diff --git a/ledger/metrics/BUILD.bazel b/ledger/metrics/BUILD.bazel
new file mode 100644
index 00000000000..601d0ef5c31
--- /dev/null
+++ b/ledger/metrics/BUILD.bazel
@@ -0,0 +1,25 @@
+# Copyright (c) 2020 Digital Asset (Switzerland) GmbH and/or its affiliates. All rights reserved.
+# SPDX-License-Identifier: Apache-2.0
+
+load(
+    "//bazel_tools:scala.bzl",
+    "da_scala_library",
+)
+
+da_scala_library(
+    name = "metrics",
+    srcs = glob(["src/main/scala/**/*.scala"]),
+    resources = glob(["src/main/resources/**/*"]),
+    tags = ["maven_coordinates=com.daml:metrics:__VERSION__"],
+    visibility = [
+        "//visibility:public",
+    ],
+    runtime_deps = [],
+    deps = [
+        "//libs-scala/direct-execution-context",
+        "@maven//:com_typesafe_akka_akka_actor_2_12",
+        "@maven//:com_typesafe_akka_akka_stream_2_12",
+        "@maven//:io_dropwizard_metrics_metrics_core",
+        "@maven//:io_dropwizard_metrics_metrics_jvm",
+    ],
+)
diff --git a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/JvmMetricSet.scala b/ledger/metrics/src/main/scala/com/daml/metrics/JvmMetricSet.scala
similarity index 90%
rename from ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/JvmMetricSet.scala
rename to ledger/metrics/src/main/scala/com/daml/metrics/JvmMetricSet.scala
index 8f193331cc8..b06f0c4853a 100644
--- a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/JvmMetricSet.scala
+++ b/ledger/metrics/src/main/scala/com/daml/metrics/JvmMetricSet.scala
@@ -1,7 +1,7 @@
 // Copyright (c) 2020 Digital Asset (Switzerland) GmbH and/or its affiliates. All rights reserved.
 // SPDX-License-Identifier: Apache-2.0
 
-package com.daml.ledger.participant.state.metrics
+package com.daml.metrics
 
 import java.util
 
@@ -13,7 +13,7 @@ import com.codahale.metrics.jvm.{
   ThreadStatesGaugeSet
 }
 import com.codahale.metrics.{Metric, MetricSet}
-import com.daml.ledger.participant.state.metrics.JvmMetricSet._
+import com.daml.metrics.JvmMetricSet._
 
 import scala.collection.JavaConverters._
 
diff --git a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/MetricName.scala b/ledger/metrics/src/main/scala/com/daml/metrics/MetricName.scala
similarity index 92%
rename from ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/MetricName.scala
rename to ledger/metrics/src/main/scala/com/daml/metrics/MetricName.scala
index c31b7fd10da..fd7cbe77fa1 100644
--- a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/MetricName.scala
+++ b/ledger/metrics/src/main/scala/com/daml/metrics/MetricName.scala
@@ -1,7 +1,7 @@
 // Copyright (c) 2020 Digital Asset (Switzerland) GmbH and/or its affiliates. All rights reserved.
 // SPDX-License-Identifier: Apache-2.0
 
-package com.daml.ledger.participant.state.metrics
+package com.daml.metrics
 
 import scala.language.implicitConversions
 
diff --git a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/Metrics.scala b/ledger/metrics/src/main/scala/com/daml/metrics/Timed.scala
similarity index 71%
rename from ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/Metrics.scala
rename to ledger/metrics/src/main/scala/com/daml/metrics/Timed.scala
index daadd0e2c32..67baa812e9c 100644
--- a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/metrics/Metrics.scala
+++ b/ledger/metrics/src/main/scala/com/daml/metrics/Timed.scala
@@ -1,7 +1,7 @@
 // Copyright (c) 2020 Digital Asset (Switzerland) GmbH and/or its affiliates. All rights reserved.
 // SPDX-License-Identifier: Apache-2.0
 
-package com.daml.ledger.participant.state.metrics
+package com.daml.metrics
 
 import java.util.concurrent.CompletionStage
 
@@ -12,9 +12,9 @@ import com.daml.dec.DirectExecutionContext
 
 import scala.concurrent.Future
 
-object Metrics {
+object Timed {
 
-  def timedCompletionStage[T](timer: Timer, future: => CompletionStage[T]): CompletionStage[T] = {
+  def completionStage[T](timer: Timer, future: => CompletionStage[T]): CompletionStage[T] = {
     val ctx = timer.time()
     future.whenComplete { (_, _) =>
       ctx.stop()
@@ -22,14 +22,14 @@ object Metrics {
     }
   }
 
-  def timedFuture[T](timer: Timer, future: => Future[T]): Future[T] = {
+  def future[T](timer: Timer, future: => Future[T]): Future[T] = {
     val ctx = timer.time()
     val result = future
     result.onComplete(_ => ctx.stop())(DirectExecutionContext)
     result
   }
 
-  def timedSource[Out, Mat](timer: Timer, source: => Source[Out, Mat]): Source[Out, Mat] = {
+  def source[Out, Mat](timer: Timer, source: => Source[Out, Mat]): Source[Out, Mat] = {
     val ctx = timer.time()
     source
       .watchTermination()(Keep.both[Mat, Future[Done]])
diff --git a/ledger/participant-state-metrics/BUILD.bazel b/ledger/participant-state-metrics/BUILD.bazel
index 6b622342aa8..4e0e92c9c10 100644
--- a/ledger/participant-state-metrics/BUILD.bazel
+++ b/ledger/participant-state-metrics/BUILD.bazel
@@ -20,12 +20,11 @@ da_scala_library(
         "//daml-lf/data",
         "//daml-lf/transaction",
         "//ledger/ledger-api-health",
+        "//ledger/metrics",
         "//ledger/participant-state",
-        "//libs-scala/direct-execution-context",
         "@maven//:com_google_protobuf_protobuf_java",
         "@maven//:com_typesafe_akka_akka_actor_2_12",
         "@maven//:com_typesafe_akka_akka_stream_2_12",
         "@maven//:io_dropwizard_metrics_metrics_core",
-        "@maven//:io_dropwizard_metrics_metrics_jvm",
     ],
 )
diff --git a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedReadService.scala b/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedReadService.scala
index f3cb100827b..dfa6a4b6fd7 100644
--- a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedReadService.scala
+++ b/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedReadService.scala
@@ -6,9 +6,9 @@ package com.daml.ledger.participant.state.v1.metrics
 import akka.NotUsed
 import akka.stream.scaladsl.Source
 import com.codahale.metrics.MetricRegistry
-import com.daml.ledger.participant.state.metrics.{MetricName, Metrics}
-import com.daml.ledger.participant.state.v1.{LedgerInitialConditions, Offset, ReadService, Update}
 import com.daml.ledger.api.health.HealthStatus
+import com.daml.ledger.participant.state.v1.{LedgerInitialConditions, Offset, ReadService, Update}
+import com.daml.metrics.{MetricName, Timed}
 
 final class TimedReadService(delegate: ReadService, metrics: MetricRegistry, prefix: MetricName)
     extends ReadService {
@@ -22,5 +22,5 @@ final class TimedReadService(delegate: ReadService, metrics: MetricRegistry, pre
     delegate.currentHealth()
 
   private def time[Out, Mat](name: String, source: => Source[Out, Mat]): Source[Out, Mat] =
-    Metrics.timedSource(metrics.timer(prefix :+ name), source)
+    Timed.source(metrics.timer(prefix :+ name), source)
 }
diff --git a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedWriteService.scala b/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedWriteService.scala
index b7bb1a61346..452ffe78057 100644
--- a/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedWriteService.scala
+++ b/ledger/participant-state-metrics/src/main/scala/com/daml/ledger/participant/state/v1/metrics/TimedWriteService.scala
@@ -6,7 +6,8 @@ package com.daml.ledger.participant.state.v1.metrics
 import java.util.concurrent.CompletionStage
 
 import com.codahale.metrics.MetricRegistry
-import com.daml.ledger.participant.state.metrics.{MetricName, Metrics}
+import com.daml.daml_lf_dev.DamlLf
+import com.daml.ledger.api.health.HealthStatus
 import com.daml.ledger.participant.state.v1.{
   Configuration,
   Party,
@@ -18,8 +19,7 @@ import com.daml.ledger.participant.state.v1.{
   WriteService
 }
 import com.daml.lf.data.Time
-import com.daml.daml_lf_dev.DamlLf
-import com.daml.ledger.api.health.HealthStatus
+import com.daml.metrics.{MetricName, Timed}
 
 final class TimedWriteService(delegate: WriteService, metrics: MetricRegistry, prefix: MetricName)
     extends WriteService {
@@ -57,5 +57,5 @@ final class TimedWriteService(delegate: WriteService, metrics: MetricRegistry, p
     delegate.currentHealth()
 
   private def time[T](name: String, future: => CompletionStage[T]): CompletionStage[T] =
-    Metrics.timedCompletionStage(metrics.timer(prefix :+ name), future)
+    Timed.completionStage(metrics.timer(prefix :+ name), future)
 }
diff --git a/ledger/participant-state/kvutils/BUILD.bazel b/ledger/participant-state/kvutils/BUILD.bazel
index 1618c7d3c40..814c0ccc448 100644
--- a/ledger/participant-state/kvutils/BUILD.bazel
+++ b/ledger/participant-state/kvutils/BUILD.bazel
@@ -38,8 +38,8 @@ da_scala_library(
         "//daml-lf/transaction:value_java_proto",
         "//ledger/ledger-api-common",
         "//ledger/ledger-api-health",
+        "//ledger/metrics",
         "//ledger/participant-state",
-        "//ledger/participant-state-metrics",
         "//ledger/participant-state/protobuf:ledger_configuration_java_proto",
         "//libs-scala/contextualized-logging",
         "@maven//:com_github_ben_manes_caffeine_caffeine",
diff --git a/ledger/participant-state/kvutils/app/BUILD.bazel b/ledger/participant-state/kvutils/app/BUILD.bazel
index d27c92b6ba8..4e894eee36c 100644
--- a/ledger/participant-state/kvutils/app/BUILD.bazel
+++ b/ledger/participant-state/kvutils/app/BUILD.bazel
@@ -31,6 +31,7 @@ da_scala_library(
         "//ledger/ledger-api-auth",
         "//ledger/ledger-api-common",
         "//ledger/ledger-api-health",
+        "//ledger/metrics",
         "//ledger/participant-state",
         "//ledger/participant-state-index",
         "//ledger/participant-state-metrics",
diff --git a/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Metrics.scala b/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Metrics.scala
index c9c8551f465..141cc389a9a 100644
--- a/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Metrics.scala
+++ b/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Metrics.scala
@@ -3,7 +3,7 @@
 
 package com.daml.ledger.participant.state.kvutils.app
 
-import com.daml.ledger.participant.state.metrics.MetricName
+import com.daml.metrics.MetricName
 
 private[app] object Metrics {
 
diff --git a/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Runner.scala b/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Runner.scala
index 59d4712dc1e..6b423f13189 100644
--- a/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Runner.scala
+++ b/ledger/participant-state/kvutils/app/src/main/scala/com/daml/ledger/participant/state/kvutils/app/Runner.scala
@@ -9,17 +9,17 @@ import java.util.concurrent.TimeUnit
 
 import akka.actor.ActorSystem
 import akka.stream.Materializer
+import com.daml.daml_lf_dev.DamlLf.Archive
 import com.daml.ledger.participant.state.kvutils.app.Metrics.{
   IndexServicePrefix,
   ReadServicePrefix,
   WriteServicePrefix
 }
-import com.daml.ledger.participant.state.metrics.JvmMetricSet
 import com.daml.ledger.participant.state.v1.metrics.{TimedReadService, TimedWriteService}
 import com.daml.ledger.participant.state.v1.{SubmissionId, WritePackagesService}
 import com.daml.lf.archive.DarReader
-import com.daml.daml_lf_dev.DamlLf.Archive
 import com.daml.logging.LoggingContext.newLoggingContext
+import com.daml.metrics.JvmMetricSet
 import com.daml.platform.apiserver.{StandaloneApiServer, TimedIndexService}
 import com.daml.platform.indexer.StandaloneIndexerServer
 import com.daml.resources.akka.AkkaResourceOwner
diff --git a/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/committer/Committer.scala b/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/committer/Committer.scala
index 542d0164212..e4ca8a4ad3b 100644
--- a/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/committer/Committer.scala
+++ b/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/committer/Committer.scala
@@ -14,9 +14,9 @@ import com.daml.ledger.participant.state.kvutils.DamlKvutils.{
 }
 import com.daml.ledger.participant.state.kvutils.DamlStateMap
 import com.daml.ledger.participant.state.kvutils.committer.Committer._
-import com.daml.ledger.participant.state.metrics.MetricName
 import com.daml.ledger.participant.state.v1.ParticipantId
 import com.daml.lf.data.Time
+import com.daml.metrics.MetricName
 import org.slf4j.{Logger, LoggerFactory}
 
 /** A committer processes a submission, with its inputs into an ordered set of output state and a log entry.
diff --git a/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/package.scala b/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/package.scala
index a52f233043f..408d06f023b 100644
--- a/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/package.scala
+++ b/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/participant/state/kvutils/package.scala
@@ -4,7 +4,7 @@
 package com.daml.ledger.participant.state
 
 import com.daml.ledger.participant.state.kvutils.DamlKvutils.{DamlStateKey, DamlStateValue}
-import com.daml.ledger.participant.state.metrics.MetricName
+import com.daml.metrics.MetricName
 import com.google.protobuf.ByteString
 
 /** The participant-state key-value utilities provide methods to succinctly implement
diff --git a/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/validator/SubmissionValidator.scala b/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/validator/SubmissionValidator.scala
index 2a46965ef25..eb02fdab817 100644
--- a/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/validator/SubmissionValidator.scala
+++ b/ledger/participant-state/kvutils/src/main/scala/com/daml/ledger/validator/SubmissionValidator.scala
@@ -12,8 +12,6 @@ import com.daml.ledger.participant.state.kvutils.DamlKvutils._
 import com.daml.ledger.participant.state.kvutils.api.LedgerReader
 import com.daml.ledger.participant.state.kvutils.caching.Cache
 import com.daml.ledger.participant.state.kvutils.{Bytes, Envelope, KeyValueCommitting}
-import com.daml.ledger.participant.state.metrics.MetricName
-import com.daml.ledger.participant.state.metrics.Metrics.timedFuture
 import com.daml.ledger.participant.state.v1.ParticipantId
 import com.daml.ledger.validator.SubmissionValidator._
 import com.daml.ledger.validator.ValidationFailed.{MissingInputState, ValidationError}
@@ -21,6 +19,7 @@ import com.daml.lf.data.Time.Timestamp
 import com.daml.lf.engine.Engine
 import com.daml.logging.LoggingContext.newLoggingContext
 import com.daml.logging.{ContextualizedLogger, LoggingContext}
+import com.daml.metrics.{MetricName, Timed}
 import com.google.protobuf.ByteString
 
 import scala.annotation.tailrec
@@ -185,7 +184,7 @@ class SubmissionValidator[LogResult] private[validator] (
         timedLedgerStateAccess
           .inTransaction { stateOperations =>
             for {
-              readInputs <- timedFuture(
+              readInputs <- Timed.future(
                 Metrics.validateSubmission,
                 for {
                   readStateValues <- stateOperations.readState(inputKeysAsBytes)
@@ -199,7 +198,7 @@ class SubmissionValidator[LogResult] private[validator] (
                   _ <- verifyAllInputsArePresent(declaredInputs, readInputs)
                 } yield readInputs
               )
-              logEntryAndState <- timedFuture(
+              logEntryAndState <- Timed.future(
                 Metrics.processSubmission,
                 Future.fromTry(
                   Try(
@@ -217,7 +216,7 @@ class SubmissionValidator[LogResult] private[validator] (
                   stateOperations,
               )
               result <- postProcessResultTimer.fold(processResult())(
-                timedFuture(_, processResult()))
+                Timed.future(_, processResult()))
             } yield result
           }
           .transform {
diff --git a/ledger/participant-state/kvutils/tools/BUILD.bazel b/ledger/participant-state/kvutils/tools/BUILD.bazel
index df55433062a..3d6b907af7e 100644
--- a/ledger/participant-state/kvutils/tools/BUILD.bazel
+++ b/ledger/participant-state/kvutils/tools/BUILD.bazel
@@ -22,8 +22,8 @@ da_scala_binary(
         "//daml-lf/archive:daml_lf_dev_archive_java_proto",
         "//daml-lf/data",
         "//daml-lf/engine",
+        "//ledger/metrics",
         "//ledger/participant-state",
-        "//ledger/participant-state-metrics",
         "//ledger/participant-state/kvutils",
         "//ledger/participant-state/kvutils:daml_kvutils_java_proto",
         "@maven//:com_google_protobuf_protobuf_java",
diff --git a/ledger/participant-state/kvutils/tools/src/main/scala/com/daml/ledger/participant/state/kvutils/tools/IntegrityCheck.scala b/ledger/participant-state/kvutils/tools/src/main/scala/com/daml/ledger/participant/state/kvutils/tools/IntegrityCheck.scala
index 6204d08f1ae..3f860658109 100644
--- a/ledger/participant-state/kvutils/tools/src/main/scala/com/daml/ledger/participant/state/kvutils/tools/IntegrityCheck.scala
+++ b/ledger/participant-state/kvutils/tools/src/main/scala/com/daml/ledger/participant/state/kvutils/tools/IntegrityCheck.scala
@@ -10,10 +10,10 @@ import java.util.concurrent.TimeUnit
 import com.codahale.metrics
 import com.codahale.metrics.MetricRegistry
 import com.daml.ledger.participant.state.kvutils.{DamlKvutils => Proto, _}
-import com.daml.ledger.participant.state.metrics.JvmMetricSet
 import com.daml.ledger.participant.state.v1._
 import com.daml.lf.data.Ref
 import com.daml.lf.engine.Engine
+import com.daml.metrics.JvmMetricSet
 
 import scala.collection.JavaConverters._
 import scala.util.Try
diff --git a/ledger/sandbox/BUILD.bazel b/ledger/sandbox/BUILD.bazel
index 82176176e0c..579fb4e3ff0 100644
--- a/ledger/sandbox/BUILD.bazel
+++ b/ledger/sandbox/BUILD.bazel
@@ -32,6 +32,7 @@ compile_deps = [
     "//ledger/ledger-api-domain",
     "//ledger/ledger-api-health",
     "//ledger/ledger-on-sql",
+    "//ledger/metrics",
     "//ledger/participant-state",
     "//ledger/participant-state-index",
     "//ledger/participant-state-metrics",
@@ -284,6 +285,7 @@ da_scala_test_suite(
         "//ledger/ledger-api-common:ledger-api-common-scala-tests-lib",
         "//ledger/ledger-api-domain",
         "//ledger/ledger-api-health",
+        "//ledger/metrics",
         "//ledger/participant-state",
         "//ledger/participant-state-index",
         "//ledger/participant-state-metrics",
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsInterceptor.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsInterceptor.scala
index 92efa148754..d7253cebecb 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsInterceptor.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsInterceptor.scala
@@ -6,7 +6,7 @@ package com.daml.platform.apiserver
 import java.util.concurrent.atomic.AtomicBoolean
 
 import com.codahale.metrics.{MetricRegistry, Timer}
-import com.daml.ledger.participant.state.metrics.MetricName
+import com.daml.metrics.MetricName
 import io.grpc.{Metadata, ServerCall, ServerCallHandler, ServerInterceptor}
 
 import scala.collection.concurrent.TrieMap
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsNaming.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsNaming.scala
index 571f18cffad..58f6458e8d6 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsNaming.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/MetricsNaming.scala
@@ -3,7 +3,7 @@
 
 package com.daml.platform.apiserver
 
-import com.daml.ledger.participant.state.metrics.MetricName
+import com.daml.metrics.MetricName
 
 private[apiserver] object MetricsNaming {
 
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/TimedIndexService.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/TimedIndexService.scala
index 9037c40147c..1566626629b 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/TimedIndexService.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/TimedIndexService.scala
@@ -8,14 +8,6 @@ import java.time.Instant
 import akka.NotUsed
 import akka.stream.scaladsl.Source
 import com.codahale.metrics.MetricRegistry
-import com.daml.ledger.participant.state.index.v2
-import com.daml.ledger.participant.state.index.v2.IndexService
-import com.daml.ledger.participant.state.metrics.{MetricName, Metrics}
-import com.daml.ledger.participant.state.v1.{Configuration, PackageId, ParticipantId, Party}
-import com.daml.lf.data.Ref
-import com.daml.lf.language.Ast
-import com.daml.lf.transaction.Node
-import com.daml.lf.value.Value
 import com.daml.daml_lf_dev.DamlLf
 import com.daml.ledger.api.domain
 import com.daml.ledger.api.domain.{ApplicationId, CommandId, LedgerId, LedgerOffset, TransactionId}
@@ -28,6 +20,14 @@ import com.daml.ledger.api.v1.transaction_service.{
   GetTransactionTreesResponse,
   GetTransactionsResponse
 }
+import com.daml.ledger.participant.state.index.v2
+import com.daml.ledger.participant.state.index.v2.IndexService
+import com.daml.ledger.participant.state.v1.{Configuration, PackageId, ParticipantId, Party}
+import com.daml.lf.data.Ref
+import com.daml.lf.language.Ast
+import com.daml.lf.transaction.Node
+import com.daml.lf.value.Value
+import com.daml.metrics.{MetricName, Timed}
 
 import scala.concurrent.Future
 
@@ -156,8 +156,8 @@ final class TimedIndexService(delegate: IndexService, metrics: MetricRegistry, p
     delegate.currentHealth()
 
   private def time[T](name: String, future: => Future[T]): Future[T] =
-    Metrics.timedFuture(metrics.timer(prefix :+ name), future)
+    Timed.future(metrics.timer(prefix :+ name), future)
 
   private def time[Out, Mat](name: String, source: => Source[Out, Mat]): Source[Out, Mat] =
-    Metrics.timedSource(metrics.timer(prefix :+ name), source)
+    Timed.source(metrics.timer(prefix :+ name), source)
 }
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/StoreBackedCommandExecutor.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/StoreBackedCommandExecutor.scala
index c0e4a56b8d6..b1f15c93f36 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/StoreBackedCommandExecutor.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/StoreBackedCommandExecutor.scala
@@ -11,7 +11,6 @@ import com.daml.ledger.participant.state.index.v2.{ContractStore, IndexPackagesS
 import com.daml.ledger.participant.state.v1.{SubmitterInfo, TransactionMeta}
 import com.daml.lf.crypto
 import com.daml.lf.data.{Ref, Time}
-import com.daml.platform.metrics.timedFuture
 import com.daml.lf.engine.{
   Blinding,
   Engine,
@@ -25,6 +24,7 @@ import com.daml.lf.engine.{
 }
 import com.daml.lf.language.Ast.Package
 import com.daml.logging.LoggingContext
+import com.daml.metrics.Timed
 import com.daml.platform.store.ErrorCause
 import scalaz.syntax.tag._
 
@@ -89,13 +89,16 @@ final class StoreBackedCommandExecutor(
         case ResultError(err) => Future.successful(Left(err))
 
         case ResultNeedContract(acoid, resume) =>
-          timedFuture(
-            Metrics.lookupActiveContract,
-            contractStore.lookupActiveContract(submitter, acoid),
-          ).flatMap(instance => resolveStep(resume(instance)))
+          Timed
+            .future(
+              Metrics.lookupActiveContract,
+              contractStore.lookupActiveContract(submitter, acoid),
+            )
+            .flatMap(instance => resolveStep(resume(instance)))
 
         case ResultNeedKey(key, resume) =>
-          timedFuture(Metrics.lookupContractKey, contractStore.lookupContractKey(submitter, key))
+          Timed
+            .future(Metrics.lookupContractKey, contractStore.lookupContractKey(submitter, key))
             .flatMap(contractId => resolveStep(resume(contractId)))
 
         case ResultNeedPackage(packageId, resume) =>
@@ -106,7 +109,7 @@ final class StoreBackedCommandExecutor(
           })
 
           if (gettingPackage) {
-            val future = timedFuture(Metrics.getLfPackage, packagesService.getLfPackage(packageId))
+            val future = Timed.future(Metrics.getLfPackage, packagesService.getLfPackage(packageId))
             future.onComplete {
               case Success(None) | Failure(_) =>
                 // Did not find the package or got an error when looking for it. Remove the promise to allow later retries.
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/TimedCommandExecutor.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/TimedCommandExecutor.scala
index 4787c09fc05..88ef716aa27 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/TimedCommandExecutor.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/TimedCommandExecutor.scala
@@ -7,7 +7,7 @@ import com.codahale.metrics.MetricRegistry
 import com.daml.ledger.api.domain
 import com.daml.lf.crypto.Hash
 import com.daml.logging.LoggingContext
-import com.daml.platform.metrics.timedFuture
+import com.daml.metrics.Timed
 import com.daml.platform.store.ErrorCause
 
 import scala.concurrent.{ExecutionContext, Future}
@@ -26,6 +26,6 @@ class TimedCommandExecutor(
       implicit ec: ExecutionContext,
       logCtx: LoggingContext,
   ): Future[Either[ErrorCause, CommandExecutionResult]] =
-    timedFuture(timer, delegate.execute(commands, submissionSeed))
+    Timed.future(timer, delegate.execute(commands, submissionSeed))
 
 }
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/package.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/package.scala
index c593df33571..3ed797fae11 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/package.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/execution/package.scala
@@ -3,7 +3,7 @@
 
 package com.daml.platform.apiserver
 
-import com.daml.ledger.participant.state.metrics.MetricName
+import com.daml.metrics.MetricName
 
 package object execution {
 
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/services/ApiSubmissionService.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/services/ApiSubmissionService.scala
index 111471dda1e..f3546c88052 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/services/ApiSubmissionService.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/apiserver/services/ApiSubmissionService.scala
@@ -35,10 +35,10 @@ import com.daml.lf.transaction.BlindingInfo
 import com.daml.lf.transaction.Transaction.Transaction
 import com.daml.logging.LoggingContext.withEnrichedLoggingContext
 import com.daml.logging.{ContextualizedLogger, LoggingContext}
+import com.daml.metrics.Timed
 import com.daml.platform.api.grpc.GrpcApiService
 import com.daml.platform.apiserver.MetricsNaming
 import com.daml.platform.apiserver.execution.{CommandExecutionResult, CommandExecutor}
-import com.daml.platform.metrics.timedFuture
 import com.daml.platform.server.api.services.domain.CommandSubmissionService
 import com.daml.platform.server.api.services.grpc.GrpcCommandSubmissionService
 import com.daml.platform.server.api.validation.ErrorFactories
@@ -245,7 +245,7 @@ final class ApiSubmissionService private (
       case None =>
         transactionInfo match {
           case CommandExecutionResult(submitterInfo, transactionMeta, transaction, _) =>
-            timedFuture(
+            Timed.future(
               Metrics.submittedTransactionsTimer,
               FutureConverters.toScala(
                 writeService.submitTransaction(submitterInfo, transactionMeta, transaction)))
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/index/MeteredReadOnlyLedger.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/index/MeteredReadOnlyLedger.scala
index 2d2619d1289..e75c2161158 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/index/MeteredReadOnlyLedger.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/index/MeteredReadOnlyLedger.scala
@@ -8,15 +8,6 @@ import java.time.Instant
 import akka.NotUsed
 import akka.stream.scaladsl.Source
 import com.codahale.metrics.{MetricRegistry, Timer}
-import com.daml.ledger.participant.state.index.v2.{CommandDeduplicationResult, PackageDetails}
-import com.daml.ledger.participant.state.metrics.MetricName
-import com.daml.ledger.participant.state.v1.{Configuration, Offset}
-import com.daml.lf.data.Ref
-import com.daml.lf.data.Ref.{Identifier, PackageId, Party}
-import com.daml.lf.language.Ast
-import com.daml.lf.transaction.Node.GlobalKey
-import com.daml.lf.value.Value
-import com.daml.lf.value.Value.{AbsoluteContractId, ContractInst}
 import com.daml.daml_lf_dev.DamlLf.Archive
 import com.daml.ledger.TransactionId
 import com.daml.ledger.api.domain.{ApplicationId, CommandId, LedgerId, PartyDetails}
@@ -27,16 +18,24 @@ import com.daml.ledger.api.v1.transaction_service.{
   GetFlatTransactionResponse,
   GetTransactionResponse,
   GetTransactionTreesResponse,
-  GetTransactionsResponse,
+  GetTransactionsResponse
 }
-import com.daml.platform.metrics.timedFuture
+import com.daml.ledger.participant.state.index.v2.{CommandDeduplicationResult, PackageDetails}
+import com.daml.ledger.participant.state.v1.{Configuration, Offset}
+import com.daml.lf.data.Ref
+import com.daml.lf.data.Ref.{Identifier, PackageId, Party}
+import com.daml.lf.language.Ast
+import com.daml.lf.transaction.Node.GlobalKey
+import com.daml.lf.value.Value
+import com.daml.lf.value.Value.{AbsoluteContractId, ContractInst}
+import com.daml.metrics.{MetricName, Timed}
+import com.daml.platform.store.ReadOnlyLedger
 import com.daml.platform.store.entries.{
   ConfigurationEntry,
   LedgerEntry,
   PackageLedgerEntry,
-  PartyLedgerEntry,
+  PartyLedgerEntry
 }
-import com.daml.platform.store.ReadOnlyLedger
 
 import scala.concurrent.Future
 
@@ -109,16 +108,16 @@ class MeteredReadOnlyLedger(ledger: ReadOnlyLedger, metrics: MetricRegistry)
       contractId: Value.AbsoluteContractId,
       forParty: Party
   ): Future[Option[ContractInst[Value.VersionedValue[AbsoluteContractId]]]] =
-    timedFuture(Metrics.lookupContract, ledger.lookupContract(contractId, forParty))
+    Timed.future(Metrics.lookupContract, ledger.lookupContract(contractId, forParty))
 
   override def lookupKey(key: GlobalKey, forParty: Party): Future[Option[AbsoluteContractId]] =
-    timedFuture(Metrics.lookupKey, ledger.lookupKey(key, forParty))
+    Timed.future(Metrics.lookupKey, ledger.lookupKey(key, forParty))
 
   override def lookupFlatTransactionById(
       transactionId: TransactionId,
       requestingParties: Set[Party],
   ): Future[Option[GetFlatTransactionResponse]] =
-    timedFuture(
+    Timed.future(
       Metrics.lookupFlatTransactionById,
       ledger.lookupFlatTransactionById(transactionId, requestingParties),
     )
@@ -127,31 +126,31 @@ class MeteredReadOnlyLedger(ledger: ReadOnlyLedger, metrics: MetricRegistry)
       transactionId: TransactionId,
       requestingParties: Set[Party],
   ): Future[Option[GetTransactionResponse]] =
-    timedFuture(
+    Timed.future(
       Metrics.lookupTransactionTreeById,
       ledger.lookupTransactionTreeById(transactionId, requestingParties),
     )
 
   override def lookupMaximumLedgerTime(contractIds: Set[AbsoluteContractId]): Future[Instant] =
-    timedFuture(Metrics.lookupMaximumLedgerTime, ledger.lookupMaximumLedgerTime(contractIds))
+    Timed.future(Metrics.lookupMaximumLedgerTime, ledger.lookupMaximumLedgerTime(contractIds))
 
   override def getParties(parties: Seq[Party]): Future[List[PartyDetails]] =
-    timedFuture(Metrics.getParties, ledger.getParties(parties))
+    Timed.future(Metrics.getParties, ledger.getParties(parties))
 
   override def listKnownParties(): Future[List[PartyDetails]] =
-    timedFuture(Metrics.listKnownParties, ledger.listKnownParties())
+    Timed.future(Metrics.listKnownParties, ledger.listKnownParties())
 
   override def partyEntries(startExclusive: Offset): Source[(Offset, PartyLedgerEntry), NotUsed] =
     ledger.partyEntries(startExclusive)
 
   override def listLfPackages(): Future[Map[PackageId, PackageDetails]] =
-    timedFuture(Metrics.listLfPackages, ledger.listLfPackages())
+    Timed.future(Metrics.listLfPackages, ledger.listLfPackages())
 
   override def getLfArchive(packageId: PackageId): Future[Option[Archive]] =
-    timedFuture(Metrics.getLfArchive, ledger.getLfArchive(packageId))
+    Timed.future(Metrics.getLfArchive, ledger.getLfArchive(packageId))
 
   override def getLfPackage(packageId: PackageId): Future[Option[Ast.Package]] =
-    timedFuture(Metrics.getLfPackage, ledger.getLfPackage(packageId))
+    Timed.future(Metrics.getLfPackage, ledger.getLfPackage(packageId))
 
   override def packageEntries(
       startExclusive: Offset): Source[(Offset, PackageLedgerEntry), NotUsed] =
@@ -162,7 +161,7 @@ class MeteredReadOnlyLedger(ledger: ReadOnlyLedger, metrics: MetricRegistry)
   }
 
   override def lookupLedgerConfiguration(): Future[Option[(Offset, Configuration)]] =
-    timedFuture(Metrics.lookupLedgerConfiguration, ledger.lookupLedgerConfiguration())
+    Timed.future(Metrics.lookupLedgerConfiguration, ledger.lookupLedgerConfiguration())
 
   override def configurationEntries(
       startExclusive: Option[Offset]): Source[(Offset, ConfigurationEntry), NotUsed] =
@@ -173,12 +172,12 @@ class MeteredReadOnlyLedger(ledger: ReadOnlyLedger, metrics: MetricRegistry)
       submitter: Ref.Party,
       submittedAt: Instant,
       deduplicateUntil: Instant): Future[CommandDeduplicationResult] =
-    timedFuture(
+    Timed.future(
       Metrics.deduplicateCommand,
       ledger.deduplicateCommand(commandId, submitter, submittedAt, deduplicateUntil))
 
   override def removeExpiredDeduplicationData(currentTime: Instant): Future[Unit] =
-    timedFuture(
+    Timed.future(
       Metrics.removeExpiredDeduplicationData,
       ledger.removeExpiredDeduplicationData(currentTime))
 
@@ -186,7 +185,7 @@ class MeteredReadOnlyLedger(ledger: ReadOnlyLedger, metrics: MetricRegistry)
       commandId: CommandId,
       submitter: Ref.Party,
   ): Future[Unit] =
-    timedFuture(
+    Timed.future(
       Metrics.stopDeduplicatingCommand,
       ledger.stopDeduplicatingCommand(commandId, submitter))
 }
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/indexer/JdbcIndexer.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/indexer/JdbcIndexer.scala
index 410574ebe88..2aa75529b38 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/indexer/JdbcIndexer.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/indexer/JdbcIndexer.scala
@@ -9,21 +9,20 @@ import akka.NotUsed
 import akka.stream._
 import akka.stream.scaladsl.{Keep, Sink}
 import com.codahale.metrics.{Gauge, MetricRegistry, Timer}
+import com.daml.daml_lf_dev.DamlLf
+import com.daml.dec.{DirectExecutionContext => DEC}
+import com.daml.ledger.api.domain
 import com.daml.ledger.participant.state.index.v2
-import com.daml.ledger.participant.state.metrics.MetricName
 import com.daml.ledger.participant.state.v1.Update._
 import com.daml.ledger.participant.state.v1._
 import com.daml.lf.data.Ref.LedgerString
 import com.daml.lf.engine.Blinding
-import com.daml.daml_lf_dev.DamlLf
-import com.daml.dec.{DirectExecutionContext => DEC}
-import com.daml.ledger.api.domain
 import com.daml.logging.{ContextualizedLogger, LoggingContext}
+import com.daml.metrics.{MetricName, Timed}
 import com.daml.platform.ApiOffset.ApiOffsetConverter
 import com.daml.platform.common.LedgerIdMismatchException
 import com.daml.platform.configuration.ServerRole
 import com.daml.platform.events.EventIdFormatter
-import com.daml.platform.metrics.timedFuture
 import com.daml.platform.store.dao.{JdbcLedgerDao, LedgerDao}
 import com.daml.platform.store.entries.{LedgerEntry, PackageLedgerEntry, PartyLedgerEntry}
 import com.daml.platform.store.{FlywayMigrations, PersistenceEntry}
@@ -335,7 +334,7 @@ class JdbcIndexer private[indexer] (
           .viaMat(KillSwitches.single)(Keep.right[NotUsed, UniqueKillSwitch])
           .mapAsync(1) {
             case (offset, update) =>
-              timedFuture(Metrics.stateUpdateProcessingTimer, handleStateUpdate(offset, update))
+              Timed.future(Metrics.stateUpdateProcessingTimer, handleStateUpdate(offset, update))
           }
           .toMat(Sink.ignore)(Keep.both)
           .run()
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/metrics/package.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/metrics/package.scala
deleted file mode 100644
index 2e0990fba46..00000000000
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/metrics/package.scala
+++ /dev/null
@@ -1,20 +0,0 @@
-// Copyright (c) 2020 Digital Asset (Switzerland) GmbH and/or its affiliates. All rights reserved.
-// SPDX-License-Identifier: Apache-2.0
-
-package com.daml.platform
-
-import com.codahale.metrics.Timer
-import com.daml.dec.DirectExecutionContext
-
-import scala.concurrent.Future
-
-package object metrics {
-
-  def timedFuture[T](timer: Timer, future: => Future[T]): Future[T] = {
-    val ctx = timer.time()
-    val result = future
-    result.onComplete(_ => ctx.stop())(DirectExecutionContext)
-    result
-  }
-
-}
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/SandboxServer.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/SandboxServer.scala
index 7187405f12a..2d1b90dbe95 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/SandboxServer.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/SandboxServer.scala
@@ -10,7 +10,6 @@ import java.time.{Duration, Instant}
 import akka.actor.ActorSystem
 import akka.stream.Materializer
 import com.codahale.metrics.MetricRegistry
-import com.daml.ledger.participant.state.metrics.MetricName
 import com.daml.ledger.participant.state.v1.metrics.TimedWriteService
 import com.daml.ledger.participant.state.v1.{ParticipantId, SeedService}
 import com.daml.ledger.participant.state.{v1 => ParticipantState}
@@ -26,6 +25,7 @@ import com.daml.ledger.api.domain.LedgerId
 import com.daml.ledger.api.health.HealthChecks
 import com.daml.logging.LoggingContext.newLoggingContext
 import com.daml.logging.{ContextualizedLogger, LoggingContext}
+import com.daml.metrics.MetricName
 import com.daml.platform.apiserver._
 import com.daml.platform.packages.InMemoryPackageStore
 import com.daml.platform.sandbox.SandboxServer._
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/metrics/MetricsReporting.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/metrics/MetricsReporting.scala
index 50ad5f410ca..1c9aebfb802 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/metrics/MetricsReporting.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/metrics/MetricsReporting.scala
@@ -9,7 +9,7 @@ import java.util.concurrent.TimeUnit
 import com.codahale.metrics.Slf4jReporter.LoggingLevel
 import com.codahale.metrics.jmx.JmxReporter
 import com.codahale.metrics.{MetricRegistry, Reporter, Slf4jReporter}
-import com.daml.ledger.participant.state.metrics.JvmMetricSet
+import com.daml.metrics.JvmMetricSet
 import com.daml.platform.configuration.MetricsReporter
 import com.daml.resources.{Resource, ResourceOwner}
 
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/stores/ledger/MeteredLedger.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/stores/ledger/MeteredLedger.scala
index e12d446ed20..9c3a1761dfb 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/stores/ledger/MeteredLedger.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandbox/stores/ledger/MeteredLedger.scala
@@ -6,13 +6,12 @@ package com.daml.platform.sandbox.stores.ledger
 import java.time.Instant
 
 import com.codahale.metrics.{MetricRegistry, Timer}
-import com.daml.ledger.participant.state.metrics.MetricName
+import com.daml.daml_lf_dev.DamlLf.Archive
 import com.daml.ledger.participant.state.v1._
 import com.daml.lf.data.Ref.Party
 import com.daml.lf.data.Time
-import com.daml.daml_lf_dev.DamlLf.Archive
+import com.daml.metrics.{MetricName, Timed}
 import com.daml.platform.index.MeteredReadOnlyLedger
-import com.daml.platform.metrics.timedFuture
 
 import scala.concurrent.Future
 
@@ -33,7 +32,7 @@ private class MeteredLedger(ledger: Ledger, metrics: MetricRegistry)
       submitterInfo: SubmitterInfo,
       transactionMeta: TransactionMeta,
       transaction: SubmittedTransaction): Future[SubmissionResult] =
-    timedFuture(
+    Timed.future(
       Metrics.publishTransaction,
       ledger.publishTransaction(submitterInfo, transactionMeta, transaction))
 
@@ -41,7 +40,7 @@ private class MeteredLedger(ledger: Ledger, metrics: MetricRegistry)
       submissionId: SubmissionId,
       party: Party,
       displayName: Option[String]): Future[SubmissionResult] =
-    timedFuture(
+    Timed.future(
       Metrics.publishPartyAllocation,
       ledger.publishPartyAllocation(submissionId, party, displayName))
 
@@ -50,7 +49,7 @@ private class MeteredLedger(ledger: Ledger, metrics: MetricRegistry)
       knownSince: Instant,
       sourceDescription: Option[String],
       payload: List[Archive]): Future[SubmissionResult] =
-    timedFuture(
+    Timed.future(
       Metrics.uploadPackages,
       ledger.uploadPackages(submissionId, knownSince, sourceDescription, payload))
 
@@ -58,7 +57,7 @@ private class MeteredLedger(ledger: Ledger, metrics: MetricRegistry)
       maxRecordTime: Time.Timestamp,
       submissionId: String,
       config: Configuration): Future[SubmissionResult] =
-    timedFuture(
+    Timed.future(
       Metrics.publishConfiguration,
       ledger.publishConfiguration(maxRecordTime, submissionId, config))
 
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandboxnext/Runner.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandboxnext/Runner.scala
index 00e8f203271..0feaabf93d7 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandboxnext/Runner.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/sandboxnext/Runner.scala
@@ -19,7 +19,6 @@ import com.daml.ledger.on.sql.Database.InvalidDatabaseException
 import com.daml.ledger.on.sql.SqlLedgerReaderWriter
 import com.daml.ledger.participant.state.kvutils.api.KeyValueParticipantState
 import com.daml.ledger.participant.state.kvutils.caching
-import com.daml.ledger.participant.state.metrics.MetricName
 import com.daml.ledger.participant.state.v1
 import com.daml.ledger.participant.state.v1.metrics.{TimedReadService, TimedWriteService}
 import com.daml.ledger.participant.state.v1.{SeedService, WritePackagesService}
@@ -27,6 +26,7 @@ import com.daml.lf.archive.DarReader
 import com.daml.lf.data.Ref
 import com.daml.logging.ContextualizedLogger
 import com.daml.logging.LoggingContext.newLoggingContext
+import com.daml.metrics.MetricName
 import com.daml.platform.apiserver._
 import com.daml.platform.common.LedgerIdMode
 import com.daml.platform.indexer.{IndexerConfig, IndexerStartupMode, StandaloneIndexerServer}
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/DbDispatcher.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/DbDispatcher.scala
index a19c9a1264e..c55365bd7b6 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/DbDispatcher.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/DbDispatcher.scala
@@ -7,9 +7,9 @@ import java.sql.Connection
 import java.util.concurrent.{Executor, Executors, TimeUnit}
 
 import com.codahale.metrics.{MetricRegistry, Timer}
-import com.daml.ledger.participant.state.metrics.MetricName
 import com.daml.ledger.api.health.{HealthStatus, ReportsHealth}
 import com.daml.logging.{ContextualizedLogger, LoggingContext}
+import com.daml.metrics.MetricName
 import com.daml.platform.configuration.ServerRole
 import com.daml.resources.ResourceOwner
 import com.google.common.util.concurrent.ThreadFactoryBuilder
diff --git a/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/MeteredLedgerDao.scala b/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/MeteredLedgerDao.scala
index a4d95d9083c..443d4e9b276 100644
--- a/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/MeteredLedgerDao.scala
+++ b/ledger/sandbox/src/main/scala/com/digitalasset/platform/store/dao/MeteredLedgerDao.scala
@@ -8,27 +8,26 @@ import java.time.Instant
 import akka.NotUsed
 import akka.stream.scaladsl.Source
 import com.codahale.metrics.{MetricRegistry, Timer}
+import com.daml.daml_lf_dev.DamlLf.Archive
+import com.daml.ledger.api.domain.{CommandId, LedgerId, PartyDetails}
+import com.daml.ledger.api.health.HealthStatus
 import com.daml.ledger.participant.state.index.v2.{CommandDeduplicationResult, PackageDetails}
-import com.daml.ledger.participant.state.metrics.MetricName
 import com.daml.ledger.participant.state.v1.{Configuration, Offset, ParticipantId}
 import com.daml.lf.data.Ref
 import com.daml.lf.data.Ref.{PackageId, Party}
 import com.daml.lf.transaction.Node
 import com.daml.lf.value.Value
 import com.daml.lf.value.Value.{AbsoluteContractId, ContractInst}
-import com.daml.daml_lf_dev.DamlLf.Archive
-import com.daml.ledger.api.domain.{CommandId, LedgerId, PartyDetails}
-import com.daml.ledger.api.health.HealthStatus
-import com.daml.platform.metrics.timedFuture
+import com.daml.metrics.{MetricName, Timed}
 import com.daml.platform.store.Contract.ActiveContract
+import com.daml.platform.store.PersistenceEntry
 import com.daml.platform.store.dao.events.{TransactionsReader, TransactionsWriter}
 import com.daml.platform.store.entries.{
   ConfigurationEntry,
   LedgerEntry,
   PackageLedgerEntry,
-  PartyLedgerEntry,
+  PartyLedgerEntry
 }
-import com.daml.platform.store.PersistenceEntry
 
 import scala.collection.immutable
 import scala.concurrent.Future
@@ -63,35 +62,35 @@ class MeteredLedgerReadDao(ledgerDao: LedgerReadDao, metrics: MetricRegistry)
   override def currentHealth(): HealthStatus = ledgerDao.currentHealth()
 
   override def lookupLedgerId(): Future[Option[LedgerId]] =
-    timedFuture(Metrics.lookupLedgerId, ledgerDao.lookupLedgerId())
+    Timed.future(Metrics.lookupLedgerId, ledgerDao.lookupLedgerId())
 
   override def lookupLedgerEnd(): Future[Offset] =
-    timedFuture(Metrics.lookupLedgerEnd, ledgerDao.lookupLedgerEnd())
+    Timed.future(Metrics.lookupLedgerEnd, ledgerDao.lookupLedgerEnd())
 
   override def lookupInitialLedgerEnd(): Future[Option[Offset]] =
-    timedFuture(Metrics.lookupLedgerEnd, ledgerDao.lookupInitialLedgerEnd())
+    Timed.future(Metrics.lookupLedgerEnd, ledgerDao.lookupInitialLedgerEnd())
 
   override def lookupActiveOrDivulgedContract(
       contractId: Value.AbsoluteContractId,
       forParty: Party): Future[Option[ContractInst[Value.VersionedValue[AbsoluteContractId]]]] =
-    timedFuture(
+    Timed.future(
       Metrics.lookupActiveContract,
       ledgerDao.lookupActiveOrDivulgedContract(contractId, forParty))
 
   override def lookupMaximumLedgerTime(
       contractIds: Set[AbsoluteContractId],
   ): Future[Instant] =
-    timedFuture(Metrics.lookupMaximumLedgerTime, ledgerDao.lookupMaximumLedgerTime(contractIds))
+    Timed.future(Metrics.lookupMaximumLedgerTime, ledgerDao.lookupMaximumLedgerTime(contractIds))
 
   override def lookupLedgerEntry(offset: Offset): Future[Option[LedgerEntry]] =
-    timedFuture(Metrics.lookupLedgerEntry, ledgerDao.lookupLedgerEntry(offset))
+    Timed.future(Metrics.lookupLedgerEntry, ledgerDao.lookupLedgerEntry(offset))
 
   override def transactionsReader: TransactionsReader = ledgerDao.transactionsReader
 
   override def lookupKey(
       key: Node.GlobalKey,
       forParty: Party): Future[Option[Value.AbsoluteContractId]] =
-    timedFuture(Metrics.lookupKey, ledgerDao.lookupKey(key, forParty))
+    Timed.future(Metrics.lookupKey, ledgerDao.lookupKey(key, forParty))
 
   override def getLedgerEntries(
       startExclusive: Offset,
@@ -100,10 +99,10 @@ class MeteredLedgerReadDao(ledgerDao: LedgerReadDao, metrics: MetricRegistry)
     ledgerDao.getLedgerEntries(startExclusive, endInclusive)
 
   override def getParties(parties: Seq[Party]): Future[List[PartyDetails]] =
-    timedFuture(Metrics.getParties, ledgerDao.getParties(parties))
+    Timed.future(Metrics.getParties, ledgerDao.getParties(parties))
 
   override def listKnownParties(): Future[List[PartyDetails]] =
-    timedFuture(Metrics.listKnownParties, ledgerDao.listKnownParties())
+    Timed.future(Metrics.listKnownParties, ledgerDao.listKnownParties())
 
   override def getPartyEntries(
       startExclusive: Offset,
@@ -112,10 +111,10 @@ class MeteredLedgerReadDao(ledgerDao: LedgerReadDao, metrics: MetricRegistry)
     ledgerDao.getPartyEntries(startExclusive, endInclusive)
 
   override def listLfPackages: Future[Map[PackageId, PackageDetails]] =
-    timedFuture(Metrics.listLfPackages, ledgerDao.listLfPackages)
+    Timed.future(Metrics.listLfPackages, ledgerDao.listLfPackages)
 
   override def getLfArchive(packageId: PackageId): Future[Option[Archive]] =
-    timedFuture(Metrics.getLfArchive, ledgerDao.getLfArchive(packageId))
+    Timed.future(Metrics.getLfArchive, ledgerDao.getLfArchive(packageId))
 
   override def getPackageEntries(
       startExclusive: Offset,
@@ -124,7 +123,7 @@ class MeteredLedgerReadDao(ledgerDao: LedgerReadDao, metrics: MetricRegistry)
 
   /** Looks up the current ledger configuration, if it has been set. */
   override def lookupLedgerConfiguration(): Future[Option[(Offset, Configuration)]] =
-    timedFuture(Metrics.lookupLedgerConfiguration, ledgerDao.lookupLedgerConfiguration())
+    Timed.future(Metrics.lookupLedgerConfiguration, ledgerDao.lookupLedgerConfiguration())
 
   /** Get a stream of configuration entries. */
   override def getConfigurationEntries(
@@ -139,17 +138,17 @@ class MeteredLedgerReadDao(ledgerDao: LedgerReadDao, metrics: MetricRegistry)
       submitter: Ref.Party,
       submittedAt: Instant,
       deduplicateUntil: Instant): Future[CommandDeduplicationResult] =
-    timedFuture(
+    Timed.future(
       Metrics.deduplicateCommand,
       ledgerDao.deduplicateCommand(commandId, submitter, submittedAt, deduplicateUntil))
 
   override def removeExpiredDeduplicationData(currentTime: Instant): Future[Unit] =
-    timedFuture(
+    Timed.future(
       Metrics.removeExpiredDeduplicationData,
       ledgerDao.removeExpiredDeduplicationData(currentTime))
 
   override def stopDeduplicatingCommand(commandId: CommandId, submitter: Party): Future[Unit] =
-    timedFuture(
+    Timed.future(
       Metrics.stopDeduplicatingCommand,
       ledgerDao.stopDeduplicatingCommand(commandId, submitter))
 }
@@ -173,14 +172,14 @@ class MeteredLedgerDao(ledgerDao: LedgerDao, metrics: MetricRegistry)
   override def storeLedgerEntry(
       offset: Offset,
       ledgerEntry: PersistenceEntry): Future[PersistenceResponse] =
-    timedFuture(Metrics.storeLedgerEntry, ledgerDao.storeLedgerEntry(offset, ledgerEntry))
+    Timed.future(Metrics.storeLedgerEntry, ledgerDao.storeLedgerEntry(offset, ledgerEntry))
 
   override def storeInitialState(
       activeContracts: immutable.Seq[ActiveContract],
       ledgerEntries: immutable.Seq[(Offset, LedgerEntry)],
       newLedgerEnd: Offset
   ): Future[Unit] =
-    timedFuture(
+    Timed.future(
       Metrics.storeInitialState,
       ledgerDao.storeInitialState(activeContracts, ledgerEntries, newLedgerEnd))
 
@@ -193,7 +192,7 @@ class MeteredLedgerDao(ledgerDao: LedgerDao, metrics: MetricRegistry)
   override def storePartyEntry(
       offset: Offset,
       partyEntry: PartyLedgerEntry): Future[PersistenceResponse] =
-    timedFuture(Metrics.storePartyEntry, ledgerDao.storePartyEntry(offset, partyEntry))
+    Timed.future(Metrics.storePartyEntry, ledgerDao.storePartyEntry(offset, partyEntry))
 
   override def storeConfigurationEntry(
       offset: Offset,
@@ -203,7 +202,7 @@ class MeteredLedgerDao(ledgerDao: LedgerDao, metrics: MetricRegistry)
       configuration: Configuration,
       rejectionReason: Option[String]
   ): Future[PersistenceResponse] =
-    timedFuture(
+    Timed.future(
       Metrics.storeConfigurationEntry,
       ledgerDao.storeConfigurationEntry(
         offset,
@@ -219,7 +218,7 @@ class MeteredLedgerDao(ledgerDao: LedgerDao, metrics: MetricRegistry)
       packages: List[(Archive, PackageDetails)],
       entry: Option[PackageLedgerEntry]
   ): Future[PersistenceResponse] =
-    timedFuture(Metrics.storePackageEntry, ledgerDao.storePackageEntry(offset, packages, entry))
+    Timed.future(Metrics.storePackageEntry, ledgerDao.storePackageEntry(offset, packages, entry))
 
   override def transactionsWriter: TransactionsWriter = ledgerDao.transactionsWriter
 }
diff --git a/release/artifacts.yaml b/release/artifacts.yaml
index 3aabc9b8ecf..c46e874dfbf 100644
--- a/release/artifacts.yaml
+++ b/release/artifacts.yaml
@@ -94,6 +94,8 @@
   type: jar-deploy
 - target: //ledger/ledger-on-sql:ledger-on-sql
   type: jar-scala
+- target: //ledger/metrics:metrics
+  type: jar-scala
 - target: //ledger/participant-state:participant-state
   type: jar-scala
 - target: //ledger/participant-state/kvutils:daml_kvutils_java_proto