diff --git a/next.config.js b/next.config.js
index 7a68294..d0f2ba4 100644
--- a/next.config.js
+++ b/next.config.js
@@ -39,12 +39,21 @@ module.exports = {
           },
         ],
       },
+      {
+        source: '/api/holdings/:kind',
+        headers: [
+          {
+            key: "Cache-Control",
+            value: "public; max-age=30, stale-while-revalidate=360",
+          },
+        ],
+      },
       {
         source: '/api/:any',
         headers: [
           {
             key: "Cache-Control",
-            value: "public; max-age=10, stale-while-revalidate=20",
+            value: "public; max-age=5, stale-while-revalidate=20",
           },
         ],
       },
diff --git a/src/components/Amount.tsx b/src/components/Amount.tsx
index 5f6fc42..8b0ccb6 100644
--- a/src/components/Amount.tsx
+++ b/src/components/Amount.tsx
@@ -1,6 +1,7 @@
 import { css } from '@emotion/react'
 import { BreakPoints } from 'src/components/styles'
 import colors from './colors'
+import { loadingStyle } from './loadingKeyframes'
 interface AmountProps {
   label: string
   units: number
@@ -20,7 +21,7 @@ export default function Amount({iconSrc, label, units, gridArea, context, value,
         {iconSrc && <img width={30} height={30} src={iconSrc} css={iconStyle} alt="" />}
         <p id={id} css={labelCss}><abbr css={abbrCSS} title={context}>{label}</abbr></p>
       </div>
-      <span aria-labelledby={id} css={css(!loading && value ? secondaryNumberStyle : numberStyle, loading && notShowing )}>{display}</span>
+      <span aria-labelledby={id} css={css(!loading && value ? secondaryNumberStyle : numberStyle, loading && amountLoadingStyle )}>{display}</span>
       <DollarDisplay css={primaryNumberStyle} value={value} loading={loading} label={label}  />
     </div>
   )
@@ -36,7 +37,7 @@ interface DollarDisplayProps {
 export function DollarDisplay({value, loading, label, className}: DollarDisplayProps) {
   const displayValue = value && Math.round(value).toLocaleString()
 
-  return  <span className={className} aria-label={`Value of ${label} in USD`} css={css(dollarValueStyle, loading && notShowing)}>
+  return  <span className={className} aria-label={`Value of ${label} in USD`} css={css(dollarValueStyle, loading && amountLoadingStyle)}>
   {loading ? " ": !!value && `$${displayValue}`}
 </span>
 }
@@ -46,11 +47,14 @@ const abbrCSS = css({
   cursor: "help"
 })
 
-const notShowing = css({
-  opacity: 0,
-  minHeight: "1.15em"
+const amountLoadingStyle = css(loadingStyle, {
+  backgroundColor: colors.gray,
+  borderTopRightRadius: 6,
+  color: "transparent",
+  minHeight: "1.1em",
 })
 
+
 const labelCss = css({
   textAlign: "left",
   alignItems: "flex-end",
diff --git a/src/components/Holdings.tsx b/src/components/Holdings.tsx
index ca67449..54bd5b6 100644
--- a/src/components/Holdings.tsx
+++ b/src/components/Holdings.tsx
@@ -1,36 +1,16 @@
 
 import { css } from '@emotion/react'
-import useSWR from "swr"
 import Amount, { DollarDisplay } from 'src/components/Amount'
 import Heading from 'src/components/Heading'
 import { BreakPoints } from 'src/components/styles'
 import PieChart,{ChartData} from 'src/components/PieChart'
 import { HoldingsApi} from "src/service/holdings"
 import Head from 'next/head'
-import { Tokens} from "src/service/Data"
-import { fetcher } from 'src/utils/fetcher'
 import { skipZeros } from 'src/utils/skipZeros'
 import { Updated } from 'src/components/Updated'
 import Section from 'src/components/Section'
 import { sumTotalHoldings } from './sumTotalHoldings'
-
-const initalToken = {
-  value: 0,
-  units: 0,
-  hasError: false,
-  token: "CELO" as Tokens,
-  updated: 0
-}
-
-const INITAL_DATA: HoldingsApi = {
-  celo: {
-    custody: initalToken,
-    unfrozen: initalToken,
-    frozen: initalToken
-  },
-  otherAssets: []
-}
-
+import useHoldings from 'src/hooks/useHoldings'
 
 export function sumCeloTotal(holdings: HoldingsApi) {
   const { custody, frozen, unfrozen } = holdings.celo
@@ -70,34 +50,36 @@ function findOldestValueUpdatedAt(data?: HoldingsApi): number {
 }
 
 export default function Holdings() {
-  const {data} = useSWR<HoldingsApi>("/api/holdings", fetcher, {initialData: INITAL_DATA, revalidateOnMount: true})
+  const {data} =  useHoldings()
   const percentages = getPercents(data)
-  const isLoading = data.otherAssets.length === 0
-  const celo = data.celo
+  const isLoadingCelo = data.celo.frozen.updated  === 0 || data.celo.unfrozen.updated  === 0
+  const isLoadingOther = !data.otherAssets.findIndex((coin) => coin.updated === 0)
   const oldestUpdate = findOldestValueUpdatedAt(data)
+  const celo = data.celo
   return (
     <Section
       title={'Current Reserve Holdings'}
       subHeading={
         <>
-          <DollarDisplay loading={isLoading} label="Liquidity" value={sumTotalHoldings(data)} />
+          <DollarDisplay loading={isLoadingCelo || isLoadingOther} label="Liquidity" value={sumTotalHoldings(data)} />
           <Updated date={oldestUpdate} />
         </>
       }
     >
       <Head>
-        <link rel="preload" href="/api/holdings" as="fetch" crossOrigin="anonymous"/>
+        <link rel="preload" href="/api/holdings/celo" as="fetch" crossOrigin="anonymous"/>
+        <link rel="preload" href="/api/holdings/other" as="fetch" crossOrigin="anonymous"/>
       </Head>
       <div css={rootStyle}>
         <Heading title="CELO" gridArea="celo" />
-        <Amount iconSrc={"/assets/tokens/CELO.svg"} context="Funds frozen in on-chain Reserve contract" loading={isLoading} label="Frozen" units={celo.frozen.units} value={celo.frozen.value} gridArea="frozen" />
-        <Amount iconSrc={"/assets/tokens/CELO.svg"} context="Funds in on-chain Reserve contract and in custody" loading={isLoading} label="Unfrozen" units={celo.unfrozen.units + celo.custody.units} value={celo.unfrozen.value + celo.custody.value} gridArea="unfrozen" />
+        <Amount iconSrc={"/assets/tokens/CELO.svg"} context="Funds frozen in on-chain Reserve contract" loading={isLoadingCelo} label="Frozen" units={celo.frozen.units} value={celo.frozen.value} gridArea="frozen" />
+        <Amount iconSrc={"/assets/tokens/CELO.svg"} context="Funds in on-chain Reserve contract and in custody" loading={isLoadingCelo} label="Unfrozen" units={celo.unfrozen.units + celo.custody.units} value={celo.unfrozen.value + celo.custody.value} gridArea="unfrozen" />
         <Heading title="Non-CELO Crypto Assets" gridArea="crypto" marginTop={30} />
         {data?.otherAssets?.filter(skipZeros)?.map(asset => (
-          <Amount key={asset.token} loading={isLoading} label={asset.token} units={asset.units} value={asset.value} gridArea={""} />
+          <Amount key={asset.token} loading={isLoadingOther} label={asset.token} units={asset.units} value={asset.value} gridArea={""} />
         ))}
       </div>
-      <PieChart label={"Current Composition"} slices={percentages} isLoading={isLoading} />
+      <PieChart label={"Current Composition"} slices={percentages} isLoading={isLoadingCelo || isLoadingOther} />
     </Section>
   )
 }
@@ -106,12 +88,14 @@ const rootStyle = css({
   display: 'grid',
   gridColumnGap: 20,
   gridRowGap: 12,
+  gridAutoColumns: "1fr 1fr 1fr",
   gridTemplateAreas: `"celo celo celo"
                     "frozen unfrozen unfrozen"
                     "crypto crypto crypto"
                     "btc eth dai"
                     `,
   [BreakPoints.tablet]: {
+    gridAutoColumns: "1fr",
     gridTemplateAreas: `"celo"
                         "frozen"
                         "unfrozen"
diff --git a/src/components/PieChart.tsx b/src/components/PieChart.tsx
index 24a2497..82a9a75 100644
--- a/src/components/PieChart.tsx
+++ b/src/components/PieChart.tsx
@@ -1,6 +1,7 @@
 import {Fragment} from "react"
 import { css } from '@emotion/react'
 import colors from 'src/components/colors'
+import { loadingStyle } from './loadingKeyframes'
 
 
 export const INITAL_TARGET: ChartData[] = [
@@ -51,7 +52,7 @@ export default function PieChart({slices,label,showFinePrint, isLoading}: Props)
           *Crypto Assets with low volatility. Candidates are decentralised stablecoins e.g. DAI
         </small>}
       </figcaption>
-      <div css={pieStyle}>
+      <div css={css(pieStyle, isLoading && loadingStyle)}>
         <svg viewBox="-25 -25 50 40" transform="rotate(-90)" width="100%" height="100%">
           {dataWithOffsets.map(({ percent, offset, token }) => {
             return (
diff --git a/src/components/Ratios.tsx b/src/components/Ratios.tsx
index 3118433..578db4f 100644
--- a/src/components/Ratios.tsx
+++ b/src/components/Ratios.tsx
@@ -2,15 +2,15 @@ import { css } from '@emotion/react'
 import useSWR from "swr"
 import Amount from 'src/components/Amount'
 import { BreakPoints } from 'src/components/styles'
-import { HoldingsApi } from "src/service/holdings"
 import StableValueTokensAPI from 'src/interfaces/stable-value-tokens'
 import { fetcher } from "src/utils/fetcher"
 import { sumLiquidHoldings } from './sumLiquidHoldings'
 import { sumTotalHoldings } from './sumTotalHoldings'
+import useHoldings from 'src/hooks/useHoldings'
 
 export function Ratios() {
   const stables = useSWR<StableValueTokensAPI>("/api/stable-value-tokens", fetcher)
-  const holdings = useSWR<HoldingsApi>("/api/holdings", fetcher)
+  const holdings = useHoldings()
   const isLoading = !holdings.data || !stables.data
 
   const outstanding = stables.data?.totalStableValueInUSD || 1
diff --git a/src/components/loadingKeyframes.tsx b/src/components/loadingKeyframes.tsx
new file mode 100644
index 0000000..103dee2
--- /dev/null
+++ b/src/components/loadingKeyframes.tsx
@@ -0,0 +1,19 @@
+import { css, keyframes } from '@emotion/react'
+
+const loadingKeyframes = keyframes`
+    from {
+      opacity: 0.15
+    }
+
+    to {opacity: 0.40}
+`
+export const loadingStyle = css({
+  opacity: 0,
+  animationDirection: "alternate-reverse",
+  animationDuration: '1.4s',
+  animationDelay: "20ms",
+  animationFillMode: "none",
+  animationIterationCount: 'infinite',
+  animationTimingFunction: "ease-in-out",
+  animationName: loadingKeyframes
+})
diff --git a/src/hooks/useHoldings.ts b/src/hooks/useHoldings.ts
new file mode 100644
index 0000000..84b6388
--- /dev/null
+++ b/src/hooks/useHoldings.ts
@@ -0,0 +1,42 @@
+import useSWR from "swr"
+import { Tokens} from "src/service/Data"
+import { fetcher } from 'src/utils/fetcher'
+import { HoldingsApi} from "src/service/holdings"
+
+const initalToken = {
+  value: NaN,
+  units: NaN,
+  hasError: false,
+  token: "CELO" as Tokens,
+  updated: 0
+}
+
+const initalOtherToken = {
+  value: NaN,
+  units: NaN,
+  hasError: false,
+  token: "BTC",
+  updated: 0
+} as const
+
+const INITAL_DATA: HoldingsApi = {
+  celo: {
+    custody: initalToken,
+    unfrozen: initalToken,
+    frozen: initalToken
+  },
+  otherAssets: [
+    initalOtherToken,
+    {...initalOtherToken, token: "ETH" },
+    {...initalOtherToken, token: "DAI"}
+  ]
+}
+
+
+export default function useHoldings(): {data: HoldingsApi, error: any} {
+  const celoHoldings = useSWR<Pick<HoldingsApi, 'celo'>>("/api/holdings/celo", fetcher, {initialData: {celo: INITAL_DATA.celo}, revalidateOnMount: true})
+  const otherHoldings = useSWR<Pick<HoldingsApi,'otherAssets'>>("/api/holdings/other", fetcher, {initialData: {otherAssets: INITAL_DATA.otherAssets}, revalidateOnMount: true})
+  const error = celoHoldings.error || otherHoldings.error
+  const data: HoldingsApi = {...celoHoldings.data, ...otherHoldings.data}
+  return {data, error}
+}
\ No newline at end of file
diff --git a/src/pages/api/holdings/[kind].ts b/src/pages/api/holdings/[kind].ts
new file mode 100644
index 0000000..c4c8c50
--- /dev/null
+++ b/src/pages/api/holdings/[kind].ts
@@ -0,0 +1,26 @@
+import { NextApiRequest, NextApiResponse } from 'next'
+import getHoldings, {getHoldingsCelo, getHoldingsOther} from "src/service/holdings"
+
+export default async function(req: NextApiRequest, res: NextApiResponse) {
+  try {
+    if (req.method === 'GET') {
+      const start = Date.now()
+      if (req.query.kind === 'celo') {
+        const holdings = await getHoldingsCelo()
+        res.setHeader("Server-Timing", `ms;dur=${Date.now() - start}`)
+        res.json(holdings)
+      } else if (req.query.kind === 'other') {
+        const holdings = await getHoldingsOther()
+        res.setHeader("Server-Timing", `ms;dur=${Date.now() - start}`)
+        res.json(holdings)
+      } else {
+        res.status(404)
+      }
+
+    } else {
+      res.status(405)
+    }
+  } catch (error) {
+    res.status(error.statusCode || 500).json({ message: error.message || 'unknownError' })
+  }
+}
\ No newline at end of file
diff --git a/src/pages/api/holdings.ts b/src/pages/api/holdings/index.ts
similarity index 100%
rename from src/pages/api/holdings.ts
rename to src/pages/api/holdings/index.ts
diff --git a/src/service/holdings.ts b/src/service/holdings.ts
index 4cd0767..67e31d4 100644
--- a/src/service/holdings.ts
+++ b/src/service/holdings.ts
@@ -4,7 +4,7 @@ import { getFrozenBalance, getInCustodyBalance, getUnFrozenBalance } from 'src/p
 import * as etherscan from 'src/providers/Etherscan'
 import * as ethplorer from 'src/providers/Ethplorerer'
 import duel, { Duel, sumMerge } from './duel'
-import getRates from "./rates"
+import getRates, { celoPrice } from "./rates"
 import {refresh, getOrSave} from "src/service/cache"
 import { MINUTE } from "src/utils/TIME"
 import { TokenModel, Tokens } from './Data'
@@ -92,47 +92,80 @@ export interface HoldingsApi {
   otherAssets: TokenModel[]
 }
 
-export default async function getHoldings(): Promise<HoldingsApi> {
-  const [rates, btcHeld, ethHeld, daiHeld, celoCustodied, frozen, unfrozen] = await Promise.all([
-    getRates(),
-    btcBalance(),
-    ethBalance(),
-    daiBalance(),
+export async function getHoldingsCelo() {
+  const [celoRate, celoCustodied, frozen, unfrozen] = await Promise.all([
+    celoPrice(),
     celoCustodiedBalance(),
     celoFrozenBalance(),
     celoUnfrozenBalance(),
   ])
 
-  const otherAssets: TokenModel[] = [
-    toToken("BTC", btcHeld, rates.btc),
-    toToken("ETH", ethHeld, rates.eth),
-    toToken("DAI", daiHeld),
-  ]
 
+  return {celo: toCeloShape(frozen, celoRate, unfrozen, celoCustodied)}
+}
+
+function toCeloShape(frozen: ProviderSource, celoRate: Duel, unfrozen: ProviderSource, celoCustodied: ProviderSource) {
   return {
-    celo: {
       frozen: {
         token: "CELO",
         units: frozen.value,
-        value: frozen.value * rates.celo.value,
+        value: frozen.value * celoRate.value,
         hasError: frozen.hasError,
         updated: frozen.time
       },
       unfrozen: {
         token: "CELO",
         units: unfrozen.value,
-        value: unfrozen.value * rates.celo.value,
+        value: unfrozen.value * celoRate.value,
         hasError: unfrozen.hasError,
         updated: unfrozen.time
       },
       custody: {
         token: "CELO",
         units: celoCustodied.value,
-        value: celoCustodied.value * rates.celo.value,
+        value: celoCustodied.value * celoRate.value,
         hasError: celoCustodied.hasError,
         updated: celoCustodied.time
       }
-    },
+    } as const
+}
+
+export async function  getHoldingsOther() {
+  const [rates, btcHeld, ethHeld, daiHeld] = await Promise.all([
+    getRates(),
+    btcBalance(),
+    ethBalance(),
+    daiBalance(),
+  ])
+
+  const otherAssets: TokenModel[] = [
+    toToken("BTC", btcHeld, rates.btc),
+    toToken("ETH", ethHeld, rates.eth),
+    toToken("DAI", daiHeld),
+  ]
+
+  return {otherAssets}
+}
+
+export default async function getHoldings(): Promise<HoldingsApi> {
+  const [rates, btcHeld, ethHeld, daiHeld, celoCustodied, frozen, unfrozen] = await Promise.all([
+    getRates(),
+    btcBalance(),
+    ethBalance(),
+    daiBalance(),
+    celoCustodiedBalance(),
+    celoFrozenBalance(),
+    celoUnfrozenBalance(),
+  ])
+
+  const otherAssets: TokenModel[] = [
+    toToken("BTC", btcHeld, rates.btc),
+    toToken("ETH", ethHeld, rates.eth),
+    toToken("DAI", daiHeld),
+  ]
+
+  return {
+    celo: toCeloShape(frozen, rates.celo, unfrozen, celoCustodied),
     otherAssets
   }
 }
diff --git a/src/service/rates.ts b/src/service/rates.ts
index 5300803..19433e6 100644
--- a/src/service/rates.ts
+++ b/src/service/rates.ts
@@ -51,10 +51,10 @@ export async function celoPrice() {
 }
 
 export default async function rates() {
-  const [btc, eth, euro, celo] = await Promise.all([btcPrice(), ethPrice(), euroPrice(), celoPrice()])
+  const [btc, eth, celo] = await Promise.all([btcPrice(), ethPrice(),  celoPrice()])
 
   return {
-    btc, eth, celo, euro
+    btc, eth, celo
   }
 }
 
diff --git a/src/utils/skipZeros.tsx b/src/utils/skipZeros.tsx
index a99f54f..21818bb 100644
--- a/src/utils/skipZeros.tsx
+++ b/src/utils/skipZeros.tsx
@@ -1,4 +1,4 @@
 import { TokenModel } from "src/service/Data"
 
 
-export const skipZeros = (token: TokenModel) => !isNaN(token.units) && token.value != 0
+export const skipZeros = (token: TokenModel) => token.value != 0