diff --git a/examples/tokenvm/config/config.go b/examples/tokenvm/config/config.go
index 721731e644..0db284c87e 100644
--- a/examples/tokenvm/config/config.go
+++ b/examples/tokenvm/config/config.go
@@ -28,6 +28,7 @@ const (
 	defaultContinuousProfilerFrequency = 1 * time.Minute
 	defaultContinuousProfilerMaxFiles  = 10
 	defaultStoreTransactions           = true
+	defaultMaxOrdersPerPair            = 1024
 )
 
 type Config struct {
@@ -58,9 +59,8 @@ type Config struct {
 	// Order Book
 	//
 	// This is denoted as <asset 1>-<asset 2>
-	//
-	// TODO: add ability to denote min rate/min amount for tracking to avoid spam
-	TrackedPairs []string `json:"trackedPairs"` // which asset ID pairs we care about
+	MaxOrdersPerPair int      `json:"maxOrdersPerPair"`
+	TrackedPairs     []string `json:"trackedPairs"` // which asset ID pairs we care about
 
 	// Misc
 	VerifySignatures  bool          `json:"verifySignatures"`
@@ -115,6 +115,7 @@ func (c *Config) setDefault() {
 	c.StreamingBacklogSize = c.Config.GetStreamingBacklogSize()
 	c.VerifySignatures = c.Config.GetVerifySignatures()
 	c.StoreTransactions = defaultStoreTransactions
+	c.MaxOrdersPerPair = defaultMaxOrdersPerPair
 }
 
 func (c *Config) GetLogLevel() logging.Level       { return c.LogLevel }
diff --git a/examples/tokenvm/controller/controller.go b/examples/tokenvm/controller/controller.go
index 4c802bdc3f..e617665d66 100644
--- a/examples/tokenvm/controller/controller.go
+++ b/examples/tokenvm/controller/controller.go
@@ -145,7 +145,7 @@ func (c *Controller) Initialize(
 	}
 
 	// Initialize order book used to track all open orders
-	c.orderBook = orderbook.New(c, c.config.TrackedPairs)
+	c.orderBook = orderbook.New(c, c.config.TrackedPairs, c.config.MaxOrdersPerPair)
 	return c.config, c.genesis, build, gossip, blockDB, stateDB, apis, consts.ActionRegistry, consts.AuthRegistry, auth.Engines(), nil
 }
 
diff --git a/examples/tokenvm/orderbook/orderbook.go b/examples/tokenvm/orderbook/orderbook.go
index d570a80a46..9f12e95874 100644
--- a/examples/tokenvm/orderbook/orderbook.go
+++ b/examples/tokenvm/orderbook/orderbook.go
@@ -14,10 +14,7 @@ import (
 	"go.uber.org/zap"
 )
 
-const (
-	initialPairCapacity = 128
-	allPairs            = "*"
-)
+const allPairs = "*"
 
 type Order struct {
 	ID        ids.ID `json:"id"`
@@ -32,17 +29,19 @@ type Order struct {
 type OrderBook struct {
 	c Controller
 
-	// TODO: consider capping the number of orders in each heap (need to ensure
-	// that doing so does not make it possible to send a bunch of small, spam
-	// orders to clear -> may need to set a min order limit to watch)
-	orders      map[string]*heap.Heap[*Order, float64]
-	orderToPair map[ids.ID]string // needed to delete from [CloseOrder] actions
-	l           sync.RWMutex
+	// Fee required to create an order should be high enough to prevent too many
+	// dust orders from filling the heap.
+	//
+	// TODO: Allow operator to specify min creation supply per pair to be tracked
+	orders           map[string]*heap.Heap[*Order, float64]
+	orderToPair      map[ids.ID]string // needed to delete from [CloseOrder] actions
+	maxOrdersPerPair int
+	l                sync.RWMutex
 
 	trackAll bool
 }
 
-func New(c Controller, trackedPairs []string) *OrderBook {
+func New(c Controller, trackedPairs []string, maxOrdersPerPair int) *OrderBook {
 	m := map[string]*heap.Heap[*Order, float64]{}
 	trackAll := false
 	if len(trackedPairs) == 1 && trackedPairs[0] == allPairs {
@@ -51,15 +50,16 @@ func New(c Controller, trackedPairs []string) *OrderBook {
 	} else {
 		for _, pair := range trackedPairs {
 			// We use a max heap so we return the best rates in order.
-			m[pair] = heap.New[*Order, float64](initialPairCapacity, true)
+			m[pair] = heap.New[*Order, float64](maxOrdersPerPair+1, true)
 			c.Logger().Info("tracking order book", zap.String("pair", pair))
 		}
 	}
 	return &OrderBook{
-		c:           c,
-		orders:      m,
-		orderToPair: map[ids.ID]string{},
-		trackAll:    trackAll,
+		c:                c,
+		orders:           m,
+		orderToPair:      map[ids.ID]string{},
+		maxOrdersPerPair: maxOrdersPerPair,
+		trackAll:         trackAll,
 	}
 }
 
@@ -82,7 +82,7 @@ func (o *OrderBook) Add(txID ids.ID, actor ed25519.PublicKey, action *actions.Cr
 		return
 	case !ok && o.trackAll:
 		o.c.Logger().Info("tracking order book", zap.String("pair", pair))
-		h = heap.New[*Order, float64](initialPairCapacity, true)
+		h = heap.New[*Order, float64](o.maxOrdersPerPair+1, true)
 		o.orders[pair] = h
 	}
 	h.Push(&heap.Entry[*Order, float64]{
@@ -92,11 +92,19 @@ func (o *OrderBook) Add(txID ids.ID, actor ed25519.PublicKey, action *actions.Cr
 		Index: h.Len(),
 	})
 	o.orderToPair[order.ID] = pair
+
+	// Remove worst order if we are above the max we
+	// track per pair
+	if l := h.Len(); l > o.maxOrdersPerPair {
+		e := h.Remove(l - 1)
+		delete(o.orderToPair, e.ID)
+	}
 }
 
 func (o *OrderBook) Remove(id ids.ID) {
 	o.l.Lock()
 	defer o.l.Unlock()
+
 	pair, ok := o.orderToPair[id]
 	if !ok {
 		return
@@ -118,6 +126,7 @@ func (o *OrderBook) Remove(id ids.ID) {
 func (o *OrderBook) UpdateRemaining(id ids.ID, remaining uint64) {
 	o.l.Lock()
 	defer o.l.Unlock()
+
 	pair, ok := o.orderToPair[id]
 	if !ok {
 		return
@@ -138,6 +147,7 @@ func (o *OrderBook) UpdateRemaining(id ids.ID, remaining uint64) {
 func (o *OrderBook) Orders(pair string, limit int) []*Order {
 	o.l.RLock()
 	defer o.l.RUnlock()
+
 	h, ok := o.orders[pair]
 	if !ok {
 		return nil
diff --git a/examples/tokenvm/scripts/run.sh b/examples/tokenvm/scripts/run.sh
index 001eeae34c..7836af7ed8 100755
--- a/examples/tokenvm/scripts/run.sh
+++ b/examples/tokenvm/scripts/run.sh
@@ -121,6 +121,9 @@ fi
 
 ############################
 
+# When running a validator, the [trackedPairs] should be empty/limited or
+# else malicious entities can attempt to stuff memory with dust orders to cause
+# an OOM.
 echo "creating vm config"
 rm -f ${TMPDIR}/tokenvm.config
 rm -rf ${TMPDIR}/tokenvm-e2e-profiles
@@ -133,10 +136,6 @@ cat <<EOF > ${TMPDIR}/tokenvm.config
   "verifySignatures":true,
   "storeTransactions":true,
   "streamingBacklogSize": 10000000,
-  "gossipMaxSize": 32768,
-  "gossipProposerDiff": 3,
-  "gossipProposerDepth": 1,
-  "noGossipBuilderDiff": 5,
   "trackedPairs":["*"],
   "logLevel": "${LOGLEVEL}",
   "stateSyncServerDelay": ${STATESYNC_DELAY}
diff --git a/gossiper/proposer.go b/gossiper/proposer.go
index 6390844303..7d7a58c9b4 100644
--- a/gossiper/proposer.go
+++ b/gossiper/proposer.go
@@ -248,6 +248,7 @@ func (g *Proposer) HandleAppGossip(ctx context.Context, nodeID ids.NodeID, msg [
 	g.vm.Logger().Info(
 		"tx gossip received",
 		zap.Int("txs", len(txs)),
+		zap.Int("previously seen", seen),
 		zap.Stringer("nodeID", nodeID),
 		zap.Bool("validator", isValidator),
 		zap.Duration("t", time.Since(start)),