diff --git a/learn/specifications/exchange/lockfiles.md b/learn/specifications/exchange/lockfiles.md
index 6a49be75..81bc4417 100644
--- a/learn/specifications/exchange/lockfiles.md
+++ b/learn/specifications/exchange/lockfiles.md
@@ -4,15 +4,175 @@ sidebar_position: 20
 
 # Lockfiles
 
-:::note[Work in Progress]
-This part of the ecosystem is not standardized yet.
-
-Some preliminary information can be found at:
-- https://conda.github.io/conda-lock/output/
-- https://conda.github.io/conda-lock/pixi-migration/
-- https://docs.rs/rattler_lock/latest/rattler_lock/
-- https://pixi.sh/v0.55.0/first_project/#lockfile
-- https://github.com/conda-incubator/conda-lockfiles
-
-[Text spec files](text-spec.md) can be used as a minimal lockfile too.
-:::
+This document describes lockfiles in the conda ecosystem. Several formats are available:
+
+- `@EXPLICIT` text input files can be used as minimal, conda-only lockfiles for one environment and platform at a time.
+- `conda-lock.yml`, introduced by `conda-lock`, can handle more than one environment and platform, as well as PyPI dependencies.
+- `pixi.lock`, introduced by `pixi`, is not yet standardized at the CEP level. Some documentation can be found in the [Pixi docs site](https://pixi.prefix.dev/latest/workspace/lock_file/#lock-file-satisfiability) and the [`rattler_lock` docs site](https://docs.rs/rattler_lock/latest/rattler_lock/index.html).
+
+## `@EXPLICIT` text input files
+
+Please refer to [Text spec input files](./text-spec.md).
+
+## `conda-lock.yml` lockfiles
+
+`conda-lock.yml` files are YAML documents with three top-level fields: `version`, `metadata` and `package`. The `metadata` section contains provenance information, while `package` enumerates the lockfile information as a list of packages and their details.
+
+A `conda-lock.yml` file name SHOULD contain the term `conda-lock` and MUST end in `.yml` or `.yaml`.
+
+The `package` list enumerates two types of packages via the `manager` field: `conda` and `pip`. Packages labeled with `manager == "conda"` SHOULD be installed first. For a lockfile to contain packages labeled with `manager == "pip"`, a Python interpreter SHOULD be provided by the conda packages.
+
+### Schema
+
+#### Top-level `version`
+
+Optional, defaults to `1`.
+
+A positive integer that describes the version of the schema. The only currently admitted value is `1`.
+
+#### `metadata`
+
+Required.
+
+A dictionary that describes provenance and reproducibility metadata for the lockfile. It MUST only include the following keys, mapping to the values specified below. Additional keys MUST NOT be present.
+
+##### `content_hash`
+
+`dict[str, str]`, required.
+
+This dictionary MUST map each key present in `platforms` to a SHA256 hash, as a lowercased hexadecimal string. The hash MUST be computed from the packages present in that target platform.
+
+##### `channels`
+
+`list[Channel]`, required.
+
+This list collects all the conda channels used to generate the lockfile.
+
+Each `Channel` item MUST be a dictionary with the following keys:
+
+- `url` MUST map to a non-empty `str` that describes the source URL of the given channel.
+- `used_env_vars` MUST map to a `list[str]` that describes which environment variables are necessary to access the channel URL, if any.
+
+##### `platforms`
+
+`list[str]`, required.
+
+This list collects all the target platforms supported by the lockfile. Each target platform MUST conform to a [`subdir` string](../channels/channel-identifiers.md), excluding `noarch`.
+
+##### `sources`
+
+`list[str]`, required.
+
+A list of paths to source files used to generate the lockfile. These paths MUST be relative to the location of the lockfile.
+
+##### `time_metadata`
+
+`dict[str, str]`, optional.
+
+A dictionary with a single key, `created_at`, that MUST map to a string encoding the ISO 8601 timestamp as `%Y-%m-%dT%H:%M:%SZ`.
+
+##### `git_metadata`
+
+`dict[str, str]`, optional.
+
+A dictionary that includes provenance information about the git repository and the user that created it.
+
+It MUST accept the following optional keys. Any other keys MUST NOT be accepted.
+
+- `git_user_name`: `str`, optional. User name, as obtained from the `user.name` field in the global configuration.
+- `git_user_email`: `str`, optional. User email, as obtained from the `user.email` field in the global configuration.
+- `git_sha`: `str`, optional. Hash of the most recent git commit that modified one of the `sources` for this lockfile.
+
+##### `inputs_metadata`
+
+`dict[str, dict[str, str]]`, optional.
+
+A dictionary that maps each of the paths in `sources` to their corresponding content hashes. Each value MUST be a dictionary with only two keys, `md5` and `sha256`, which MUST map to the hexadecimal digest strings of the MD5 and SHA256 hashes of the input file contents, respectively.
+
+##### `custom_metadata`
+
+`dict[str, str]`, optional.
+
+Free form metadata, as key-value string pairs.
+
+#### `package`
+
+`list[LockedDependency]`, required.
+
+This list enumerates the lockfile contents. Each item MUST be a dictionary, termed `LockedDependency` with keys as described below. All items in the list MUST be unique with respect to the fields `(name, manager, platform, category)`.
+
+##### `name`
+
+`str`, required.
+
+Package name, as described in [Package identifiers](../distribution/package-identifiers.md).
+
+##### `version`
+
+`str`, required.
+
+Version string, as described in [Versioning](../distribution/versioning.md).
+
+##### `manager`
+
+`Literal["conda", "pip"]`, required.
+
+The ecosystem this package belongs to. `pip` is to be understood as PyPI.
+
+##### `platform`
+
+`str`, required.
+
+The platform this package targets. It MUST be one of the items in `metadata.platforms`.
+
+##### `dependencies`
+
+`dict[str, str]`, optional.
+
+A dictionary that MUST map a package name string (as in [Package identifiers](../distribution/package-identifiers.md)) to a constraint string.
+
+When these two strings are concatenated, it MUST result in:
+
+- For `manager == "conda"` entries, a `MatchSpec` string, as described in [Dependency specifiers](../distribution/dependency-specifiers.md).
+- For `manager == "pip"` entries, a [PEP 440](https://peps.python.org/pep-0440/) dependency specifier.
+
+##### `url`
+
+`str`, required.
+
+Direct download URL for this package.
+
+##### `hash`
+
+`dict[str, str]`, required.
+
+A dictionary which MUST only contain at most two keys, `md5` and `sha256`, which MUST map to the hexadecimal digest strings of the MD5 and SHA256 hashes of the downloaded artifact, respectively.
+
+##### `source`
+
+`dict[str, str]`, optional.
+
+Provenance details of the package. It MUST only contain two keys, `type` (whose only valid value is the string `url`) and `url` (which maps to a URL string).
+
+##### `build`
+
+`str`, optional.
+
+It MUST be the build string of the package, as expressed in [Package identifiers](../distribution/package-identifiers.md), when the `manager` field is set to `conda`. It SHOULD be `None` otherwise.
+
+##### `category`
+
+`str`, optional, defaults to `main`.
+
+A non-empty string that reports which install group this package belongs to. If not provided, `main` MUST be assumed.
+
+##### `optional`
+
+`bool`, required.
+
+A boolean specifying whether this package is required in the created environment or not.
+
+## History
+
+- 2026-03-04: [CEP 37](/learn/ceps/cep-0037) is approved, standardizing `conda-lock.yml` files.
+- 2025-04-03: Text spec input files were first standardized by [CEP 23](https://github.com/conda/ceps/blob/main/cep-0023.md).