diff --git a/.changeset/atproto-comments-external-svelte.md b/.changeset/atproto-comments-external-svelte.md
new file mode 100644
index 0000000..807ac8e
--- /dev/null
+++ b/.changeset/atproto-comments-external-svelte.md
@@ -0,0 +1,17 @@
+---
+"@svebcomponents/atproto.comments": patch
+---
+
+Ship a Svelte-external build and route bundler consumers to it via the `svelte`
+export condition, fixing a hydration crash (`Cannot read properties of null
+(reading 'f')`) that wiped a correctly server-rendered thread on the client.
+
+The client build bundled its own Svelte runtime. In a SvelteKit/Vite app —
+which has its own Svelte — that put **two** Svelte runtimes on the page, and
+under `experimental.async` the app's async-boundary hydration would cross into
+the component's separate runtime and dereference a null effect. The component
+now also emits `dist/client-svelte`/`dist/server-svelte` (Svelte marked
+external), and its package `exports` declare a `svelte` condition pointing at
+them, so bundlers dedupe the component onto the app's single Svelte runtime.
+The default `dist/client` (Svelte bundled) is unchanged and still serves the
+CDN / bare-`import` drop-in, which has no app Svelte to dedupe against.
diff --git a/apps/host/src/routes/+page.svelte b/apps/host/src/routes/+page.svelte
index 9da0057..b592494 100644
--- a/apps/host/src/routes/+page.svelte
+++ b/apps/host/src/routes/+page.svelte
@@ -152,9 +152,8 @@ import "@svebcomponents/atproto.comments";`;
       <div class="eyebrow"><span></span> Open social comments</div>
       <h1>Your post.<br /><em>Their voices.</em></h1>
       <p class="lede">
-        Turn any ATProto thread into a native comment section. Readers reply
-        with their own accounts, posts stay in their own repos, and your site
-        stays refreshingly database-free.
+        Any ATProto thread, as a native comment section — no database, no
+        lock-in.
       </p>
       <div class="hero-actions">
         <a class="button primary" href="#start">Add to your site</a>
@@ -177,7 +176,8 @@ import "@svebcomponents/atproto.comments";`;
 &lt;<span class="code-pink">script</span> <span class="code-blue">type</span
           >=<span class="code-green">"module"</span>
   <span class="code-blue">src</span>=<span class="code-green"
-            >"https://cdn.jsdelivr.net/npm/@svebcomponents/atproto.comments"</span
+            >"https://cdn.jsdelivr.net/npm/<wbr />@svebcomponents/<wbr
+            />atproto.comments"</span
           >&gt;
 &lt;/<span class="code-pink">script</span>&gt;
 
@@ -631,9 +631,9 @@ import "@svebcomponents/atproto.comments";`;
   .hero {
     min-height: 670px;
     display: grid;
-    grid-template-columns: 1.02fr 0.98fr;
+    grid-template-columns: 0.72fr 1.28fr;
     align-items: center;
-    gap: clamp(3rem, 8vw, 7rem);
+    gap: clamp(2rem, 6vw, 4rem);
     padding: 5.5rem 0 6.5rem;
   }
 
@@ -669,8 +669,8 @@ import "@svebcomponents/atproto.comments";`;
   }
 
   h1 {
-    max-width: 700px;
-    font-size: clamp(4rem, 7.2vw, 6.5rem);
+    max-width: 420px;
+    font-size: clamp(2.75rem, 4.6vw, 4.25rem);
   }
 
   h1 em {
@@ -683,11 +683,11 @@ import "@svebcomponents/atproto.comments";`;
   }
 
   .lede {
-    max-width: 590px;
-    margin: 2rem 0 0;
+    max-width: 420px;
+    margin: 1.5rem 0 0;
     color: #514e49;
-    font-size: clamp(1.08rem, 1.8vw, 1.3rem);
-    line-height: 1.62;
+    font-size: clamp(1rem, 1.4vw, 1.1rem);
+    line-height: 1.55;
   }
 
   .hero-actions {
@@ -776,7 +776,7 @@ import "@svebcomponents/atproto.comments";`;
     background: #202025;
     color: #f7f5f0;
     font:
-      0.84rem/1.75 ui-monospace,
+      0.95rem/1.75 ui-monospace,
       SFMono-Regular,
       Menlo,
       monospace;
diff --git a/components/atproto-comments/package.json b/components/atproto-comments/package.json
index 7f190b1..830ed61 100644
--- a/components/atproto-comments/package.json
+++ b/components/atproto-comments/package.json
@@ -26,10 +26,12 @@
   "exports": {
     ".": {
       "types": "./dist/client/index.d.ts",
+      "svelte": "./dist/client-svelte/index.js",
       "import": "./dist/client/index.js"
     },
     "./ssr": {
       "types": "./dist/server/ssr.d.ts",
+      "svelte": "./dist/server-svelte/ssr.js",
       "import": "./dist/server/ssr.js"
     }
   },
diff --git a/components/atproto-comments/svebcomponents.config.ts b/components/atproto-comments/svebcomponents.config.ts
index 5b72506..46c4c6c 100644
--- a/components/atproto-comments/svebcomponents.config.ts
+++ b/components/atproto-comments/svebcomponents.config.ts
@@ -1,33 +1,50 @@
 import { fileURLToPath } from "node:url";
 import { defineConfig } from "@svebcomponents/build";
 
-const configs = defineConfig();
 const hydrationHost = fileURLToPath(
   new URL("./src/HydrationHost.svelte", import.meta.url),
 );
 
-// @svebcomponents/ssr 0.3.0's shipped HydrationHost destructures $props().
-// Under Svelte 5.56's async SSR integration that produces writable prop
-// signals without a parent effect and hydration fails before the user's
-// component mounts. Keep the host local until that upstream package includes
-// the equivalent direct-props fix.
-configs[0] = {
-  ...configs[0],
-  alias: {
-    ...configs[0].alias,
-    "@svebcomponents/ssr/hydration-host": hydrationHost,
-  },
-  noExternal: [
-    ...(configs[0].noExternal ?? []),
-    /@svebcomponents\/ssr\/hydration/,
-  ],
-};
+// Emit the Svelte-external build variants (dist/client-svelte, dist/server-svelte)
+// alongside the default Svelte-bundled build. A bundler consumer (SvelteKit,
+// Vite) resolves the package's `svelte` export condition to these, so the
+// component shares the host app's single Svelte runtime instead of bundling its
+// own. Two runtimes in one page is what produces the
+// "Cannot read properties of null (reading 'f')" crash when the app's
+// async-boundary hydration (experimental.async) crosses into the component's
+// separately-bundled runtime — svebcomponents/atproto#7. The default bundled
+// build (dist/client) stays for the CDN / bare `import` drop-in, which has no
+// app Svelte to dedupe against.
+const configs = defineConfig({
+  svelteOutDir: "dist/client-svelte",
+  ssrSvelteOutDir: "dist/server-svelte",
+});
 
-// Hydration requires byte-for-byte-equivalent host structure on both sides.
-// Point the generated server host at the same local source as the client.
-configs[2] = {
-  ...configs[2],
-  entry: { "ssr-hydration-host": hydrationHost },
-};
+// @svebcomponents/ssr's shipped HydrationHost destructures $props(). Under
+// Svelte 5.56's async SSR that produces writable prop signals without a parent
+// effect and hydration fails before the user's component mounts. Keep a local
+// direct-props host, on *every* build variant (bundled + svelte-external, both
+// halves of each side), until upstream ships the equivalent fix. Matching by
+// outDir/entry rather than array index keeps this correct as the build's config
+// ordering evolves.
+for (const config of configs) {
+  const outDir = typeof config.outDir === "string" ? config.outDir : "";
+  // Client builds bundle the host: redirect its import to the local source.
+  if (outDir === "dist/client" || outDir === "dist/client-svelte") {
+    config.alias = {
+      ...config.alias,
+      "@svebcomponents/ssr/hydration-host": hydrationHost,
+    };
+  }
+  // Server host builds compile the host itself: point them at the local source
+  // so both sides stay byte-for-byte-equivalent.
+  if (
+    config.entry &&
+    typeof config.entry === "object" &&
+    "ssr-hydration-host" in config.entry
+  ) {
+    config.entry = { ...config.entry, "ssr-hydration-host": hydrationHost };
+  }
+}
 
 export default configs;