diff --git a/CHANGELOG.md b/CHANGELOG.md
index a82ff55..c8f3587 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [3.8.0] - 2026-04-25
+### Added
+- `pettyCache.throttle(key, { ttl }, fn)` — distributed throttle primitive. The first caller for a given key in a `ttl` window invokes the callback; subsequent calls within the window are no-ops. Errors thrown by the callback propagate to the caller. Async/await only.
+
 ## [3.7.0] - 2026-03-12
 ### Changed
 - Added the ability for `pettyCache.bulkGet`, `pettyCache.bulkSet`, and `pettyCache.bulkFetch` functions to support callbacks and promises.
diff --git a/README.md b/README.md
index 57d35b7..eb7ec57 100644
--- a/README.md
+++ b/README.md
@@ -26,6 +26,9 @@ Provides a distributed lock (mutex) with the ability to retry a specified number
 **Semaphore**
 Provides a pool of distributed locks with the ability to release a slot back to the pool or remove the slot from the pool so that it's not used again.
 
+**Throttle**
+Provides a distributed throttle: the first caller for a given key in a TTL window invokes the callback; subsequent calls within the window are absorbed. Errors from the callback propagate to the caller.
+
 ## Getting Started
 
 ```javascript
@@ -517,3 +520,25 @@ pettyCache.semaphore.retrieveOrCreate('key', { size: 10 }, function(err) {
     size: 1 || function() { const x = 1 + 1; callback(null, x); } // The number of locks to create in the semaphore's pool. Optionally, size can be a `callback(err, size)` function.
 }
 ```
+
+## Throttle
+
+### pettyCache.throttle(key, options, fn)
+
+Distributed throttle: coalesces calls for the same key across multiple processes via Redis so that `fn` runs at most once per `ttl` window. The first caller in a window wins the claim and `fn` runs to completion; subsequent calls within the window are no-ops. After the window expires, the next caller can claim again.
+
+The returned Promise resolves only after `fn` has resolved (for the winning caller) or immediately (for absorbed callers). Errors thrown by `fn` propagate to the caller — useful for callers that need to know whether the work succeeded.
+
+```javascript
+await pettyCache.throttle('my-key', { ttl: 5 * 60 * 1000 }, async () => {
+    // First caller's work — runs immediately. Subsequent calls within
+    // the next 5 minutes are no-ops.
+    await doWork();
+});
+```
+
+**Parameters**
+
+- `key` (string) — Redis key. Callers compose their own naming convention.
+- `options.ttl` (number) — throttle window in milliseconds. Required.
+- `fn` (async function) — invoked once per window if this caller wins the claim. Awaited before the returned Promise resolves; errors propagate to the caller.
diff --git a/index.js b/index.js
index 1b0f81c..2f4c25e 100644
--- a/index.js
+++ b/index.js
@@ -1087,6 +1087,45 @@ function PettyCache() {
         }
     };
 
+    /**
+     * Distributed throttle: invokes `fn` only if no other call has claimed the same key
+     * within the last `ttl` milliseconds, coalescing calls across multiple processes via
+     * Redis. The first caller in a window wins the claim and `fn` runs to completion;
+     * subsequent calls within the window are no-ops (they return immediately without
+     * invoking `fn`). After the window's TTL expires, the next caller can claim again.
+     *
+     * The returned Promise resolves only after `fn` has resolved (for the winning caller)
+     * or immediately (for absorbed callers). Errors thrown by `fn` propagate to the
+     * caller — useful for callers that need to know whether the work succeeded so they
+     * can NACK upstream messages, etc.
+     *
+     * @param {string} key - The Redis key. Callers compose their own naming convention.
+     * @param {Object} options
+     * @param {number} options.ttl - Throttle window in milliseconds. Required.
+     * @param {Function} fn - Async function invoked once per window if this caller wins
+     *                        the claim. Awaited before the returned Promise resolves.
+     * @returns {Promise<void>}
+     */
+    this.throttle = async (key, options, fn) => {
+        const ttl = options.ttl;
+
+        const won = await new Promise((resolve, reject) => {
+            redisClient.set(key, '1', 'NX', 'PX', ttl, (err, res) => {
+                if (err) {
+                    return reject(err);
+                }
+
+                resolve(res === 'OK');
+            });
+        });
+
+        if (!won) {
+            return;
+        }
+
+        await fn();
+    };
+
     // Semaphore functions need to be bound to the main PettyCache object
     for (const method in this.semaphore) {
         this.semaphore[method] = this.semaphore[method].bind(this);
diff --git a/package.json b/package.json
index a98eedf..2fcd1dd 100644
--- a/package.json
+++ b/package.json
@@ -30,5 +30,5 @@
         "test": "node --test --test-force-exit --test-reporter=spec",
         "test:only": "node --test --test-force-exit --test-only --test-reporter=spec"
     },
-    "version": "3.7.0"
+    "version": "3.8.0"
 }
diff --git a/test/index.js b/test/index.js
index b4f8c7f..bd1722f 100644
--- a/test/index.js
+++ b/test/index.js
@@ -2333,6 +2333,83 @@ test('petty-cache', { concurrency: true }, async (t) => {
         });
     });
 
+    t.test('PettyCache.throttle', { concurrency: false }, async (t) => {
+        t.test('first call invokes fn and waits for it to complete', async () => {
+            const key = `throttle-${Math.random()}`;
+            let invocations = 0;
+
+            await pettyCache.throttle(key, { ttl: 1000 }, async () => {
+                await timers.setTimeout(50);
+                invocations += 1;
+            });
+
+            assert.strictEqual(invocations, 1);
+        });
+
+        t.test('subsequent calls within the window are absorbed', async () => {
+            const key = `throttle-${Math.random()}`;
+            const calls = [];
+
+            await pettyCache.throttle(key, { ttl: 1000 }, async () => calls.push('a'));
+            await pettyCache.throttle(key, { ttl: 1000 }, async () => calls.push('b'));
+            await pettyCache.throttle(key, { ttl: 1000 }, async () => calls.push('c'));
+
+            assert.deepStrictEqual(calls, ['a']);
+        });
+
+        t.test('after the window expires, next call wins again', async () => {
+            const key = `throttle-${Math.random()}`;
+            const calls = [];
+
+            await pettyCache.throttle(key, { ttl: 100 }, async () => calls.push('a'));
+            await timers.setTimeout(200);
+            await pettyCache.throttle(key, { ttl: 100 }, async () => calls.push('b'));
+
+            assert.deepStrictEqual(calls, ['a', 'b']);
+        });
+
+        t.test('errors thrown by fn propagate to the caller', async () => {
+            const key = `throttle-${Math.random()}`;
+
+            await assert.rejects(
+                pettyCache.throttle(key, { ttl: 1000 }, async () => { throw new Error('boom'); }),
+                /boom/
+            );
+        });
+
+        t.test('different keys are independent', async () => {
+            const key1 = `throttle-${Math.random()}-1`;
+            const key2 = `throttle-${Math.random()}-2`;
+            const calls = [];
+
+            await pettyCache.throttle(key1, { ttl: 1000 }, async () => calls.push('1'));
+            await pettyCache.throttle(key2, { ttl: 1000 }, async () => calls.push('2'));
+
+            assert.deepStrictEqual(calls, ['1', '2']);
+        });
+
+        t.test('absorbed callers return immediately without waiting on fn', async () => {
+            const key = `throttle-${Math.random()}`;
+
+            // First caller wins; fn takes 200ms
+            const winner = pettyCache.throttle(key, { ttl: 1000 }, async () => {
+                await timers.setTimeout(200);
+            });
+
+            // Brief pause to ensure the SETNX lands
+            await timers.setTimeout(20);
+
+            // Second caller is absorbed; should resolve quickly
+            const start = Date.now();
+            await pettyCache.throttle(key, { ttl: 1000 }, async () => {
+                await timers.setTimeout(5000);
+            });
+            assert.ok(Date.now() - start < 100, 'absorbed caller did not return immediately');
+
+            await winner;
+        });
+    });
+
     t.test('redisClient', { concurrency: true }, async (t) => {
         t.test('redisClient.mget(falsy keys)', (t, done) => {
             const key1 = Math.random().toString();