diff --git a/crates/aura-cli/tests/cli_run.rs b/crates/aura-cli/tests/cli_run.rs
index e344ca5..ed92317 100644
--- a/crates/aura-cli/tests/cli_run.rs
+++ b/crates/aura-cli/tests/cli_run.rs
@@ -5222,3 +5222,59 @@ fn exit_codes_partition_usage_two_from_runtime_one() {
         "no data for a valid command is a runtime failure → 1; stderr: {}",
         String::from_utf8_lossy(&runtime.stderr));
 }
+
+/// Characterization pin (byte-identity anchor for the mc R-bootstrap dissolution,
+/// #210, the last verb). The current `aura mc --strategy r-sma --real` runs the
+/// inline rolling walk-forward, pools the per-window OOS trade-R series, and
+/// r-bootstraps E[R] (`mc_r_bootstrap_report`). The dissolution reroutes this
+/// through the campaign `[std::sweep(argmax), std::walk_forward, std::monte_carlo]`
+/// process, whose terminal monte_carlo stage does the identical
+/// `StageBootstrap::PooledOos(r_bootstrap(...))` seeded from the campaign seed -- so
+/// the campaign seed must carry the mc `--seed`. The wf winners are
+/// deflation-seed-independent (argmax), so the pooled series, and thus the
+/// bootstrap, is stable across that seed remap (the walkforward anchor already
+/// proved winner seed-independence). The multi-point grid makes the per-window
+/// winner selection non-degenerate. This pins the EXACT current bootstrap grade of
+/// a fixed 2025 GER40 invocation; after the dissolution the same command must
+/// reproduce these bytes (the acceptance gate). Gated on the GER40 archive; skips
+/// cleanly on a data refusal.
+#[test]
+fn mc_r_bootstrap_real_e2e_pins_the_exact_current_grade() {
+    const FROM_MS: &str = "1735689600000";
+    const TO_MS: &str = "1767225599000";
+    let cwd = temp_cwd("mc-r-bootstrap-exact-grade");
+    let out = std::process::Command::new(env!("CARGO_BIN_EXE_aura"))
+        .args([
+            "mc", "--strategy", "r-sma", "--real", "GER40",
+            "--fast", "3,5", "--slow", "12,20", "--stop-length", "14", "--stop-k", "2.0",
+            "--block-len", "5", "--resamples", "1000", "--seed", "42",
+            "--from", FROM_MS, "--to", TO_MS,
+        ])
+        .current_dir(&cwd)
+        .output()
+        .expect("spawn aura");
+    if out.status.code() == Some(1) {
+        let stderr = String::from_utf8_lossy(&out.stderr);
+        assert!(
+            stderr.contains("no local data") || stderr.contains("no recorded geometry"),
+            "exit 1 must be a data refusal, got: {stderr}"
+        );
+        eprintln!("skip: no local GER40 data");
+        return;
+    }
+    assert_eq!(out.status.code(), Some(0), "exit: {:?}", out.status);
+    let stdout = String::from_utf8(out.stdout).expect("utf-8 stdout");
+    let grade_line = stdout
+        .lines()
+        .find(|l| l.starts_with("{\"mc_r_bootstrap\":"))
+        .unwrap_or_else(|| panic!("the mc_r_bootstrap grade line: {stdout}"));
+    let v: serde_json::Value = serde_json::from_str(grade_line).expect("grade line parses as JSON");
+    let mc = &v["mc_r_bootstrap"];
+    assert_eq!(mc["block_len"].as_u64(), Some(5), "block_len: {grade_line}");
+    assert_eq!(mc["n_resamples"].as_u64(), Some(1000), "n_resamples: {grade_line}");
+    assert_eq!(mc["n_trades"].as_u64(), Some(20681), "pooled OOS trade count: {grade_line}");
+    // EXACT bootstrap floats -- the byte-identity anchor the dissolution must preserve.
+    assert_eq!(mc["e_r"]["mean"].as_f64(), Some(-0.0025753095301594307), "E[R] mean: {grade_line}");
+    assert_eq!(mc["e_r"]["p50"].as_f64(), Some(-0.0023049902245975227), "E[R] median: {grade_line}");
+    assert_eq!(mc["prob_le_zero"].as_f64(), Some(0.558), "P(E[R] <= 0): {grade_line}");
+}