diff --git a/ui/litellm-dashboard/src/components/lens/investigations/live/LiveDrawer.tsx b/ui/litellm-dashboard/src/components/lens/investigations/live/LiveDrawer.tsx
index 6b55c0778e0..b3947522732 100644
--- a/ui/litellm-dashboard/src/components/lens/investigations/live/LiveDrawer.tsx
+++ b/ui/litellm-dashboard/src/components/lens/investigations/live/LiveDrawer.tsx
@@ -10,6 +10,7 @@ import type { Job, Review } from "../../model/types";
 import { ConclusionsPanel } from "./ConclusionsPanel";
 import { ModelName } from "./LiveStrip";
 import { TraceList } from "./TraceList";
+import { useLensMode } from "./useLensMode";
 
 const STATUS: Record<Job["status"], { label: string; tone: StatusTone }> = {
   queued: { label: "Queued", tone: "neutral" },
@@ -29,6 +30,7 @@ export function LiveDrawer({
   reviewed,
   reviews,
   now,
+  done,
   reading,
   groups,
   scope,
@@ -42,6 +44,7 @@ export function LiveDrawer({
   reviewed: number;
   reviews: readonly Review[];
   now: string | null;
+  done: string | null;
   reading: readonly InFlight[];
   groups: readonly Conclusion[];
   scope: string;
@@ -49,6 +52,8 @@ export function LiveDrawer({
 }) {
   const [group, setGroup] = useState<string | null>(null);
   const badge = STATUS[status];
+  const live = status === "queued" || status === "running";
+  const mode = useLensMode(live);
   return (
     <Sheet open={open} onOpenChange={(value) => !value && onClose()}>
       <SheetContent className="flex h-full w-full flex-col gap-0 data-[side=right]:sm:max-w-[min(1200px,94vw)]">
@@ -63,13 +68,14 @@ export function LiveDrawer({
           <section aria-label="Traces" className="min-h-0 overflow-y-auto border-b px-4 py-4 md:border-r md:border-b-0">
             <div className="mb-2 flex items-baseline justify-between gap-3 px-2">
               <h2 className={PANE_TITLE}>Traces</h2>
-              <span className="text-[11px] tabular-nums text-muted-foreground">
-                {now ?? `${reviewed} reviewed`}
+              <span className="inline-flex items-center gap-1.5 text-[11px] tabular-nums text-muted-foreground">
+                {now ?? done ?? `${reviewed} reviewed`}
+                {done && !now && <ModelName model={model} />}
                 {reviewed > reviews.length && reviews.length ? ` · showing latest ${reviews.length}` : ""}
               </span>
             </div>
-            {reviews.length || reading.length ? (
-              <TraceList reading={reading} reviews={reviews} model={model} group={group} />
+            {reviews.length || reading.length || status === "running" ? (
+              <TraceList reading={reading} reviews={reviews} model={model} group={group} mode={mode} nowLine={now} />
             ) : (
               <div className="flex flex-col gap-1 px-2 py-6 text-[12px] text-muted-foreground">
                 <p className="text-[13px] text-foreground">Waiting for the first trace…</p>
diff --git a/ui/litellm-dashboard/src/components/lens/investigations/live/LiveRun.tsx b/ui/litellm-dashboard/src/components/lens/investigations/live/LiveRun.tsx
index 0b9bffc0455..7c4a16365dd 100644
--- a/ui/litellm-dashboard/src/components/lens/investigations/live/LiveRun.tsx
+++ b/ui/litellm-dashboard/src/components/lens/investigations/live/LiveRun.tsx
@@ -5,6 +5,7 @@ import { useState } from "react";
 import { modelsUsed } from "../../model/inbox";
 import {
   analysisModel,
+  doneLine,
   conclusions,
   inFlight,
   issueCount,
@@ -80,6 +81,7 @@ export function LiveRun({
         reviews={reviews}
         now={job.status === "running" ? nowLine(job, reading.length) : null}
         reading={reading}
+        done={job.status === "completed" ? doneLine(job) : null}
         groups={conclusions(reviews, job.settings.checks)}
         scope={job.reviewed > reviews.length ? `From the latest ${reviews.length} of ${job.reviewed} reviewed traces` : ""}
         waiting={waiting}
diff --git a/ui/litellm-dashboard/src/components/lens/investigations/live/TraceList.tsx b/ui/litellm-dashboard/src/components/lens/investigations/live/TraceList.tsx
index 876158fa935..d502ab4794d 100644
--- a/ui/litellm-dashboard/src/components/lens/investigations/live/TraceList.tsx
+++ b/ui/litellm-dashboard/src/components/lens/investigations/live/TraceList.tsx
@@ -1,6 +1,6 @@
 "use client";
 
-import { useState } from "react";
+import { useLayoutEffect, useRef, useState } from "react";
 
 import { agoLabel } from "@/components/view_logs/TraceView/lensField";
 import { useNow } from "@/hooks/useNow";
@@ -12,6 +12,9 @@ import { ModelName } from "./LiveStrip";
 
 const LIMIT = 200;
 const RED = "text-[#e5484d]";
+const ROW = "grid h-9 w-full grid-cols-[0.75rem_minmax(0,8rem)_minmax(0,1fr)_auto] items-center gap-2 px-2 text-left text-[12px]";
+
+export type LensMode = "live" | "settling" | "off";
 
 function Expanded({ review }: { review: Review }) {
   const verdicts = review.verdicts.length
@@ -38,17 +41,12 @@ function Expanded({ review }: { review: Review }) {
   );
 }
 
-function ReadingRow({ item, model, now }: { item: InFlight; model: string; now: number }) {
+function ReadingRow({ item, now }: { item: InFlight; now: number }) {
   return (
-    <div className="grid w-full grid-cols-[0.75rem_minmax(0,8rem)_minmax(0,1fr)_auto] items-center gap-2 rounded-lg bg-muted px-2 py-2 text-[12px] ring-1 ring-border transition-colors duration-300">
+    <div className={ROW}>
       <span aria-label="reading" className="size-1.5 rounded-full bg-foreground motion-safe:animate-pulse" />
       <span className="truncate text-foreground">{item.agent || "trace"}</span>
-      <span className="flex min-w-0 items-center gap-2 text-muted-foreground">
-        <span className="inline-flex shrink-0 items-center rounded-md bg-background px-1.5 py-0.5 ring-1 ring-border">
-          <ModelName model={model} />
-        </span>
-        <span className="truncate font-mono text-[11px]">{item.trace_id.slice(0, 8)}</span>
-      </span>
+      <span className="truncate font-mono text-[11px] text-muted-foreground">{item.trace_id.slice(0, 8)}</span>
       <span className="text-[11px] tabular-nums text-muted-foreground">
         reading · {durationLabel(Math.max(0, now - Date.parse(item.started_at)))}
       </span>
@@ -56,61 +54,114 @@ function ReadingRow({ item, model, now }: { item: InFlight; model: string; now:
   );
 }
 
+function DoneRow({ review, now, open, onToggle }: { review: Review; now: number; open: boolean; onToggle: () => void }) {
+  const result = outcome(review);
+  return (
+    <>
+      <button type="button" aria-expanded={open} onClick={onToggle} className={cn(ROW, "rounded-lg hover:bg-muted/50")}>
+        <span
+          aria-label={result}
+          className={cn("size-1.5 rounded-full", result === "issue" ? "bg-[#e5484d]" : "bg-muted-foreground/40")}
+        />
+        <span className="truncate text-foreground">{review.agent || review.name}</span>
+        <span
+          className={cn(
+            "truncate motion-safe:animate-in motion-safe:fade-in motion-safe:duration-300",
+            result === "issue" ? RED : "text-muted-foreground",
+          )}
+        >
+          {shortVerdict(review)}
+        </span>
+        <span className="text-[11px] tabular-nums text-muted-foreground">
+          {durationLabel(review.duration_ms)} · {agoLabel(Date.parse(review.at), now)}
+        </span>
+      </button>
+      {open && <Expanded review={review} />}
+    </>
+  );
+}
+
+function useLensBox(target: string, layout: string) {
+  const list = useRef<HTMLDivElement>(null);
+  const [box, setBox] = useState<{ top: number; height: number } | null>(null);
+  useLayoutEffect(() => {
+    const nodes = [...(list.current?.querySelectorAll<HTMLElement>(`[data-lens="${target}"]`) ?? [])];
+    const first = nodes[0];
+    const last = nodes.at(-1);
+    setBox(first && last ? { top: first.offsetTop, height: last.offsetTop + last.offsetHeight - first.offsetTop } : null);
+  }, [target, layout]);
+  return { list, box };
+}
+
+function Lens({ box, model, mode }: { box: { top: number; height: number }; model: string; mode: LensMode }) {
+  return (
+    <div
+      aria-hidden="true"
+      className={cn(
+        "pointer-events-none absolute inset-x-0 top-0 rounded-xl bg-muted ring-1 ring-border",
+        "transition-[transform,height,opacity] duration-[250ms] ease-out motion-reduce:transition-none",
+        mode === "settling" && "opacity-0 duration-[400ms]",
+      )}
+      style={{ transform: `translateY(${box.top}px)`, height: box.height }}
+    >
+      <span className="absolute -top-2.5 right-3 inline-flex items-center rounded-full bg-background px-2 py-0.5 shadow-sm ring-1 ring-border">
+        <ModelName model={model} size="md" />
+      </span>
+    </div>
+  );
+}
+
 export function TraceList({
   reading,
   reviews,
   model,
   group,
+  mode,
+  nowLine,
 }: {
   reading: readonly InFlight[];
   reviews: readonly Review[];
   model: string;
   group: string | null;
+  mode: LensMode;
+  nowLine: string | null;
 }) {
   const now = useNow(reading.length ? 200 : 5000);
   const [expanded, setExpanded] = useState<string | null>(null);
   const rows = liveRows(reading, reviews, LIMIT).filter((row) => row.kind === "reading" || inGroup(row.review, group));
-  if (!rows.length) return <p className="px-2 py-2 text-[12px] text-muted-foreground">No traces in this group yet.</p>;
+  const inFlight = rows.some((row) => row.kind === "reading");
+  const target = inFlight ? "reading" : "slot";
+  const layout = `${expanded}|${rows.map((row) => `${row.kind}:${row.key}`).join(",")}`;
+  const { list, box } = useLensBox(target, layout);
+  const showSlot = mode === "live" && !inFlight;
   return (
-    <ol aria-label="Reviewed traces" className="flex flex-col">
-      {rows.map((row) => {
-        if (row.kind === "reading") {
-          return (
-            <li key={row.key} className="motion-safe:animate-in motion-safe:fade-in motion-safe:duration-150">
-              <ReadingRow item={row.item} model={model} now={now} />
-            </li>
-          );
-        }
-        const { review, key } = row;
-        const result = outcome(review);
-        const open = expanded === key;
-        return (
-          <li
-            key={key}
-            className="motion-safe:animate-in motion-safe:fade-in motion-safe:slide-in-from-top-1 motion-safe:duration-150"
-          >
-            <button
-              type="button"
-              aria-expanded={open}
-              onClick={() => setExpanded(open ? null : key)}
-              className="grid w-full grid-cols-[0.75rem_minmax(0,8rem)_minmax(0,1fr)_auto] items-center gap-2 rounded-lg px-2 py-2 text-left text-[12px] transition-colors duration-300 hover:bg-muted/50"
-            >
-              <span
-                aria-label={result}
-                className={cn("size-1.5 rounded-full", result === "issue" ? "bg-[#e5484d]" : "bg-muted-foreground/40")}
+    <div ref={list} className="relative pt-3">
+      {box && mode !== "off" && <Lens box={box} model={model} mode={mode} />}
+      {showSlot && nowLine && (
+        <div data-lens="slot" role="status" className={cn(ROW, "relative text-muted-foreground")}>
+          <span aria-hidden="true" className="size-1.5 rounded-full bg-foreground motion-safe:animate-pulse" />
+          <span className="col-span-3 truncate tabular-nums">{nowLine}</span>
+        </div>
+      )}
+      <ol aria-label="Reviewed traces" className="relative flex flex-col">
+        {rows.map((row) => (
+          <li key={row.key} data-lens={row.kind === "reading" ? "reading" : undefined}>
+            {row.kind === "reading" ? (
+              <ReadingRow item={row.item} now={now} />
+            ) : (
+              <DoneRow
+                review={row.review}
+                now={now}
+                open={expanded === row.key}
+                onToggle={() => setExpanded(expanded === row.key ? null : row.key)}
               />
-              <span className="truncate text-foreground">{review.agent || review.name}</span>
-              <span className={cn("truncate", result === "issue" ? RED : "text-muted-foreground")}>
-                {shortVerdict(review)}
-              </span>
-              <span className="text-[11px] tabular-nums text-muted-foreground">
-                {durationLabel(review.duration_ms)} · {agoLabel(Date.parse(review.at), now)}
-              </span>
-            </button>
-            {open && <Expanded review={review} />}
+            )}
           </li>
-        );
-      })}
-    </ol>
+        ))}
+      </ol>
+      {!rows.length && !showSlot && (
+        <p className="px-2 py-2 text-[12px] text-muted-foreground">No traces in this group yet.</p>
+      )}
+    </div>
   );
 }
diff --git a/ui/litellm-dashboard/src/components/lens/investigations/live/useLensMode.ts b/ui/litellm-dashboard/src/components/lens/investigations/live/useLensMode.ts
new file mode 100644
index 00000000000..ff350072f9b
--- /dev/null
+++ b/ui/litellm-dashboard/src/components/lens/investigations/live/useLensMode.ts
@@ -0,0 +1,23 @@
+"use client";
+
+import { useEffect, useState } from "react";
+
+import type { LensMode } from "./TraceList";
+
+const SETTLE_MS = 400;
+
+export function useLensMode(live: boolean): LensMode {
+  const [wasLive, setWasLive] = useState(live);
+  const [settled, setSettled] = useState(!live);
+  if (live && !wasLive) {
+    setWasLive(true);
+    setSettled(false);
+  }
+  useEffect(() => {
+    if (live || settled) return;
+    const timer = window.setTimeout(() => setSettled(true), SETTLE_MS);
+    return () => window.clearTimeout(timer);
+  }, [live, settled]);
+  if (live) return "live";
+  return settled ? "off" : "settling";
+}