diff --git a/platform/platform-impl/src/com/intellij/openapi/vfs/DiskQueryRelay.java b/platform/platform-impl/src/com/intellij/openapi/vfs/DiskQueryRelay.java
index 2a5cc2e7ca3d..5a4e65d40ac8 100644
--- a/platform/platform-impl/src/com/intellij/openapi/vfs/DiskQueryRelay.java
+++ b/platform/platform-impl/src/com/intellij/openapi/vfs/DiskQueryRelay.java
@@ -5,18 +5,22 @@ import com.intellij.execution.process.ProcessIOExecutorService;
 import com.intellij.openapi.progress.ProcessCanceledException;
 import com.intellij.openapi.progress.util.ProgressIndicatorUtils;
 import com.intellij.openapi.util.ThrowableComputable;
+import com.intellij.platform.diagnostic.telemetry.PlatformScopesKt;
+import com.intellij.platform.diagnostic.telemetry.TelemetryManager;
 import com.intellij.util.ExceptionUtil;
+import io.opentelemetry.api.metrics.Meter;
 import org.jetbrains.annotations.ApiStatus;
 import org.jetbrains.annotations.NotNull;
 
 import java.util.Map;
-import java.util.concurrent.ConcurrentHashMap;
-import java.util.concurrent.ExecutionException;
-import java.util.concurrent.ExecutorService;
-import java.util.concurrent.Future;
+import java.util.concurrent.*;
+import java.util.concurrent.atomic.AtomicInteger;
+import java.util.concurrent.atomic.AtomicLong;
 import java.util.function.Function;
 
 import static com.intellij.openapi.progress.ContextKt.isInCancellableContext;
+import static java.util.concurrent.TimeUnit.MICROSECONDS;
+import static java.util.concurrent.TimeUnit.NANOSECONDS;
 
 /**
  * A utility to run a potentially long function on a pooled thread, wait for it in an interruptible way,
@@ -46,27 +50,45 @@ public final class DiskQueryRelay<Param, Result> {
 
   public DiskQueryRelay(@NotNull Function<? super Param, ? extends Result> function,
                         @NotNull ExecutorService executor) {
-    myFunction = function;
+    myFunction = arg -> {
+      long startedAtNs = System.nanoTime();
+      try {
+        return function.apply(arg);
+      }
+      finally {
+        long elapsedNs = System.nanoTime() - startedAtNs;
+        taskExecutionTotalTimeNs.addAndGet(elapsedNs);
+        tasksExecutedCount.incrementAndGet();
+      }
+    };
     this.executor = executor;
   }
 
   public Result accessDiskWithCheckCanceled(@NotNull Param arg) {
-    if (!isInCancellableContext()) {
-      return myFunction.apply(arg);
-    }
-    Future<Result> future = myTasks.computeIfAbsent(arg, eachArg -> executor.submit(() -> {
-      try {
-        return myFunction.apply(eachArg);
+    long startedAtNs = System.nanoTime();
+    try {
+      if (!isInCancellableContext()) {
+        return myFunction.apply(arg);
       }
-      finally {
-        myTasks.remove(eachArg);
+      Future<Result> future = myTasks.computeIfAbsent(arg, eachArg -> executor.submit(() -> {
+        try {
+          return myFunction.apply(eachArg);
+        }
+        finally {
+          myTasks.remove(eachArg);
+        }
+      }));
+      if (future.isDone()) {
+        // maybe it was very fast and completed before being put into a map
+        myTasks.remove(arg, future);
       }
-    }));
-    if (future.isDone()) {
-      // maybe it was very fast and completed before being put into a map
-      myTasks.remove(arg, future);
+      return ProgressIndicatorUtils.awaitWithCheckCanceled(future);
+    }
+    finally {
+      long elapsedNs = System.nanoTime() - startedAtNs;
+      taskWaitingTotalTimeNs.addAndGet(elapsedNs);
+      tasksRequestedCount.incrementAndGet();
     }
-    return ProgressIndicatorUtils.awaitWithCheckCanceled(future);
   }
 
   /**
@@ -75,7 +97,8 @@ public final class DiskQueryRelay<Param, Result> {
    * To avoid deadlocks, please pay attention to locks held at the call time and try to abstain from taking locks
    * inside the {@code task} block.
    */
-  public static <Result, E extends Exception> Result compute(@NotNull ThrowableComputable<Result, E> task) throws E, ProcessCanceledException {
+  public static <Result, E extends Exception> Result compute(@NotNull ThrowableComputable<Result, E> task)
+    throws E, ProcessCanceledException {
     return compute(task, ProcessIOExecutorService.INSTANCE);
   }
 
@@ -117,4 +140,52 @@ public final class DiskQueryRelay<Param, Result> {
       future.cancel(false);
     }
   }
+
+
+  // ==================================== monitoring: ====================================================== //
+
+  /** total time (since app start) of actual task executions, ns */
+  private static final AtomicLong taskExecutionTotalTimeNs = new AtomicLong();
+  /** total time (since app start) spent waiting for the task result, ns */
+  private static final AtomicLong taskWaitingTotalTimeNs = new AtomicLong();
+  /** total (since app start) number of tasks actually executed */
+  private static final AtomicInteger tasksExecutedCount = new AtomicInteger();
+  /** total (since app start) number of tasks requested. Could be <= tasksExecuted because of task coalescing */
+  private static final AtomicInteger tasksRequestedCount = new AtomicInteger();
+
+  public static long taskExecutionTotalTime(@NotNull TimeUnit unit) {
+    return unit.convert(taskExecutionTotalTimeNs.get(), NANOSECONDS);
+  }
+
+  public static long taskWaitingTotalTime(@NotNull TimeUnit unit) {
+    return unit.convert(taskWaitingTotalTimeNs.get(), NANOSECONDS);
+  }
+
+  public static int tasksExecuted() {
+    return tasksExecutedCount.get();
+  }
+
+  public static int tasksRequested() {
+    return tasksRequestedCount.get();
+  }
+
+  static {
+    Meter otelMeter = TelemetryManager.getInstance().getMeter(PlatformScopesKt.PlatformMetrics);
+
+    var taskExecutionTimeUs = otelMeter.counterBuilder("DiskQueryRelay.taskExecutionTotalTimeUs").buildObserver();
+    var taskWaitingTimeUs = otelMeter.counterBuilder("DiskQueryRelay.taskWaitingTotalTimeUs").buildObserver();
+    var tasksExecuted = otelMeter.counterBuilder("DiskQueryRelay.tasksExecuted").buildObserver();
+    var tasksRequested = otelMeter.counterBuilder("DiskQueryRelay.tasksRequested").buildObserver();
+
+    otelMeter.batchCallback(
+      () -> {
+        taskExecutionTimeUs.record(taskExecutionTotalTime(MICROSECONDS));
+        taskWaitingTimeUs.record(taskWaitingTotalTime(MICROSECONDS));
+        tasksExecuted.record(tasksExecuted());
+        tasksRequested.record(tasksRequested());
+      },
+      taskExecutionTimeUs, taskWaitingTimeUs,
+      tasksExecuted, tasksRequested
+    );
+  }
 }