diff --git a/test/benchmark-list.h b/test/benchmark-list.h
index ed6d1415..1e843071 100644
--- a/test/benchmark-list.h
+++ b/test/benchmark-list.h
@@ -73,6 +73,7 @@ BENCHMARK_DECLARE (async_pummel_4)
 BENCHMARK_DECLARE (async_pummel_8)
 BENCHMARK_DECLARE (spawn)
 BENCHMARK_DECLARE (thread_create)
+BENCHMARK_DECLARE (million_async)
 BENCHMARK_DECLARE (million_timers)
 HELPER_DECLARE    (tcp4_blackhole_server)
 HELPER_DECLARE    (tcp_pump_server)
@@ -157,5 +158,6 @@ TASK_LIST_START
 
   BENCHMARK_ENTRY  (spawn)
   BENCHMARK_ENTRY  (thread_create)
+  BENCHMARK_ENTRY  (million_async)
   BENCHMARK_ENTRY  (million_timers)
 TASK_LIST_END
diff --git a/test/benchmark-million-async.c b/test/benchmark-million-async.c
new file mode 100644
index 00000000..e03a7134
--- /dev/null
+++ b/test/benchmark-million-async.c
@@ -0,0 +1,112 @@
+/* Copyright Joyent, Inc. and other Node contributors. All rights reserved.
+ *
+ * Permission is hereby granted, free of charge, to any person obtaining a copy
+ * of this software and associated documentation files (the "Software"), to
+ * deal in the Software without restriction, including without limitation the
+ * rights to use, copy, modify, merge, publish, distribute, sublicense, and/or
+ * sell copies of the Software, and to permit persons to whom the Software is
+ * furnished to do so, subject to the following conditions:
+ *
+ * The above copyright notice and this permission notice shall be included in
+ * all copies or substantial portions of the Software.
+ *
+ * THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+ * IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
+ * FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
+ * AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
+ * LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING
+ * FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS
+ * IN THE SOFTWARE.
+ */
+
+#include "task.h"
+#include "uv.h"
+
+struct async_container {
+  unsigned async_events;
+  unsigned handles_seen;
+  uv_async_t async_handles[1024 * 1024];
+};
+
+static volatile int done;
+static uv_thread_t thread_id;
+static struct async_container* container;
+
+
+static unsigned fastrand(void) {
+  static unsigned g = 0;
+  g = g * 214013 + 2531011;
+  return g;
+}
+
+
+static void thread_cb(void* arg) {
+  unsigned i;
+
+  while (done == 0) {
+    i = fastrand() % ARRAY_SIZE(container->async_handles);
+    uv_async_send(container->async_handles + i);
+  }
+}
+
+
+static void async_cb(uv_async_t* handle, int status) {
+  container->async_events++;
+  handle->data = handle;
+}
+
+
+static void timer_cb(uv_timer_t* handle, int status) {
+  unsigned i;
+
+  done = 1;
+  ASSERT(0 == uv_thread_join(&thread_id));
+
+  for (i = 0; i < ARRAY_SIZE(container->async_handles); i++) {
+    uv_async_t* handle = container->async_handles + i;
+
+    if (handle->data != NULL)
+      container->handles_seen++;
+
+    uv_close((uv_handle_t*) handle, NULL);
+  }
+
+  uv_close((uv_handle_t*) handle, NULL);
+}
+
+
+BENCHMARK_IMPL(million_async) {
+  uv_timer_t timer_handle;
+  uv_async_t* handle;
+  uv_loop_t* loop;
+  int timeout;
+  unsigned i;
+
+  loop = uv_default_loop();
+  timeout = 5000;
+
+  container = malloc(sizeof(*container));
+  ASSERT(container != NULL);
+  container->async_events = 0;
+  container->handles_seen = 0;
+
+  for (i = 0; i < ARRAY_SIZE(container->async_handles); i++) {
+    handle = container->async_handles + i;
+    ASSERT(0 == uv_async_init(loop, handle, async_cb));
+    handle->data = NULL;
+  }
+
+  ASSERT(0 == uv_timer_init(loop, &timer_handle));
+  ASSERT(0 == uv_timer_start(&timer_handle, timer_cb, timeout, 0));
+  ASSERT(0 == uv_thread_create(&thread_id, thread_cb, NULL));
+  ASSERT(0 == uv_run(loop));
+  printf("%s async events in %.1f seconds (%s/s, %s unique handles seen)\n",
+          fmt(container->async_events),
+          timeout / 1000.,
+          fmt(container->async_events / (timeout / 1000.)),
+          fmt(container->handles_seen));
+  free(container);
+
+  MAKE_VALGRIND_HAPPY();
+  return 0;
+}
diff --git a/uv.gyp b/uv.gyp
index 5fdccdb7..3e0b2296 100644
--- a/uv.gyp
+++ b/uv.gyp
@@ -369,6 +369,7 @@
         'test/benchmark-getaddrinfo.c',
         'test/benchmark-list.h',
         'test/benchmark-loop-count.c',
+        'test/benchmark-million-async.c',
         'test/benchmark-million-timers.c',
         'test/benchmark-multi-accept.c',
         'test/benchmark-ping-pongs.c',