diff --git a/py/src/braintrust/integrations/dspy/test_dspy.py b/py/src/braintrust/integrations/dspy/test_dspy.py
index f6a0f1da..3e5a44b6 100644
--- a/py/src/braintrust/integrations/dspy/test_dspy.py
+++ b/py/src/braintrust/integrations/dspy/test_dspy.py
@@ -38,28 +38,73 @@ def test_dspy_callback(memory_logger):
 
     # Check logged spans
     spans = memory_logger.pop()
-    assert len(spans) >= 2  # Should have module span and LM span
+    assert len(spans) >= 4  # Should have module, adapter format, LM, and adapter parse spans
 
-    # Find LM span by checking span_attributes
-    lm_spans = [s for s in spans if s.get("span_attributes", {}).get("name") == "dspy.lm"]
-    assert len(lm_spans) >= 1
+    spans_by_name = {span["span_attributes"]["name"]: span for span in spans}
 
-    lm_span = lm_spans[0]
-    # Verify metadata
+    lm_span = spans_by_name["dspy.lm"]
     assert "metadata" in lm_span
     assert "model" in lm_span["metadata"]
     assert MODEL in lm_span["metadata"]["model"]
-
-    # Verify input/output
     assert "input" in lm_span
     assert "output" in lm_span
 
-    # Find module span
-    module_spans = [s for s in spans if "module" in s.get("span_attributes", {}).get("name", "")]
-    assert len(module_spans) >= 1
+    format_span = spans_by_name["dspy.adapter.format"]
+    parse_span = spans_by_name["dspy.adapter.parse"]
+
+    assert format_span["metadata"]["adapter_class"].endswith("ChatAdapter")
+    assert "signature" in format_span["input"]
+    assert "demos" in format_span["input"]
+    assert "inputs" in format_span["input"]
+    assert isinstance(format_span["output"], list)
+
+    assert parse_span["metadata"]["adapter_class"].endswith("ChatAdapter")
+    assert "signature" in parse_span["input"]
+    assert "completion" in parse_span["input"]
+    assert isinstance(parse_span["output"], dict)
+
+    # Verify spans are nested under the broader DSPy execution
+    span_ids = {span["span_id"] for span in spans}
+    assert lm_span.get("span_parents")
+    assert format_span.get("span_parents")
+    assert parse_span.get("span_parents")
+    assert format_span["span_parents"][0] in span_ids
+    assert lm_span["span_parents"][0] in span_ids
+    assert parse_span["span_parents"][0] in span_ids
+
+
+def test_dspy_adapter_callbacks(memory_logger):
+    """Adapter format/parse callbacks should log spans without an LM call."""
+    assert not memory_logger.pop()
+
+    dspy.configure(callbacks=[BraintrustDSpyCallback()])
+
+    signature = dspy.make_signature("question -> answer")
+    adapter = dspy.ChatAdapter()
+    formatted = adapter.format(
+        signature,
+        demos=[{"question": "1+1", "answer": "2"}],
+        inputs={"question": "2+2"},
+    )
+    parsed = adapter.parse(signature, "[[ ## answer ## ]]\n4")
+
+    assert formatted
+    assert parsed == {"answer": "4"}
+
+    spans = memory_logger.pop()
+    assert len(spans) == 2
+
+    spans_by_name = {span["span_attributes"]["name"]: span for span in spans}
+    format_span = spans_by_name["dspy.adapter.format"]
+    parse_span = spans_by_name["dspy.adapter.parse"]
+
+    assert format_span["metadata"]["adapter_class"].endswith("ChatAdapter")
+    assert format_span["input"]["inputs"] == {"question": "2+2"}
+    assert format_span["output"] == formatted
 
-    # Verify span parenting (LM span should have parent)
-    assert lm_span.get("span_parents")  # LM span should have parent
+    assert parse_span["metadata"]["adapter_class"].endswith("ChatAdapter")
+    assert parse_span["input"]["completion"] == "[[ ## answer ## ]]\n4"
+    assert parse_span["output"] == parsed
 
 
 class TestPatchDSPy:
diff --git a/py/src/braintrust/integrations/dspy/tracing.py b/py/src/braintrust/integrations/dspy/tracing.py
index e771edb9..dbd376f7 100644
--- a/py/src/braintrust/integrations/dspy/tracing.py
+++ b/py/src/braintrust/integrations/dspy/tracing.py
@@ -68,6 +68,7 @@ class BraintrustDSpyCallback(BaseCallback):
 
     The callback creates Braintrust spans for:
     - DSPy module executions (Predict, ChainOfThought, ReAct, etc.)
+    - Adapter formatting and parsing steps
     - LLM calls with latency metrics
     - Tool calls
     - Evaluation runs
@@ -121,19 +122,13 @@ def on_lm_start(
         span.set_current()
         self._spans[call_id] = span
 
-    def on_lm_end(
+    def _end_span(
         self,
         call_id: str,
-        outputs: dict[str, Any] | None,
+        outputs: Any | None,
         exception: Exception | None = None,
     ):
-        """Log the end of a language model call.
-
-        Args:
-            call_id: Unique identifier for this call
-            outputs: Output from the LM, or None if there was an exception
-            exception: Exception raised during execution, if any
-        """
+        """Pop span by call_id, log outputs/exception, and end it."""
         span = self._spans.pop(call_id, None)
         if not span:
             return
@@ -151,6 +146,21 @@ def on_lm_end(
             span.unset_current()
             span.end()
 
+    def on_lm_end(
+        self,
+        call_id: str,
+        outputs: dict[str, Any] | None,
+        exception: Exception | None = None,
+    ):
+        """Log the end of a language model call.
+
+        Args:
+            call_id: Unique identifier for this call
+            outputs: Output from the LM, or None if there was an exception
+            exception: Exception raised during execution, if any
+        """
+        self._end_span(call_id, outputs, exception)
+
     def on_module_start(
         self,
         call_id: str,
@@ -193,28 +203,95 @@ def on_module_end(
             outputs: Output from the module, or None if there was an exception
             exception: Exception raised during execution, if any
         """
-        span = self._spans.pop(call_id, None)
-        if not span:
-            return
+        if outputs is not None:
+            if hasattr(outputs, "toDict"):
+                outputs = outputs.toDict()
+            elif hasattr(outputs, "__dict__"):
+                outputs = outputs.__dict__
+        self._end_span(call_id, outputs, exception)
+
+    def _start_adapter_span(
+        self,
+        call_id: str,
+        instance: Any,
+        inputs: dict[str, Any],
+        span_name: str,
+    ):
+        """Create and store a span for an adapter format/parse call."""
+        cls = instance.__class__
+        metadata = {"adapter_class": f"{cls.__module__}.{cls.__name__}"}
 
-        try:
-            log_data = {}
-            if exception:
-                log_data["error"] = exception
-            if outputs is not None:
-                if hasattr(outputs, "toDict"):
-                    output_dict = outputs.toDict()
-                elif hasattr(outputs, "__dict__"):
-                    output_dict = outputs.__dict__
-                else:
-                    output_dict = outputs
-                log_data["output"] = output_dict
+        parent = current_span()
+        parent_export = parent.export() if parent else None
 
-            if log_data:
-                span.log(**log_data)
-        finally:
-            span.unset_current()
-            span.end()
+        span = start_span(
+            name=span_name,
+            input=inputs,
+            metadata=metadata,
+            parent=parent_export,
+        )
+        span.set_current()
+        self._spans[call_id] = span
+
+    def on_adapter_format_start(
+        self,
+        call_id: str,
+        instance: Any,
+        inputs: dict[str, Any],
+    ):
+        """Log the start of an adapter format call.
+
+        Args:
+            call_id: Unique identifier for this call
+            instance: The Adapter instance being called
+            inputs: Input parameters to the adapter's format() method
+        """
+        self._start_adapter_span(call_id, instance, inputs, "dspy.adapter.format")
+
+    def on_adapter_format_end(
+        self,
+        call_id: str,
+        outputs: list[dict[str, Any]] | None,
+        exception: Exception | None = None,
+    ):
+        """Log the end of an adapter format call.
+
+        Args:
+            call_id: Unique identifier for this call
+            outputs: Output from the adapter's format() method, or None if there was an exception
+            exception: Exception raised during execution, if any
+        """
+        self._end_span(call_id, outputs, exception)
+
+    def on_adapter_parse_start(
+        self,
+        call_id: str,
+        instance: Any,
+        inputs: dict[str, Any],
+    ):
+        """Log the start of an adapter parse call.
+
+        Args:
+            call_id: Unique identifier for this call
+            instance: The Adapter instance being called
+            inputs: Input parameters to the adapter's parse() method
+        """
+        self._start_adapter_span(call_id, instance, inputs, "dspy.adapter.parse")
+
+    def on_adapter_parse_end(
+        self,
+        call_id: str,
+        outputs: dict[str, Any] | None,
+        exception: Exception | None = None,
+    ):
+        """Log the end of an adapter parse call.
+
+        Args:
+            call_id: Unique identifier for this call
+            outputs: Output from the adapter's parse() method, or None if there was an exception
+            exception: Exception raised during execution, if any
+        """
+        self._end_span(call_id, outputs, exception)
 
     def on_tool_start(
         self,
@@ -262,22 +339,7 @@ def on_tool_end(
             outputs: Output from the tool, or None if there was an exception
             exception: Exception raised during execution, if any
         """
-        span = self._spans.pop(call_id, None)
-        if not span:
-            return
-
-        try:
-            log_data = {}
-            if exception:
-                log_data["error"] = exception
-            if outputs is not None:
-                log_data["output"] = outputs
-
-            if log_data:
-                span.log(**log_data)
-        finally:
-            span.unset_current()
-            span.end()
+        self._end_span(call_id, outputs, exception)
 
     def on_evaluate_start(
         self,