diff --git a/dot-env.template b/dot-env.template
index 597c85260..d5f3cebf6 100644
--- a/dot-env.template
+++ b/dot-env.template
@@ -60,3 +60,8 @@ SIMLI_FACE_ID=...
 
 # Krisp
 KRISP_MODEL_PATH=...
+
+# Langfuse
+LANGFUSE_HOST=...
+LANGFUSE_PUBLIC_KEY=...
+LANGFUSE_SECRET_KEY=...
diff --git a/examples/foundational/28-langfuse-llm-tracing.py b/examples/foundational/28-langfuse-llm-tracing.py
new file mode 100644
index 000000000..53aa96546
--- /dev/null
+++ b/examples/foundational/28-langfuse-llm-tracing.py
@@ -0,0 +1,77 @@
+#
+# Copyright (c) 2024, Daily
+#
+# SPDX-License-Identifier: BSD 2-Clause License
+#
+
+import asyncio
+import aiohttp
+import os
+import sys
+
+from langfuse.decorators import observe, langfuse_context
+
+from pipecat.frames.frames import EndFrame, LLMMessagesFrame
+from pipecat.pipeline.pipeline import Pipeline
+from pipecat.pipeline.runner import PipelineRunner
+from pipecat.pipeline.task import PipelineTask
+from pipecat.services.cartesia import CartesiaTTSService
+from pipecat.services.openai import OpenAILLMService
+from pipecat.transports.services.daily import DailyParams, DailyTransport
+
+from runner import configure
+
+from loguru import logger
+
+from dotenv import load_dotenv
+
+load_dotenv(override=True)
+
+logger.remove(0)
+logger.add(sys.stderr, level="DEBUG")
+
+@observe()
+async def main():
+
+    async with aiohttp.ClientSession() as session:
+        (room_url, _) = await configure(session)
+
+        langfuse_context.update_current_trace(
+            # session_id=, # fill in with session_id
+            # user_id=user_id, # fill in with user_id/participant
+            metadata={
+                "room_url": room_url
+            }, tags=["langfuse", "llm", "daily"]
+        )
+
+        transport = DailyTransport(
+            room_url, None, "Say One Thing From an LLM", DailyParams(audio_out_enabled=True)
+        )
+
+        tts = CartesiaTTSService(
+            api_key=os.getenv("CARTESIA_API_KEY"),
+            voice_id="79a125e8-cd45-4c13-8a67-188112f4dd22",  # British Lady
+        )
+
+        llm = OpenAILLMService(api_key=os.getenv("OPENAI_API_KEY"), model="gpt-4o")
+
+        messages = [
+            {
+                "role": "system",
+                "content": "You are an LLM in a WebRTC session, and this is a 'hello world' demo. Say hello to the world.",
+            }
+        ]
+
+        runner = PipelineRunner()
+
+        task = PipelineTask(Pipeline([llm, tts, transport.output()]))
+
+        @transport.event_handler("on_first_participant_joined")
+        async def on_first_participant_joined(transport, participant):
+            await task.queue_frames([LLMMessagesFrame(messages), EndFrame()])
+
+        await runner.run(task)
+
+
+if __name__ == "__main__":
+    asyncio.run(main())
diff --git a/pyproject.toml b/pyproject.toml
index f3f7d6050..5e311319d 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -55,6 +55,7 @@ gstreamer = [ "pygobject~=3.48.2" ]
 fireworks = [ "openai~=1.57.2" ]
 krisp = [ "pipecat-ai-krisp~=0.3.0" ]
 langchain = [ "langchain~=0.2.14", "langchain-community~=0.2.12", "langchain-openai~=0.1.20" ]
+langfuse = [ "langfuse==2.54.1"]
 livekit = [ "livekit~=0.17.5", "livekit-api~=0.7.1", "tenacity~=8.5.0" ]
 lmnt = [ "lmnt~=1.1.4" ]
 local = [ "pyaudio~=0.2.14" ]
diff --git a/src/pipecat/services/openai.py b/src/pipecat/services/openai.py
index 43ad16536..00789818d 100644
--- a/src/pipecat/services/openai.py
+++ b/src/pipecat/services/openai.py
@@ -64,6 +64,29 @@
     raise Exception(f"Missing module: {e}")
 
 
+try:
+    from langfuse.openai import AsyncOpenAI
+    from langfuse.decorators import observe
+except ModuleNotFoundError as e:
+    logger.warning(f"Langfuse is not installed. Exception: {e}")
+    logger.warning(
+        "Langfuse integration is optional. To enable it, install the Langfuse package with "
+        "`pip install pipecat-ai[langfuse]` and set the `LANGFUSE_HOST`, "
+        "`LANGFUSE_PUBLIC_KEY`, and `LANGFUSE_SECRET_KEY` environment variables."
+    )
+
+    # Dummy observe decorator
+    def observe(*args, **kwargs):
+        def decorator(func):
+            async def wrapper(*func_args, **func_kwargs):
+                # Log or print that the dummy observe is being used, if needed
+                logger.debug("Using dummy observe decorator.")
+                return await func(*func_args, **func_kwargs)
+
+            return wrapper
+
+        return decorator
+
 ValidVoice = Literal["alloy", "echo", "fable", "onyx", "nova", "shimmer"]
 
 VALID_VOICES: Dict[str, ValidVoice] = {
@@ -144,6 +167,7 @@ def create_client(self, api_key=None, base_url=None, **kwargs):
     def can_generate_metrics(self) -> bool:
         return True
 
+    @observe
     async def get_chat_completions(
         self, context: OpenAILLMContext, messages: List[ChatCompletionMessageParam]
     ) -> AsyncStream[ChatCompletionChunk]: