diff --git a/crates/autopilot/src/arguments.rs b/crates/autopilot/src/arguments.rs
index 58cae5d8e0..4b60bdfee1 100644
--- a/crates/autopilot/src/arguments.rs
+++ b/crates/autopilot/src/arguments.rs
@@ -6,7 +6,11 @@ use {
         http_client,
         price_estimation::{self, NativePriceEstimators},
     },
-    std::{net::SocketAddr, num::NonZeroUsize, time::Duration},
+    std::{
+        net::SocketAddr,
+        num::{NonZeroUsize, ParseFloatError},
+        time::Duration,
+    },
     url::Url,
 };
 
@@ -203,6 +207,16 @@ pub struct Arguments {
         value_parser = shared::arguments::duration_from_seconds,
     )]
     pub solve_deadline: Duration,
+
+    /// Time interval in days between each cleanup operation of the
+    /// `order_events` database table.
+    #[clap(long, env, default_value = "1", value_parser = duration_from_days)]
+    pub order_events_cleanup_interval: Duration,
+
+    /// Age threshold in days for order events to be eligible for cleanup in the
+    /// `order_events` database table.
+    #[clap(long, env, default_value = "30", value_parser = duration_from_days)]
+    pub order_events_cleanup_threshold: Duration,
 }
 
 impl std::fmt::Display for Arguments {
@@ -270,6 +284,21 @@ impl std::fmt::Display for Arguments {
         writeln!(f, "score_cap: {}", self.score_cap)?;
         display_option(f, "shadow", &self.shadow)?;
         writeln!(f, "solve_deadline: {:?}", self.solve_deadline)?;
+        writeln!(
+            f,
+            "order_events_cleanup_interval: {:?}",
+            self.order_events_cleanup_interval
+        )?;
+        writeln!(
+            f,
+            "order_events_cleanup_threshold: {:?}",
+            self.order_events_cleanup_threshold
+        )?;
         Ok(())
     }
 }
+
+fn duration_from_days(s: &str) -> Result<Duration, ParseFloatError> {
+    let days = s.parse::<f64>()?;
+    Ok(Duration::from_secs_f64(days * 86_400.0))
+}
diff --git a/crates/autopilot/src/database/order_events.rs b/crates/autopilot/src/database/order_events.rs
index 0afbd30b0b..9c6149720d 100644
--- a/crates/autopilot/src/database/order_events.rs
+++ b/crates/autopilot/src/database/order_events.rs
@@ -7,6 +7,7 @@ use {
         order_events::{self, OrderEvent},
     },
     model::order::OrderUid,
+    sqlx::Error,
 };
 
 impl super::Postgres {
@@ -19,6 +20,11 @@ impl super::Postgres {
             tracing::warn!(?err, "failed to insert order events");
         }
     }
+
+    /// Deletes events before the provided timestamp.
+    pub async fn delete_events_before(&self, timestamp: DateTime<Utc>) -> Result<u64, Error> {
+        order_events::delete_order_events_before(&self.0, timestamp).await
+    }
 }
 
 async fn store_order_events(
diff --git a/crates/autopilot/src/lib.rs b/crates/autopilot/src/lib.rs
index b08311a43f..40f0c148a4 100644
--- a/crates/autopilot/src/lib.rs
+++ b/crates/autopilot/src/lib.rs
@@ -5,6 +5,7 @@ pub mod driver_api;
 pub mod driver_model;
 pub mod event_updater;
 pub mod on_settlement_event_updater;
+pub mod periodic_db_cleanup;
 pub mod protocol;
 pub mod run;
 pub mod run_loop;
diff --git a/crates/autopilot/src/periodic_db_cleanup.rs b/crates/autopilot/src/periodic_db_cleanup.rs
new file mode 100644
index 0000000000..bd18ccd6d1
--- /dev/null
+++ b/crates/autopilot/src/periodic_db_cleanup.rs
@@ -0,0 +1,67 @@
+use {
+    crate::database::Postgres,
+    chrono::{DateTime, Utc},
+    std::time::Duration,
+    tokio::time,
+};
+
+pub struct OrderEventsCleanerConfig {
+    cleanup_interval: Duration,
+    event_age_threshold: chrono::Duration,
+}
+
+impl OrderEventsCleanerConfig {
+    pub fn new(cleanup_interval: Duration, event_age_threshold: Duration) -> Self {
+        OrderEventsCleanerConfig {
+            cleanup_interval,
+            event_age_threshold: chrono::Duration::from_std(event_age_threshold).unwrap(),
+        }
+    }
+}
+
+pub struct OrderEventsCleaner {
+    config: OrderEventsCleanerConfig,
+    db: Postgres,
+}
+
+impl OrderEventsCleaner {
+    pub fn new(config: OrderEventsCleanerConfig, db: Postgres) -> Self {
+        OrderEventsCleaner { config, db }
+    }
+
+    pub async fn run_forever(self) -> ! {
+        let mut interval = time::interval(self.config.cleanup_interval);
+        loop {
+            let timestamp: DateTime<Utc> = Utc::now() - self.config.event_age_threshold;
+            match self.db.delete_events_before(timestamp).await {
+                Ok(affected_rows_count) => {
+                    tracing::debug!(
+                        "deleted {:?} order events before {}",
+                        affected_rows_count,
+                        timestamp
+                    );
+                    Metrics::get()
+                        .last_order_events_cleanup_run
+                        .set(Utc::now().timestamp())
+                }
+                Err(err) => {
+                    tracing::warn!(?err, "failed to delete order events before {}", timestamp)
+                }
+            }
+            interval.tick().await;
+        }
+    }
+}
+
+#[derive(prometheus_metric_storage::MetricStorage)]
+struct Metrics {
+    /// Timestamp of the last successful `order_events` table cleanup.
+    #[metric(name = "periodic_db_cleanup", labels("type"))]
+    last_order_events_cleanup_run: prometheus::IntGauge,
+}
+
+impl Metrics {
+    fn get() -> &'static Self {
+        Metrics::instance(observe::metrics::get_storage_registry()).unwrap()
+    }
+}
diff --git a/crates/autopilot/src/run.rs b/crates/autopilot/src/run.rs
index 6e90f8d3de..d29745b45d 100644
--- a/crates/autopilot/src/run.rs
+++ b/crates/autopilot/src/run.rs
@@ -591,6 +591,21 @@ pub async fn run(args: Arguments) {
             .instrument(tracing::info_span!("on_settlement_event_updater")),
     );
 
+    let order_events_cleaner_config = crate::periodic_db_cleanup::OrderEventsCleanerConfig::new(
+        args.order_events_cleanup_interval,
+        args.order_events_cleanup_threshold,
+    );
+    let order_events_cleaner = crate::periodic_db_cleanup::OrderEventsCleaner::new(
+        order_events_cleaner_config,
+        db.clone(),
+    );
+
+    tokio::task::spawn(
+        order_events_cleaner
+            .run_forever()
+            .instrument(tracing::info_span!("order_events_cleaner")),
+    );
+
     if args.enable_colocation {
         if args.drivers.is_empty() {
             panic!("colocation is enabled but no drivers are configured");
diff --git a/crates/database/src/order_events.rs b/crates/database/src/order_events.rs
index c31b001559..080551fa5f 100644
--- a/crates/database/src/order_events.rs
+++ b/crates/database/src/order_events.rs
@@ -4,7 +4,7 @@
 use {
     crate::OrderUid,
     chrono::Utc,
-    sqlx::{types::chrono::DateTime, PgConnection},
+    sqlx::{types::chrono::DateTime, PgConnection, PgPool},
 };
 
 /// Describes what kind of event was registered for an order.
@@ -66,3 +66,19 @@ VALUES ($1, $2, $3)
         .await
         .map(|_| ())
 }
+
+/// Deletes rows before the provided timestamp from the `order_events` table.
+pub async fn delete_order_events_before(
+    pool: &PgPool,
+    timestamp: DateTime<Utc>,
+) -> Result<u64, sqlx::Error> {
+    const QUERY: &str = r#"
+DELETE FROM order_events
+WHERE timestamp < $1
+"#;
+    sqlx::query(QUERY)
+        .bind(timestamp)
+        .execute(pool)
+        .await
+        .map(|result| result.rows_affected())
+}
diff --git a/database/sql/V057__add_timestamp_index_to_order_events.sql b/database/sql/V057__add_timestamp_index_to_order_events.sql
new file mode 100644
index 0000000000..35d5a17b88
--- /dev/null
+++ b/database/sql/V057__add_timestamp_index_to_order_events.sql
@@ -0,0 +1,2 @@
+-- Adds an index on the 'timestamp' column of 'order_events' table to facilitate efficient periodic cleanups.
+CREATE INDEX order_events_by_timestamp ON order_events (timestamp);