diff --git a/Utilities/JIT.cpp b/Utilities/JIT.cpp
index 994dae2a3c..8b2f95efde 100644
--- a/Utilities/JIT.cpp
+++ b/Utilities/JIT.cpp
@@ -68,16 +68,16 @@ static u8* s_unwind_info;
 static u64 s_unwind_size;
 
 #ifdef _WIN32
-static std::vector<RUNTIME_FUNCTION> s_unwind; // Custom .pdata section replacement
+static std::vector<std::vector<RUNTIME_FUNCTION>> s_unwind; // .pdata
 #endif
 
 // Helper class
 struct MemoryManager final : llvm::RTDyldMemoryManager
 {
-	std::unordered_map<std::string, std::uintptr_t> table;
+	std::unordered_map<std::string, std::uintptr_t>& m_link;
 
-	MemoryManager(std::unordered_map<std::string, std::uintptr_t>&& table)
-		: table(std::move(table))
+	MemoryManager(std::unordered_map<std::string, std::uintptr_t>& table)
+		: m_link(table)
 	{
 	}
 
@@ -95,9 +95,9 @@ struct MemoryManager final : llvm::RTDyldMemoryManager
 			return addr;
 		}
 
-		const auto found = table.find(name);
+		const auto found = m_link.find(name);
 
-		if (found != table.end())
+		if (found != m_link.end())
 		{
 			return found->second;
 		}
@@ -131,7 +131,7 @@ struct MemoryManager final : llvm::RTDyldMemoryManager
 		s_code_addr = (u8*)m_next;
 		s_code_size = size;
 
-		LOG_SUCCESS(GENERAL, "LLVM: Code section %u '%s' allocated -> %p (size=0x%llx, aligned 0x%x)", sec_id, sec_name.data(), m_next, size, align);
+		LOG_NOTICE(GENERAL, "LLVM: Code section %u '%s' allocated -> %p (size=0x%llx, aligned 0x%x)", sec_id, sec_name.data(), m_next, size, align);
 		return (u8*)std::exchange(m_next, (void*)next);
 	}
 
@@ -161,21 +161,21 @@ struct MemoryManager final : llvm::RTDyldMemoryManager
 			return nullptr;
 		}
 
-		LOG_SUCCESS(GENERAL, "LLVM: Data section %u '%s' allocated -> %p (size=0x%llx, aligned 0x%x, %s)", sec_id, sec_name.data(), m_next, size, align, is_ro ? "ro" : "rw");
+		LOG_NOTICE(GENERAL, "LLVM: Data section %u '%s' allocated -> %p (size=0x%llx, aligned 0x%x, %s)", sec_id, sec_name.data(), m_next, size, align, is_ro ? "ro" : "rw");
 		return (u8*)std::exchange(m_next, (void*)next);
 	}
 
 	virtual bool finalizeMemory(std::string* = nullptr) override
 	{
 		// TODO: make only read-only sections read-only
-#ifdef _WIN32
-		DWORD op;
-		VirtualProtect(s_memory, (u64)m_next - (u64)s_memory, PAGE_READONLY, &op);
-		VirtualProtect(s_code_addr, s_code_size, PAGE_EXECUTE_READ, &op);
-#else
-		::mprotect(s_memory, (u64)m_next - (u64)s_memory, PROT_READ);
-		::mprotect(s_code_addr, s_code_size, PROT_READ | PROT_EXEC);
-#endif
+//#ifdef _WIN32
+//		DWORD op;
+//		VirtualProtect(s_memory, (u64)m_next - (u64)s_memory, PAGE_READONLY, &op);
+//		VirtualProtect(s_code_addr, s_code_size, PAGE_EXECUTE_READ, &op);
+//#else
+//		::mprotect(s_memory, (u64)m_next - (u64)s_memory, PROT_READ);
+//		::mprotect(s_code_addr, s_code_size, PROT_READ | PROT_EXEC);
+//#endif
 		return false;
 	}
 
@@ -197,11 +197,16 @@ struct MemoryManager final : llvm::RTDyldMemoryManager
 	~MemoryManager()
 	{
 #ifdef _WIN32
-		if (!RtlDeleteFunctionTable(s_unwind.data()))
+		for (auto&& unwind : s_unwind)
 		{
-			LOG_FATAL(GENERAL, "RtlDeleteFunctionTable(%p) failed! Error %u", s_unwind_info, GetLastError());
+			if (!RtlDeleteFunctionTable(unwind.data()))
+			{
+				LOG_FATAL(GENERAL, "RtlDeleteFunctionTable() failed! Error %u", GetLastError());
+			}
 		}
 
+		s_unwind.clear();
+
 		if (!VirtualFree(s_memory, 0, MEM_DECOMMIT))
 		{
 			LOG_FATAL(GENERAL, "VirtualFree(%p) failed! Error %u", s_memory, GetLastError());
@@ -223,36 +228,44 @@ private:
 // Helper class
 struct EventListener final : llvm::JITEventListener
 {
+	std::string path;
+
 	virtual void NotifyObjectEmitted(const llvm::object::ObjectFile& obj, const llvm::RuntimeDyld::LoadedObjectInfo& inf) override
 	{
-		const llvm::StringRef elf = obj.getData();
-		fs::file(fs::get_config_dir() + "LLVM.obj", fs::rewrite)
-			.write(elf.data(), elf.size());
+		if (!path.empty())
+		{
+			const llvm::StringRef elf = obj.getData();
+			fs::file(path, fs::rewrite).write(elf.data(), elf.size());
+		}
 	}
 };
 
 static EventListener s_listener;
 
-jit_compiler::jit_compiler(std::unique_ptr<llvm::Module>&& _module, std::unordered_map<std::string, std::uintptr_t>&& table)
+jit_compiler::jit_compiler(std::unordered_map<std::string, std::uintptr_t> init_linkage_info)
+	: m_link(std::move(init_linkage_info))
 {
 	verify(HERE), s_memory;
 
-	std::string result;
-
-	const auto module_ptr = _module.get();
-
 	// Initialization
 	llvm::InitializeNativeTarget();
 	llvm::InitializeNativeTargetAsmPrinter();
 	LLVMLinkInMCJIT();
-	const auto _cpu = llvm::sys::getHostCPUName();
+	m_cpu = llvm::sys::getHostCPUName();
 
-	m_engine.reset(llvm::EngineBuilder(std::move(_module))
+	if (m_cpu == "skylake")
+	{
+		m_cpu = "haswell";
+	}
+
+	std::string result;
+
+	m_engine.reset(llvm::EngineBuilder(std::make_unique<llvm::Module>("", g_llvm_ctx))
 		.setErrorStr(&result)
-		.setMCJITMemoryManager(std::make_unique<MemoryManager>(std::move(table)))
+		.setMCJITMemoryManager(std::make_unique<MemoryManager>(m_link))
 		.setOptLevel(llvm::CodeGenOpt::Aggressive)
 		.setCodeModel((u64)s_memory <= 0x60000000 ? llvm::CodeModel::Small : llvm::CodeModel::Large) // TODO
-		.setMCPU(_cpu == "skylake" ? "haswell" : _cpu)
+		.setMCPU(m_cpu)
 		.create());
 
 	if (!m_engine)
@@ -262,8 +275,45 @@ jit_compiler::jit_compiler(std::unique_ptr<llvm::Module>&& _module, std::unorder
 
 	m_engine->setProcessAllSections(true); // ???
 	m_engine->RegisterJITEventListener(&s_listener);
+}
+
+void jit_compiler::load(std::unique_ptr<llvm::Module> module, std::unique_ptr<llvm::object::ObjectFile> object)
+{
+	s_listener.path.clear();
+
+	auto* module_ptr = module.get();
+
+	m_engine->addModule(std::move(module));
+	m_engine->addObjectFile(std::move(object));
 	m_engine->finalizeObject();
 
+	m_map.clear();
+
+	for (auto& func : module_ptr->functions())
+	{
+		const std::string& name = func.getName();
+
+		if (!m_link.count(name))
+		{
+			// Register compiled function
+			m_map[name] = m_engine->getFunctionAddress(name);
+		}
+	}
+
+	init();
+}
+
+void jit_compiler::make(std::unique_ptr<llvm::Module> module, std::string path)
+{
+	s_listener.path = std::move(path);
+
+	auto* module_ptr = module.get();
+
+	m_engine->addModule(std::move(module));
+	m_engine->finalizeObject();
+
+	m_map.clear();
+
 	for (auto& func : module_ptr->functions())
 	{
 		if (!func.empty())
@@ -278,6 +328,11 @@ jit_compiler::jit_compiler(std::unique_ptr<llvm::Module>&& _module, std::unorder
 		func.deleteBody();
 	}
 
+	init();
+}
+
+void jit_compiler::init()
+{
 #ifdef _WIN32
 	// Register .xdata UNWIND_INFO (.pdata section is empty for some reason)
 	std::set<u64> func_set;
@@ -290,8 +345,8 @@ jit_compiler::jit_compiler(std::unique_ptr<llvm::Module>&& _module, std::unorder
 	const u64 base = (u64)s_memory;
 	const u8* bits = s_unwind_info;
 
-	s_unwind.clear();
-	s_unwind.reserve(m_map.size());
+	std::vector<RUNTIME_FUNCTION> unwind;
+	unwind.reserve(m_map.size());
 
 	for (const u64 addr : func_set)
 	{
@@ -304,7 +359,7 @@ jit_compiler::jit_compiler(std::unique_ptr<llvm::Module>&& _module, std::unorder
 		uw.BeginAddress = static_cast<u32>(addr - base);
 		uw.EndAddress   = static_cast<u32>(next - base);
 		uw.UnwindData   = static_cast<u32>((u64)bits - base);
-		s_unwind.emplace_back(uw);
+		unwind.emplace_back(uw);
 
 		// Parse .xdata UNWIND_INFO record
 		const u8 flags = *bits++; // Version and flags
@@ -327,14 +382,16 @@ jit_compiler::jit_compiler(std::unique_ptr<llvm::Module>&& _module, std::unorder
 	{
 		LOG_ERROR(GENERAL, "LLVM: .xdata analysis failed! (%p != %p)", s_unwind_info + s_unwind_size, bits);
 	}
-	else if (!RtlAddFunctionTable(s_unwind.data(), (DWORD)s_unwind.size(), base))
+	else if (!RtlAddFunctionTable(unwind.data(), (DWORD)unwind.size(), base))
 	{
 		LOG_ERROR(GENERAL, "RtlAddFunctionTable(%p) failed! Error %u", s_unwind_info, GetLastError());
 	}
 	else
 	{
-		LOG_SUCCESS(GENERAL, "LLVM: UNWIND_INFO registered (%p, size=0x%llx)", s_unwind_info, s_unwind_size);
+		LOG_NOTICE(GENERAL, "LLVM: UNWIND_INFO registered (%p, size=0x%llx)", s_unwind_info, s_unwind_size);
 	}
+
+	s_unwind.emplace_back(std::move(unwind));
 #endif
 }
 
diff --git a/Utilities/JIT.h b/Utilities/JIT.h
index d24a7f0ed0..f9e7c2f499 100644
--- a/Utilities/JIT.h
+++ b/Utilities/JIT.h
@@ -31,10 +31,25 @@ class jit_compiler final
 	// Compiled functions
 	std::unordered_map<std::string, std::uintptr_t> m_map;
 
+	// Linkage cache
+	std::unordered_map<std::string, std::uintptr_t> m_link;
+
+	// Arch
+	std::string m_cpu;
+
+	// Internal
+	void init();
+
 public:
-	jit_compiler(std::unique_ptr<llvm::Module>&&, std::unordered_map<std::string, std::uintptr_t>&&);
+	jit_compiler(std::unordered_map<std::string, std::uintptr_t>);
 	~jit_compiler();
 
+	// Compile module
+	void make(std::unique_ptr<llvm::Module>, std::string);
+
+	// Load object
+	void load(std::unique_ptr<llvm::Module>, std::unique_ptr<llvm::object::ObjectFile>);
+
 	// Get compiled function address
 	std::uintptr_t get(const std::string& name) const
 	{
@@ -47,6 +62,12 @@ public:
 
 		return 0;
 	}
+
+	// Get CPU info
+	const std::string& cpu() const
+	{
+		return m_cpu;
+	}
 };
 
 #endif
diff --git a/rpcs3/Emu/Cell/PPUAnalyser.cpp b/rpcs3/Emu/Cell/PPUAnalyser.cpp
index 5f8e9c2abb..659e920b3f 100644
--- a/rpcs3/Emu/Cell/PPUAnalyser.cpp
+++ b/rpcs3/Emu/Cell/PPUAnalyser.cpp
@@ -1136,9 +1136,11 @@ std::vector<ppu_function> ppu_analyse(const std::vector<std::pair<u32, u32>>& se
 	// Convert map to vector (destructive)
 	std::vector<ppu_function> result;
 
-	for (auto&& func : funcs)
+	for (auto&& pair : funcs)
 	{
-		result.emplace_back(std::move(func.second));
+		auto& func = pair.second;
+		LOG_TRACE(PPU, "Function __0x%x (size=0x%x, toc=0x%x, attr %#x)", func.addr, func.size, func.toc, func.attr);
+		result.emplace_back(std::move(func));
 	}
 
 	LOG_NOTICE(PPU, "Function analysis: %zu functions (%zu enqueued)", result.size(), func_queue.size());
diff --git a/rpcs3/Emu/Cell/PPUAnalyser.h b/rpcs3/Emu/Cell/PPUAnalyser.h
index 2a3516c33b..c5fb3a3bee 100644
--- a/rpcs3/Emu/Cell/PPUAnalyser.h
+++ b/rpcs3/Emu/Cell/PPUAnalyser.h
@@ -35,6 +35,13 @@ struct ppu_function
 	std::set<u32> called_from; // Set of called functions
 };
 
+// PPU Module Information
+struct ppu_module
+{
+	std::string name;
+	std::vector<ppu_function> funcs;
+};
+
 // Aux
 struct ppu_pattern
 {
diff --git a/rpcs3/Emu/Cell/PPUModule.cpp b/rpcs3/Emu/Cell/PPUModule.cpp
index 7ed9ddc6fa..c3fc2702c5 100644
--- a/rpcs3/Emu/Cell/PPUModule.cpp
+++ b/rpcs3/Emu/Cell/PPUModule.cpp
@@ -117,6 +117,8 @@ cfg::set_entry g_cfg_load_libs(cfg::root.core, "Load libraries");
 extern std::string ppu_get_function_name(const std::string& module, u32 fnid);
 extern std::string ppu_get_variable_name(const std::string& module, u32 vnid);
 extern void ppu_register_range(u32 addr, u32 size);
+extern void ppu_initialize(const ppu_module& info);
+extern void ppu_initialize();
 
 extern void sys_initialize_tls(ppu_thread&, u64, u32, u32, u32);
 
@@ -735,7 +737,7 @@ static void ppu_load_imports(const std::shared_ptr<ppu_linkage_info>& link, u32
 	}
 }
 
-std::shared_ptr<lv2_prx> ppu_load_prx(const ppu_prx_object& elf)
+std::shared_ptr<lv2_prx> ppu_load_prx(const ppu_prx_object& elf, const std::string& name)
 {
 	std::vector<std::pair<u32, u32>> segments;
 	std::vector<std::pair<u32, u32>> sections;
@@ -931,7 +933,7 @@ std::shared_ptr<lv2_prx> ppu_load_prx(const ppu_prx_object& elf)
 	prx->start.set(prx->specials[0xbc9a0086]);
 	prx->stop.set(prx->specials[0xab779874]);
 	prx->exit.set(prx->specials[0x3ab9a95e]);
-
+	prx->name = name;
 	return prx;
 }
 
@@ -953,9 +955,6 @@ void ppu_load_exec(const ppu_exec_object& elf)
 	// Section info (optional)
 	std::vector<std::pair<u32, u32>> sections;
 
-	// Functions
-	std::vector<ppu_function> exec_set;
-
 	// TLS information
 	u32 tls_vaddr = 0;
 	u32 tls_fsize = 0;
@@ -1114,7 +1113,7 @@ void ppu_load_exec(const ppu_exec_object& elf)
 	}
 
 	// Initialize process
-	std::vector<u32> start_funcs;
+	std::vector<std::shared_ptr<lv2_prx>> loaded_modules;
 
 	// Load modules
 	const std::string& lle_dir = vfs::get("/dev_flash/sys/external");
@@ -1125,7 +1124,7 @@ void ppu_load_exec(const ppu_exec_object& elf)
 
 		if (obj == elf_error::ok)
 		{
-			start_funcs.push_back(ppu_load_prx(obj)->start.addr());
+			loaded_modules.push_back(ppu_load_prx(obj, "liblv2.sprx"));
 		}
 		else
 		{
@@ -1142,16 +1141,7 @@ void ppu_load_exec(const ppu_exec_object& elf)
 			{
 				LOG_WARNING(LOADER, "Loading library: %s", name);
 
-				const auto prx = ppu_load_prx(obj);
-
-				// Register start function
-				if (prx->start)
-				{
-					start_funcs.push_back(prx->start.addr());
-				}
-
-				// Add functions
-				exec_set.insert(exec_set.end(), prx->funcs.begin(), prx->funcs.end());
+				auto prx = ppu_load_prx(obj, name);
 
 				if (prx->funcs.empty())
 				{
@@ -1162,6 +1152,8 @@ void ppu_load_exec(const ppu_exec_object& elf)
 					// TODO: fix arguments
 					ppu_validate(lle_dir + '/' + name, prx->funcs, prx->funcs[0].addr);
 				}
+
+				loaded_modules.emplace_back(std::move(prx));
 			}
 			else
 			{
@@ -1292,18 +1284,15 @@ void ppu_load_exec(const ppu_exec_object& elf)
 		}
 	}
 
-	// Analyse executable
-	std::vector<ppu_function> main_funcs = ppu_analyse(segments, sections, 0);
+	{
+		// Analyse executable
+		std::vector<ppu_function> main_funcs = ppu_analyse(segments, sections, 0);
 
-	ppu_validate(vfs::get(Emu.GetPath()), main_funcs, 0);
+		ppu_validate(vfs::get(Emu.GetPath()), main_funcs, 0);
 
-	// Append
-	exec_set.insert(exec_set.cend(),
-		std::make_move_iterator(main_funcs.begin()),
-		std::make_move_iterator(main_funcs.end()));
-
-	// Share function list
-	fxm::make<std::vector<ppu_function>>(std::move(exec_set));
+		// Share function list
+		fxm::make<std::vector<ppu_function>>(std::move(main_funcs));
+	}
 
 	// Set SDK version
 	g_ps3_sdk_version = sdk_version;
@@ -1344,13 +1333,18 @@ void ppu_load_exec(const ppu_exec_object& elf)
 	}
 
 	// Run start functions
-	for (u32 func : start_funcs)
+	for (const auto& prx : loaded_modules)
 	{
+		if (!prx->start)
+		{
+			continue;
+		}
+
 		// Reset arguments, run module entry point function
 		ppu->cmd_list
 		({
 			{ ppu_cmd::set_args, 2 }, u64{0}, u64{0},
-			{ ppu_cmd::lle_call, func },
+			{ ppu_cmd::lle_call, prx->start.addr() },
 		});
 	}
 
diff --git a/rpcs3/Emu/Cell/PPUModule.h b/rpcs3/Emu/Cell/PPUModule.h
index 3cf893ef4b..527e460039 100644
--- a/rpcs3/Emu/Cell/PPUModule.h
+++ b/rpcs3/Emu/Cell/PPUModule.h
@@ -4,6 +4,8 @@
 #include "PPUCallback.h"
 #include "ErrorCodes.h"
 
+#include <map>
+
 // Generate FNID or VNID for given name
 extern u32 ppu_generate_id(const char* name);
 
@@ -41,8 +43,8 @@ public:
 	task_stack on_load;
 	task_stack on_unload;
 
-	std::unordered_map<u32, ppu_static_function> functions;
-	std::unordered_map<u32, ppu_static_variable> variables;
+	std::map<u32, ppu_static_function> functions;
+	std::map<u32, ppu_static_variable> variables;
 
 public:
 	ppu_static_module(const char* name);
diff --git a/rpcs3/Emu/Cell/PPUThread.cpp b/rpcs3/Emu/Cell/PPUThread.cpp
index 6eec05e5ca..583e578f21 100644
--- a/rpcs3/Emu/Cell/PPUThread.cpp
+++ b/rpcs3/Emu/Cell/PPUThread.cpp
@@ -1,6 +1,7 @@
 #include "stdafx.h"
 #include "Utilities/Config.h"
 #include "Utilities/VirtualMemory.h"
+#include "Crypto/sha1.h"
 #include "Emu/Memory/Memory.h"
 #include "Emu/System.h"
 #include "Emu/IdManager.h"
@@ -9,6 +10,7 @@
 #include "PPUAnalyser.h"
 #include "PPUModule.h"
 #include "lv2/sys_sync.h"
+#include "lv2/sys_prx.h"
 
 #ifdef LLVM_AVAILABLE
 #include "restore_new.h"
@@ -93,7 +95,8 @@ cfg::map_entry<ppu_decoder_type> g_cfg_ppu_decoder(cfg::root.core, "PPU Decoder"
 const ppu_decoder<ppu_interpreter_precise> s_ppu_interpreter_precise;
 const ppu_decoder<ppu_interpreter_fast> s_ppu_interpreter_fast;
 
-static void ppu_initialize();
+extern void ppu_initialize();
+extern void ppu_initialize(const ppu_module& info);
 extern void ppu_execute_syscall(ppu_thread& ppu, u64 code);
 extern void ppu_execute_function(ppu_thread& ppu, u32 index);
 
@@ -679,27 +682,27 @@ static void ppu_trace(u64 addr)
 	LOG_NOTICE(PPU, "Trace: 0x%llx", addr);
 }
 
-static u32 ppu_lwarx(u32 addr)
+extern u32 ppu_lwarx(ppu_thread& ppu, u32 addr)
 {
 	be_t<u32> reg_value;
 	vm::reservation_acquire(&reg_value, addr, sizeof(reg_value));
 	return reg_value;
 }
 
-static u64 ppu_ldarx(u32 addr)
+extern u64 ppu_ldarx(ppu_thread& ppu, u32 addr)
 {
 	be_t<u64> reg_value;
 	vm::reservation_acquire(&reg_value, addr, sizeof(reg_value));
 	return reg_value;
 }
 
-static bool ppu_stwcx(u32 addr, u32 reg_value)
+extern bool ppu_stwcx(ppu_thread& ppu, u32 addr, u32 reg_value)
 {
 	const be_t<u32> data = reg_value;
 	return vm::reservation_update(addr, &data, sizeof(data));
 }
 
-static bool ppu_stdcx(u32 addr, u64 reg_value)
+extern bool ppu_stdcx(ppu_thread& ppu, u32 addr, u64 reg_value)
 {
 	const be_t<u64> data = reg_value;
 	return vm::reservation_update(addr, &data, sizeof(data));
@@ -716,9 +719,14 @@ static bool adde_carry(u64 a, u64 b, bool c)
 #endif
 }
 
-static void ppu_initialize()
+extern void ppu_initialize()
 {
-	const auto _funcs = fxm::get_always<std::vector<ppu_function>>();
+	const auto _funcs = fxm::withdraw<std::vector<ppu_function>>();
+
+	if (!_funcs)
+	{
+		return;
+	}
 
 	if (g_cfg_ppu_decoder.get() != ppu_decoder_type::llvm || _funcs->empty())
 	{
@@ -739,38 +747,145 @@ static void ppu_initialize()
 		return;
 	}
 
-	std::unordered_map<std::string, std::uintptr_t> link_table
+	std::size_t fpos = 0;
+
+	while (fpos < _funcs->size())
 	{
-		{ "__mptr", (u64)&vm::g_base_addr },
-		{ "__cptr", (u64)&s_ppu_compiled },
-		{ "__trap", (u64)&ppu_trap },
-		{ "__end", (u64)&ppu_unreachable },
-		{ "__check", (u64)&ppu_check },
-		{ "__trace", (u64)&ppu_trace },
-		{ "__hlecall", (u64)&ppu_execute_function },
-		{ "__syscall", (u64)&ppu_execute_syscall },
-		{ "__get_tb", (u64)&get_timebased_time },
-		{ "__lwarx", (u64)&ppu_lwarx },
-		{ "__ldarx", (u64)&ppu_ldarx },
-		{ "__stwcx", (u64)&ppu_stwcx },
-		{ "__stdcx", (u64)&ppu_stdcx },
-		{ "__adde_get_ca", (u64)&adde_carry },
-		{ "__vexptefp", (u64)&sse_exp2_ps },
-		{ "__vlogefp", (u64)&sse_log2_ps },
-		{ "__vperm", (u64)&sse_altivec_vperm },
-		{ "__lvsl", (u64)&sse_altivec_lvsl },
-		{ "__lvsr", (u64)&sse_altivec_lvsr },
-		{ "__lvlx", (u64)&sse_cellbe_lvlx },
-		{ "__lvrx", (u64)&sse_cellbe_lvrx },
-		{ "__stvlx", (u64)&sse_cellbe_stvlx },
-		{ "__stvrx", (u64)&sse_cellbe_stvrx },
-	};
+		// Split module (TODO)
+		ppu_module info;
+		info.name = fmt::format("%05X", _funcs->at(fpos).addr);
+		info.funcs.reserve(2000);
+		
+		while (fpos < _funcs->size() && info.funcs.size() < 2000)
+		{
+			info.funcs.emplace_back(std::move(_funcs->at(fpos++)));
+		}
+
+		if (!Emu.IsStopped())
+		{
+			ppu_initialize(info);
+		}
+	}
+
+	idm::select<lv2_obj, lv2_prx>([](u32, lv2_prx& prx)
+	{
+		if (!Emu.IsStopped())
+		{
+			ppu_initialize(prx);
+		}
+	});	
+}
+
+extern void ppu_initialize(const ppu_module& info)
+{
+	if (g_cfg_ppu_decoder.get() != ppu_decoder_type::llvm)
+	{
+		for (const auto& func : info.funcs)
+		{
+			ppu_register_function_at(func.addr, func.size, nullptr);
+		}
+
+		return;
+	}
+
+	// Compute module hash
+	std::string obj_name;
+	{
+		sha1_context ctx;
+		u8 output[20];
+		sha1_starts(&ctx);
+
+		for (const auto& func : info.funcs)
+		{
+			if (func.size == 0)
+			{
+				continue;
+			}
+
+			const be_t<u32> addr = func.addr;
+			const be_t<u32> size = func.size;
+			sha1_update(&ctx, reinterpret_cast<const u8*>(&addr), sizeof(addr));
+			sha1_update(&ctx, reinterpret_cast<const u8*>(&size), sizeof(size));
+
+			for (const auto& block : func.blocks)
+			{
+				if (block.second == 0)
+				{
+					continue;
+				}
+
+				sha1_update(&ctx, vm::ps3::_ptr<const u8>(block.first), block.second);
+			}
+		}
+		
+		sha1_finish(&ctx, output);
+
+		// Version, module name and hash: vX-liblv2.sprx-0123456789ABCDEF.obj
+		fmt::append(obj_name, "v0-%s-%016X.obj", info.name, reinterpret_cast<be_t<u64>&>(output));
+	}
 
 #ifdef LLVM_AVAILABLE
 	using namespace llvm;
 
+	if (!fxm::check<jit_compiler>())
+	{
+		std::unordered_map<std::string, std::uintptr_t> link_table
+		{
+			{ "__mptr", (u64)&vm::g_base_addr },
+			{ "__cptr", (u64)&s_ppu_compiled },
+			{ "__trap", (u64)&ppu_trap },
+			{ "__end", (u64)&ppu_unreachable },
+			{ "__check", (u64)&ppu_check },
+			{ "__trace", (u64)&ppu_trace },
+			{ "__hlecall", (u64)&ppu_execute_function },
+			{ "__syscall", (u64)&ppu_execute_syscall },
+			{ "__get_tb", (u64)&get_timebased_time },
+			{ "__lwarx", (u64)&ppu_lwarx },
+			{ "__ldarx", (u64)&ppu_ldarx },
+			{ "__stwcx", (u64)&ppu_stwcx },
+			{ "__stdcx", (u64)&ppu_stdcx },
+			{ "__adde_get_ca", (u64)&adde_carry },
+			{ "__vexptefp", (u64)&sse_exp2_ps },
+			{ "__vlogefp", (u64)&sse_log2_ps },
+			{ "__vperm", (u64)&sse_altivec_vperm },
+			{ "__lvsl", (u64)&sse_altivec_lvsl },
+			{ "__lvsr", (u64)&sse_altivec_lvsr },
+			{ "__lvlx", (u64)&sse_cellbe_lvlx },
+			{ "__lvrx", (u64)&sse_cellbe_lvrx },
+			{ "__stvlx", (u64)&sse_cellbe_stvlx },
+			{ "__stvrx", (u64)&sse_cellbe_stvrx },
+		};
+
+		for (u64 index = 0; index < 1024; index++)
+		{
+			if (auto sc = ppu_get_syscall(index))
+			{
+				link_table.emplace(ppu_get_syscall_name(index), (u64)sc);
+			}
+		}
+
+		for (u64 index = 1; ; index++)
+		{
+			if (auto func = ppu_get_function(index))
+			{
+				link_table.emplace(ppu_get_module_function_name(index), (u64)func);
+			}
+			else
+			{
+				break;
+			}
+		}
+
+		const auto jit = fxm::make<jit_compiler>(std::move(link_table));
+
+		LOG_SUCCESS(PPU, "LLVM: JIT initialized (%s)", jit->cpu());
+	}
+
+	// Initialize compiler
+	const auto jit = fxm::get<jit_compiler>();
+
 	// Create LLVM module
-	std::unique_ptr<Module> module = std::make_unique<Module>("", g_llvm_ctx);
+	std::unique_ptr<Module> module = std::make_unique<Module>(obj_name, g_llvm_ctx);
 
 	// Initialize target
 	module->setTargetTriple(Triple::normalize(sys::getProcessTriple()));
@@ -783,16 +898,44 @@ static void ppu_initialize()
 	const auto _func = FunctionType::get(_void, { translator->GetContextType()->getPointerTo() }, false);
 
 	// Initialize function list
-	for (const auto& info : *_funcs)
+	for (const auto& func : info.funcs)
 	{
-		if (info.size)
+		if (func.size)
 		{
-			const auto f = cast<Function>(module->getOrInsertFunction(fmt::format("__0x%x", info.addr), _func));
+			const auto f = cast<Function>(module->getOrInsertFunction(fmt::format("__0x%x", func.addr), _func));
 			f->addAttribute(1, Attribute::NoAlias);
-			translator->AddFunction(info.addr, f);
+			translator->AddFunction(func.addr, f);
 		}
 	}
 
+	if (fs::file cached{Emu.GetCachePath() + obj_name})
+	{
+		std::string buf;
+		buf.reserve(cached.size());
+		cached.read(buf, cached.size());
+		auto buffer = llvm::MemoryBuffer::getMemBuffer(buf, obj_name);
+		auto result = llvm::object::ObjectFile::createObjectFile(*buffer);
+		
+		if (result)
+		{
+			jit->load(std::move(module), std::move(result.get()));
+
+			for (const auto& func : info.funcs)
+			{
+				if (func.size)
+				{
+					const std::uintptr_t link = jit->get(fmt::format("__0x%x", func.addr));
+					s_ppu_compiled[func.addr / 4] = ::narrow<u32>(link);
+				}
+			}
+
+			LOG_SUCCESS(PPU, "LLVM: Loaded executable: %s", obj_name);
+			return;
+		}
+		
+		LOG_ERROR(PPU, "LLVM: Failed to load executable: %s", obj_name);
+	}
+
 	legacy::FunctionPassManager pm(module.get());
 	
 	// Basic optimizations
@@ -831,11 +974,11 @@ static void ppu_initialize()
 
 	Emu.CallAfter([=]()
 	{
-		dlg->Create("Recompiling PPU executable.\nPlease wait...");
+		dlg->Create("Compiling PPU executable: " + info.name + "\nPlease wait...");
 	});
 
 	// Translate functions
-	for (size_t fi = 0; fi < _funcs->size(); fi++)
+	for (size_t fi = 0, fmax = info.funcs.size(); fi < fmax; fi++)
 	{
 		if (Emu.IsStopped())
 		{
@@ -843,21 +986,19 @@ static void ppu_initialize()
 			return;
 		}
 
-		auto& info = _funcs->at(fi);
-
-		if (info.size)
+		if (info.funcs[fi].size)
 		{
-			// Update dialog
-			Emu.CallAfter([=, max = _funcs->size()]()
+			// Update dialog		
+			Emu.CallAfter([=, max = info.funcs.size()]()
 			{
-				dlg->ProgressBarSetMsg(0, fmt::format("Compiling %u of %u", fi + 1, max));
+				dlg->ProgressBarSetMsg(0, fmt::format("Compiling %u of %u", fi + 1, fmax));
 
-				if (fi * 100 / max != (fi + 1) * 100 / max)
+				if (fi * 100 / fmax != (fi + 1) * 100 / fmax)
 					dlg->ProgressBarInc(0, 1);
 			});
 
 			// Translate
-			const auto func = translator->TranslateToIR(info, vm::_ptr<u32>(info.addr));
+			const auto func = translator->TranslateToIR(info.funcs[fi], vm::_ptr<u32>(info.funcs[fi].addr));
 
 			// Run optimization passes
 			pm.run(*func);
@@ -883,7 +1024,6 @@ static void ppu_initialize()
 						{
 							const auto n = ppu_get_syscall_name(index);
 							const auto f = cast<Function>(module->getOrInsertFunction(n, _func));
-							link_table.emplace(n, reinterpret_cast<std::uintptr_t>(ptr));
 
 							// Call the syscall directly
 							ReplaceInstWithInst(ci, CallInst::Create(f, {ci->getArgOperand(0)}));
@@ -898,7 +1038,6 @@ static void ppu_initialize()
 						{
 							const auto n = ppu_get_module_function_name(index);
 							const auto f = cast<Function>(module->getOrInsertFunction(n, _func));
-							link_table.emplace(n, reinterpret_cast<std::uintptr_t>(ptr));
 
 							// Call the function directly
 							ReplaceInstWithInst(ci, CallInst::Create(f, {ci->getArgOperand(0)}));
@@ -966,30 +1105,20 @@ static void ppu_initialize()
 		return;
 	}
 
-	LOG_SUCCESS(PPU, "LLVM: %zu functions generated", module->getFunctionList().size());
+	LOG_NOTICE(PPU, "LLVM: %zu functions generated", module->getFunctionList().size());
 
-	Module* module_ptr = module.get();
-
-	const auto jit = fxm::make<jit_compiler>(std::move(module), std::move(link_table));
-
-	if (!jit)
-	{
-		LOG_FATAL(PPU, "LLVM: Multiple modules are not yet supported");
-		return;
-	}
+	jit->make(std::move(module), Emu.GetCachePath() + obj_name);
 
 	// Get and install function addresses
-	for (const auto& info : *_funcs)
+	for (const auto& func : info.funcs)
 	{
-		if (info.size)
+		if (func.size)
 		{
-			const std::uintptr_t link = jit->get(fmt::format("__0x%x", info.addr));
-			s_ppu_compiled[info.addr / 4] = ::narrow<u32>(link);
-
-			LOG_TRACE(PPU, "** Function __0x%x -> 0x%llx (size=0x%x, toc=0x%x, attr %#x)", info.addr, link, info.size, info.toc, info.attr);
+			const std::uintptr_t link = jit->get(fmt::format("__0x%x", func.addr));
+			s_ppu_compiled[func.addr / 4] = ::narrow<u32>(link);
 		}
 	}
 
-	LOG_SUCCESS(PPU, "LLVM: Compilation finished (%s)", sys::getHostCPUName().data());
+	LOG_SUCCESS(PPU, "LLVM: Created executable: %s", obj_name);
 #endif
 }
diff --git a/rpcs3/Emu/Cell/PPUTranslator.cpp b/rpcs3/Emu/Cell/PPUTranslator.cpp
index ae5bec9670..9447c8d568 100644
--- a/rpcs3/Emu/Cell/PPUTranslator.cpp
+++ b/rpcs3/Emu/Cell/PPUTranslator.cpp
@@ -245,12 +245,12 @@ Function* PPUTranslator::TranslateToIR(const ppu_function& info, be_t<u32>* bin,
 
 		// Bloat the beginning of each block: check state
 		const auto vstate = m_ir->CreateLoad(m_ir->CreateConstGEP2_32(nullptr, m_thread, 0, 1));
-		const auto vblock = BasicBlock::Create(m_context, fmt::format("l0c_%llx", m_current_addr), m_function);
-		const auto vcheck = BasicBlock::Create(m_context, fmt::format("lcc_%llx", m_current_addr), m_function);
+		const auto vblock = BasicBlock::Create(m_context, fmt::format("l0c_%llx", block.first), m_function);
+		const auto vcheck = BasicBlock::Create(m_context, fmt::format("lcc_%llx", block.first), m_function);
 
 		m_ir->CreateCondBr(m_ir->CreateIsNull(vstate), vblock, vcheck, m_md_unlikely);
 		m_ir->SetInsertPoint(vcheck);
-		Call(GetType<void>(), "__check", m_thread, m_ir->getInt64(m_current_addr));
+		Call(GetType<void>(), "__check", m_thread, m_ir->getInt64(block.first));
 		m_ir->CreateBr(vblock);
 		m_ir->SetInsertPoint(vblock);
 
@@ -2355,7 +2355,7 @@ void PPUTranslator::MFOCRF(ppu_opcode_t op)
 
 void PPUTranslator::LWARX(ppu_opcode_t op)
 {
-	SetGpr(op.rd, Call(GetType<u32>(), "__lwarx", op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb)));
+	SetGpr(op.rd, Call(GetType<u32>(), "__lwarx", m_thread, op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb)));
 }
 
 void PPUTranslator::LDX(ppu_opcode_t op)
@@ -2491,7 +2491,7 @@ void PPUTranslator::MULHW(ppu_opcode_t op)
 
 void PPUTranslator::LDARX(ppu_opcode_t op)
 {
-	SetGpr(op.rd, Call(GetType<u64>(), "__ldarx", op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb)));
+	SetGpr(op.rd, Call(GetType<u64>(), "__ldarx", m_thread, op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb)));
 }
 
 void PPUTranslator::DCBF(ppu_opcode_t op)
@@ -2601,7 +2601,7 @@ void PPUTranslator::STDX(ppu_opcode_t op)
 
 void PPUTranslator::STWCX(ppu_opcode_t op)
 {
-	const auto bit = Call(GetType<bool>(), "__stwcx", op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb), GetGpr(op.rs, 32));
+	const auto bit = Call(GetType<bool>(), "__stwcx", m_thread, op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb), GetGpr(op.rs, 32));
 	SetCrField(0, m_ir->getFalse(), m_ir->getFalse(), bit);
 }
 
@@ -2662,7 +2662,7 @@ void PPUTranslator::SUBFZE(ppu_opcode_t op)
 
 void PPUTranslator::STDCX(ppu_opcode_t op)
 {
-	const auto bit = Call(GetType<bool>(), "__stdcx", op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb), GetGpr(op.rs));
+	const auto bit = Call(GetType<bool>(), "__stdcx", m_thread, op.ra ? m_ir->CreateAdd(GetGpr(op.ra), GetGpr(op.rb)) : GetGpr(op.rb), GetGpr(op.rs));
 	SetCrField(0, m_ir->getFalse(), m_ir->getFalse(), bit);
 }
 
diff --git a/rpcs3/Emu/Cell/lv2/sys_prx.cpp b/rpcs3/Emu/Cell/lv2/sys_prx.cpp
index 0b110c788b..83698df989 100644
--- a/rpcs3/Emu/Cell/lv2/sys_prx.cpp
+++ b/rpcs3/Emu/Cell/lv2/sys_prx.cpp
@@ -10,7 +10,8 @@
 
 namespace vm { using namespace ps3; }
 
-extern std::shared_ptr<lv2_prx> ppu_load_prx(const ppu_prx_object&);
+extern std::shared_ptr<lv2_prx> ppu_load_prx(const ppu_prx_object&, const std::string&);
+extern void ppu_initialize(const ppu_module&);
 
 logs::channel sys_prx("sys_prx", logs::level::notice);
 
@@ -25,13 +26,15 @@ s32 prx_load_module(std::string path, u64 flags, vm::ptr<sys_prx_load_module_opt
 		return CELL_PRX_ERROR_ILLEGAL_LIBRARY;
 	}
 
-	const auto prx = ppu_load_prx(obj);
+	const auto prx = ppu_load_prx(obj, path.substr(path.find_last_of('/') + 1));
 
 	if (!prx)
 	{
 		return CELL_PRX_ERROR_ILLEGAL_LIBRARY;
 	}
 
+	ppu_initialize(*prx);
+
 	return idm::last_id();
 }
 
diff --git a/rpcs3/Emu/Cell/lv2/sys_prx.h b/rpcs3/Emu/Cell/lv2/sys_prx.h
index 47d04c849d..11e2bf2d40 100644
--- a/rpcs3/Emu/Cell/lv2/sys_prx.h
+++ b/rpcs3/Emu/Cell/lv2/sys_prx.h
@@ -73,14 +73,13 @@ struct sys_prx_get_module_list_t
 	vm::ps3::bptr<s32> idlist;
 };
 
-struct lv2_prx final : lv2_obj
+struct lv2_prx final : lv2_obj, ppu_module
 {
 	static const u32 id_base = 0x23000000;
 
 	bool is_started = false;
 
 	std::unordered_map<u32, u32> specials;
-	std::vector<ppu_function> funcs;
 
 	vm::ps3::ptr<s32(int argc, vm::ps3::ptr<void> argv)> start = vm::null;
 	vm::ps3::ptr<s32(int argc, vm::ps3::ptr<void> argv)> stop = vm::null;
diff --git a/rpcs3/Emu/System.cpp b/rpcs3/Emu/System.cpp
index 9210284a26..739aab8981 100644
--- a/rpcs3/Emu/System.cpp
+++ b/rpcs3/Emu/System.cpp
@@ -49,7 +49,7 @@ extern u64 get_system_time();
 extern void ppu_load_exec(const ppu_exec_object&);
 extern void spu_load_exec(const spu_exec_object&);
 extern void arm_load_exec(const arm_exec_object&);
-extern std::shared_ptr<struct lv2_prx> ppu_load_prx(const ppu_prx_object&);
+extern std::shared_ptr<struct lv2_prx> ppu_load_prx(const ppu_prx_object&, const std::string&);
 extern void ppu_finalize();
 
 fs::file g_tty;
@@ -321,7 +321,7 @@ void Emulator::Load()
 			g_system = system_type::ps3;
 			m_status = Ready;
 			vm::ps3::init();
-			ppu_load_prx(ppu_prx);
+			ppu_load_prx(ppu_prx, "");
 		}
 		else if (spu_exec.open(elf_file) == elf_error::ok)
 		{