diff --git a/apps/api/src/versions/versions.controller.ts b/apps/api/src/versions/versions.controller.ts
index 480304e..659998e 100644
--- a/apps/api/src/versions/versions.controller.ts
+++ b/apps/api/src/versions/versions.controller.ts
@@ -1,16 +1,40 @@
-import { Body, Controller, Param, Post, Req } from '@nestjs/common';
-import { CreateVersionInput, PageVersionView, createVersionInputSchema } from '@dorfteich/shared';
+import { Body, Controller, Get, Param, Post, Req } from '@nestjs/common';
+import {
+  CreateVersionInput,
+  PageVersionContentView,
+  PageVersionView,
+  createVersionInputSchema,
+} from '@dorfteich/shared';
 
 import { AuthedRequest } from '../auth/auth.guard';
 import { ZodValidationPipe } from '../common/zod-validation.pipe';
 import { VersionsService } from './versions.service';
 
-/** Page version history (issue #41, ADR 0013). List/get/restore arrive with #42. */
+/**
+ * Page version history (issue #41/#42, ADR 0013). Every route requires write
+ * access to the page — viewing history is gated like editing (permissions.md).
+ */
 @Controller()
 export class VersionsController {
   constructor(private readonly versions: VersionsService) {}
 
-  /** Create a named version of the page. Requires write access. */
+  /** List the page's versions, newest first. */
+  @Get('pages/:id/versions')
+  async list(@Param('id') id: string, @Req() request: AuthedRequest): Promise<PageVersionView[]> {
+    return this.versions.list(request.user!, id);
+  }
+
+  /** A single version rendered read-only, with Markdown for diffing. */
+  @Get('pages/:id/versions/:versionId')
+  async getContent(
+    @Param('id') id: string,
+    @Param('versionId') versionId: string,
+    @Req() request: AuthedRequest,
+  ): Promise<PageVersionContentView> {
+    return this.versions.getContent(request.user!, id, versionId);
+  }
+
+  /** Create a named version of the page. */
   @Post('pages/:id/versions')
   async createNamed(
     @Param('id') id: string,
@@ -19,4 +43,14 @@ export class VersionsController {
   ): Promise<PageVersionView> {
     return this.versions.createNamed(request.user!, id, input);
   }
+
+  /** Restore the page to an earlier version (creates a pre-restore snapshot). */
+  @Post('pages/:id/versions/:versionId/restore')
+  async restore(
+    @Param('id') id: string,
+    @Param('versionId') versionId: string,
+    @Req() request: AuthedRequest,
+  ): Promise<PageVersionView> {
+    return this.versions.restore(request.user!, id, versionId);
+  }
 }
diff --git a/apps/api/src/versions/versions.service.db.test.ts b/apps/api/src/versions/versions.service.db.test.ts
index fb00f79..74315bf 100644
--- a/apps/api/src/versions/versions.service.db.test.ts
+++ b/apps/api/src/versions/versions.service.db.test.ts
@@ -107,6 +107,49 @@ describe.skipIf(!hasTestDb)('VersionsService (db, issue #41)', () => {
     expect(await prisma.pagePendingContributor.count({ where: { pageId } })).toBe(0);
   });
 
+  it('lists versions newest first and renders a version read-only', async () => {
+    const pageId = await createPage();
+    const first = await versions.createNamed(owner, pageId, { label: 'first' });
+    const second = await versions.createNamed(owner, pageId, { label: 'second' });
+
+    const list = await versions.list(owner, pageId);
+    expect(list.map((v) => v.id)).toEqual([second.id, first.id]); // newest first
+
+    const content = await versions.getContent(owner, pageId, first.id);
+    expect(content.id).toBe(first.id);
+    expect(typeof content.html).toBe('string');
+    expect(typeof content.markdown).toBe('string');
+  });
+
+  it('gates list, content, and restore on write access', async () => {
+    const pageId = await createPage();
+    const version = await versions.createNamed(owner, pageId, { label: 'v' });
+
+    await expect(versions.list(outsider, pageId)).rejects.toBeInstanceOf(NotFoundException);
+    await expect(versions.getContent(outsider, pageId, version.id)).rejects.toBeInstanceOf(
+      NotFoundException,
+    );
+    await expect(versions.restore(outsider, pageId, version.id)).rejects.toBeInstanceOf(
+      NotFoundException,
+    );
+  });
+
+  it('restore returns the target version and emits without mutating history', async () => {
+    const pageId = await createPage();
+    const version = await versions.createNamed(owner, pageId, { label: 'target' });
+    const before = await prisma.pageVersion.count({ where: { pageId } });
+
+    // The api side only checks permission and signals collab; it must not delete
+    // or alter any version (history is append-only — collab appends pre-restore).
+    const restored = await versions.restore(owner, pageId, version.id);
+    expect(restored.id).toBe(version.id);
+    expect(await prisma.pageVersion.count({ where: { pageId } })).toBe(before);
+
+    await expect(versions.restore(owner, pageId, randomUUID())).rejects.toBeInstanceOf(
+      NotFoundException,
+    );
+  });
+
   it('refuses a named version for a user without write access', async () => {
     const pageId = await createPage();
     await expect(versions.createNamed(outsider, pageId, { label: 'nope' })).rejects.toBeInstanceOf(
diff --git a/apps/api/src/versions/versions.service.ts b/apps/api/src/versions/versions.service.ts
index f603686..75d59ca 100644
--- a/apps/api/src/versions/versions.service.ts
+++ b/apps/api/src/versions/versions.service.ts
@@ -1,9 +1,17 @@
 import { Injectable, NotFoundException } from '@nestjs/common';
-import { CreateVersionInput, PageVersionTrigger, PageVersionView } from '@dorfteich/shared';
-import { PageVersion, PageVersionTrigger as PrismaTrigger, User } from '@prisma/client';
+import {
+  CreateVersionInput,
+  PAGE_RESTORE_CHANNEL,
+  PageRestoreRequest,
+  PageVersionContentView,
+  PageVersionTrigger,
+  PageVersionView,
+} from '@dorfteich/shared';
+import { Page, PageVersion, PageVersionTrigger as PrismaTrigger, Pond, User } from '@prisma/client';
 import { PinoLogger } from 'nestjs-pino';
 import * as Y from 'yjs';
 
+import { deriveContent } from '../pages/yjs-content';
 import { InterimAccessService } from '../ponds/interim-access.service';
 import { PrismaService } from '../prisma/prisma.service';
 
@@ -49,6 +57,70 @@ export class VersionsService {
     };
   }
 
+  /**
+   * Load a page and assert the user may edit it. Viewing history requires the
+   * same permission as editing (permissions.md §UI obligations / ADR 0013), so
+   * every history operation gates on `assertCanModify`.
+   */
+  private async findModifiablePage(user: User, pageId: string): Promise<Page & { pond: Pond }> {
+    const page = await this.prisma.page.findFirst({
+      where: { id: pageId, deletedAt: null },
+      include: { pond: true },
+    });
+    if (!page) throw new NotFoundException();
+    this.access.assertCanModify(user, page.pond);
+    return page;
+  }
+
+  /** The page's versions, newest first (no snapshot bytes). Write access only. */
+  async list(user: User, pageId: string): Promise<PageVersionView[]> {
+    await this.findModifiablePage(user, pageId);
+    const versions = await this.prisma.pageVersion.findMany({
+      where: { pageId },
+      orderBy: { createdAt: 'desc' },
+      // Exclude the (potentially large) snapshot bytes from the list.
+      omit: { ydocSnapshot: true },
+    });
+    return versions.map((version) => this.viewOf(version));
+  }
+
+  /** A single version rendered read-only (HTML) with its Markdown for diffing. */
+  async getContent(user: User, pageId: string, versionId: string): Promise<PageVersionContentView> {
+    await this.findModifiablePage(user, pageId);
+    const version = await this.prisma.pageVersion.findFirst({
+      where: { id: versionId, pageId },
+    });
+    if (!version) throw new NotFoundException();
+    const derived = deriveContent(new Uint8Array(version.ydocSnapshot));
+    return { ...this.viewOf(version), html: derived.html, markdown: derived.markdown };
+  }
+
+  /**
+   * Restore the page to `versionId` (requires write access, ADR 0013). The
+   * permission check happens here; the collab server, which owns the live
+   * document, does the actual work: it snapshots the current state as a
+   * `PRE_RESTORE` version and applies the restored content as a normal edit so
+   * every open client converges. History is append-only — nothing is deleted.
+   * Returns the version being restored.
+   */
+  async restore(user: User, pageId: string, versionId: string): Promise<PageVersionView> {
+    await this.findModifiablePage(user, pageId);
+    const version = await this.prisma.pageVersion.findFirst({
+      where: { id: versionId, pageId },
+      omit: { ydocSnapshot: true },
+    });
+    if (!version) throw new NotFoundException();
+
+    const payload: PageRestoreRequest = { pageId, versionId, userId: user.id };
+    await this.prisma
+      .$executeRaw`SELECT pg_notify(${PAGE_RESTORE_CHANNEL}, ${JSON.stringify(payload)})`;
+    this.logger.info(
+      { event: 'audit: version restore requested', pageId, versionId, userId: user.id },
+      'version restore requested',
+    );
+    return this.viewOf(version);
+  }
+
   /**
    * Create a named version (requires write access, ADR 0013 / permissions.md).
    * The snapshot is the page's current persisted state (base state plus the
diff --git a/apps/collab/src/index.ts b/apps/collab/src/index.ts
index f6938a8..87cf436 100644
--- a/apps/collab/src/index.ts
+++ b/apps/collab/src/index.ts
@@ -5,6 +5,7 @@ import { createAccessListener } from './access-listener.js';
 import { createPool, pingDatabase } from './db.js';
 import { createLogger } from './logger.js';
 import { PostgresPagePersistence } from './persistence.js';
+import { createRestoreListener } from './restore-listener.js';
 import { createCollabServer } from './server.js';
 import { PostgresSessionRegistry } from './session-registry.js';
 import { PostgresVersionStore } from './version-store.js';
@@ -47,17 +48,30 @@ async function bootstrap(): Promise<void> {
     logger,
   });
 
+  // Applies api-requested restores to the live document (issue #42).
+  const restoreListener = createRestoreListener({
+    createClient: () => new Client({ connectionString: env.DATABASE_URL }),
+    pool,
+    openDirectConnection: (documentName) =>
+      server.hocuspocus.openDirectConnection(documentName, { userId: 'restore', mode: 'rw' }),
+    logger,
+  });
+
   await server.listen(env.PORT);
   await accessListener.start();
+  await restoreListener.start();
   sessionRegistry.start(() => [...server.hocuspocus.documents.keys()]);
   logger.info({ event: 'listen', port: env.PORT }, 'collaboration server listening');
 
   const shutdown = (signal: NodeJS.Signals): void => {
     logger.info({ event: 'shutdown', signal }, 'shutting down');
     sessionRegistry.stop();
-    void Promise.allSettled([accessListener.stop(), server.destroy(), pool.end()]).then(() =>
-      process.exit(0),
-    );
+    void Promise.allSettled([
+      accessListener.stop(),
+      restoreListener.stop(),
+      server.destroy(),
+      pool.end(),
+    ]).then(() => process.exit(0));
   };
   process.on('SIGTERM', () => shutdown('SIGTERM'));
   process.on('SIGINT', () => shutdown('SIGINT'));
diff --git a/apps/collab/src/restore-listener.db.test.ts b/apps/collab/src/restore-listener.db.test.ts
new file mode 100644
index 0000000..d53c3f5
--- /dev/null
+++ b/apps/collab/src/restore-listener.db.test.ts
@@ -0,0 +1,156 @@
+import { randomUUID } from 'node:crypto';
+
+import { HocuspocusProvider } from '@hocuspocus/provider';
+import { PAGE_RESTORE_CHANNEL, docToPlainText, editorSchema } from '@dorfteich/shared';
+import { signCollabToken } from '@dorfteich/shared/token-crypto';
+import { Client, Pool } from 'pg';
+import { pino } from 'pino';
+import { prosemirrorJSONToYXmlFragment, yXmlFragmentToProseMirrorRootNode } from 'y-prosemirror';
+import { afterAll, beforeAll, describe, expect, it } from 'vitest';
+import * as Y from 'yjs';
+
+import { createCollabServer } from './server.js';
+import { createRestoreListener } from './restore-listener.js';
+import { freePort } from './testing/free-port.js';
+import { InMemoryPagePersistence } from './testing/fake-persistence.js';
+import { collabTestDatabaseUrlOrUndefined } from './testing/test-db.js';
+
+const url = collabTestDatabaseUrlOrUndefined;
+const secret = 'restore-listener-test-secret-32c!!';
+const logger = pino({ enabled: false });
+
+async function waitFor(predicate: () => boolean, timeoutMs = 5000): Promise<void> {
+  const deadline = Date.now() + timeoutMs;
+  while (Date.now() < deadline) {
+    if (predicate()) return;
+    await new Promise((resolve) => setTimeout(resolve, 20));
+  }
+  throw new Error('timed out waiting for condition');
+}
+
+/** Encode a single-paragraph document state for the "default" fragment. */
+function stateWithText(text: string): Buffer {
+  const doc = new Y.Doc();
+  const pm = editorSchema.node('doc', null, [
+    editorSchema.node('paragraph', null, [editorSchema.text(text)]),
+  ]);
+  prosemirrorJSONToYXmlFragment(editorSchema, pm.toJSON(), doc.getXmlFragment('default'));
+  const state = Buffer.from(Y.encodeStateAsUpdate(doc));
+  doc.destroy();
+  return state;
+}
+
+/** Read a live Yjs doc's "default" fragment as plain text. */
+function textOf(doc: Y.Doc): string {
+  const node = yXmlFragmentToProseMirrorRootNode(doc.getXmlFragment('default'), editorSchema);
+  return docToPlainText(node);
+}
+
+describe.skipIf(!url)('restore listener (DB-backed, issue #42)', () => {
+  let pool: Pool;
+  let server: ReturnType<typeof createCollabServer>;
+  let restoreListener: ReturnType<typeof createRestoreListener>;
+  let wsUrl: string;
+  const userId = randomUUID();
+  const pondId = randomUUID();
+  const pageId = randomUUID();
+  let versionId: string;
+
+  beforeAll(async () => {
+    pool = new Pool({ connectionString: url });
+    await pool.query(
+      'INSERT INTO users (id, username, email, display_name) VALUES ($1, $2, $3, $4)',
+      [userId, `rl-${userId.slice(0, 8)}`, `${userId}@example.test`, 'Restore Tester'],
+    );
+    await pool.query(
+      `INSERT INTO ponds (id, slug, name, type, owner_id, updated_at)
+       VALUES ($1, $2, 'Restore Pond', 'PERSONAL', $3, now())`,
+      [pondId, `rl-pond-${pondId.slice(0, 8)}`, userId],
+    );
+    // The page's current content is "current text".
+    await pool.query(
+      `INSERT INTO pages (id, pond_id, title, slug, ydoc_state, sort_key, created_by, updated_at)
+       VALUES ($1, $2, 'Test', $3, $4, 'a0', $5, now())`,
+      [pageId, pondId, `p-${pageId.slice(0, 8)}`, stateWithText('current text'), userId],
+    );
+    // A stored version whose content is "restored text".
+    versionId = randomUUID();
+    await pool.query(
+      `INSERT INTO page_versions
+         (id, page_id, ydoc_snapshot, trigger, contributor_ids, created_at)
+       VALUES ($1, $2, $3, 'MANUAL', '{}'::text[], now())`,
+      [versionId, pageId, stateWithText('restored text')],
+    );
+
+    server = createCollabServer({
+      version: 'test',
+      logger,
+      tokenSecret: secret,
+      pingDatabase: async () => ({ ok: true }),
+      persistence: new InMemoryPagePersistence(),
+    });
+    restoreListener = createRestoreListener({
+      createClient: () => new Client({ connectionString: url }),
+      pool,
+      openDirectConnection: (name) =>
+        server.hocuspocus.openDirectConnection(name, { userId: 'restore', mode: 'rw' }),
+      logger,
+      reconnectDelayMs: 100,
+    });
+    const port = await freePort();
+    await server.listen(port);
+    await restoreListener.start();
+    wsUrl = `ws://127.0.0.1:${port}`;
+  });
+
+  afterAll(async () => {
+    await restoreListener.stop();
+    await server.destroy();
+    await pool.query('DELETE FROM pages WHERE id = $1', [pageId]);
+    await pool.query('DELETE FROM ponds WHERE id = $1', [pondId]);
+    await pool.query('DELETE FROM users WHERE id = $1', [userId]);
+    await pool.end();
+  });
+
+  it('restores a version live for a connected client and records a pre-restore snapshot', async () => {
+    // The InMemoryPagePersistence starts documents empty; seed the live doc with
+    // the "current" content by writing it as the connected client.
+    const doc = new Y.Doc();
+    const provider = new HocuspocusProvider({
+      url: wsUrl,
+      name: pageId,
+      document: doc,
+      token: signCollabToken({ userId, pageId, mode: 'rw' }, secret, 60),
+    });
+    await waitFor(() => provider.isSynced);
+
+    const pm = editorSchema.node('doc', null, [
+      editorSchema.node('paragraph', null, [editorSchema.text('current text')]),
+    ]);
+    prosemirrorJSONToYXmlFragment(editorSchema, pm.toJSON(), doc.getXmlFragment('default'));
+    await waitFor(() => textOf(doc).includes('current text'));
+
+    // The api's restore signal.
+    await pool.query(`SELECT pg_notify('${PAGE_RESTORE_CHANNEL}', $1)`, [
+      JSON.stringify({ pageId, versionId, userId }),
+    ]);
+
+    // The connected client converges on the restored content.
+    await waitFor(() => textOf(doc).includes('restored text'));
+    expect(textOf(doc)).toContain('restored text');
+    expect(textOf(doc)).not.toContain('current text');
+
+    // A pre-restore snapshot was appended; history is append-only (the original
+    // manual version is still present too).
+    const versions = await pool.query<{ trigger: string }>(
+      'SELECT trigger FROM page_versions WHERE page_id = $1',
+      [pageId],
+    );
+    const triggers = versions.rows.map((r) => r.trigger);
+    expect(triggers).toContain('PRE_RESTORE');
+    expect(triggers).toContain('MANUAL');
+
+    provider.destroy();
+    doc.destroy();
+  });
+});
diff --git a/apps/collab/src/restore-listener.ts b/apps/collab/src/restore-listener.ts
new file mode 100644
index 0000000..ea12b48
--- /dev/null
+++ b/apps/collab/src/restore-listener.ts
@@ -0,0 +1,177 @@
+import { PAGE_RESTORE_CHANNEL, PageRestoreRequest, editorSchema } from '@dorfteich/shared';
+import type { Client, Pool } from 'pg';
+import type { Logger } from 'pino';
+import { prosemirrorJSONToYXmlFragment, yXmlFragmentToProseMirrorRootNode } from 'y-prosemirror';
+import * as Y from 'yjs';
+
+/** Mutates a page's live document; provided by the Hocuspocus server. */
+export interface DirectDocumentConnection {
+  document: Y.Doc | null;
+  transact(fn: (doc: Y.Doc) => void): Promise<void>;
+  disconnect(): Promise<void>;
+}
+
+export interface RestoreListenerDeps {
+  /** Dedicated `LISTEN` connection factory (connection-bound, not pooled). */
+  createClient: () => Client;
+  /** Pool for reading the target snapshot and writing the pre-restore version. */
+  pool: Pool;
+  /** Opens a server-side connection to a document so edits broadcast + persist. */
+  openDirectConnection: (documentName: string) => Promise<DirectDocumentConnection>;
+  logger: Logger;
+  reconnectDelayMs?: number;
+}
+
+export interface RestoreListener {
+  start(): Promise<void>;
+  stop(): Promise<void>;
+}
+
+const DEFAULT_RECONNECT_DELAY_MS = 1000;
+const FRAGMENT_NAME = 'default';
+
+/**
+ * Applies page restores requested by the api (issue #42, ADR 0013). The api
+ * checks permission and emits a {@link PAGE_RESTORE_CHANNEL} notification; this
+ * listener owns the live document, so it can restore in a way that converges
+ * every open client:
+ *
+ * 1. Open a server-side direct connection to the page's document.
+ * 2. Snapshot the current state as a `PRE_RESTORE` version (history is
+ *    append-only — nothing is deleted).
+ * 3. In one transaction, replace the document content with the target version's
+ *    content. This is a normal edit, so Hocuspocus broadcasts it to all clients
+ *    and persists it on disconnect.
+ */
+export function createRestoreListener(deps: RestoreListenerDeps): RestoreListener {
+  const reconnectDelayMs = deps.reconnectDelayMs ?? DEFAULT_RECONNECT_DELAY_MS;
+  let client: Client | null = null;
+  let stopped = false;
+  let reconnectTimer: NodeJS.Timeout | null = null;
+
+  async function restore(request: PageRestoreRequest): Promise<void> {
+    const { pageId, versionId, userId } = request;
+    const target = await deps.pool.query<{ ydoc_snapshot: Buffer }>(
+      'SELECT ydoc_snapshot FROM page_versions WHERE id = $1 AND page_id = $2',
+      [versionId, pageId],
+    );
+    const snapshot = target.rows[0];
+    if (!snapshot) {
+      deps.logger.warn(
+        { event: 'restore.target_missing', pageId, versionId },
+        'restore target version not found',
+      );
+      return;
+    }
+
+    // Decode the target snapshot into ProseMirror JSON to rebuild the fragment.
+    const targetDoc = new Y.Doc();
+    let targetJson: unknown;
+    try {
+      Y.applyUpdate(targetDoc, new Uint8Array(snapshot.ydoc_snapshot));
+      targetJson = yXmlFragmentToProseMirrorRootNode(
+        targetDoc.getXmlFragment(FRAGMENT_NAME),
+        editorSchema,
+      ).toJSON();
+    } finally {
+      targetDoc.destroy();
+    }
+
+    const connection = await deps.openDirectConnection(pageId);
+    try {
+      let preRestore: Buffer | null = null;
+      await connection.transact((doc) => {
+        // Capture the current state for the pre-restore snapshot before mutating.
+        preRestore = Buffer.from(Y.encodeStateAsUpdate(doc));
+        const fragment = doc.getXmlFragment(FRAGMENT_NAME);
+        fragment.delete(0, fragment.length);
+        prosemirrorJSONToYXmlFragment(editorSchema, targetJson, fragment);
+      });
+      if (preRestore) {
+        await deps.pool.query(
+          `INSERT INTO page_versions
+             (id, page_id, ydoc_snapshot, trigger, label, created_by, contributor_ids, created_at)
+           VALUES (gen_random_uuid(), $1, $2, 'PRE_RESTORE', NULL, $3, '{}'::text[], now())`,
+          [pageId, preRestore, userId],
+        );
+      }
+      deps.logger.info(
+        { event: 'restore.applied', pageId, versionId, userId },
+        'restored page to an earlier version',
+      );
+    } finally {
+      await connection.disconnect();
+    }
+  }
+
+  function scheduleReconnect(): void {
+    if (stopped || reconnectTimer) return;
+    reconnectTimer = setTimeout(() => {
+      reconnectTimer = null;
+      void connect();
+    }, reconnectDelayMs);
+    reconnectTimer.unref?.();
+  }
+
+  async function connect(): Promise<void> {
+    if (stopped) return;
+    const next = deps.createClient();
+    next.on('error', (error) => {
+      deps.logger.warn(
+        { event: 'restore.listen.error', err: error.message },
+        'restore listener connection error; will reconnect',
+      );
+      if (client === next) client = null;
+      scheduleReconnect();
+    });
+    next.on('notification', (message) => {
+      if (message.channel !== PAGE_RESTORE_CHANNEL || !message.payload) return;
+      let request: PageRestoreRequest;
+      try {
+        request = JSON.parse(message.payload) as PageRestoreRequest;
+      } catch {
+        return;
+      }
+      void restore(request).catch((error: unknown) => {
+        deps.logger.error(
+          { event: 'restore.failed', err: (error as Error).message },
+          'failed to apply page restore',
+        );
+      });
+    });
+
+    try {
+      await next.connect();
+      await next.query(`LISTEN ${PAGE_RESTORE_CHANNEL}`);
+      client = next;
+      deps.logger.info(
+        { event: 'restore.listen.ready', channel: PAGE_RESTORE_CHANNEL },
+        'listening for page restore requests',
+      );
+    } catch (error) {
+      deps.logger.warn(
+        { event: 'restore.listen.connect_failed', err: (error as Error).message },
+        'could not start restore listener; will retry',
+      );
+      await next.end().catch(() => undefined);
+      scheduleReconnect();
+    }
+  }
+
+  return {
+    async start(): Promise<void> {
+      stopped = false;
+      await connect();
+    },
+    async stop(): Promise<void> {
+      stopped = true;
+      if (reconnectTimer) {
+        clearTimeout(reconnectTimer);
+        reconnectTimer = null;
+      }
+      const current = client;
+      client = null;
+      if (current) await current.end().catch(() => undefined);
+    },
+  };
+}
diff --git a/apps/web/src/editor/HistoryPanel.tsx b/apps/web/src/editor/HistoryPanel.tsx
new file mode 100644
index 0000000..3def2f9
--- /dev/null
+++ b/apps/web/src/editor/HistoryPanel.tsx
@@ -0,0 +1,134 @@
+import type { PageVersionContentView, PageVersionView } from '@dorfteich/shared';
+import { diffMarkdown } from '@dorfteich/shared';
+import { useMutation, useQuery, useQueryClient } from '@tanstack/react-query';
+import { useState } from 'react';
+import { useTranslation } from 'react-i18next';
+
+import { apiGet, apiGetText, apiPost } from '../lib/api';
+
+/**
+ * Version history panel (issue #42, ADR 0013): lists the page's versions and,
+ * for a selected one, shows a read-only render and a Markdown diff against the
+ * current page, with a restore action. History access requires write
+ * permission — the api enforces it, so a lack of access surfaces as an error.
+ */
+export function HistoryPanel({
+  pageId,
+  onClose,
+}: {
+  pageId: string;
+  onClose: () => void;
+}): React.JSX.Element {
+  const { t, i18n } = useTranslation('editor');
+  const queryClient = useQueryClient();
+  const [selectedId, setSelectedId] = useState<string | null>(null);
+
+  const versions = useQuery({
+    queryKey: ['versions', pageId],
+    queryFn: () => apiGet<PageVersionView[]>(`/pages/${pageId}/versions`),
+  });
+
+  const selected = useQuery({
+    queryKey: ['version', pageId, selectedId],
+    queryFn: () => apiGet<PageVersionContentView>(`/pages/${pageId}/versions/${selectedId!}`),
+    enabled: Boolean(selectedId),
+  });
+
+  // The current page Markdown to diff a selected version against.
+  const current = useQuery({
+    queryKey: ['page-markdown', pageId],
+    queryFn: () => apiGetText(`/pages/${pageId}/export/markdown`),
+    enabled: Boolean(selectedId),
+  });
+
+  const restore = useMutation({
+    mutationFn: (versionId: string) =>
+      apiPost<PageVersionView>(`/pages/${pageId}/versions/${versionId}/restore`),
+    onSuccess: () => {
+      // The live document converges via the collab server; refresh the list so
+      // the new pre-restore snapshot shows up.
+      void queryClient.invalidateQueries({ queryKey: ['versions', pageId] });
+    },
+  });
+
+  const dateFormat = new Intl.DateTimeFormat(i18n.language, {
+    dateStyle: 'medium',
+    timeStyle: 'short',
+  });
+
+  const diff =
+    selected.data && current.data !== undefined
+      ? diffMarkdown(selected.data.markdown, current.data)
+      : null;
+
+  return (
+    <aside className="history-panel" aria-label={t('history.title')}>
+      <header className="history-panel__header">
+        <h2>{t('history.title')}</h2>
+        <button type="button" className="button" onClick={onClose}>
+          {t('history.close')}
+        </button>
+      </header>
+
+      {versions.isError && <p className="history-panel__error">{t('history.error')}</p>}
+      {versions.data?.length === 0 && <p>{t('history.empty')}</p>}
+
+      <ol className="history-panel__list">
+        {versions.data?.map((version) => (
+          <li key={version.id}>
+            <button
+              type="button"
+              className="history-panel__item"
+              aria-current={version.id === selectedId}
+              onClick={() => setSelectedId(version.id)}
+            >
+              <span className="history-panel__when">
+                {dateFormat.format(new Date(version.createdAt))}
+              </span>
+              <span className="history-panel__meta">
+                {version.label ?? t(`history.trigger.${version.trigger}`)}
+                {version.contributorIds.length > 0 &&
+                  ` · ${t('history.contributors', { count: version.contributorIds.length })}`}
+              </span>
+            </button>
+          </li>
+        ))}
+      </ol>
+
+      {selected.data && (
+        <section className="history-panel__detail">
+          <div className="history-panel__actions">
+            <button
+              type="button"
+              className="button"
+              disabled={restore.isPending}
+              onClick={() => {
+                if (window.confirm(t('history.restoreConfirm'))) restore.mutate(selected.data!.id);
+              }}
+            >
+              {restore.isSuccess ? t('history.restored') : t('history.restore')}
+            </button>
+          </div>
+
+          <h3>{t('history.diffTitle')}</h3>
+          {diff && (
+            <pre className="history-panel__diff">
+              {diff.map((segment, index) => (
+                <span key={index} className={`diff diff--${segment.type}`}>
+                  {segment.value}
+                </span>
+              ))}
+            </pre>
+          )}
+
+          <h3>{t('history.viewTitle')}</h3>
+          {/* Trusted server-rendered HTML from the same editor schema (#24). */}
+          <div
+            className="history-panel__preview"
+            dangerouslySetInnerHTML={{ __html: selected.data.html }}
+          />
+        </section>
+      )}
+    </aside>
+  );
+}
diff --git a/apps/web/src/pages/PageEditorPage.tsx b/apps/web/src/pages/PageEditorPage.tsx
index f1a98b6..9f80e84 100644
--- a/apps/web/src/pages/PageEditorPage.tsx
+++ b/apps/web/src/pages/PageEditorPage.tsx
@@ -10,6 +10,7 @@ import * as Y from 'yjs';
 import { useAuth } from '../auth/auth-context';
 import { FormError } from '../components/forms';
 import { AccessRevokedDialog } from '../editor/AccessRevokedDialog';
+import { HistoryPanel } from '../editor/HistoryPanel';
 import { collaborationCaretFor } from '../editor/collaboration-caret';
 import { documentExtensions } from '../editor/document-extensions';
 import { ImageUpload } from '../editor/image-upload';
@@ -140,10 +141,12 @@ function PageMenu({
   pageId,
   slug,
   pondSlug,
+  onToggleHistory,
 }: {
   pageId: string;
   slug: string;
   pondSlug: string;
+  onToggleHistory: () => void;
 }): React.JSX.Element {
   const { t } = useTranslation('editor');
   const navigate = useNavigate();
@@ -180,6 +183,9 @@ function PageMenu({
       >
         {t('page.downloadMarkdown')}
       </a>
+      <button type="button" className="button" onClick={onToggleHistory}>
+        {t('history.open')}
+      </button>
       <button type="button" className="button" onClick={() => void deletePage()}>
         {t('page.delete')}
       </button>
@@ -192,6 +198,7 @@ export function PageEditorPage(): React.JSX.Element {
   const { pondSlug = '', pageSlug = '' } = useParams<{ pondSlug: string; pageSlug: string }>();
   const [mode, setMode] = useState<Mode>('view');
   const [title, setTitle] = useState('');
+  const [showHistory, setShowHistory] = useState(false);
 
   useForceSidebarHidden(mode === 'edit');
 
@@ -278,9 +285,17 @@ export function PageEditorPage(): React.JSX.Element {
         >
           {mode === 'edit' ? t('mode.view') : t('mode.edit')}
         </button>
-        <PageMenu pageId={resolved.id} slug={resolved.slug} pondSlug={pondSlug} />
+        <PageMenu
+          pageId={resolved.id}
+          slug={resolved.slug}
+          pondSlug={pondSlug}
+          onToggleHistory={() => setShowHistory((open) => !open)}
+        />
+      </div>
+      <div className="editor-page__body">
+        <PageEditor page={resolved} mode={mode} pondSlug={pondSlug} />
+        {showHistory && <HistoryPanel pageId={resolved.id} onClose={() => setShowHistory(false)} />}
       </div>
-      <PageEditor page={resolved} mode={mode} pondSlug={pondSlug} />
     </div>
   );
 }
diff --git a/apps/web/src/styles/base.css b/apps/web/src/styles/base.css
index cad4db5..5f0f9b8 100644
--- a/apps/web/src/styles/base.css
+++ b/apps/web/src/styles/base.css
@@ -642,6 +642,106 @@ button {
   color: var(--color-danger);
 }
 
+.editor-page__body {
+  display: flex;
+  gap: var(--space-4);
+  align-items: flex-start;
+}
+
+.editor-page__body > .editor-shell {
+  flex: 1 1 auto;
+  min-width: 0;
+}
+
+.history-panel {
+  flex: 0 0 22rem;
+  max-width: 22rem;
+  border: 1px solid var(--color-border);
+  border-radius: var(--radius-sm, 4px);
+  padding: var(--space-3);
+  max-height: 80vh;
+  overflow-y: auto;
+}
+
+.history-panel__header {
+  display: flex;
+  justify-content: space-between;
+  align-items: center;
+  gap: var(--space-2);
+}
+
+.history-panel__header h2 {
+  font-size: 1rem;
+  margin: 0;
+}
+
+.history-panel__list {
+  list-style: none;
+  margin: var(--space-2) 0;
+  padding: 0;
+}
+
+.history-panel__item {
+  display: flex;
+  flex-direction: column;
+  width: 100%;
+  text-align: left;
+  gap: 2px;
+  padding: var(--space-2);
+  border: 1px solid transparent;
+  border-radius: var(--radius-sm, 4px);
+  background: none;
+  cursor: pointer;
+  color: inherit;
+}
+
+.history-panel__item:hover {
+  background: var(--color-bg-subtle);
+}
+
+.history-panel__item[aria-current='true'] {
+  border-color: var(--color-border);
+  background: var(--color-bg-subtle);
+}
+
+.history-panel__when {
+  font-weight: 600;
+  font-size: 0.9rem;
+}
+
+.history-panel__meta {
+  font-size: 0.8rem;
+  color: var(--color-text-muted);
+}
+
+.history-panel__error {
+  color: var(--color-danger);
+}
+
+.history-panel__diff {
+  white-space: pre-wrap;
+  word-break: break-word;
+  font-size: 0.85rem;
+  background: var(--color-bg-subtle);
+  padding: var(--space-2);
+  border-radius: var(--radius-sm, 4px);
+}
+
+.diff--added {
+  background: color-mix(in srgb, green 22%, transparent);
+  text-decoration: none;
+}
+
+.diff--removed {
+  background: color-mix(in srgb, red 22%, transparent);
+  text-decoration: line-through;
+}
+
+.history-panel__preview {
+  border-top: 1px solid var(--color-border);
+  padding-top: var(--space-2);
+}
+
 .access-revoked__title {
   font-weight: 600;
   margin: 0 0 var(--space-1);
diff --git a/packages/shared/i18n/de/editor.json b/packages/shared/i18n/de/editor.json
index bf14193..63c192c 100644
--- a/packages/shared/i18n/de/editor.json
+++ b/packages/shared/i18n/de/editor.json
@@ -89,6 +89,25 @@
       "full": "Voll"
     }
   },
+  "history": {
+    "title": "Versionsverlauf",
+    "open": "Verlauf",
+    "close": "Schließen",
+    "empty": "Noch keine Versionen.",
+    "error": "Du kannst den Verlauf dieser Seite nicht ansehen.",
+    "restore": "Diese Version wiederherstellen",
+    "restored": "Wiederhergestellt",
+    "restoreConfirm": "Die Seite auf diese Version zurücksetzen? Der aktuelle Stand wird vorher als Version gesichert, sodass du das rückgängig machen kannst.",
+    "diffTitle": "Änderungen von dieser Version bis heute",
+    "viewTitle": "Vorschau",
+    "contributors_one": "{{count}} Beitragende:r",
+    "contributors_other": "{{count}} Beitragende",
+    "trigger": {
+      "auto": "Automatischer Schnappschuss",
+      "manual": "Benannte Version",
+      "pre_restore": "Vor einer Wiederherstellung"
+    }
+  },
   "page": {
     "copyMarkdown": "Als Markdown kopieren",
     "markdownCopied": "Kopiert!",
diff --git a/packages/shared/i18n/en/editor.json b/packages/shared/i18n/en/editor.json
index 3119a35..a0f5598 100644
--- a/packages/shared/i18n/en/editor.json
+++ b/packages/shared/i18n/en/editor.json
@@ -89,6 +89,25 @@
       "full": "Full"
     }
   },
+  "history": {
+    "title": "Version history",
+    "open": "History",
+    "close": "Close",
+    "empty": "No versions yet.",
+    "error": "You can't view this page's history.",
+    "restore": "Restore this version",
+    "restored": "Restored",
+    "restoreConfirm": "Restore the page to this version? The current state is saved as a version first, so you can undo this.",
+    "diffTitle": "Changes from this version to now",
+    "viewTitle": "Preview",
+    "contributors_one": "{{count}} contributor",
+    "contributors_other": "{{count}} contributors",
+    "trigger": {
+      "auto": "Automatic snapshot",
+      "manual": "Named version",
+      "pre_restore": "Before a restore"
+    }
+  },
   "page": {
     "copyMarkdown": "Copy as Markdown",
     "markdownCopied": "Copied!",
diff --git a/packages/shared/src/collab-token.ts b/packages/shared/src/collab-token.ts
index 056330f..5adfae8 100644
--- a/packages/shared/src/collab-token.ts
+++ b/packages/shared/src/collab-token.ts
@@ -22,6 +22,24 @@ export type CollabTokenMode = z.infer<typeof collabTokenModeSchema>;
  */
 export const POND_ACCESS_CHANGED_CHANNEL = 'pond_access_changed';
 
+/**
+ * PostgreSQL `NOTIFY` channel over which the api asks the collab server to
+ * restore a page to an earlier version (issue #42, ADR 0013). The api does the
+ * permission check, then emits this; the collab server owns the live document,
+ * so it snapshots the current state (a `PRE_RESTORE` version) and applies the
+ * restored content as a normal edit through the document, converging every open
+ * client. Payload is a JSON {@link PageRestoreRequest}.
+ */
+export const PAGE_RESTORE_CHANNEL = 'page_restore';
+
+/** JSON payload carried on {@link PAGE_RESTORE_CHANNEL}. */
+export interface PageRestoreRequest {
+  pageId: string;
+  versionId: string;
+  /** The user who triggered the restore (recorded on the pre-restore snapshot). */
+  userId: string;
+}
+
 /** The application claims carried by a collaboration token. */
 export const collabTokenClaimsSchema = z.object({
   userId: z.string().min(1),
diff --git a/packages/shared/src/index.ts b/packages/shared/src/index.ts
index 8e91c43..efb1ddc 100644
--- a/packages/shared/src/index.ts
+++ b/packages/shared/src/index.ts
@@ -9,3 +9,4 @@ export * from './i18n-tools';
 export * from './pages';
 export * from './ponds';
 export * from './quotas';
+export * from './text-diff';
diff --git a/packages/shared/src/pages.ts b/packages/shared/src/pages.ts
index 1f305aa..8ec3af0 100644
--- a/packages/shared/src/pages.ts
+++ b/packages/shared/src/pages.ts
@@ -78,3 +78,11 @@ export interface PageVersionView {
   contributorIds: string[];
   createdAt: string;
 }
+
+/** A single version with its rendered content, for viewing/diffing (issue #42). */
+export interface PageVersionContentView extends PageVersionView {
+  /** Read-only HTML render of the snapshot. */
+  html: string;
+  /** Markdown of the snapshot, for the diff against the current page. */
+  markdown: string;
+}
diff --git a/packages/shared/src/text-diff.test.ts b/packages/shared/src/text-diff.test.ts
new file mode 100644
index 0000000..8374fa5
--- /dev/null
+++ b/packages/shared/src/text-diff.test.ts
@@ -0,0 +1,58 @@
+import { describe, expect, it } from 'vitest';
+
+import { diffMarkdown } from './text-diff';
+
+/** Concatenate the segments of one type back into a string. */
+function only(
+  segments: ReturnType<typeof diffMarkdown>,
+  type: 'added' | 'removed' | 'equal',
+): string {
+  return segments
+    .filter((s) => s.type === type)
+    .map((s) => s.value)
+    .join('');
+}
+
+describe('diffMarkdown (issue #42)', () => {
+  it('marks added and removed words against a fixture pair', () => {
+    const before = 'The quick brown fox';
+    const after = 'The slow brown fox jumps';
+    const segments = diffMarkdown(before, after);
+
+    expect(only(segments, 'removed')).toContain('quick');
+    expect(only(segments, 'added')).toContain('slow');
+    expect(only(segments, 'added')).toContain('jumps');
+    // Unchanged words stay in the equal channel.
+    expect(only(segments, 'equal')).toContain('brown');
+    expect(only(segments, 'equal')).toContain('fox');
+  });
+
+  it('round-trips: equal+removed reconstructs before, equal+added reconstructs after', () => {
+    const before = '# Title\n\nHello world, this is old.';
+    const after = '# Title\n\nHello brave world, this is new.';
+    const segments = diffMarkdown(before, after);
+
+    const reconstructedBefore = segments
+      .filter((s) => s.type !== 'added')
+      .map((s) => s.value)
+      .join('');
+    const reconstructedAfter = segments
+      .filter((s) => s.type !== 'removed')
+      .map((s) => s.value)
+      .join('');
+    expect(reconstructedBefore).toBe(before);
+    expect(reconstructedAfter).toBe(after);
+  });
+
+  it('returns only equal segments for identical text', () => {
+    const text = 'nothing changed here';
+    const segments = diffMarkdown(text, text);
+    expect(segments.every((s) => s.type === 'equal')).toBe(true);
+    expect(only(segments, 'equal')).toBe(text);
+  });
+
+  it('handles empty before (pure insert) and empty after (pure delete)', () => {
+    expect(diffMarkdown('', 'brand new')).toEqual([{ type: 'added', value: 'brand new' }]);
+    expect(diffMarkdown('all gone', '')).toEqual([{ type: 'removed', value: 'all gone' }]);
+  });
+});
diff --git a/packages/shared/src/text-diff.ts b/packages/shared/src/text-diff.ts
new file mode 100644
index 0000000..7d8ae6d
--- /dev/null
+++ b/packages/shared/src/text-diff.ts
@@ -0,0 +1,78 @@
+/**
+ * A minimal word-level text diff for the version-history view (issue #42,
+ * ADR 0013 documents that a diff on the derived Markdown is sufficient — no
+ * structural diff UI in v1). Kept dependency-free and in `packages/shared` so
+ * the web app renders it and it can be unit-tested in isolation.
+ */
+
+export type DiffSegmentType = 'equal' | 'added' | 'removed';
+
+export interface DiffSegment {
+  type: DiffSegmentType;
+  value: string;
+}
+
+/** Split into alternating word and whitespace tokens so the text round-trips. */
+function tokenize(text: string): string[] {
+  return text.match(/\s+|\S+/g) ?? [];
+}
+
+function pushSegment(segments: DiffSegment[], type: DiffSegmentType, value: string): void {
+  const last = segments[segments.length - 1];
+  if (last && last.type === type) {
+    last.value += value;
+  } else {
+    segments.push({ type, value });
+  }
+}
+
+/**
+ * Diff `before` (an older version) against `after` (the current text),
+ * returning ordered segments. `removed` marks text only in `before`, `added`
+ * marks text only in `after`, `equal` is shared — consecutive tokens of the
+ * same kind are merged so the UI renders whole runs.
+ *
+ * Uses a standard longest-common-subsequence DP over tokens; page Markdown is
+ * small enough that the O(n·m) table is not a concern.
+ */
+export function diffMarkdown(before: string, after: string): DiffSegment[] {
+  const a = tokenize(before);
+  const b = tokenize(after);
+  const n = a.length;
+  const m = b.length;
+
+  // lcs[i][j] = length of the LCS of a[i..] and b[j..].
+  const lcs: number[][] = Array.from({ length: n + 1 }, () => new Array<number>(m + 1).fill(0));
+  for (let i = n - 1; i >= 0; i -= 1) {
+    for (let j = m - 1; j >= 0; j -= 1) {
+      lcs[i]![j] =
+        a[i] === b[j] ? lcs[i + 1]![j + 1]! + 1 : Math.max(lcs[i + 1]![j]!, lcs[i]![j + 1]!);
+    }
+  }
+
+  const segments: DiffSegment[] = [];
+  let i = 0;
+  let j = 0;
+  while (i < n && j < m) {
+    if (a[i] === b[j]) {
+      pushSegment(segments, 'equal', a[i]!);
+      i += 1;
+      j += 1;
+    } else if (lcs[i + 1]![j]! >= lcs[i]![j + 1]!) {
+      pushSegment(segments, 'removed', a[i]!);
+      i += 1;
+    } else {
+      pushSegment(segments, 'added', b[j]!);
+      j += 1;
+    }
+  }
+  while (i < n) {
+    pushSegment(segments, 'removed', a[i]!);
+    i += 1;
+  }
+  while (j < m) {
+    pushSegment(segments, 'added', b[j]!);
+    j += 1;
+  }
+  return segments;
+}