diff --git a/p2p/transport/quic/tracer.go b/p2p/transport/quic/tracer.go
index 4b843a4a9..c5bbf7149 100644
--- a/p2p/transport/quic/tracer.go
+++ b/p2p/transport/quic/tracer.go
@@ -16,7 +16,7 @@ import (
 var tracer logging.Tracer
 
 func init() {
-	tracers := []logging.Tracer{}
+	tracers := []logging.Tracer{&metricsTracer{}}
 	if qlogDir := os.Getenv("QLOGDIR"); len(qlogDir) > 0 {
 		if qlogger := initQlogger(qlogDir); qlogger != nil {
 			tracers = append(tracers, qlogger)
diff --git a/p2p/transport/quic/tracer_metrics.go b/p2p/transport/quic/tracer_metrics.go
new file mode 100644
index 000000000..376d34607
--- /dev/null
+++ b/p2p/transport/quic/tracer_metrics.go
@@ -0,0 +1,369 @@
+package libp2pquic
+
+import (
+	"net"
+	"sync"
+	"time"
+
+	"github.com/lucas-clemente/quic-go/logging"
+	"github.com/prometheus/client_golang/prometheus"
+)
+
+var (
+	bytesTransferred *prometheus.CounterVec
+	newConns         *prometheus.CounterVec
+	closedConns      *prometheus.CounterVec
+	sentPackets      *prometheus.CounterVec
+	rcvdPackets      *prometheus.CounterVec
+	bufferedPackets  *prometheus.CounterVec
+	droppedPackets   *prometheus.CounterVec
+	lostPackets      *prometheus.CounterVec
+	connErrors       *prometheus.CounterVec
+)
+
+type aggregatingCollector struct {
+	mutex sync.Mutex
+
+	conns         map[string] /* conn ID */ *metricsConnTracer
+	rtts          prometheus.Histogram
+	connDurations prometheus.Histogram
+}
+
+func newAggregatingCollector() *aggregatingCollector {
+	return &aggregatingCollector{
+		conns: make(map[string]*metricsConnTracer),
+		rtts: prometheus.NewHistogram(prometheus.HistogramOpts{
+			Name:    "quic_smoothed_rtt",
+			Help:    "Smoothed RTT",
+			Buckets: prometheus.ExponentialBuckets(0.001, 1.25, 40), // 1ms to ~6000ms
+		}),
+		connDurations: prometheus.NewHistogram(prometheus.HistogramOpts{
+			Name:    "quic_connection_duration",
+			Help:    "Connection Duration",
+			Buckets: prometheus.ExponentialBuckets(1, 1.5, 40), // 1s to ~12 weeks
+		}),
+	}
+}
+
+var _ prometheus.Collector = &aggregatingCollector{}
+
+func (c *aggregatingCollector) Describe(descs chan<- *prometheus.Desc) {
+	descs <- c.rtts.Desc()
+	descs <- c.connDurations.Desc()
+}
+
+func (c *aggregatingCollector) Collect(metrics chan<- prometheus.Metric) {
+	now := time.Now()
+	c.mutex.Lock()
+	for _, conn := range c.conns {
+		if rtt, valid := conn.getSmoothedRTT(); valid {
+			c.rtts.Observe(rtt.Seconds())
+		}
+		c.connDurations.Observe(now.Sub(conn.startTime).Seconds())
+	}
+	c.mutex.Unlock()
+	metrics <- c.rtts
+	metrics <- c.connDurations
+}
+
+func (c *aggregatingCollector) AddConn(id string, t *metricsConnTracer) {
+	c.mutex.Lock()
+	c.conns[id] = t
+	c.mutex.Unlock()
+}
+
+func (c *aggregatingCollector) RemoveConn(id string) {
+	c.mutex.Lock()
+	delete(c.conns, id)
+	c.mutex.Unlock()
+}
+
+var collector *aggregatingCollector
+
+func init() {
+	const (
+		direction = "direction"
+		encLevel  = "encryption_level"
+	)
+
+	closedConns = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_closed_connections",
+			Help: "closed QUIC connection",
+		},
+		[]string{direction},
+	)
+	prometheus.MustRegister(closedConns)
+	newConns = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_new_connections",
+			Help: "new QUIC connection",
+		},
+		[]string{direction, "handshake_successful"},
+	)
+	prometheus.MustRegister(newConns)
+	bytesTransferred = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_bytes_transferred",
+			Help: "QUIC bytes transferred",
+		},
+		[]string{direction}, // TODO: this is confusing. Other times, we use direction for the perspective
+	)
+	prometheus.MustRegister(bytesTransferred)
+	sentPackets = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_sent_packets",
+			Help: "QUIC packets sent",
+		},
+		[]string{encLevel},
+	)
+	prometheus.MustRegister(sentPackets)
+	rcvdPackets = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_rcvd_packets",
+			Help: "QUIC packets received",
+		},
+		[]string{encLevel},
+	)
+	prometheus.MustRegister(rcvdPackets)
+	bufferedPackets = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_buffered_packets",
+			Help: "Buffered packets",
+		},
+		[]string{"packet_type"},
+	)
+	prometheus.MustRegister(bufferedPackets)
+	droppedPackets = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_dropped_packets",
+			Help: "Dropped packets",
+		},
+		[]string{"packet_type", "reason"},
+	)
+	prometheus.MustRegister(droppedPackets)
+	connErrors = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_conn_errors",
+			Help: "QUIC connection errors",
+		},
+		[]string{"side", "error_code"},
+	)
+	prometheus.MustRegister(connErrors)
+	lostPackets = prometheus.NewCounterVec(
+		prometheus.CounterOpts{
+			Name: "quic_lost_packets",
+			Help: "QUIC lost received",
+		},
+		[]string{encLevel, "reason"},
+	)
+	prometheus.MustRegister(lostPackets)
+	collector = newAggregatingCollector()
+	prometheus.MustRegister(collector)
+}
+
+type metricsTracer struct{}
+
+func (m *metricsTracer) TracerForConnection(p logging.Perspective, connID logging.ConnectionID) logging.ConnectionTracer {
+	return &metricsConnTracer{perspective: p, connID: connID}
+}
+
+func (m *metricsTracer) SentPacket(_ net.Addr, _ *logging.Header, size logging.ByteCount, _ []logging.Frame) {
+	bytesTransferred.WithLabelValues("sent").Add(float64(size))
+}
+
+func (m *metricsTracer) DroppedPacket(addr net.Addr, packetType logging.PacketType, count logging.ByteCount, reason logging.PacketDropReason) {
+}
+
+type metricsConnTracer struct {
+	perspective       logging.Perspective
+	startTime         time.Time
+	connID            logging.ConnectionID
+	handshakeComplete bool
+
+	mutex              sync.Mutex
+	numRTTMeasurements int
+	rtt                time.Duration
+}
+
+var _ logging.ConnectionTracer = &metricsConnTracer{}
+
+func (m *metricsConnTracer) getDirection() string {
+	if m.perspective == logging.PerspectiveClient {
+		return "outgoing"
+	}
+	return "incoming"
+}
+
+func (m *metricsConnTracer) getEncLevel(packetType logging.PacketType) string {
+	switch packetType {
+	case logging.PacketType0RTT:
+		return "0-RTT"
+	case logging.PacketTypeInitial:
+		return "Initial"
+	case logging.PacketTypeHandshake:
+		return "Handshake"
+	case logging.PacketTypeRetry:
+		return "Retry"
+	case logging.PacketType1RTT:
+		return "1-RTT"
+	default:
+		return "unknown"
+	}
+}
+
+func (m *metricsConnTracer) StartedConnection(net.Addr, net.Addr, logging.VersionNumber, logging.ConnectionID, logging.ConnectionID) {
+	m.startTime = time.Now()
+	collector.AddConn(m.connID.String(), m)
+}
+
+func (m *metricsConnTracer) ClosedConnection(r logging.CloseReason) {
+	if _, _, ok := r.ApplicationError(); ok {
+		return
+	}
+	var desc string
+	side := "local"
+	if _, ok := r.StatelessReset(); ok {
+		side = "remote"
+		desc = "stateless_reset"
+	}
+	if timeout, ok := r.Timeout(); ok {
+		switch timeout {
+		case logging.TimeoutReasonHandshake:
+			desc = "handshake_timeout"
+		case logging.TimeoutReasonIdle:
+			desc = "idle_timeout"
+		default:
+			desc = "unknown timeout"
+		}
+	}
+	if code, remote, ok := r.TransportError(); ok {
+		if code == 0xc { // ignore APPLICATION_ERROR
+			return
+		}
+		if remote {
+			side = "remote"
+		}
+		desc = code.String()
+	}
+	connErrors.WithLabelValues(side, desc).Inc()
+}
+func (m *metricsConnTracer) SentTransportParameters(parameters *logging.TransportParameters)     {}
+func (m *metricsConnTracer) ReceivedTransportParameters(parameters *logging.TransportParameters) {}
+func (m *metricsConnTracer) RestoredTransportParameters(parameters *logging.TransportParameters) {}
+func (m *metricsConnTracer) SentPacket(hdr *logging.ExtendedHeader, size logging.ByteCount, _ *logging.AckFrame, _ []logging.Frame) {
+	bytesTransferred.WithLabelValues("sent").Add(float64(size))
+	sentPackets.WithLabelValues(m.getEncLevel(logging.PacketTypeFromHeader(&hdr.Header))).Inc()
+}
+
+func (m *metricsConnTracer) ReceivedVersionNegotiationPacket(hdr *logging.Header, v []logging.VersionNumber) {
+	bytesTransferred.WithLabelValues("rcvd").Add(float64(hdr.ParsedLen() + logging.ByteCount(4*len(v))))
+	rcvdPackets.WithLabelValues("Version Negotiation").Inc()
+}
+
+func (m *metricsConnTracer) ReceivedRetry(*logging.Header) {
+	rcvdPackets.WithLabelValues("Retry").Inc()
+}
+
+func (m *metricsConnTracer) ReceivedPacket(hdr *logging.ExtendedHeader, size logging.ByteCount, _ []logging.Frame) {
+	bytesTransferred.WithLabelValues("rcvd").Add(float64(size))
+	rcvdPackets.WithLabelValues(m.getEncLevel(logging.PacketTypeFromHeader(&hdr.Header))).Inc()
+}
+
+func (m *metricsConnTracer) BufferedPacket(packetType logging.PacketType) {
+	bufferedPackets.WithLabelValues(m.getEncLevel(packetType)).Inc()
+}
+
+func (m *metricsConnTracer) DroppedPacket(packetType logging.PacketType, size logging.ByteCount, r logging.PacketDropReason) {
+	bytesTransferred.WithLabelValues("rcvd").Add(float64(size))
+	var reason string
+	switch r {
+	case logging.PacketDropKeyUnavailable:
+		reason = "key_unavailable"
+	case logging.PacketDropUnknownConnectionID:
+		reason = "unknown_connection_id"
+	case logging.PacketDropHeaderParseError:
+		reason = "header_parse_error"
+	case logging.PacketDropPayloadDecryptError:
+		reason = "payload_decrypt_error"
+	case logging.PacketDropProtocolViolation:
+		reason = "protocol_violation"
+	case logging.PacketDropDOSPrevention:
+		reason = "dos_prevention"
+	case logging.PacketDropUnsupportedVersion:
+		reason = "unsupported_version"
+	case logging.PacketDropUnexpectedPacket:
+		reason = "unexpected_packet"
+	case logging.PacketDropUnexpectedSourceConnectionID:
+		reason = "unexpected_source_connection_id"
+	case logging.PacketDropUnexpectedVersion:
+		reason = "unexpected_version"
+	case logging.PacketDropDuplicate:
+		reason = "duplicate"
+	default:
+		reason = "unknown"
+	}
+	droppedPackets.WithLabelValues(m.getEncLevel(packetType), reason).Inc()
+}
+
+func (m *metricsConnTracer) UpdatedMetrics(rttStats *logging.RTTStats, cwnd, bytesInFlight logging.ByteCount, packetsInFlight int) {
+	m.mutex.Lock()
+	m.rtt = rttStats.SmoothedRTT()
+	m.numRTTMeasurements++
+	m.mutex.Unlock()
+}
+
+func (m *metricsConnTracer) LostPacket(level logging.EncryptionLevel, _ logging.PacketNumber, r logging.PacketLossReason) {
+	var reason string
+	switch r {
+	case logging.PacketLossReorderingThreshold:
+		reason = "reordering_threshold"
+	case logging.PacketLossTimeThreshold:
+		reason = "time_threshold"
+	default:
+		reason = "unknown"
+	}
+	lostPackets.WithLabelValues(level.String(), reason).Inc()
+}
+
+func (m *metricsConnTracer) UpdatedCongestionState(state logging.CongestionState) {}
+func (m *metricsConnTracer) UpdatedPTOCount(value uint32)                         {}
+func (m *metricsConnTracer) UpdatedKeyFromTLS(level logging.EncryptionLevel, perspective logging.Perspective) {
+}
+func (m *metricsConnTracer) UpdatedKey(generation logging.KeyPhase, remote bool) {}
+func (m *metricsConnTracer) DroppedEncryptionLevel(level logging.EncryptionLevel) {
+	if level == logging.EncryptionHandshake {
+		m.handleHandshakeComplete()
+	}
+}
+func (m *metricsConnTracer) DroppedKey(generation logging.KeyPhase) {}
+func (m *metricsConnTracer) SetLossTimer(timerType logging.TimerType, level logging.EncryptionLevel, time time.Time) {
+}
+
+func (m *metricsConnTracer) LossTimerExpired(timerType logging.TimerType, level logging.EncryptionLevel) {
+}
+func (m *metricsConnTracer) LossTimerCanceled() {}
+
+func (m *metricsConnTracer) Close() {
+	if m.handshakeComplete {
+		closedConns.WithLabelValues(m.getDirection()).Inc()
+	} else {
+		newConns.WithLabelValues(m.getDirection(), "false").Inc()
+	}
+	collector.RemoveConn(m.connID.String())
+}
+
+func (m *metricsConnTracer) Debug(name, msg string) {}
+
+func (m *metricsConnTracer) handleHandshakeComplete() {
+	m.handshakeComplete = true
+	newConns.WithLabelValues(m.getDirection(), "true").Inc()
+}
+
+func (m *metricsConnTracer) getSmoothedRTT() (rtt time.Duration, valid bool) {
+	m.mutex.Lock()
+	rtt = m.rtt
+	valid = m.numRTTMeasurements > 10
+	m.mutex.Unlock()
+	return
+}