diff --git a/documentation/docs/98-reference/.generated/client-warnings.md b/documentation/docs/98-reference/.generated/client-warnings.md
index dcce04bcb8..ba5f957f8d 100644
--- a/documentation/docs/98-reference/.generated/client-warnings.md
+++ b/documentation/docs/98-reference/.generated/client-warnings.md
@@ -34,6 +34,14 @@ function add() {
 }
 ```
 
+### await_reactivity_loss
+
+```
+Detected reactivity loss
+```
+
+TODO
+
 ### await_waterfall
 
 ```
diff --git a/packages/svelte/messages/client-warnings/warnings.md b/packages/svelte/messages/client-warnings/warnings.md
index cb0645367b..eba1454bf7 100644
--- a/packages/svelte/messages/client-warnings/warnings.md
+++ b/packages/svelte/messages/client-warnings/warnings.md
@@ -30,6 +30,12 @@ function add() {
 }
 ```
 
+## await_reactivity_loss
+
+> Detected reactivity loss
+
+TODO
+
 ## await_waterfall
 
 > Detected an unnecessary async waterfall
diff --git a/packages/svelte/src/compiler/phases/3-transform/client/visitors/AwaitExpression.js b/packages/svelte/src/compiler/phases/3-transform/client/visitors/AwaitExpression.js
index 7a7ca628a8..b69b2fc725 100644
--- a/packages/svelte/src/compiler/phases/3-transform/client/visitors/AwaitExpression.js
+++ b/packages/svelte/src/compiler/phases/3-transform/client/visitors/AwaitExpression.js
@@ -1,5 +1,6 @@
 /** @import { AwaitExpression, Expression } from 'estree' */
 /** @import { Context } from '../types' */
+import { dev } from '../../../../state.js';
 import * as b from '../../../../utils/builders.js';
 
 /**
@@ -7,15 +8,19 @@ import * as b from '../../../../utils/builders.js';
  * @param {Context} context
  */
 export function AwaitExpression(node, context) {
-	const suspend = context.state.analysis.context_preserving_awaits.has(node);
+	const save = context.state.analysis.context_preserving_awaits.has(node);
 
-	if (!suspend) {
-		return context.next();
+	if (dev || save) {
+		return b.call(
+			b.await(
+				b.call(
+					'$.save',
+					node.argument && /** @type {Expression} */ (context.visit(node.argument)),
+					!save && b.false
+				)
+			)
+		);
 	}
 
-	return b.call(
-		b.await(
-			b.call('$.save', node.argument && /** @type {Expression} */ (context.visit(node.argument)))
-		)
-	);
+	return context.next();
 }
diff --git a/packages/svelte/src/internal/client/dom/blocks/boundary.js b/packages/svelte/src/internal/client/dom/blocks/boundary.js
index 97389f9624..c35bc01d84 100644
--- a/packages/svelte/src/internal/client/dom/blocks/boundary.js
+++ b/packages/svelte/src/internal/client/dom/blocks/boundary.js
@@ -30,6 +30,8 @@ import {
 import { get_next_sibling } from '../operations.js';
 import { queue_boundary_micro_task } from '../task.js';
 import * as e from '../../../shared/errors.js';
+import { DEV } from 'esm-env';
+import { from_async_derived, set_from_async_derived } from '../../reactivity/deriveds.js';
 
 const ASYNC_INCREMENT = Symbol();
 const ASYNC_DECREMENT = Symbol();
@@ -340,15 +342,23 @@ function move_effect(effect, fragment) {
 	}
 }
 
-export function capture() {
+export function capture(track = true) {
 	var previous_effect = active_effect;
 	var previous_reaction = active_reaction;
 	var previous_component_context = component_context;
 
+	if (DEV && !track) {
+		var was_from_async_derived = from_async_derived;
+	}
+
 	return function restore() {
-		set_active_effect(previous_effect);
-		set_active_reaction(previous_reaction);
-		set_component_context(previous_component_context);
+		if (track) {
+			set_active_effect(previous_effect);
+			set_active_reaction(previous_reaction);
+			set_component_context(previous_component_context);
+		} else if (DEV) {
+			set_from_async_derived(was_from_async_derived);
+		}
 
 		// prevent the active effect from outstaying its welcome
 		queue_boundary_micro_task(exit);
@@ -390,10 +400,11 @@ export function suspend() {
 /**
  * @template T
  * @param {Promise<T>} promise
+ * @param {boolean} [track]
  * @returns {Promise<() => T>}
  */
-export async function save(promise) {
-	var restore = capture();
+export async function save(promise, track = true) {
+	var restore = capture(track);
 	var value = await promise;
 
 	return () => {
diff --git a/packages/svelte/src/internal/client/reactivity/deriveds.js b/packages/svelte/src/internal/client/reactivity/deriveds.js
index 54915e438e..f8a8aaddac 100644
--- a/packages/svelte/src/internal/client/reactivity/deriveds.js
+++ b/packages/svelte/src/internal/client/reactivity/deriveds.js
@@ -29,6 +29,14 @@ import { tracing_mode_flag } from '../../flags/index.js';
 import { capture, suspend } from '../dom/blocks/boundary.js';
 import { component_context } from '../context.js';
 
+/** @type {Effect | null} */
+export let from_async_derived = null;
+
+/** @param {Effect | null} v */
+export function set_from_async_derived(v) {
+	from_async_derived = v;
+}
+
 /**
  * @template V
  * @param {() => V} fn
@@ -88,8 +96,11 @@ export function async_derived(fn) {
 	var promise = /** @type {Promise<V>} */ (/** @type {unknown} */ (undefined));
 	var value = source(/** @type {V} */ (undefined));
 
+	// TODO this isn't a block
 	block(async () => {
+		if (DEV) from_async_derived = active_effect;
 		var current = (promise = fn());
+		if (DEV) from_async_derived = null;
 
 		var restore = capture();
 		var unsuspend = suspend();
@@ -103,6 +114,8 @@ export function async_derived(fn) {
 
 			if (promise === current) {
 				restore();
+				from_async_derived = null;
+
 				internal_set(value, v);
 			}
 		} catch (e) {
diff --git a/packages/svelte/src/internal/client/runtime.js b/packages/svelte/src/internal/client/runtime.js
index a6460211d9..c60f4d736e 100644
--- a/packages/svelte/src/internal/client/runtime.js
+++ b/packages/svelte/src/internal/client/runtime.js
@@ -37,6 +37,7 @@ import {
 	destroy_derived,
 	destroy_derived_effects,
 	execute_derived,
+	from_async_derived,
 	update_derived
 } from './reactivity/deriveds.js';
 import * as e from './errors.js';
@@ -51,6 +52,7 @@ import {
 	set_dev_current_component_function
 } from './context.js';
 import { add_boundary_effect, commit_boundary } from './dom/blocks/boundary.js';
+import * as w from './warnings.js';
 
 const FLUSH_MICROTASK = 0;
 const FLUSH_SYNC = 1;
@@ -967,6 +969,15 @@ export function get(signal) {
 		captured_signals.add(signal);
 	}
 
+	if (DEV && from_async_derived) {
+		var tracking = (from_async_derived.f & REACTION_IS_UPDATING) !== 0;
+		var was_read = from_async_derived.deps !== null && from_async_derived.deps.includes(signal);
+
+		if (!tracking && !was_read) {
+			w.await_reactivity_loss();
+		}
+	}
+
 	// Register the dependency on the current reaction signal.
 	if (active_reaction !== null && !untracking) {
 		if (derived_sources !== null && derived_sources.includes(signal)) {
diff --git a/packages/svelte/src/internal/client/warnings.js b/packages/svelte/src/internal/client/warnings.js
index f4dcfdd650..79fbebee4c 100644
--- a/packages/svelte/src/internal/client/warnings.js
+++ b/packages/svelte/src/internal/client/warnings.js
@@ -18,6 +18,17 @@ export function assignment_value_stale(property, location) {
 	}
 }
 
+/**
+ * Detected reactivity loss
+ */
+export function await_reactivity_loss() {
+	if (DEV) {
+		console.warn(`%c[svelte] await_reactivity_loss\n%cDetected reactivity loss\nhttps://svelte.dev/e/await_reactivity_loss`, bold, normal);
+	} else {
+		console.warn(`https://svelte.dev/e/await_reactivity_loss`);
+	}
+}
+
 /**
  * Detected an unnecessary async waterfall
  */