diff --git a/CHANGELOG.md b/CHANGELOG.md
index 7446ad928241..a347c0d4c484 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -41,6 +41,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 
 * (store) [\#10040](https://github.com/cosmos/cosmos-sdk/pull/10040) Bump IAVL to v0.17.1 which includes performance improvements on a batch load.
 * (types) [\#10021](https://github.com/cosmos/cosmos-sdk/pull/10021) Speedup coins.AmountOf(), by removing many intermittent regex calls.
+* [\#10077](https://github.com/cosmos/cosmos-sdk/pull/10077) Remove telemetry on `GasKV` and `CacheKV` store Get/Set operations, significantly improving their performance.
 * (store) [\#10026](https://github.com/cosmos/cosmos-sdk/pull/10026) Improve CacheKVStore datastructures / algorithms, to no longer take O(N^2) time when interleaving iterators and insertions.
 
 ### Bug Fixes
diff --git a/store/cachekv/store.go b/store/cachekv/store.go
index dd03e7e9ddf2..6dac28111031 100644
--- a/store/cachekv/store.go
+++ b/store/cachekv/store.go
@@ -56,7 +56,6 @@ func (store *Store) GetStoreType() types.StoreType {
 func (store *Store) Get(key []byte) (value []byte) {
 	store.mtx.Lock()
 	defer store.mtx.Unlock()
-	defer telemetry.MeasureSince(time.Now(), "store", "cachekv", "get")
 
 	types.AssertValidKey(key)
 
@@ -75,7 +74,6 @@ func (store *Store) Get(key []byte) (value []byte) {
 func (store *Store) Set(key []byte, value []byte) {
 	store.mtx.Lock()
 	defer store.mtx.Unlock()
-	defer telemetry.MeasureSince(time.Now(), "store", "cachekv", "set")
 
 	types.AssertValidKey(key)
 	types.AssertValidValue(value)
diff --git a/store/gaskv/store.go b/store/gaskv/store.go
index 04a4aaeebc68..aa9a29b7c153 100644
--- a/store/gaskv/store.go
+++ b/store/gaskv/store.go
@@ -35,8 +35,6 @@ func (gs *Store) GetStoreType() types.StoreType {
 
 // Implements KVStore.
 func (gs *Store) Get(key []byte) (value []byte) {
-	defer telemetry.MeasureSince(time.Now(), "store", "gaskv", "get")
-
 	gs.gasMeter.ConsumeGas(gs.gasConfig.ReadCostFlat, types.GasReadCostFlatDesc)
 	value = gs.parent.Get(key)
 
@@ -48,8 +46,6 @@ func (gs *Store) Get(key []byte) (value []byte) {
 
 // Implements KVStore.
 func (gs *Store) Set(key []byte, value []byte) {
-	defer telemetry.MeasureSince(time.Now(), "store", "gaskv", "set")
-
 	types.AssertValidKey(key)
 	types.AssertValidValue(value)
 	gs.gasMeter.ConsumeGas(gs.gasConfig.WriteCostFlat, types.GasWriteCostFlatDesc)