Slots, FetchFun) ->
     SW = os:timestamp(),