diff --git a/README.md b/README.md
index bd9aa42..55f11f3 100644
--- a/README.md
+++ b/README.md
@@ -507,3 +507,4 @@ Repository integration tests are under `tests/integration/` and execute against
 - Use Docker/Testcontainers automatically: `npm run test:integration`
 - Use an existing DB in CI: `TEST_DATABASE_URL=postgresql://... npm run test:integration`
 - Coverage report: `npm run coverage`
+dummy
diff --git a/src/migrations/004_add_active_subscriptions_partial_index.ts b/src/migrations/004_add_active_subscriptions_partial_index.ts
new file mode 100644
index 0000000..f01d612
--- /dev/null
+++ b/src/migrations/004_add_active_subscriptions_partial_index.ts
@@ -0,0 +1,9 @@
+import { MigrationBuilder } from 'node-pg-migrate'
+
+export async function up(pgm: MigrationBuilder): Promise<void> {
+  pgm.sql("CREATE INDEX CONCURRENTLY IF NOT EXISTS idx_bonds_active_identity ON bonds (identity_address) WHERE status = 'active'; -- Speeds up active subscription lookups per tenant");
+}
+
+export async function down(pgm: MigrationBuilder): Promise<void> {
+  pgm.sql("DROP INDEX CONCURRENTLY IF EXISTS idx_bonds_active_identity;");
+}