diff --git a/loopdb/interface.go b/loopdb/interface.go
index ce8a1b97..c3c049ca 100644
--- a/loopdb/interface.go
+++ b/loopdb/interface.go
@@ -70,6 +70,13 @@ type SwapStore interface {
 	BatchUpdateLoopOutSwapCosts(ctx context.Context,
 		swaps map[lntypes.Hash]SwapCost) error
 
+	// HasMigration returns true if the migration with the given ID has
+	// been done.
+	HasMigration(ctx context.Context, migrationID string) (bool, error)
+
+	// SetMigration marks the migration with the given ID as done.
+	SetMigration(ctx context.Context, migrationID string) error
+
 	// Close closes the underlying database.
 	Close() error
 }
diff --git a/loopdb/sql_store.go b/loopdb/sql_store.go
index 60e9d7a0..6d9a49bc 100644
--- a/loopdb/sql_store.go
+++ b/loopdb/sql_store.go
@@ -439,6 +439,29 @@ func (b *BaseDB) BatchUpdateLoopOutSwapCosts(ctx context.Context,
 	})
 }
 
+// HasMigration returns true if the migration with the given ID has been done.
+func (b *BaseDB) HasMigration(ctx context.Context, migrationID string) (
+	bool, error) {
+
+	migration, err := b.GetMigration(ctx, migrationID)
+	if err != nil && !errors.Is(err, sql.ErrNoRows) {
+		return false, err
+	}
+
+	return migration.MigrationTs.Valid, nil
+}
+
+// SetMigration marks the migration with the given ID as done.
+func (b *BaseDB) SetMigration(ctx context.Context, migrationID string) error {
+	return b.InsertMigration(ctx, sqlc.InsertMigrationParams{
+		MigrationID: migrationID,
+		MigrationTs: sql.NullTime{
+			Time:  time.Now().UTC(),
+			Valid: true,
+		},
+	})
+}
+
 // loopToInsertArgs converts a SwapContract struct to the arguments needed to
 // insert it into the database.
 func loopToInsertArgs(hash lntypes.Hash,
diff --git a/loopdb/sql_test.go b/loopdb/sql_test.go
index 76ecf91f..5919236e 100644
--- a/loopdb/sql_test.go
+++ b/loopdb/sql_test.go
@@ -515,6 +515,22 @@ func TestBatchUpdateCost(t *testing.T) {
 	require.Equal(t, updateMap[hash2], swapsMap[hash2].State().Cost)
 }
 
+// TestMigrationTracker tests the migration tracker functionality.
+func TestMigrationTracker(t *testing.T) {
+	ctxb := context.Background()
+
+	// Create a new sqlite store for testing.
+	sqlDB := NewTestDB(t)
+	hasMigration, err := sqlDB.HasMigration(ctxb, "test")
+	require.NoError(t, err)
+	require.False(t, hasMigration)
+
+	require.NoError(t, sqlDB.SetMigration(ctxb, "test"))
+	hasMigration, err = sqlDB.HasMigration(ctxb, "test")
+	require.NoError(t, err)
+	require.True(t, hasMigration)
+}
+
 const charset = "abcdefghijklmnopqrstuvwxyzABCDEFGHIJKLMNOPQRSTUVWXYZ0123456789"
 
 func randomString(length int) string {
diff --git a/loopdb/sqlc/migration_tracker.sql.go b/loopdb/sqlc/migration_tracker.sql.go
new file mode 100644
index 00000000..e68c56d5
--- /dev/null
+++ b/loopdb/sqlc/migration_tracker.sql.go
@@ -0,0 +1,45 @@
+// Code generated by sqlc. DO NOT EDIT.
+// versions:
+//   sqlc v1.25.0
+// source: migration_tracker.sql
+
+package sqlc
+
+import (
+	"context"
+	"database/sql"
+)
+
+const getMigration = `-- name: GetMigration :one
+SELECT
+  migration_id,
+  migration_ts
+FROM
+  migration_tracker
+WHERE
+  migration_id = $1
+`
+
+func (q *Queries) GetMigration(ctx context.Context, migrationID string) (MigrationTracker, error) {
+	row := q.db.QueryRowContext(ctx, getMigration, migrationID)
+	var i MigrationTracker
+	err := row.Scan(&i.MigrationID, &i.MigrationTs)
+	return i, err
+}
+
+const insertMigration = `-- name: InsertMigration :exec
+INSERT INTO migration_tracker (
+  migration_id,
+  migration_ts
+) VALUES ($1, $2)
+`
+
+type InsertMigrationParams struct {
+	MigrationID string
+	MigrationTs sql.NullTime
+}
+
+func (q *Queries) InsertMigration(ctx context.Context, arg InsertMigrationParams) error {
+	_, err := q.db.ExecContext(ctx, insertMigration, arg.MigrationID, arg.MigrationTs)
+	return err
+}
diff --git a/loopdb/sqlc/migrations/000008_migration_tracker.down.sql b/loopdb/sqlc/migrations/000008_migration_tracker.down.sql
new file mode 100644
index 00000000..6423aa6e
--- /dev/null
+++ b/loopdb/sqlc/migrations/000008_migration_tracker.down.sql
@@ -0,0 +1,2 @@
+DROP TABLE migration_tracker;
+
diff --git a/loopdb/sqlc/migrations/000008_migration_tracker.up.sql b/loopdb/sqlc/migrations/000008_migration_tracker.up.sql
new file mode 100644
index 00000000..01b8a72f
--- /dev/null
+++ b/loopdb/sqlc/migrations/000008_migration_tracker.up.sql
@@ -0,0 +1,9 @@
+CREATE TABLE migration_tracker (
+        -- migration_id is the id of the migration.
+        migration_id TEXT NOT NULL,
+
+        -- migration_ts is the timestamp at which the migration was run.
+        migration_ts TIMESTAMP,
+
+        PRIMARY KEY (migration_id)
+);
diff --git a/loopdb/sqlc/models.go b/loopdb/sqlc/models.go
index 45185d30..03c5c676 100644
--- a/loopdb/sqlc/models.go
+++ b/loopdb/sqlc/models.go
@@ -67,6 +67,11 @@ type LoopoutSwap struct {
 	PaymentTimeout      int32
 }
 
+type MigrationTracker struct {
+	MigrationID string
+	MigrationTs sql.NullTime
+}
+
 type Reservation struct {
 	ID                 int32
 	ReservationID      []byte
diff --git a/loopdb/sqlc/querier.go b/loopdb/sqlc/querier.go
index c930b8b7..4c94d146 100644
--- a/loopdb/sqlc/querier.go
+++ b/loopdb/sqlc/querier.go
@@ -23,6 +23,7 @@ type Querier interface {
 	GetLoopInSwaps(ctx context.Context) ([]GetLoopInSwapsRow, error)
 	GetLoopOutSwap(ctx context.Context, swapHash []byte) (GetLoopOutSwapRow, error)
 	GetLoopOutSwaps(ctx context.Context) ([]GetLoopOutSwapsRow, error)
+	GetMigration(ctx context.Context, migrationID string) (MigrationTracker, error)
 	GetParentBatch(ctx context.Context, swapHash []byte) (SweepBatch, error)
 	GetReservation(ctx context.Context, reservationID []byte) (Reservation, error)
 	GetReservationUpdates(ctx context.Context, reservationID []byte) ([]ReservationUpdate, error)
@@ -36,6 +37,7 @@ type Querier interface {
 	InsertInstantOutUpdate(ctx context.Context, arg InsertInstantOutUpdateParams) error
 	InsertLoopIn(ctx context.Context, arg InsertLoopInParams) error
 	InsertLoopOut(ctx context.Context, arg InsertLoopOutParams) error
+	InsertMigration(ctx context.Context, arg InsertMigrationParams) error
 	InsertReservationUpdate(ctx context.Context, arg InsertReservationUpdateParams) error
 	InsertSwap(ctx context.Context, arg InsertSwapParams) error
 	InsertSwapUpdate(ctx context.Context, arg InsertSwapUpdateParams) error
diff --git a/loopdb/sqlc/queries/migration_tracker.sql b/loopdb/sqlc/queries/migration_tracker.sql
new file mode 100644
index 00000000..da1fd178
--- /dev/null
+++ b/loopdb/sqlc/queries/migration_tracker.sql
@@ -0,0 +1,14 @@
+-- name: InsertMigration :exec
+INSERT INTO migration_tracker (
+  migration_id,
+  migration_ts
+) VALUES ($1, $2);
+
+-- name: GetMigration :one
+SELECT
+  migration_id,
+  migration_ts
+FROM
+  migration_tracker
+WHERE
+  migration_id = $1;
diff --git a/loopdb/store.go b/loopdb/store.go
index dd6b6510..a43db544 100644
--- a/loopdb/store.go
+++ b/loopdb/store.go
@@ -1017,3 +1017,17 @@ func (b *boltSwapStore) BatchUpdateLoopOutSwapCosts(ctx context.Context,
 
 	return errUnimplemented
 }
+
+// HasMigration returns true if the migration with the given ID has been done.
+func (b *boltSwapStore) HasMigration(ctx context.Context, migrationID string) (
+	bool, error) {
+
+	return false, errUnimplemented
+}
+
+// SetMigration marks the migration with the given ID as done.
+func (b *boltSwapStore) SetMigration(ctx context.Context,
+	migrationID string) error {
+
+	return errUnimplemented
+}
diff --git a/loopdb/store_mock.go b/loopdb/store_mock.go
index c64b0c06..268bba6b 100644
--- a/loopdb/store_mock.go
+++ b/loopdb/store_mock.go
@@ -359,3 +359,17 @@ func (s *StoreMock) BatchUpdateLoopOutSwapCosts(ctx context.Context,
 
 	return nil
 }
+
+// HasMigration returns true if the migration with the given ID has been done.
+func (s *StoreMock) HasMigration(ctx context.Context, migrationID string) (
+	bool, error) {
+
+	return false, errUnimplemented
+}
+
+// SetMigration marks the migration with the given ID as done.
+func (s *StoreMock) SetMigration(ctx context.Context,
+	migrationID string) error {
+
+	return errUnimplemented
+}