diff --git a/indexer/services/roundtable/__tests__/tasks/cache-orderbook-mid-prices.test.ts b/indexer/services/roundtable/__tests__/tasks/cache-orderbook-mid-prices.test.ts
deleted file mode 100644
index cd0eee3970..0000000000
--- a/indexer/services/roundtable/__tests__/tasks/cache-orderbook-mid-prices.test.ts
+++ /dev/null
@@ -1,98 +0,0 @@
-import {
-  dbHelpers,
-  testConstants,
-  testMocks,
-} from '@dydxprotocol-indexer/postgres';
-import {
-  OrderbookMidPricesCache,
-  OrderbookLevelsCache,
-  redis,
-} from '@dydxprotocol-indexer/redis';
-import { redisClient } from '../../src/helpers/redis';
-import runTask from '../../src/tasks/cache-orderbook-mid-prices';
-
-jest.mock('@dydxprotocol-indexer/base', () => ({
-  ...jest.requireActual('@dydxprotocol-indexer/base'),
-  logger: {
-    info: jest.fn(),
-    error: jest.fn(),
-  },
-}));
-
-jest.mock('@dydxprotocol-indexer/redis', () => ({
-  ...jest.requireActual('@dydxprotocol-indexer/redis'),
-  OrderbookLevelsCache: {
-    getOrderBookMidPrice: jest.fn(),
-  },
-}));
-
-describe('cache-orderbook-mid-prices', () => {
-  beforeAll(async () => {
-    await dbHelpers.migrate();
-  });
-
-  beforeEach(async () => {
-    await dbHelpers.clearData();
-    await redis.deleteAllAsync(redisClient);
-    await testMocks.seedData();
-  });
-
-  afterAll(async () => {
-    await dbHelpers.teardown();
-    jest.resetAllMocks();
-  });
-
-  it('caches mid prices for all markets', async () => {
-    const market1 = testConstants.defaultPerpetualMarket;
-    const market2 = testConstants.defaultPerpetualMarket2;
-
-    const mockGetOrderBookMidPrice = jest.spyOn(OrderbookLevelsCache, 'getOrderBookMidPrice');
-    mockGetOrderBookMidPrice.mockResolvedValueOnce('100.5'); // For market1
-    mockGetOrderBookMidPrice.mockResolvedValueOnce('200.75'); // For market2
-
-    await runTask();
-
-    // Check if the mock was called with the correct arguments
-    expect(mockGetOrderBookMidPrice).toHaveBeenCalledWith(market1.ticker, redisClient);
-    expect(mockGetOrderBookMidPrice).toHaveBeenCalledWith(market2.ticker, redisClient);
-
-    // Check if prices were cached correctly
-    const price1 = await OrderbookMidPricesCache.getMedianPrice(redisClient, market1.ticker);
-    const price2 = await OrderbookMidPricesCache.getMedianPrice(redisClient, market2.ticker);
-
-    expect(price1).toBe('100.5');
-    expect(price2).toBe('200.75');
-  });
-
-  it('handles undefined prices', async () => {
-    const market = testConstants.defaultPerpetualMarket;
-
-    const mockGetOrderBookMidPrice = jest.spyOn(OrderbookLevelsCache, 'getOrderBookMidPrice');
-    mockGetOrderBookMidPrice.mockResolvedValueOnce(undefined);
-
-    await runTask();
-
-    const price = await OrderbookMidPricesCache.getMedianPrice(redisClient, market.ticker);
-    expect(price).toBeNull();
-
-    // Check that a log message was created
-    expect(jest.requireMock('@dydxprotocol-indexer/base').logger.info).toHaveBeenCalledWith({
-      at: 'cache-orderbook-mid-prices#runTask',
-      message: `undefined price for ${market.ticker}`,
-    });
-  });
-
-  it('handles errors', async () => {
-    // Mock OrderbookLevelsCache.getOrderBookMidPrice to throw an error
-    const mockGetOrderBookMidPrice = jest.spyOn(OrderbookLevelsCache, 'getOrderBookMidPrice');
-    mockGetOrderBookMidPrice.mockRejectedValueOnce(new Error('Test error'));
-
-    await runTask();
-
-    expect(jest.requireMock('@dydxprotocol-indexer/base').logger.error).toHaveBeenCalledWith({
-      at: 'cache-orderbook-mid-prices#runTask',
-      message: 'Test error',
-      error: expect.any(Error),
-    });
-  });
-});
diff --git a/indexer/services/roundtable/src/config.ts b/indexer/services/roundtable/src/config.ts
index 34dafba44b..bdc8877e5c 100644
--- a/indexer/services/roundtable/src/config.ts
+++ b/indexer/services/roundtable/src/config.ts
@@ -60,7 +60,6 @@ export const configSchema = {
   LOOPS_ENABLED_UPDATE_WALLET_TOTAL_VOLUME: parseBoolean({ default: true }),
   LOOPS_ENABLED_UPDATE_AFFILIATE_INFO: parseBoolean({ default: true }),
   LOOPS_ENABLED_DELETE_OLD_FIREBASE_NOTIFICATION_TOKENS: parseBoolean({ default: true }),
-  LOOPS_ENABLED_CACHE_ORDERBOOK_MID_PRICES: parseBoolean({ default: true }),
 
   // Loop Timing
   LOOPS_INTERVAL_MS_MARKET_UPDATER: parseInteger({
diff --git a/indexer/services/roundtable/src/index.ts b/indexer/services/roundtable/src/index.ts
index bfdee334c7..f52903ac19 100644
--- a/indexer/services/roundtable/src/index.ts
+++ b/indexer/services/roundtable/src/index.ts
@@ -10,7 +10,6 @@ import {
   connect as connectToRedis,
 } from './helpers/redis';
 import aggregateTradingRewardsTasks from './tasks/aggregate-trading-rewards';
-import cacheOrderbookMidPrices from './tasks/cache-orderbook-mid-prices';
 import cancelStaleOrdersTask from './tasks/cancel-stale-orders';
 import createLeaderboardTask from './tasks/create-leaderboard';
 import createPnlTicksTask from './tasks/create-pnl-ticks';
@@ -273,14 +272,6 @@ async function start(): Promise<void> {
     );
   }
 
-  if (config.LOOPS_ENABLED_CACHE_ORDERBOOK_MID_PRICES) {
-    startLoop(
-      cacheOrderbookMidPrices,
-      'cache_orderbook_mid_prices',
-      config.LOOPS_INTERVAL_MS_CACHE_ORDERBOOK_MID_PRICES,
-    );
-  }
-
   logger.info({
     at: 'index',
     message: 'Successfully started',
diff --git a/indexer/services/roundtable/src/tasks/cache-orderbook-mid-prices.ts b/indexer/services/roundtable/src/tasks/cache-orderbook-mid-prices.ts
deleted file mode 100644
index 644f50df6f..0000000000
--- a/indexer/services/roundtable/src/tasks/cache-orderbook-mid-prices.ts
+++ /dev/null
@@ -1,40 +0,0 @@
-import {
-  logger,
-} from '@dydxprotocol-indexer/base';
-import {
-  PerpetualMarketFromDatabase,
-  PerpetualMarketTable,
-} from '@dydxprotocol-indexer/postgres';
-import {
-  OrderbookMidPricesCache,
-  OrderbookLevelsCache,
-} from '@dydxprotocol-indexer/redis';
-
-import { redisClient } from '../helpers/redis';
-
-/**
- * Updates OrderbookMidPricesCache with current orderbook mid price for each market
- */
-export default async function runTask(): Promise<void> {
-  const markets: PerpetualMarketFromDatabase[] = await PerpetualMarketTable.findAll({}, []);
-
-  for (const market of markets) {
-    try {
-      const price = await OrderbookLevelsCache.getOrderBookMidPrice(market.ticker, redisClient);
-      if (price) {
-        await OrderbookMidPricesCache.setPrice(redisClient, market.ticker, price);
-      } else {
-        logger.info({
-          at: 'cache-orderbook-mid-prices#runTask',
-          message: `undefined price for ${market.ticker}`,
-        });
-      }
-    } catch (error) {
-      logger.error({
-        at: 'cache-orderbook-mid-prices#runTask',
-        message: error.message,
-        error,
-      });
-    }
-  }
-}