diff --git a/src/lib.rs b/src/lib.rs
index 3df8b59..8fcdc8d 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -70,6 +70,9 @@ struct Channel<T> {
     /// Stream operations while the channel is empty and not closed.
     stream_ops: Event,
 
+    /// Closed operations while the channel is not closed.
+    closed_ops: Event,
+
     /// The number of currently active `Sender`s.
     sender_count: AtomicUsize,
 
@@ -89,6 +92,7 @@ impl<T> Channel<T> {
             // Notify all receive and stream operations.
             self.recv_ops.notify(usize::MAX);
             self.stream_ops.notify(usize::MAX);
+            self.closed_ops.notify(usize::MAX);
 
             true
         } else {
@@ -128,6 +132,7 @@ pub fn bounded<T>(cap: usize) -> (Sender<T>, Receiver<T>) {
         send_ops: Event::new(),
         recv_ops: Event::new(),
         stream_ops: Event::new(),
+        closed_ops: Event::new(),
         sender_count: AtomicUsize::new(1),
         receiver_count: AtomicUsize::new(1),
     });
@@ -169,6 +174,7 @@ pub fn unbounded<T>() -> (Sender<T>, Receiver<T>) {
         send_ops: Event::new(),
         recv_ops: Event::new(),
         stream_ops: Event::new(),
+        closed_ops: Event::new(),
         sender_count: AtomicUsize::new(1),
         receiver_count: AtomicUsize::new(1),
     });
@@ -258,6 +264,29 @@ impl<T> Sender<T> {
         })
     }
 
+    /// Completes when all receiver have dropped.
+    ///
+    /// This allows the producers to get notified when interest in the produced values is canceled and immediately stop doing work.
+    ///
+    /// # Examples
+    ///
+    /// ```
+    /// # futures_lite::future::block_on(async {
+    /// use async_channel::{unbounded, SendError};
+    ///
+    /// let (s, r) = unbounded::<i32>();
+    /// drop(r);
+    /// s.closed().await;
+    /// # });
+    /// ```
+    pub fn closed(&self) -> Closed<'_, T> {
+        Closed::_new(ClosedInner {
+            sender: self,
+            listener: None,
+            _pin: PhantomPinned,
+        })
+    }
+
     /// Sends a message into this channel using the blocking strategy.
     ///
     /// If the channel is full, this method will block until there is room.
@@ -1280,6 +1309,54 @@ impl<'a, T> EventListenerFuture for RecvInner<'a, T> {
     }
 }
 
+easy_wrapper! {
+    /// A future returned by [`Receiver::recv()`].
+    #[derive(Debug)]
+    #[must_use = "futures do nothing unless you `.await` or poll them"]
+    pub struct Closed<'a, T>(ClosedInner<'a, T> => ());
+    #[cfg(all(feature = "std", not(target_family = "wasm")))]
+    pub(crate) wait();
+}
+
+pin_project! {
+    #[derive(Debug)]
+    #[project(!Unpin)]
+    struct ClosedInner<'a, T> {
+        // Reference to the sender.
+        sender: &'a Sender<T>,
+
+        // Listener waiting on the channel.
+        listener: Option<EventListener>,
+
+        // Keeping this type `!Unpin` enables future optimizations.
+        #[pin]
+        _pin: PhantomPinned
+    }
+}
+
+impl<'a, T> EventListenerFuture for ClosedInner<'a, T> {
+    type Output = ();
+
+    /// Run this future with the given `Strategy`.
+    fn poll_with_strategy<'x, S: Strategy<'x>>(
+        self: Pin<&mut Self>,
+        strategy: &mut S,
+        cx: &mut S::Context,
+    ) -> Poll<()> {
+        let this = self.project();
+
+        // Check if the channel is closed.
+        if !this.sender.is_closed() {
+            // Channel is not closed yet - now start listening for notifications.
+            *this.listener = Some(this.sender.channel.closed_ops.listen());
+
+            // Poll using the given strategy
+            ready!(S::poll(strategy, &mut *this.listener, cx));
+        }
+        Poll::Ready(())
+    }
+}
+
 #[cfg(feature = "std")]
 use std::process::abort;
 
diff --git a/tests/bounded.rs b/tests/bounded.rs
index 460cb55..25b01f0 100644
--- a/tests/bounded.rs
+++ b/tests/bounded.rs
@@ -184,6 +184,29 @@ fn send() {
         .run();
 }
 
+#[cfg(not(target_family = "wasm"))]
+#[test]
+fn closed() {
+    let (s, r) = bounded(1);
+
+    Parallel::new()
+        .add(|| {
+            future::block_on(s.send(7)).unwrap();
+            let before = s.closed();
+            let mut before = std::pin::pin!(before);
+            assert!(future::block_on(future::poll_once(&mut before)).is_none());
+            sleep(ms(1000));
+            assert_eq!(future::block_on(future::poll_once(before)), Some(()));
+            assert_eq!(future::block_on(future::poll_once(s.closed())), Some(()));
+        })
+        .add(|| {
+            assert_eq!(future::block_on(r.recv()), Ok(7));
+            sleep(ms(500));
+            drop(r);
+        })
+        .run();
+}
+
 #[cfg(not(target_family = "wasm"))]
 #[test]
 fn force_send() {