diff --git a/.gitignore b/.gitignore
index 256f2f8..3e49fef 100644
--- a/.gitignore
+++ b/.gitignore
@@ -110,5 +110,9 @@ gradle-app.setting
 
 # Cache of project
 .gradletasknamecache
+
+.classpath
+.project
+.settings
 .kotlin
 kotlin-js-store/
diff --git a/build.gradle.kts b/build.gradle.kts
index 8be6e3e..baf2766 100644
--- a/build.gradle.kts
+++ b/build.gradle.kts
@@ -1,6 +1,7 @@
 plugins {
     kotlin("multiplatform") version Dependencies.Versions.kotlin apply false
     kotlin("plugin.serialization") version Dependencies.Versions.kotlin apply false
+    id("org.jetbrains.kotlinx.benchmark") version Dependencies.Versions.benchmark apply false
 }
 
 repositories {
diff --git a/buildSrc/src/main/kotlin/Dependencies.kt b/buildSrc/src/main/kotlin/Dependencies.kt
index b3c8cdb..822876a 100644
--- a/buildSrc/src/main/kotlin/Dependencies.kt
+++ b/buildSrc/src/main/kotlin/Dependencies.kt
@@ -1,9 +1,10 @@
 object Dependencies {
     object Versions {
-        const val kotlin = "2.0.20"
+        const val kotlin = "2.1.0"
         const val serialization = "1.7.3"
         const val datetime = "0.6.1"
-        const val ktlintGradle = "12.1.1"
-        const val dokkaGradle = "1.9.20"
+        const val ktlintGradle = "12.1.2"
+        const val dokkaGradle = "2.0.0"
+        const val benchmark = "0.4.13"
     }
 }
diff --git a/gradle/wrapper/gradle-wrapper.properties b/gradle/wrapper/gradle-wrapper.properties
index d642e7f..81aa1c0 100644
--- a/gradle/wrapper/gradle-wrapper.properties
+++ b/gradle/wrapper/gradle-wrapper.properties
@@ -1,5 +1,5 @@
 distributionBase=GRADLE_USER_HOME
 distributionPath=wrapper/dists
-distributionUrl=https\://services.gradle.org/distributions/gradle-8.10.1-bin.zip
+distributionUrl=https\://services.gradle.org/distributions/gradle-8.11.1-bin.zip
 zipStoreBase=GRADLE_USER_HOME
 zipStorePath=wrapper/dists
diff --git a/serialization-msgpack-timestamp-extension/build.gradle.kts b/serialization-msgpack-timestamp-extension/build.gradle.kts
index f520b0f..5f6bb76 100644
--- a/serialization-msgpack-timestamp-extension/build.gradle.kts
+++ b/serialization-msgpack-timestamp-extension/build.gradle.kts
@@ -4,10 +4,16 @@ plugins {
     id("maven-publish")
     id("signing")
     id("org.jetbrains.dokka")
+    id("org.jetbrains.kotlinx.benchmark")
 }
 
 kotlin {
-    jvm()
+    applyDefaultHierarchyTemplate()
+    jvm {
+        compilations.create("benchmark") {
+            associateWith(this@jvm.compilations.getByName("main"))
+        }
+    }
     js {
         browser {
             testTask {
@@ -17,10 +23,9 @@ kotlin {
             }
         }
     }
-    applyDefaultHierarchyTemplate()
-    jvm()
     iosX64()
     iosArm64()
+    iosX64()
     iosSimulatorArm64()
     tvosX64()
     tvosArm64()
@@ -61,6 +66,11 @@ kotlin {
                 implementation(kotlin("test-junit"))
             }
         }
+        val jvmBenchmark by getting {
+            dependencies {
+                implementation(kotlinx("benchmark-runtime", Dependencies.Versions.benchmark))
+            }
+        }
         jsTest {
             dependencies {
                 implementation(kotlin("test-js"))
@@ -68,3 +78,9 @@ kotlin {
         }
     }
 }
+
+benchmark {
+    targets {
+        register("jvmBenchmark")
+    }
+}
diff --git a/serialization-msgpack-unsigned-support/build.gradle.kts b/serialization-msgpack-unsigned-support/build.gradle.kts
index 1302789..22aafee 100644
--- a/serialization-msgpack-unsigned-support/build.gradle.kts
+++ b/serialization-msgpack-unsigned-support/build.gradle.kts
@@ -4,10 +4,15 @@ plugins {
     id("maven-publish")
     id("signing")
     id("org.jetbrains.dokka")
+    id("org.jetbrains.kotlinx.benchmark")
 }
 
 kotlin {
-    jvm()
+    jvm {
+        compilations.create("benchmark") {
+            associateWith(this@jvm.compilations.getByName("main"))
+        }
+    }
     js {
         browser {
             testTask {
@@ -18,9 +23,8 @@ kotlin {
         }
     }
     applyDefaultHierarchyTemplate()
-    jvm()
-    iosX64()
     iosArm64()
+    iosX64()
     iosSimulatorArm64()
     tvosX64()
     tvosArm64()
@@ -60,6 +64,11 @@ kotlin {
                 implementation(kotlin("test-junit"))
             }
         }
+        val jvmBenchmark by getting {
+            dependencies {
+                implementation(kotlinx("benchmark-runtime", Dependencies.Versions.benchmark))
+            }
+        }
         jsTest {
             dependencies {
                 implementation(kotlin("test-js"))
@@ -67,3 +76,9 @@ kotlin {
         }
     }
 }
+
+benchmark {
+    targets {
+        register("jvmBenchmark")
+    }
+}
diff --git a/serialization-msgpack/build.gradle.kts b/serialization-msgpack/build.gradle.kts
index 07796b7..a968680 100644
--- a/serialization-msgpack/build.gradle.kts
+++ b/serialization-msgpack/build.gradle.kts
@@ -4,9 +4,15 @@ plugins {
     id("maven-publish")
     id("signing")
     id("org.jetbrains.dokka")
+    id("org.jetbrains.kotlinx.benchmark")
 }
 
 kotlin {
+    jvm {
+        compilations.create("benchmark") {
+            associateWith(this@jvm.compilations.getByName("main"))
+        }
+    }
     js {
         browser {
             testTask {
@@ -17,9 +23,8 @@ kotlin {
         }
     }
     applyDefaultHierarchyTemplate()
-    jvm()
-    iosX64()
     iosArm64()
+    iosX64()
     iosSimulatorArm64()
     tvosX64()
     tvosArm64()
@@ -59,6 +64,11 @@ kotlin {
                 implementation(kotlin("test-junit"))
             }
         }
+        val jvmBenchmark by getting {
+            dependencies {
+                implementation(kotlinx("benchmark-runtime", Dependencies.Versions.benchmark))
+            }
+        }
         jsTest {
             dependencies {
                 implementation(kotlin("test-js"))
@@ -66,3 +76,9 @@ kotlin {
         }
     }
 }
+
+benchmark {
+    targets {
+        register("jvmBenchmark")
+    }
+}
diff --git a/serialization-msgpack/src/commonTest/kotlin/com/ensarsarajcic/kotlinx/serialization/msgpack/TestData.kt b/serialization-msgpack/src/commonTest/kotlin/com/ensarsarajcic/kotlinx/serialization/msgpack/TestData.kt
index 3ca9d51..11bd661 100644
--- a/serialization-msgpack/src/commonTest/kotlin/com/ensarsarajcic/kotlinx/serialization/msgpack/TestData.kt
+++ b/serialization-msgpack/src/commonTest/kotlin/com/ensarsarajcic/kotlinx/serialization/msgpack/TestData.kt
@@ -90,25 +90,41 @@ object TestData {
             "a474657374" to "test",
             "a82d31323377686174" to "-123what",
             "a82d31323377686174" to "-123what",
-            "bf74657374747474747474747474747474747474747474747474747474747474" to "testttttttttttttttttttttttttttt", // Max fixStr size
-            "aac48dc487c48dc487c2bc" to "čćčć¼", // UTF-8 support
+            // Max fixStr size
+            "bf74657374747474747474747474747474747474747474747474747474747474" to "testttttttttttttttttttttttttttt",
+            // UTF-8 support
+            "aac48dc487c48dc487c2bc" to "čćčć¼",
         )
     val str8TestPairs =
         arrayOf(
-            "d9207465737474747474747474747474747474747474747474747474747474747474" to "testtttttttttttttttttttttttttttt", // Min Str8 size
-            "d92a7465737474747474747474747474747474747474747474747474747474747474c48dc487c48dc487c2bc" to "testttttttttttttttttttttttttttttčćčć¼", // UTF-8 support
-            "d9ff746573747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474" to "testttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt", // Max Str8 size
+            // Min Str8 size
+            "d9207465737474747474747474747474747474747474747474747474747474747474" to "testtttttttttttttttttttttttttttt",
+            // UTF-8 support
+            "d92a7465737474747474747474747474747474747474747474747474747474747474c48dc487c48dc487c2bc" to
+                "testttttttttttttttttttttttttttttčćčć¼",
+            // Max Str8 size
+            @Suppress("ktlint:standard:max-line-length")
+            "d9ff746573747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474"
+                to
+                "testttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt",
         )
     val str16TestPairs =
         arrayOf(
-            "da010074657374747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474" to "testtttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt", // Min Str16 size
-            "da010a74657374747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474c48dc487c48dc487c2bc" to "testttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttčćčć¼", // UTF-8 support
+            // Min Str16 size
+            @Suppress("ktlint:standard:max-line-length")
+            "da010074657374747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474"
+                to "testtttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt",
+            // UTF-8 support
+            @Suppress("ktlint:standard:max-line-length")
+            "da010a74657374747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474c48dc487c48dc487c2bc"
+                to "testttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttčćčć¼",
         )
     val bin8TestPairs =
         arrayOf(
             "c409010203040506070809" to byteArrayOf(1, 2, 3, 4, 5, 6, 7, 8, 9),
             "c400" to byteArrayOf(),
-            "c4ff746573747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474" to byteArrayOf(116, 101, 115, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116),
+            "c4ff746573747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474747474" to byteArrayOf(116, 101, 115, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116, 116
+            ),
         )
     val intArrayTestPairs =
         arrayOf(
@@ -118,7 +134,8 @@ object TestData {
     val stringArrayTestPairs =
         arrayOf(
             "92a3616263a3646566" to arrayOf("abc", "def"),
-            "92d921616266647366736466736466647366736466736673646673647364666466646663a3616473" to arrayOf("abfdsfsdfsdfdsfsdfsfsdfsdsdfdfdfc", "ads"),
+            "92d921616266647366736466736466647366736466736673646673647364666466646663a3616473" to
+                arrayOf("abfdsfsdfsdfdsfsdfsfsdfsdsdfdfdfc", "ads"),
         )
     val mixedListTestPairs =
         arrayOf(
@@ -203,7 +220,10 @@ object TestData {
         )
     val unknownKeysTestPairs =
         arrayOf(
-            "85aa74657374537472696e67a3646566ab7465737449676e6f72656491a969676e6f7265206d65a774657374496e747bab74657374556e6b6e6f776ea7756e6b6e6f776eab74657374426f6f6c65616ec3" to SampleClass("def", 123, true),
+            @Suppress("ktlint:standard:max-line-length")
+            "85aa74657374537472696e67a3646566ab7465737449676e6f72656491a969676e6f7265206d65a774657374496e747bab74657374556e6b6e6f776ea7756e6b6e6f776eab74657374426f6f6c65616ec3"
+                to
+                SampleClass("def", 123, true),
         )
 
     val floatEncodedDataTestPairs =
@@ -221,8 +241,14 @@ object TestData {
         )
     val nestedSampleClassWithMissingValue =
         arrayOf(
-            "84aa74657374537472696e67a3646566a774657374496e747bab74657374426f6f6c65616ec3aa746573744e657374656482aa74657374537472696e67a3646566ab74657374426f6f6c65616ec3" to SampleClassWithNestedClass("def", 123, true, SampleClassWithNestedClass.NestedClass(null)),
-            "85aa74657374537472696e67a3646566a774657374496e747bab74657374426f6f6c65616ec3aa746573744e657374656483aa74657374537472696e67a3646566ab74657374426f6f6c65616ec3ae616e6f74686572556e6b6e6f776ea474657374ac7365636f6e644e657374656481ab74657374426f6f6c65616ec2" to SampleClassWithNestedClass("def", 123, true, SampleClassWithNestedClass.NestedClass(null), SampleClassWithNestedClass.NestedClass(null)),
+            @Suppress("ktlint:standard:max-line-length")
+            "84aa74657374537472696e67a3646566a774657374496e747bab74657374426f6f6c65616ec3aa746573744e657374656482aa74657374537472696e67a3646566ab74657374426f6f6c65616ec3"
+                to
+                SampleClassWithNestedClass("def", 123, true, SampleClassWithNestedClass.NestedClass(null)),
+            @Suppress("ktlint:standard:max-line-length")
+            "85aa74657374537472696e67a3646566a774657374496e747bab74657374426f6f6c65616ec3aa746573744e657374656483aa74657374537472696e67a3646566ab74657374426f6f6c65616ec3ae616e6f74686572556e6b6e6f776ea474657374ac7365636f6e644e657374656481ab74657374426f6f6c65616ec2"
+                to
+                SampleClassWithNestedClass("def", 123, true, SampleClassWithNestedClass.NestedClass(null), SampleClassWithNestedClass.NestedClass(null)),
         )
 }
 
diff --git a/serialization-msgpack/src/jvmBenchmark/kotlin/com.ensarsarajcic.kotlinx.serialization.msgpack/DeserializeBenchmarks.kt b/serialization-msgpack/src/jvmBenchmark/kotlin/com.ensarsarajcic.kotlinx.serialization.msgpack/DeserializeBenchmarks.kt
new file mode 100644
index 0000000..1ff5aac
--- /dev/null
+++ b/serialization-msgpack/src/jvmBenchmark/kotlin/com.ensarsarajcic.kotlinx.serialization.msgpack/DeserializeBenchmarks.kt
@@ -0,0 +1,50 @@
+package com.ensarsarajcic.kotlinx.serialization.msgpack
+
+import com.ensarsarajcic.kotlinx.serialization.msgpack.internal.BasicMsgPackDecoder
+import com.ensarsarajcic.kotlinx.serialization.msgpack.stream.toMsgPackBuffer
+import kotlinx.benchmark.Benchmark
+import kotlinx.benchmark.BenchmarkMode
+import kotlinx.benchmark.BenchmarkTimeUnit
+import kotlinx.benchmark.Measurement
+import kotlinx.benchmark.Mode
+import kotlinx.benchmark.OutputTimeUnit
+import kotlinx.benchmark.Scope
+import kotlinx.benchmark.State
+import kotlinx.serialization.Serializable
+import kotlinx.serialization.modules.SerializersModule
+
+@BenchmarkMode(Mode.AverageTime)
+@OutputTimeUnit(BenchmarkTimeUnit.NANOSECONDS)
+@Measurement(iterations = 20, time = 1, timeUnit = BenchmarkTimeUnit.SECONDS)
+@State(Scope.Benchmark)
+open class DeserializeBenchmarks {
+    @Serializable
+    data class SampleClassWithNestedClass(
+        val testString: String,
+        val testInt: Int,
+        val testBoolean: Boolean,
+        val testNested: NestedClass,
+        val secondNested: NestedClass? = null,
+    ) {
+        @Serializable
+        data class NestedClass(
+            val testInt: Int? = null,
+        )
+    }
+
+    // The actual benchmark method
+    @Benchmark
+    fun benchmarkMethod() {
+        val decoder =
+            BasicMsgPackDecoder(
+                MsgPackConfiguration.default.copy(ignoreUnknownKeys = true),
+                SerializersModule {
+                },
+                @Suppress("ktlint:standard:max-line-length")
+                "85aa74657374537472696e67a3646566a774657374496e747bab74657374426f6f6c65616ec3aa746573744e657374656483aa74657374537472696e67a3646566ab74657374426f6f6c65616ec3ae616e6f74686572556e6b6e6f776ea474657374ac7365636f6e644e657374656481ab74657374426f6f6c65616ec2".hexStringToByteArray().toMsgPackBuffer(),
+            )
+        SampleClassWithNestedClass.serializer().deserialize(decoder)
+    }
+}
+
+fun String.hexStringToByteArray() = ByteArray(this.length / 2) { this.substring(it * 2, it * 2 + 2).toInt(16).toByte() }
diff --git a/serialization-msgpack/src/jvmBenchmark/kotlin/com.ensarsarajcic.kotlinx.serialization.msgpack/SerializeBenchmarks.kt b/serialization-msgpack/src/jvmBenchmark/kotlin/com.ensarsarajcic.kotlinx.serialization.msgpack/SerializeBenchmarks.kt
new file mode 100644
index 0000000..addd13e
--- /dev/null
+++ b/serialization-msgpack/src/jvmBenchmark/kotlin/com.ensarsarajcic.kotlinx.serialization.msgpack/SerializeBenchmarks.kt
@@ -0,0 +1,71 @@
+package com.ensarsarajcic.kotlinx.serialization.msgpack
+
+import kotlinx.benchmark.Benchmark
+import kotlinx.benchmark.BenchmarkMode
+import kotlinx.benchmark.BenchmarkTimeUnit
+import kotlinx.benchmark.Measurement
+import kotlinx.benchmark.Mode
+import kotlinx.benchmark.OutputTimeUnit
+import kotlinx.benchmark.Scope
+import kotlinx.benchmark.State
+import kotlinx.serialization.SerialName
+import kotlinx.serialization.Serializable
+import kotlinx.serialization.encodeToByteArray
+
+@BenchmarkMode(Mode.AverageTime)
+@OutputTimeUnit(BenchmarkTimeUnit.NANOSECONDS)
+@Measurement(iterations = 20, time = 1, timeUnit = BenchmarkTimeUnit.SECONDS)
+@State(Scope.Benchmark)
+open class SerializeBenchmarks {
+    @Serializable
+    data class SampleClass(
+        @SerialName("testString")
+        val testString: String,
+        val testInt: Int,
+        val testBoolean: Boolean,
+    )
+
+    @Serializable
+    data class SampleClassWithNestedClass(
+        val testString: String,
+        val testInt: Int,
+        val testBoolean: Boolean,
+        val testNested: NestedClass,
+        val testSample: SampleClass,
+        val testSampleList: List<SampleClass>,
+        val testSampleMap: Map<String, SampleClass>,
+        val extraBytes: ByteArray,
+        val secondNested: NestedClass? = null,
+    ) {
+        @Serializable
+        data class NestedClass(
+            val testInt: Int? = null,
+        )
+    }
+
+    // The actual benchmark method
+    @Benchmark
+    fun benchmarkMethod() {
+        val instance =
+            SampleClassWithNestedClass(
+                testString = "testString",
+                testInt = 10,
+                testBoolean = true,
+                testNested = SampleClassWithNestedClass.NestedClass(5),
+                testSample = SampleClass(testString = "testString2", testInt = 17, testBoolean = false),
+                testSampleList =
+                    listOf(
+                        SampleClass("testString3", testInt = 25, testBoolean = true),
+                        SampleClass("testString4", testInt = 100, testBoolean = false),
+                    ),
+                testSampleMap =
+                    mapOf(
+                        "testString5" to SampleClass("testString5", testInt = 12, testBoolean = false),
+                        "testString6" to SampleClass("testString6", testInt = 15, testBoolean = true),
+                    ),
+                extraBytes = byteArrayOf(0x12, 0x13, 0x14, 0x15),
+                secondNested = SampleClassWithNestedClass.NestedClass(null),
+            )
+        MsgPack.encodeToByteArray(instance)
+    }
+}