diff --git a/proto/valorem/trade/v1/featured_instruments.proto b/proto/valorem/trade/v1/featured_instruments.proto
new file mode 100644
index 0000000..34995d7
--- /dev/null
+++ b/proto/valorem/trade/v1/featured_instruments.proto
@@ -0,0 +1,47 @@
+syntax = "proto3";
+
+// Import additional EVM data types types.
+import "types.proto";
+
+package valorem.trade.v1;
+
+// The FeaturedInstruments service offers live streams of the featured instruments for provided asset pairs.
+service FeaturedInstruments {
+  // Streams the featured option types for specified asset pairs. Option types are returned for a pair on the stream
+  // roughly once per block.
+  rpc GetOptionTypes (OptionTypesRequest) returns (stream OptionTypes);
+}
+
+message OptionTypesRequest {
+  // List of asset pairs to get featured options for.
+  repeated OptionTypes option_types = 1;
+}
+
+message OptionTypes {
+  // The specific chain on which the tokens are located.
+  uint64 chain_id = 1;
+
+  // Pair of ERC20 tokens to retrieve all featured options for.
+  AssetPair asset_pair = 2;
+
+  // List of featured option types encoded as option_ids, along with a flag to determine if the option already exists
+  // with the clearing house.
+  // Reused message, leave empty for requests.
+  repeated OptionId option_id = 5;
+}
+
+// Underlying and exercise ERC20 asset pair for which to retrieve instruments for.
+// Note the order of tokens does not matter here.
+message AssetPair {
+  H160 token1 = 1;
+  H160 token2 = 2;
+}
+
+// Option id with created flag.
+message OptionId {
+  // Option type encoded as option_id.
+  H256 option_id = 1;
+
+  // True if option type already exists with the clearing house.
+  bool created = 2;
+}