diff --git a/cache/cache.go b/cache/cache.go
index 78c8ea966..2a3091439 100644
--- a/cache/cache.go
+++ b/cache/cache.go
@@ -13,6 +13,11 @@ import (
 	"github.com/prometheus/client_golang/prometheus"
 )
 
+var (
+	ErrNotStored  = errors.New("item not stored")
+	ErrInvalidTTL = errors.New("invalid TTL")
+)
+
 // Cache is a high level interface to interact with a cache.
 type Cache interface {
 	// GetMulti fetches multiple keys at once from a cache. In case of error,
@@ -28,6 +33,14 @@ type Cache interface {
 	// any underlying async operations fail, the errors will be tracked/logged.
 	SetMultiAsync(data map[string][]byte, ttl time.Duration)
 
+	// Set stores a key and value into a cache.
+	Set(ctx context.Context, key string, value []byte, ttl time.Duration) error
+
+	// Add stores a key and value into a cache only if it does not already exist. If the
+	// item was not stored because an entry already exists in the cache, ErrNotStored will
+	// be returned.
+	Add(ctx context.Context, key string, value []byte, ttl time.Duration) error
+
 	// Delete deletes a key from a cache. This is a synchronous operation. If an asynchronous
 	// set operation for key is still pending to be processed, it will wait for it to complete
 	// before performing deletion.
diff --git a/cache/client.go b/cache/client.go
index 033d2add6..1d3c87c56 100644
--- a/cache/client.go
+++ b/cache/client.go
@@ -17,6 +17,7 @@ import (
 // Common functionality shared between the Memcached and Redis Cache implementations
 
 const (
+	opAdd            = "add"
 	opSet            = "set"
 	opGetMulti       = "getmulti"
 	opDelete         = "delete"
@@ -29,6 +30,8 @@ const (
 	reasonMaxItemSize     = "max-item-size"
 	reasonAsyncBufferFull = "async-buffer-full"
 	reasonMalformedKey    = "malformed-key"
+	reasonInvalidTTL      = "invalid-ttl"
+	reasonNotStored       = "not-stored"
 	reasonConnectTimeout  = "connect-timeout"
 	reasonTimeout         = "request-timeout"
 	reasonServerError     = "server-error"
@@ -85,10 +88,12 @@ func newClientMetrics(reg prometheus.Registerer) *clientMetrics {
 		Name: "operation_failures_total",
 		Help: "Total number of operations against cache that failed.",
 	}, []string{"operation", "reason"})
-	for _, op := range []string{opGetMulti, opSet, opDelete, opIncrement, opFlush, opTouch, opCompareAndSwap} {
+	for _, op := range []string{opGetMulti, opAdd, opSet, opDelete, opIncrement, opFlush, opTouch, opCompareAndSwap} {
 		cm.failures.WithLabelValues(op, reasonConnectTimeout)
 		cm.failures.WithLabelValues(op, reasonTimeout)
 		cm.failures.WithLabelValues(op, reasonMalformedKey)
+		cm.failures.WithLabelValues(op, reasonInvalidTTL)
+		cm.failures.WithLabelValues(op, reasonNotStored)
 		cm.failures.WithLabelValues(op, reasonServerError)
 		cm.failures.WithLabelValues(op, reasonNetworkError)
 		cm.failures.WithLabelValues(op, reasonOther)
@@ -99,6 +104,7 @@ func newClientMetrics(reg prometheus.Registerer) *clientMetrics {
 		Help: "Total number of operations against cache that have been skipped.",
 	}, []string{"operation", "reason"})
 	cm.skipped.WithLabelValues(opGetMulti, reasonMaxItemSize)
+	cm.skipped.WithLabelValues(opAdd, reasonMaxItemSize)
 	cm.skipped.WithLabelValues(opSet, reasonMaxItemSize)
 	cm.skipped.WithLabelValues(opSet, reasonAsyncBufferFull)
 
@@ -112,6 +118,7 @@ func newClientMetrics(reg prometheus.Registerer) *clientMetrics {
 		NativeHistogramMinResetDuration: time.Hour,
 	}, []string{"operation"})
 	cm.duration.WithLabelValues(opGetMulti)
+	cm.duration.WithLabelValues(opAdd)
 	cm.duration.WithLabelValues(opSet)
 	cm.duration.WithLabelValues(opDelete)
 	cm.duration.WithLabelValues(opIncrement)
@@ -129,6 +136,7 @@ func newClientMetrics(reg prometheus.Registerer) *clientMetrics {
 		[]string{"operation"},
 	)
 	cm.dataSize.WithLabelValues(opGetMulti)
+	cm.dataSize.WithLabelValues(opAdd)
 	cm.dataSize.WithLabelValues(opSet)
 	cm.dataSize.WithLabelValues(opCompareAndSwap)
 
@@ -172,22 +180,12 @@ func (c *baseClient) setAsync(key string, value []byte, ttl time.Duration, f fun
 	}
 
 	err := c.asyncQueue.submit(func() {
-		start := time.Now()
-		c.metrics.operations.WithLabelValues(opSet).Inc()
-
-		err := f(key, value, ttl)
-		if err != nil {
-			level.Debug(c.logger).Log(
-				"msg", "failed to store item to cache",
-				"key", key,
-				"sizeBytes", len(value),
-				"err", err,
-			)
-			c.trackError(opSet, err)
-		}
-
-		c.metrics.dataSize.WithLabelValues(opSet).Observe(float64(len(value)))
-		c.metrics.duration.WithLabelValues(opSet).Observe(time.Since(start).Seconds())
+		// Because this operation is executed in a separate goroutine: We run the operation without
+		// a context (it is expected to keep running no matter what happens) and we don't return the
+		// error (it will be tracked via metrics instead of being returned to the caller).
+		_ = c.storeOperation(context.Background(), key, value, ttl, opSet, func(_ context.Context, key string, value []byte, ttl time.Duration) error {
+			return f(key, value, ttl)
+		})
 	})
 
 	if err != nil {
@@ -196,6 +194,32 @@ func (c *baseClient) setAsync(key string, value []byte, ttl time.Duration, f fun
 	}
 }
 
+func (c *baseClient) storeOperation(ctx context.Context, key string, value []byte, ttl time.Duration, operation string, f func(ctx context.Context, key string, value []byte, ttl time.Duration) error) error {
+	if c.maxItemSize > 0 && uint64(len(value)) > c.maxItemSize {
+		c.metrics.skipped.WithLabelValues(operation, reasonMaxItemSize).Inc()
+		return nil
+	}
+
+	start := time.Now()
+	c.metrics.operations.WithLabelValues(operation).Inc()
+
+	err := f(ctx, key, value, ttl)
+	if err != nil {
+		level.Debug(c.logger).Log(
+			"msg", "failed to store item to cache",
+			"operation", operation,
+			"key", key,
+			"sizeBytes", len(value),
+			"err", err,
+		)
+		c.trackError(operation, err)
+	}
+
+	c.metrics.dataSize.WithLabelValues(operation).Observe(float64(len(value)))
+	c.metrics.duration.WithLabelValues(operation).Observe(time.Since(start).Seconds())
+	return err
+}
+
 // wait submits an async task and blocks until it completes. This can be used during
 // tests to ensure that async "sets" have completed before attempting to read them.
 func (c *baseClient) wait() error {
@@ -255,6 +279,10 @@ func (c *baseClient) trackError(op string, err error) {
 		} else {
 			c.metrics.failures.WithLabelValues(op, reasonNetworkError).Inc()
 		}
+	case errors.Is(err, ErrNotStored):
+		c.metrics.failures.WithLabelValues(op, reasonNotStored).Inc()
+	case errors.Is(err, ErrInvalidTTL):
+		c.metrics.failures.WithLabelValues(op, reasonInvalidTTL).Inc()
 	case errors.Is(err, memcache.ErrMalformedKey):
 		c.metrics.failures.WithLabelValues(op, reasonMalformedKey).Inc()
 	case errors.Is(err, memcache.ErrServerError):
diff --git a/cache/compression.go b/cache/compression.go
index 4146d2597..460ac5849 100644
--- a/cache/compression.go
+++ b/cache/compression.go
@@ -85,6 +85,14 @@ func (s *SnappyCache) SetMultiAsync(data map[string][]byte, ttl time.Duration) {
 	s.next.SetMultiAsync(encoded, ttl)
 }
 
+func (s *SnappyCache) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return s.next.Set(ctx, key, snappy.Encode(nil, value), ttl)
+}
+
+func (s *SnappyCache) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return s.next.Add(ctx, key, snappy.Encode(nil, value), ttl)
+}
+
 // GetMulti implements Cache.
 func (s *SnappyCache) GetMulti(ctx context.Context, keys []string, opts ...Option) map[string][]byte {
 	found := s.next.GetMulti(ctx, keys, opts...)
diff --git a/cache/lru.go b/cache/lru.go
index b75e5a4e2..c0b7a032f 100644
--- a/cache/lru.go
+++ b/cache/lru.go
@@ -103,6 +103,41 @@ func (l *LRUCache) SetMultiAsync(data map[string][]byte, ttl time.Duration) {
 	}
 }
 
+func (l *LRUCache) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	err := l.c.Set(ctx, key, value, ttl)
+
+	l.mtx.Lock()
+	defer l.mtx.Unlock()
+
+	expires := time.Now().Add(ttl)
+	l.lru.Add(key, &Item{
+		Data:      value,
+		ExpiresAt: expires,
+	})
+
+	return err
+}
+
+func (l *LRUCache) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	err := l.c.Add(ctx, key, value, ttl)
+
+	// When a caller uses the Add method, the presence of absence of an entry in the cache
+	// has significance. In order to maintain the semantics of that, we only add an entry to
+	// the LRU when it was able to be successfully added to the shared cache.
+	if err == nil {
+		l.mtx.Lock()
+		defer l.mtx.Unlock()
+
+		expires := time.Now().Add(ttl)
+		l.lru.Add(key, &Item{
+			Data:      value,
+			ExpiresAt: expires,
+		})
+	}
+
+	return err
+}
+
 func (l *LRUCache) GetMulti(ctx context.Context, keys []string, opts ...Option) (result map[string][]byte) {
 	l.requests.Add(float64(len(keys)))
 	l.mtx.Lock()
diff --git a/cache/memcached_client.go b/cache/memcached_client.go
index a22f80354..0c4e9e6c5 100644
--- a/cache/memcached_client.go
+++ b/cache/memcached_client.go
@@ -28,6 +28,7 @@ import (
 
 const (
 	dnsProviderUpdateInterval = 30 * time.Second
+	maxTTL                    = 30 * 24 * time.Hour
 )
 
 var (
@@ -43,6 +44,7 @@ var (
 type memcachedClientBackend interface {
 	GetMulti(keys []string, opts ...memcache.Option) (map[string]*memcache.Item, error)
 	Set(item *memcache.Item) error
+	Add(item *memcache.Item) error
 	Delete(key string) error
 	Decrement(key string, delta uint64) (uint64, error)
 	Increment(key string, delta uint64) (uint64, error)
@@ -322,14 +324,47 @@ func (c *MemcachedClient) SetAsync(key string, value []byte, ttl time.Duration)
 	c.setAsync(key, value, ttl, c.setSingleItem)
 }
 
+func (c *MemcachedClient) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return c.storeOperation(ctx, key, value, ttl, opSet, func(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+		select {
+		case <-ctx.Done():
+			return ctx.Err()
+		default:
+			return c.setSingleItem(key, value, ttl)
+		}
+	})
+}
+
+func (c *MemcachedClient) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return c.storeOperation(ctx, key, value, ttl, opAdd, func(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+		select {
+		case <-ctx.Done():
+			return ctx.Err()
+		default:
+			ttlSeconds, ok := toSeconds(ttl)
+			if !ok {
+				return fmt.Errorf("%w: for set operation on %s %s", ErrInvalidTTL, key, ttl)
+			}
+
+			err := c.client.Add(&memcache.Item{
+				Key:        key,
+				Value:      value,
+				Expiration: ttlSeconds,
+			})
+
+			if errors.Is(err, memcache.ErrNotStored) {
+				return fmt.Errorf("%w: for add operation on %s", ErrNotStored, key)
+			}
+
+			return err
+		}
+	})
+}
+
 func (c *MemcachedClient) setSingleItem(key string, value []byte, ttl time.Duration) error {
-	ttlSeconds := int32(ttl.Seconds())
-	// If a TTL of exactly 0 is passed, we honor it and pass it to Memcached which will
-	// interpret it as an infinite TTL. However, if we get a non-zero TTL that is truncated
-	// to 0 seconds, we discard the update since the caller didn't intend to set an infinite
-	// TTL.
-	if ttl != 0 && ttlSeconds <= 0 {
-		return nil
+	ttlSeconds, ok := toSeconds(ttl)
+	if !ok {
+		return fmt.Errorf("%w: for set operation on %s %s", ErrInvalidTTL, key, ttl)
 	}
 
 	return c.client.Set(&memcache.Item{
@@ -339,6 +374,20 @@ func (c *MemcachedClient) setSingleItem(key string, value []byte, ttl time.Durat
 	})
 }
 
+// TODO: Docs
+func toSeconds(d time.Duration) (int32, bool) {
+	if d > maxTTL {
+		return 0, false
+	}
+
+	secs := int32(d.Seconds())
+	if d != 0 && secs <= 0 {
+		return 0, false
+	}
+
+	return secs, true
+}
+
 func toMemcacheOptions(opts ...Option) []memcache.Option {
 	if len(opts) == 0 {
 		return nil
diff --git a/cache/memcached_client_test.go b/cache/memcached_client_test.go
index 9b71cec1d..98dc3386f 100644
--- a/cache/memcached_client_test.go
+++ b/cache/memcached_client_test.go
@@ -96,6 +96,60 @@ func TestMemcachedClient_SetAsync(t *testing.T) {
 	})
 }
 
+func TestMemcachedClient_Set(t *testing.T) {
+	t.Run("with non-zero TTL", func(t *testing.T) {
+		ctx := context.Background()
+		client, _, err := setupDefaultMemcachedClient()
+		require.NoError(t, err)
+		require.NoError(t, client.Set(ctx, "foo", []byte("bar"), time.Minute))
+
+		res := client.GetMulti(ctx, []string{"foo"})
+		require.Equal(t, map[string][]byte{"foo": []byte("bar")}, res)
+	})
+
+	t.Run("with truncated TTL", func(t *testing.T) {
+		ctx := context.Background()
+		client, _, err := setupDefaultMemcachedClient()
+		require.NoError(t, err)
+		err = client.Set(ctx, "foo", []byte("bar"), 100*time.Millisecond)
+		require.ErrorIs(t, err, ErrInvalidTTL)
+	})
+
+	t.Run("with zero TTL", func(t *testing.T) {
+		ctx := context.Background()
+		client, _, err := setupDefaultMemcachedClient()
+		require.NoError(t, err)
+		require.NoError(t, client.Set(ctx, "foo", []byte("bar"), 0))
+
+		res := client.GetMulti(ctx, []string{"foo"})
+		require.Equal(t, map[string][]byte{"foo": []byte("bar")}, res)
+	})
+}
+
+func TestMemcachedClient_Add(t *testing.T) {
+	t.Run("item does not exist", func(t *testing.T) {
+		ctx := context.Background()
+		client, _, err := setupDefaultMemcachedClient()
+		require.NoError(t, err)
+		require.NoError(t, client.Add(ctx, "foo", []byte("bar"), time.Minute))
+	})
+
+	t.Run("item already exists", func(t *testing.T) {
+		ctx := context.Background()
+		client, mock, err := setupDefaultMemcachedClient()
+		require.NoError(t, err)
+
+		require.NoError(t, mock.Set(&memcache.Item{
+			Key:        "foo",
+			Value:      []byte("baz"),
+			Expiration: 60,
+		}))
+
+		err = client.Add(ctx, "foo", []byte("bar"), time.Minute)
+		require.ErrorIs(t, err, ErrNotStored)
+	})
+}
+
 func TestMemcachedClient_GetMulti(t *testing.T) {
 	t.Run("no allocator", func(t *testing.T) {
 		client, backend, err := setupDefaultMemcachedClient()
@@ -334,6 +388,15 @@ func (m *mockMemcachedClientBackend) Set(item *memcache.Item) error {
 	return nil
 }
 
+func (m *mockMemcachedClientBackend) Add(item *memcache.Item) error {
+	if _, ok := m.values[item.Key]; ok {
+		return memcache.ErrNotStored
+	}
+
+	m.values[item.Key] = item
+	return nil
+}
+
 func (m *mockMemcachedClientBackend) Delete(key string) error {
 	delete(m.values, key)
 	return nil
diff --git a/cache/mock.go b/cache/mock.go
index b06123272..f2d84fa12 100644
--- a/cache/mock.go
+++ b/cache/mock.go
@@ -43,6 +43,14 @@ func (m *MockCache) SetMultiAsync(data map[string][]byte, ttl time.Duration) {
 	}
 }
 
+func (m *MockCache) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return nil
+}
+
+func (m *MockCache) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return nil
+}
+
 func (m *MockCache) GetMulti(_ context.Context, keys []string, _ ...Option) map[string][]byte {
 	m.mu.Lock()
 	defer m.mu.Unlock()
@@ -121,6 +129,16 @@ func (m *InstrumentedMockCache) SetMultiAsync(data map[string][]byte, ttl time.D
 	m.cache.SetMultiAsync(data, ttl)
 }
 
+func (m *InstrumentedMockCache) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	m.storeCount.Inc()
+	return m.cache.Set(ctx, key, value, ttl)
+}
+
+func (m *InstrumentedMockCache) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	m.storeCount.Inc()
+	return m.cache.Add(ctx, key, value, ttl)
+}
+
 func (m *InstrumentedMockCache) GetMulti(ctx context.Context, keys []string, opts ...Option) map[string][]byte {
 	m.fetchCount.Inc()
 	return m.cache.GetMulti(ctx, keys, opts...)
diff --git a/cache/redis_client.go b/cache/redis_client.go
index cd9efb4c1..a0feb4e15 100644
--- a/cache/redis_client.go
+++ b/cache/redis_client.go
@@ -226,7 +226,7 @@ func NewRedisClient(logger log.Logger, name string, config RedisClientConfig, re
 	return c, nil
 }
 
-// SetMultiAsync implements RemoteCacheClient.
+// SetMultiAsync implements Cache.
 func (c *RedisClient) SetMultiAsync(data map[string][]byte, ttl time.Duration) {
 	c.setMultiAsync(data, ttl, func(key string, value []byte, ttl time.Duration) error {
 		_, err := c.client.Set(context.Background(), key, value, ttl).Result()
@@ -234,7 +234,7 @@ func (c *RedisClient) SetMultiAsync(data map[string][]byte, ttl time.Duration) {
 	})
 }
 
-// SetAsync implements RemoteCacheClient.
+// SetAsync implements Cache.
 func (c *RedisClient) SetAsync(key string, value []byte, ttl time.Duration) {
 	c.setAsync(key, value, ttl, func(key string, buf []byte, ttl time.Duration) error {
 		_, err := c.client.Set(context.Background(), key, buf, ttl).Result()
@@ -242,7 +242,30 @@ func (c *RedisClient) SetAsync(key string, value []byte, ttl time.Duration) {
 	})
 }
 
-// GetMulti implements RemoteCacheClient.
+// Set implements Cache.
+func (c *RedisClient) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return c.storeOperation(ctx, key, value, ttl, opSet, func(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+		_, err := c.client.Set(ctx, key, value, ttl).Result()
+		return err
+	})
+}
+
+// Add implements Cache.
+func (c *RedisClient) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return c.storeOperation(ctx, key, value, ttl, opAdd, func(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+		stored, err := c.client.SetNX(ctx, key, value, ttl).Result()
+		if err != nil {
+			return err
+		}
+		if !stored {
+			return fmt.Errorf("%w: for Set NX operation on %s", ErrNotStored, key)
+		}
+
+		return nil
+	})
+}
+
+// GetMulti implements Cache.
 func (c *RedisClient) GetMulti(ctx context.Context, keys []string, _ ...Option) map[string][]byte {
 	if len(keys) == 0 {
 		return nil
diff --git a/cache/redis_client_test.go b/cache/redis_client_test.go
index 344db4211..ff1c38cbe 100644
--- a/cache/redis_client_test.go
+++ b/cache/redis_client_test.go
@@ -156,7 +156,7 @@ func TestRedisClient(t *testing.T) {
 	}
 }
 
-func TestRedisClientDelete(t *testing.T) {
+func TestRedisClient_Delete(t *testing.T) {
 	s, err := miniredis.Run()
 	require.NoError(t, err)
 	defer s.Close()
diff --git a/cache/tracing.go b/cache/tracing.go
index 68f29d140..148c708f8 100644
--- a/cache/tracing.go
+++ b/cache/tracing.go
@@ -31,6 +31,14 @@ func (t *SpanlessTracingCache) SetMultiAsync(data map[string][]byte, ttl time.Du
 	t.next.SetMultiAsync(data, ttl)
 }
 
+func (t *SpanlessTracingCache) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return t.next.Set(ctx, key, value, ttl)
+}
+
+func (t *SpanlessTracingCache) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return t.next.Add(ctx, key, value, ttl)
+}
+
 func (t *SpanlessTracingCache) GetMulti(ctx context.Context, keys []string, opts ...Option) (result map[string][]byte) {
 	var (
 		bytes  int
diff --git a/cache/versioned.go b/cache/versioned.go
index 782cd8597..a4eef5170 100644
--- a/cache/versioned.go
+++ b/cache/versioned.go
@@ -36,6 +36,14 @@ func (c *Versioned) SetMultiAsync(data map[string][]byte, ttl time.Duration) {
 	c.cache.SetMultiAsync(versioned, ttl)
 }
 
+func (c *Versioned) Set(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return c.cache.Set(ctx, c.addVersion(key), value, ttl)
+}
+
+func (c *Versioned) Add(ctx context.Context, key string, value []byte, ttl time.Duration) error {
+	return c.cache.Add(ctx, c.addVersion(key), value, ttl)
+}
+
 func (c *Versioned) GetMulti(ctx context.Context, keys []string, opts ...Option) map[string][]byte {
 	versionedKeys := make([]string, len(keys))
 	for i, k := range keys {