diff --git a/Builds/levelization/results/loops.txt b/Builds/levelization/results/loops.txt
index f703a3a9d5..ca01e0f5e8 100644
--- a/Builds/levelization/results/loops.txt
+++ b/Builds/levelization/results/loops.txt
@@ -32,7 +32,7 @@ Loop: xrpld.core xrpld.net
   xrpld.net > xrpld.core
 
 Loop: xrpld.core xrpld.perflog
-  xrpld.perflog ~= xrpld.core
+  xrpld.perflog == xrpld.core
 
 Loop: xrpld.net xrpld.rpc
   xrpld.rpc ~= xrpld.net
diff --git a/Builds/levelization/results/ordering.txt b/Builds/levelization/results/ordering.txt
index 2856d783a1..396c99cb71 100644
--- a/Builds/levelization/results/ordering.txt
+++ b/Builds/levelization/results/ordering.txt
@@ -171,6 +171,7 @@ xrpld.nodestore > xrpl.protocol
 xrpld.overlay > xrpl.basics
 xrpld.overlay > xrpld.core
 xrpld.overlay > xrpld.peerfinder
+xrpld.overlay > xrpld.perflog
 xrpld.overlay > xrpl.json
 xrpld.overlay > xrpl.protocol
 xrpld.overlay > xrpl.resource
diff --git a/src/test/app/LedgerReplay_test.cpp b/src/test/app/LedgerReplay_test.cpp
index 0b555a712c..72db744311 100644
--- a/src/test/app/LedgerReplay_test.cpp
+++ b/src/test/app/LedgerReplay_test.cpp
@@ -106,6 +106,14 @@ public:
         return {};
     }
 
+    virtual void
+    acquireAsync(
+        uint256 const& hash,
+        std::uint32_t seq,
+        InboundLedger::Reason reason) override
+    {
+    }
+
     virtual std::shared_ptr<InboundLedger>
     find(LedgerHash const& hash) override
     {
diff --git a/src/test/app/Manifest_test.cpp b/src/test/app/Manifest_test.cpp
index bf7b14c0d2..0e25300417 100644
--- a/src/test/app/Manifest_test.cpp
+++ b/src/test/app/Manifest_test.cpp
@@ -255,7 +255,7 @@ public:
             setup.dataDir = getDatabasePath();
             assert(!setup.useGlobalPragma);
 
-            auto dbCon = makeTestWalletDB(setup, dbName);
+            auto dbCon = makeTestWalletDB(setup, dbName, env.journal);
 
             auto getPopulatedManifests =
                 [](ManifestCache const& cache) -> std::vector<Manifest const*> {
diff --git a/src/xrpld/app/consensus/RCLConsensus.cpp b/src/xrpld/app/consensus/RCLConsensus.cpp
index 69fb371578..263d660d00 100644
--- a/src/xrpld/app/consensus/RCLConsensus.cpp
+++ b/src/xrpld/app/consensus/RCLConsensus.cpp
@@ -134,8 +134,12 @@ RCLConsensus::Adaptor::acquireLedger(LedgerHash const& hash)
             acquiringLedger_ = hash;
 
             app_.getJobQueue().addJob(
-                jtADVANCE, "getConsensusLedger", [id = hash, &app = app_]() {
-                    app.getInboundLedgers().acquire(
+                jtADVANCE,
+                "getConsensusLedger1",
+                [id = hash, &app = app_, this]() {
+                    JLOG(j_.debug())
+                        << "JOB advanceLedger getConsensusLedger1 started";
+                    app.getInboundLedgers().acquireAsync(
                         id, 0, InboundLedger::Reason::CONSENSUS);
                 });
         }
diff --git a/src/xrpld/app/consensus/RCLValidations.cpp b/src/xrpld/app/consensus/RCLValidations.cpp
index 88e8d6c4e7..096ec56df6 100644
--- a/src/xrpld/app/consensus/RCLValidations.cpp
+++ b/src/xrpld/app/consensus/RCLValidations.cpp
@@ -27,6 +27,7 @@
 #include <xrpld/consensus/LedgerTiming.h>
 #include <xrpld/core/JobQueue.h>
 #include <xrpld/core/TimeKeeper.h>
+#include <xrpld/perflog/PerfLog.h>
 #include <xrpl/basics/Log.h>
 #include <xrpl/basics/StringUtilities.h>
 #include <xrpl/basics/chrono.h>
@@ -126,7 +127,13 @@ RCLValidationsAdaptor::now() const
 std::optional<RCLValidatedLedger>
 RCLValidationsAdaptor::acquire(LedgerHash const& hash)
 {
-    auto ledger = app_.getLedgerMaster().getLedgerByHash(hash);
+    using namespace std::chrono_literals;
+    auto ledger = perf::measureDurationAndLog(
+        [&]() { return app_.getLedgerMaster().getLedgerByHash(hash); },
+        "getLedgerByHash",
+        10ms,
+        j_);
+
     if (!ledger)
     {
         JLOG(j_.debug())
@@ -135,8 +142,10 @@ RCLValidationsAdaptor::acquire(LedgerHash const& hash)
         Application* pApp = &app_;
 
         app_.getJobQueue().addJob(
-            jtADVANCE, "getConsensusLedger", [pApp, hash]() {
-                pApp->getInboundLedgers().acquire(
+            jtADVANCE, "getConsensusLedger2", [pApp, hash, this]() {
+                JLOG(j_.debug())
+                    << "JOB advanceLedger getConsensusLedger2 started";
+                pApp->getInboundLedgers().acquireAsync(
                     hash, 0, InboundLedger::Reason::CONSENSUS);
             });
         return std::nullopt;
@@ -152,7 +161,9 @@ void
 handleNewValidation(
     Application& app,
     std::shared_ptr<STValidation> const& val,
-    std::string const& source)
+    std::string const& source,
+    BypassAccept const bypassAccept,
+    std::optional<beast::Journal> j)
 {
     auto const& signingKey = val->getSignerPublic();
     auto const& hash = val->getLedgerHash();
@@ -177,7 +188,21 @@ handleNewValidation(
     if (outcome == ValStatus::current)
     {
         if (val->isTrusted())
-            app.getLedgerMaster().checkAccept(hash, seq);
+        {
+            if (bypassAccept == BypassAccept::yes)
+            {
+                assert(j.has_value());
+                if (j.has_value())
+                {
+                    JLOG(j->trace()) << "Bypassing checkAccept for validation "
+                                     << val->getLedgerHash();
+                }
+            }
+            else
+            {
+                app.getLedgerMaster().checkAccept(hash, seq);
+            }
+        }
         return;
     }
 
diff --git a/src/xrpld/app/consensus/RCLValidations.h b/src/xrpld/app/consensus/RCLValidations.h
index c0d08280fe..7b1559fba4 100644
--- a/src/xrpld/app/consensus/RCLValidations.h
+++ b/src/xrpld/app/consensus/RCLValidations.h
@@ -25,12 +25,16 @@
 #include <xrpl/protocol/Protocol.h>
 #include <xrpl/protocol/RippleLedgerHash.h>
 #include <xrpl/protocol/STValidation.h>
+#include <optional>
+#include <set>
 #include <vector>
 
 namespace ripple {
 
 class Application;
 
+enum class BypassAccept : bool { no = false, yes };
+
 /** Wrapper over STValidation for generic Validation code
 
     Wraps an STValidation for compatibility with the generic validation code.
@@ -248,7 +252,9 @@ void
 handleNewValidation(
     Application& app,
     std::shared_ptr<STValidation> const& val,
-    std::string const& source);
+    std::string const& source,
+    BypassAccept const bypassAccept = BypassAccept::no,
+    std::optional<beast::Journal> j = std::nullopt);
 
 }  // namespace ripple
 
diff --git a/src/xrpld/app/ledger/InboundLedgers.h b/src/xrpld/app/ledger/InboundLedgers.h
index 8d3deb9c2d..937a151589 100644
--- a/src/xrpld/app/ledger/InboundLedgers.h
+++ b/src/xrpld/app/ledger/InboundLedgers.h
@@ -23,6 +23,7 @@
 #include <xrpld/app/ledger/InboundLedger.h>
 #include <xrpl/protocol/RippleLedgerHash.h>
 #include <memory>
+#include <set>
 
 namespace ripple {
 
@@ -37,11 +38,20 @@ public:
 
     virtual ~InboundLedgers() = default;
 
-    // VFALCO TODO Should this be called findOrAdd ?
-    //
+    // Callers should use this if they possibly need an authoritative
+    // response immediately.
     virtual std::shared_ptr<Ledger const>
     acquire(uint256 const& hash, std::uint32_t seq, InboundLedger::Reason) = 0;
 
+    // Callers should use this if they are known to be executing on the Job
+    // Queue. TODO review whether all callers of acquire() can use this
+    // instead. Inbound ledger acquisition is asynchronous anyway.
+    virtual void
+    acquireAsync(
+        uint256 const& hash,
+        std::uint32_t seq,
+        InboundLedger::Reason reason) = 0;
+
     virtual std::shared_ptr<InboundLedger>
     find(LedgerHash const& hash) = 0;
 
diff --git a/src/xrpld/app/ledger/detail/InboundLedger.cpp b/src/xrpld/app/ledger/detail/InboundLedger.cpp
index 5b0c346911..16b15c2fce 100644
--- a/src/xrpld/app/ledger/detail/InboundLedger.cpp
+++ b/src/xrpld/app/ledger/detail/InboundLedger.cpp
@@ -495,7 +495,7 @@ InboundLedger::trigger(std::shared_ptr<Peer> const& peer, TriggerReason reason)
         return;
     }
 
-    if (auto stream = journal_.trace())
+    if (auto stream = journal_.debug())
     {
         stream << "Trigger acquiring ledger " << hash_;
         if (peer)
diff --git a/src/xrpld/app/ledger/detail/InboundLedgers.cpp b/src/xrpld/app/ledger/detail/InboundLedgers.cpp
index 2b4d2161b6..72eb9e2718 100644
--- a/src/xrpld/app/ledger/detail/InboundLedgers.cpp
+++ b/src/xrpld/app/ledger/detail/InboundLedgers.cpp
@@ -22,11 +22,13 @@
 #include <xrpld/app/main/Application.h>
 #include <xrpld/app/misc/NetworkOPs.h>
 #include <xrpld/core/JobQueue.h>
+#include <xrpld/perflog/PerfLog.h>
 #include <xrpl/basics/DecayingSample.h>
 #include <xrpl/basics/Log.h>
 #include <xrpl/beast/container/aged_map.h>
 #include <xrpl/beast/core/LexicalCast.h>
 #include <xrpl/protocol/jss.h>
+#include <exception>
 #include <memory>
 #include <mutex>
 #include <vector>
@@ -68,54 +70,92 @@ public:
         std::uint32_t seq,
         InboundLedger::Reason reason) override
     {
-        assert(hash.isNonZero());
+        auto doAcquire = [&, seq, reason]() -> std::shared_ptr<Ledger const> {
+            assert(hash.isNonZero());
 
-        // probably not the right rule
-        if (app_.getOPs().isNeedNetworkLedger() &&
-            (reason != InboundLedger::Reason::GENERIC) &&
-            (reason != InboundLedger::Reason::CONSENSUS))
-            return {};
-
-        bool isNew = true;
-        std::shared_ptr<InboundLedger> inbound;
-        {
-            ScopedLockType sl(mLock);
-            if (stopping_)
-            {
+            // probably not the right rule
+            if (app_.getOPs().isNeedNetworkLedger() &&
+                (reason != InboundLedger::Reason::GENERIC) &&
+                (reason != InboundLedger::Reason::CONSENSUS))
                 return {};
+
+            bool isNew = true;
+            std::shared_ptr<InboundLedger> inbound;
+            {
+                ScopedLockType sl(mLock);
+                if (stopping_)
+                {
+                    return {};
+                }
+
+                auto it = mLedgers.find(hash);
+                if (it != mLedgers.end())
+                {
+                    isNew = false;
+                    inbound = it->second;
+                }
+                else
+                {
+                    inbound = std::make_shared<InboundLedger>(
+                        app_,
+                        hash,
+                        seq,
+                        reason,
+                        std::ref(m_clock),
+                        mPeerSetBuilder->build());
+                    mLedgers.emplace(hash, inbound);
+                    inbound->init(sl);
+                    ++mCounter;
+                }
             }
 
-            auto it = mLedgers.find(hash);
-            if (it != mLedgers.end())
-            {
-                isNew = false;
-                inbound = it->second;
-            }
-            else
-            {
-                inbound = std::make_shared<InboundLedger>(
-                    app_,
-                    hash,
-                    seq,
-                    reason,
-                    std::ref(m_clock),
-                    mPeerSetBuilder->build());
-                mLedgers.emplace(hash, inbound);
-                inbound->init(sl);
-                ++mCounter;
-            }
+            if (inbound->isFailed())
+                return {};
+
+            if (!isNew)
+                inbound->update(seq);
+
+            if (!inbound->isComplete())
+                return {};
+
+            return inbound->getLedger();
+        };
+        using namespace std::chrono_literals;
+        std::shared_ptr<Ledger const> ledger = perf::measureDurationAndLog(
+            doAcquire, "InboundLedgersImp::acquire", 500ms, j_);
+
+        return ledger;
+    }
+
+    void
+    acquireAsync(
+        uint256 const& hash,
+        std::uint32_t seq,
+        InboundLedger::Reason reason) override
+    {
+        std::unique_lock lock(acquiresMutex_);
+        try
+        {
+            if (pendingAcquires_.contains(hash))
+                return;
+            pendingAcquires_.insert(hash);
+            lock.unlock();
+            acquire(hash, seq, reason);
         }
-
-        if (inbound->isFailed())
-            return {};
-
-        if (!isNew)
-            inbound->update(seq);
-
-        if (!inbound->isComplete())
-            return {};
-
-        return inbound->getLedger();
+        catch (std::exception const& e)
+        {
+            JLOG(j_.warn())
+                << "Exception thrown for acquiring new inbound ledger " << hash
+                << ": " << e.what();
+        }
+        catch (...)
+        {
+            JLOG(j_.warn())
+                << "Unknown exception thrown for acquiring new inbound ledger "
+                << hash;
+        }
+        lock.lock();
+        pendingAcquires_.erase(hash);
     }
 
     std::shared_ptr<InboundLedger>
@@ -410,6 +450,9 @@ private:
     beast::insight::Counter mCounter;
 
     std::unique_ptr<PeerSetBuilder> mPeerSetBuilder;
+
+    std::set<uint256> pendingAcquires_;
+    std::mutex acquiresMutex_;
 };
 
 //------------------------------------------------------------------------------
diff --git a/src/xrpld/app/main/Application.cpp b/src/xrpld/app/main/Application.cpp
index d234f53990..a9d6667901 100644
--- a/src/xrpld/app/main/Application.cpp
+++ b/src/xrpld/app/main/Application.cpp
@@ -839,7 +839,7 @@ public:
             auto setup = setup_DatabaseCon(*config_, m_journal);
             setup.useGlobalPragma = false;
 
-            mWalletDB = makeWalletDB(setup);
+            mWalletDB = makeWalletDB(setup, m_journal);
         }
         catch (std::exception const& e)
         {
diff --git a/src/xrpld/app/main/Main.cpp b/src/xrpld/app/main/Main.cpp
index 154ac48763..54d5ab1f96 100644
--- a/src/xrpld/app/main/Main.cpp
+++ b/src/xrpld/app/main/Main.cpp
@@ -592,7 +592,7 @@ run(int argc, char** argv)
         try
         {
             auto setup = setup_DatabaseCon(*config);
-            if (!doVacuumDB(setup))
+            if (!doVacuumDB(setup, config->journal()))
                 return -1;
         }
         catch (std::exception const& e)
diff --git a/src/xrpld/app/misc/NetworkOPs.cpp b/src/xrpld/app/misc/NetworkOPs.cpp
index 208aab05aa..01906d306c 100644
--- a/src/xrpld/app/misc/NetworkOPs.cpp
+++ b/src/xrpld/app/misc/NetworkOPs.cpp
@@ -69,8 +69,10 @@
 #include <boost/asio/steady_timer.hpp>
 
 #include <algorithm>
+#include <exception>
 #include <mutex>
 #include <optional>
+#include <set>
 #include <string>
 #include <tuple>
 #include <unordered_map>
@@ -769,6 +771,9 @@ private:
 
     StateAccounting accounting_{};
 
+    std::set<uint256> pendingValidations_;
+    std::mutex validationsMutex_;
+
 private:
     struct Stats
     {
@@ -1718,7 +1723,8 @@ NetworkOPsImp::checkLastClosedLedger(
     }
 
     JLOG(m_journal.warn()) << "We are not running on the consensus ledger";
-    JLOG(m_journal.info()) << "Our LCL: " << getJson({*ourClosed, {}});
+    JLOG(m_journal.info()) << "Our LCL: " << ourClosed->info().hash
+                           << getJson({*ourClosed, {}});
     JLOG(m_journal.info()) << "Net LCL " << closedLedger;
 
     if ((mMode == OperatingMode::TRACKING) || (mMode == OperatingMode::FULL))
@@ -2295,7 +2301,35 @@ NetworkOPsImp::recvValidation(
     JLOG(m_journal.trace())
         << "recvValidation " << val->getLedgerHash() << " from " << source;
 
-    handleNewValidation(app_, val, source);
+    std::unique_lock lock(validationsMutex_);
+    BypassAccept bypassAccept = BypassAccept::no;
+    try
+    {
+        if (pendingValidations_.contains(val->getLedgerHash()))
+            bypassAccept = BypassAccept::yes;
+        else
+            pendingValidations_.insert(val->getLedgerHash());
+        lock.unlock();
+        handleNewValidation(app_, val, source, bypassAccept, m_journal);
+    }
+    catch (std::exception const& e)
+    {
+        JLOG(m_journal.warn())
+            << "Exception thrown for handling new validation "
+            << val->getLedgerHash() << ": " << e.what();
+    }
+    catch (...)
+    {
+        JLOG(m_journal.warn())
+            << "Unknown exception thrown for handling new validation "
+            << val->getLedgerHash();
+    }
+    if (bypassAccept == BypassAccept::no)
+    {
+        lock.lock();
+        pendingValidations_.erase(val->getLedgerHash());
+        lock.unlock();
+    }
 
     pubValidation(val);
 
diff --git a/src/xrpld/app/rdb/Vacuum.h b/src/xrpld/app/rdb/Vacuum.h
index 5ac796d43b..795c564db2 100644
--- a/src/xrpld/app/rdb/Vacuum.h
+++ b/src/xrpld/app/rdb/Vacuum.h
@@ -27,10 +27,11 @@ namespace ripple {
 /**
  * @brief doVacuumDB Creates, initialises, and performs cleanup on a database.
  * @param setup Path to the database and other opening parameters.
+ * @param j Journal.
  * @return True if the vacuum process completed successfully.
  */
 bool
-doVacuumDB(DatabaseCon::Setup const& setup);
+doVacuumDB(DatabaseCon::Setup const& setup, beast::Journal j);
 
 }  // namespace ripple
 
diff --git a/src/xrpld/app/rdb/Wallet.h b/src/xrpld/app/rdb/Wallet.h
index b79bf9f137..6130c9fc26 100644
--- a/src/xrpld/app/rdb/Wallet.h
+++ b/src/xrpld/app/rdb/Wallet.h
@@ -32,19 +32,24 @@ namespace ripple {
 /**
  * @brief makeWalletDB Opens the wallet database and returns it.
  * @param setup Path to the database and other opening parameters.
+ * @param j Journal.
  * @return Unique pointer to the database descriptor.
  */
 std::unique_ptr<DatabaseCon>
-makeWalletDB(DatabaseCon::Setup const& setup);
+makeWalletDB(DatabaseCon::Setup const& setup, beast::Journal j);
 
 /**
  * @brief makeTestWalletDB Opens a test wallet database with an arbitrary name.
  * @param setup Path to the database and other opening parameters.
  * @param dbname Name of the database.
+ * @param j Journal.
  * @return Unique pointer to the database descriptor.
  */
 std::unique_ptr<DatabaseCon>
-makeTestWalletDB(DatabaseCon::Setup const& setup, std::string const& dbname);
+makeTestWalletDB(
+    DatabaseCon::Setup const& setup,
+    std::string const& dbname,
+    beast::Journal j);
 
 /**
  * @brief getManifests Loads a manifest from the wallet database and stores it
diff --git a/src/xrpld/app/rdb/backend/detail/Node.cpp b/src/xrpld/app/rdb/backend/detail/Node.cpp
index 70e42b0ae8..36ff70d8dc 100644
--- a/src/xrpld/app/rdb/backend/detail/Node.cpp
+++ b/src/xrpld/app/rdb/backend/detail/Node.cpp
@@ -67,11 +67,12 @@ DatabasePairValid
 makeLedgerDBs(
     Config const& config,
     DatabaseCon::Setup const& setup,
-    DatabaseCon::CheckpointerSetup const& checkpointerSetup)
+    DatabaseCon::CheckpointerSetup const& checkpointerSetup,
+    beast::Journal j)
 {
     // ledger database
     auto lgr{std::make_unique<DatabaseCon>(
-        setup, LgrDBName, LgrDBPragma, LgrDBInit, checkpointerSetup)};
+        setup, LgrDBName, LgrDBPragma, LgrDBInit, checkpointerSetup, j)};
     lgr->getSession() << boost::str(
         boost::format("PRAGMA cache_size=-%d;") %
         kilobytes(config.getValueFor(SizedItem::lgrDBCache)));
@@ -80,7 +81,7 @@ makeLedgerDBs(
     {
         // transaction database
         auto tx{std::make_unique<DatabaseCon>(
-            setup, TxDBName, TxDBPragma, TxDBInit, checkpointerSetup)};
+            setup, TxDBName, TxDBPragma, TxDBInit, checkpointerSetup, j)};
         tx->getSession() << boost::str(
             boost::format("PRAGMA cache_size=-%d;") %
             kilobytes(config.getValueFor(SizedItem::txnDBCache)));
diff --git a/src/xrpld/app/rdb/backend/detail/Node.h b/src/xrpld/app/rdb/backend/detail/Node.h
index 5564adf895..59c484d206 100644
--- a/src/xrpld/app/rdb/backend/detail/Node.h
+++ b/src/xrpld/app/rdb/backend/detail/Node.h
@@ -47,6 +47,7 @@ struct DatabasePairValid
  * @param config Config object.
  * @param setup Path to database and opening parameters.
  * @param checkpointerSetup Database checkpointer setup.
+ * @param j Journal.
  * @return Struct DatabasePairValid which contain unique pointers to ledger
  *         and transaction databases and flag if opening was successfull.
  */
@@ -54,7 +55,8 @@ DatabasePairValid
 makeLedgerDBs(
     Config const& config,
     DatabaseCon::Setup const& setup,
-    DatabaseCon::CheckpointerSetup const& checkpointerSetup);
+    DatabaseCon::CheckpointerSetup const& checkpointerSetup,
+    beast::Journal j);
 
 /**
  * @brief getMinLedgerSeq Returns minimum ledger sequence in given table.
diff --git a/src/xrpld/app/rdb/backend/detail/SQLiteDatabase.cpp b/src/xrpld/app/rdb/backend/detail/SQLiteDatabase.cpp
index bc5992d03d..95836a85bb 100644
--- a/src/xrpld/app/rdb/backend/detail/SQLiteDatabase.cpp
+++ b/src/xrpld/app/rdb/backend/detail/SQLiteDatabase.cpp
@@ -246,7 +246,7 @@ SQLiteDatabaseImp::makeLedgerDBs(
     DatabaseCon::CheckpointerSetup const& checkpointerSetup)
 {
     auto [lgr, tx, res] =
-        detail::makeLedgerDBs(config, setup, checkpointerSetup);
+        detail::makeLedgerDBs(config, setup, checkpointerSetup, j_);
     txdb_ = std::move(tx);
     lgrdb_ = std::move(lgr);
     return res;
diff --git a/src/xrpld/app/rdb/detail/Vacuum.cpp b/src/xrpld/app/rdb/detail/Vacuum.cpp
index 71129c5b5d..92e20c8683 100644
--- a/src/xrpld/app/rdb/detail/Vacuum.cpp
+++ b/src/xrpld/app/rdb/detail/Vacuum.cpp
@@ -23,7 +23,7 @@
 namespace ripple {
 
 bool
-doVacuumDB(DatabaseCon::Setup const& setup)
+doVacuumDB(DatabaseCon::Setup const& setup, beast::Journal j)
 {
     boost::filesystem::path dbPath = setup.dataDir / TxDBName;
 
@@ -41,7 +41,7 @@ doVacuumDB(DatabaseCon::Setup const& setup)
     }
 
     auto txnDB =
-        std::make_unique<DatabaseCon>(setup, TxDBName, TxDBPragma, TxDBInit);
+        std::make_unique<DatabaseCon>(setup, TxDBName, TxDBPragma, TxDBInit, j);
     auto& session = txnDB->getSession();
     std::uint32_t pageSize;
 
diff --git a/src/xrpld/app/rdb/detail/Wallet.cpp b/src/xrpld/app/rdb/detail/Wallet.cpp
index bec727506d..d0631e6e63 100644
--- a/src/xrpld/app/rdb/detail/Wallet.cpp
+++ b/src/xrpld/app/rdb/detail/Wallet.cpp
@@ -23,19 +23,22 @@
 namespace ripple {
 
 std::unique_ptr<DatabaseCon>
-makeWalletDB(DatabaseCon::Setup const& setup)
+makeWalletDB(DatabaseCon::Setup const& setup, beast::Journal j)
 {
     // wallet database
     return std::make_unique<DatabaseCon>(
-        setup, WalletDBName, std::array<char const*, 0>(), WalletDBInit);
+        setup, WalletDBName, std::array<char const*, 0>(), WalletDBInit, j);
 }
 
 std::unique_ptr<DatabaseCon>
-makeTestWalletDB(DatabaseCon::Setup const& setup, std::string const& dbname)
+makeTestWalletDB(
+    DatabaseCon::Setup const& setup,
+    std::string const& dbname,
+    beast::Journal j)
 {
     // wallet database
     return std::make_unique<DatabaseCon>(
-        setup, dbname.data(), std::array<char const*, 0>(), WalletDBInit);
+        setup, dbname.data(), std::array<char const*, 0>(), WalletDBInit, j);
 }
 
 void
diff --git a/src/xrpld/core/Config.h b/src/xrpld/core/Config.h
index 2d8340e074..16950901f0 100644
--- a/src/xrpld/core/Config.h
+++ b/src/xrpld/core/Config.h
@@ -376,6 +376,12 @@ public:
     int
     getValueFor(SizedItem item, std::optional<std::size_t> node = std::nullopt)
         const;
+
+    beast::Journal
+    journal() const
+    {
+        return j_;
+    }
 };
 
 FeeSetup
diff --git a/src/xrpld/core/DatabaseCon.h b/src/xrpld/core/DatabaseCon.h
index 0ded37b173..219693b11e 100644
--- a/src/xrpld/core/DatabaseCon.h
+++ b/src/xrpld/core/DatabaseCon.h
@@ -23,6 +23,7 @@
 #include <xrpld/app/main/DBInit.h>
 #include <xrpld/core/Config.h>
 #include <xrpld/core/SociDB.h>
+#include <xrpld/perflog/PerfLog.h>
 #include <boost/filesystem/path.hpp>
 #include <mutex>
 #include <optional>
@@ -114,7 +115,8 @@ public:
         Setup const& setup,
         std::string const& dbName,
         std::array<char const*, N> const& pragma,
-        std::array<char const*, M> const& initSQL)
+        std::array<char const*, M> const& initSQL,
+        beast::Journal journal)
         // Use temporary files or regular DB files?
         : DatabaseCon(
               setup.standAlone && setup.startUp != Config::LOAD &&
@@ -124,7 +126,8 @@ public:
                   : (setup.dataDir / dbName),
               setup.commonPragma(),
               pragma,
-              initSQL)
+              initSQL,
+              journal)
     {
     }
 
@@ -135,8 +138,9 @@ public:
         std::string const& dbName,
         std::array<char const*, N> const& pragma,
         std::array<char const*, M> const& initSQL,
-        CheckpointerSetup const& checkpointerSetup)
-        : DatabaseCon(setup, dbName, pragma, initSQL)
+        CheckpointerSetup const& checkpointerSetup,
+        beast::Journal journal)
+        : DatabaseCon(setup, dbName, pragma, initSQL, journal)
     {
         setupCheckpointing(checkpointerSetup.jobQueue, *checkpointerSetup.logs);
     }
@@ -146,8 +150,9 @@ public:
         boost::filesystem::path const& dataDir,
         std::string const& dbName,
         std::array<char const*, N> const& pragma,
-        std::array<char const*, M> const& initSQL)
-        : DatabaseCon(dataDir / dbName, nullptr, pragma, initSQL)
+        std::array<char const*, M> const& initSQL,
+        beast::Journal journal)
+        : DatabaseCon(dataDir / dbName, nullptr, pragma, initSQL, journal)
     {
     }
 
@@ -158,8 +163,9 @@ public:
         std::string const& dbName,
         std::array<char const*, N> const& pragma,
         std::array<char const*, M> const& initSQL,
-        CheckpointerSetup const& checkpointerSetup)
-        : DatabaseCon(dataDir, dbName, pragma, initSQL)
+        CheckpointerSetup const& checkpointerSetup,
+        beast::Journal journal)
+        : DatabaseCon(dataDir, dbName, pragma, initSQL, journal)
     {
         setupCheckpointing(checkpointerSetup.jobQueue, *checkpointerSetup.logs);
     }
@@ -175,7 +181,14 @@ public:
     LockedSociSession
     checkoutDb()
     {
-        return LockedSociSession(session_, lock_);
+        using namespace std::chrono_literals;
+        LockedSociSession session = perf::measureDurationAndLog(
+            [&]() { return LockedSociSession(session_, lock_); },
+            "checkoutDb",
+            10ms,
+            j_);
+
+        return session;
     }
 
 private:
@@ -187,8 +200,9 @@ private:
         boost::filesystem::path const& pPath,
         std::vector<std::string> const* commonPragma,
         std::array<char const*, N> const& pragma,
-        std::array<char const*, M> const& initSQL)
-        : session_(std::make_shared<soci::session>())
+        std::array<char const*, M> const& initSQL,
+        beast::Journal journal)
+        : session_(std::make_shared<soci::session>()), j_(journal)
     {
         open(*session_, "sqlite", pPath.string());
 
@@ -222,6 +236,8 @@ private:
     // shared_ptr in this class. session_ will never be null.
     std::shared_ptr<soci::session> const session_;
     std::shared_ptr<Checkpointer> checkpointer_;
+
+    beast::Journal const j_;
 };
 
 // Return the checkpointer from its id. If the checkpointer no longer exists, an
diff --git a/src/xrpld/overlay/detail/PeerImp.cpp b/src/xrpld/overlay/detail/PeerImp.cpp
index 86e336f850..308a4e8b28 100644
--- a/src/xrpld/overlay/detail/PeerImp.cpp
+++ b/src/xrpld/overlay/detail/PeerImp.cpp
@@ -32,11 +32,13 @@
 #include <xrpld/overlay/detail/PeerImp.h>
 #include <xrpld/overlay/detail/Tuning.h>
 #include <xrpld/overlay/predicates.h>
+#include <xrpld/perflog/PerfLog.h>
 #include <xrpl/basics/UptimeClock.h>
 #include <xrpl/basics/base64.h>
 #include <xrpl/basics/random.h>
 #include <xrpl/basics/safe_cast.h>
 #include <xrpl/beast/core/LexicalCast.h>
+// #include <xrpl/beast/core/SemanticVersion.h>
 #include <xrpl/protocol/digest.h>
 
 #include <boost/algorithm/string/predicate.hpp>
@@ -894,8 +896,16 @@ PeerImp::onReadMessage(error_code ec, std::size_t bytes_transferred)
     while (read_buffer_.size() > 0)
     {
         std::size_t bytes_consumed;
-        std::tie(bytes_consumed, ec) =
-            invokeProtocolMessage(read_buffer_.data(), *this, hint);
+
+        using namespace std::chrono_literals;
+        std::tie(bytes_consumed, ec) = perf::measureDurationAndLog(
+            [&]() {
+                return invokeProtocolMessage(read_buffer_.data(), *this, hint);
+            },
+            "invokeProtocolMessage",
+            350ms,
+            journal_);
+
         if (ec)
             return fail("onReadMessage", ec);
         if (!socket_.is_open())
diff --git a/src/xrpld/perflog/PerfLog.h b/src/xrpld/perflog/PerfLog.h
index 17147ccce3..a7d66f57ad 100644
--- a/src/xrpld/perflog/PerfLog.h
+++ b/src/xrpld/perflog/PerfLog.h
@@ -179,6 +179,30 @@ make_PerfLog(
     beast::Journal journal,
     std::function<void()>&& signalStop);
 
+template <typename Func, class Rep, class Period>
+auto
+measureDurationAndLog(
+    Func&& func,
+    const std::string& actionDescription,
+    std::chrono::duration<Rep, Period> maxDelay,
+    const beast::Journal& journal)
+{
+    auto start_time = std::chrono::high_resolution_clock::now();
+
+    auto result = func();
+
+    auto end_time = std::chrono::high_resolution_clock::now();
+    auto duration = std::chrono::duration_cast<std::chrono::milliseconds>(
+        end_time - start_time);
+    if (duration > maxDelay)
+    {
+        JLOG(journal.warn())
+            << actionDescription << " took " << duration.count() << " ms";
+    }
+
+    return result;
+}
+
 }  // namespace perf
 }  // namespace ripple