diff --git a/include/trace/events/mctp.h b/include/trace/events/mctp.h
new file mode 100644
index 000000000000..175b057c507f
--- /dev/null
+++ b/include/trace/events/mctp.h
@@ -0,0 +1,75 @@
+/* SPDX-License-Identifier: GPL-2.0 */
+
+#undef TRACE_SYSTEM
+#define TRACE_SYSTEM mctp
+
+#if !defined(_TRACE_MCTP_H) || defined(TRACE_HEADER_MULTI_READ)
+#define _TRACE_MCTP_H
+
+#include <linux/tracepoint.h>
+
+#ifndef __TRACE_MCTP_ENUMS
+#define __TRACE_MCTP_ENUMS
+enum {
+	MCTP_TRACE_KEY_TIMEOUT,
+	MCTP_TRACE_KEY_REPLIED,
+	MCTP_TRACE_KEY_INVALIDATED,
+	MCTP_TRACE_KEY_CLOSED,
+};
+#endif /* __TRACE_MCTP_ENUMS */
+
+TRACE_DEFINE_ENUM(MCTP_TRACE_KEY_TIMEOUT);
+TRACE_DEFINE_ENUM(MCTP_TRACE_KEY_REPLIED);
+TRACE_DEFINE_ENUM(MCTP_TRACE_KEY_INVALIDATED);
+TRACE_DEFINE_ENUM(MCTP_TRACE_KEY_CLOSED);
+
+TRACE_EVENT(mctp_key_acquire,
+	TP_PROTO(const struct mctp_sk_key *key),
+	TP_ARGS(key),
+	TP_STRUCT__entry(
+		__field(__u8,	paddr)
+		__field(__u8,	laddr)
+		__field(__u8,	tag)
+	),
+	TP_fast_assign(
+		__entry->paddr = key->peer_addr;
+		__entry->laddr = key->local_addr;
+		__entry->tag = key->tag;
+	),
+	TP_printk("local %d, peer %d, tag %1x",
+		__entry->laddr,
+		__entry->paddr,
+		__entry->tag
+	)
+);
+
+TRACE_EVENT(mctp_key_release,
+	TP_PROTO(const struct mctp_sk_key *key, int reason),
+	TP_ARGS(key, reason),
+	TP_STRUCT__entry(
+		__field(__u8,	paddr)
+		__field(__u8,	laddr)
+		__field(__u8,	tag)
+		__field(int,	reason)
+	),
+	TP_fast_assign(
+		__entry->paddr = key->peer_addr;
+		__entry->laddr = key->local_addr;
+		__entry->tag = key->tag;
+		__entry->reason = reason;
+	),
+	TP_printk("local %d, peer %d, tag %1x %s",
+		__entry->laddr,
+		__entry->paddr,
+		__entry->tag,
+		__print_symbolic(__entry->reason,
+				 { MCTP_TRACE_KEY_TIMEOUT, "timeout" },
+				 { MCTP_TRACE_KEY_REPLIED, "replied" },
+				 { MCTP_TRACE_KEY_INVALIDATED, "invalidated" },
+				 { MCTP_TRACE_KEY_CLOSED, "closed" })
+	)
+);
+
+#endif
+
+#include <trace/define_trace.h>
diff --git a/net/mctp/af_mctp.c b/net/mctp/af_mctp.c
index 46e5ede385cb..28cb1633bed6 100644
--- a/net/mctp/af_mctp.c
+++ b/net/mctp/af_mctp.c
@@ -16,6 +16,9 @@
 #include <net/mctpdevice.h>
 #include <net/sock.h>
 
+#define CREATE_TRACE_POINTS
+#include <trace/events/mctp.h>
+
 /* socket implementation */
 
 static int mctp_release(struct socket *sock)
@@ -239,6 +242,7 @@ static void mctp_sk_expire_keys(struct timer_list *timer)
 		spin_lock(&key->lock);
 
 		if (!time_after_eq(key->expiry, jiffies)) {
+			trace_mctp_key_release(key, MCTP_TRACE_KEY_TIMEOUT);
 			key->valid = false;
 			hlist_del_rcu(&key->hlist);
 			hlist_del_rcu(&key->sklist);
@@ -310,6 +314,8 @@ static void mctp_sk_unhash(struct sock *sk)
 		hlist_del(&key->sklist);
 		hlist_del(&key->hlist);
 
+		trace_mctp_key_release(key, MCTP_TRACE_KEY_CLOSED);
+
 		spin_lock(&key->lock);
 		if (key->reasm_head)
 			kfree_skb(key->reasm_head);
diff --git a/net/mctp/route.c b/net/mctp/route.c
index c342adf4f97f..acc5bb39e16d 100644
--- a/net/mctp/route.c
+++ b/net/mctp/route.c
@@ -23,10 +23,11 @@
 #include <net/netlink.h>
 #include <net/sock.h>
 
+#include <trace/events/mctp.h>
+
 static const unsigned int mctp_message_maxlen = 64 * 1024;
 static const unsigned long mctp_key_lifetime = 6 * CONFIG_HZ;
 
-
 /* route output callbacks */
 static int mctp_route_discard(struct mctp_route *route, struct sk_buff *skb)
 {
@@ -332,6 +333,8 @@ static int mctp_route_input(struct mctp_route *route, struct sk_buff *skb)
 				/* we've hit a pending reassembly; not much we
 				 * can do but drop it
 				 */
+				trace_mctp_key_release(key,
+						       MCTP_TRACE_KEY_REPLIED);
 				__mctp_key_unlock_drop(key, net, f);
 				key = NULL;
 			}
@@ -365,12 +368,16 @@ static int mctp_route_input(struct mctp_route *route, struct sk_buff *skb)
 			if (rc)
 				kfree(key);
 
+			trace_mctp_key_acquire(key);
+
 			/* we don't need to release key->lock on exit */
 			key = NULL;
 
 		} else {
 			if (key->reasm_head || key->reasm_dead) {
 				/* duplicate start? drop everything */
+				trace_mctp_key_release(key,
+						       MCTP_TRACE_KEY_INVALIDATED);
 				__mctp_key_unlock_drop(key, net, f);
 				rc = -EEXIST;
 				key = NULL;
@@ -396,6 +403,7 @@ static int mctp_route_input(struct mctp_route *route, struct sk_buff *skb)
 		if (!rc && flags & MCTP_HDR_FLAG_EOM) {
 			sock_queue_rcv_skb(key->sk, key->reasm_head);
 			key->reasm_head = NULL;
+			trace_mctp_key_release(key, MCTP_TRACE_KEY_REPLIED);
 			__mctp_key_unlock_drop(key, net, f);
 			key = NULL;
 		}
@@ -572,6 +580,8 @@ static int mctp_alloc_local_tag(struct mctp_sock *msk,
 	if (tagbits) {
 		key->tag = __ffs(tagbits);
 		mctp_reserve_tag(net, key, msk);
+		trace_mctp_key_acquire(key);
+
 		*tagp = key->tag;
 		rc = 0;
 	}