diff --git a/build.gradle b/build.gradle
index 0d21932ae..b1694c9c6 100644
--- a/build.gradle
+++ b/build.gradle
@@ -14,13 +14,15 @@ buildscript {
     }
     ext.experimentalsEnabled = ["-progressive", "-opt-in=kotlin.Experimental",
                                 "-opt-in=kotlin.ExperimentalMultiplatform",
-                                "-opt-in=kotlinx.serialization.InternalSerializationApi"
+                                "-opt-in=kotlinx.serialization.InternalSerializationApi",
+                                "-P", "plugin:org.jetbrains.kotlinx.serialization:disableIntrinsic=false"
     ]
 
     ext.experimentalsInTestEnabled = ["-progressive", "-opt-in=kotlin.Experimental",
                                       "-opt-in=kotlin.ExperimentalMultiplatform",
                                       "-opt-in=kotlinx.serialization.ExperimentalSerializationApi",
-                                      "-opt-in=kotlinx.serialization.InternalSerializationApi"
+                                      "-opt-in=kotlinx.serialization.InternalSerializationApi",
+                                      "-P", "plugin:org.jetbrains.kotlinx.serialization:disableIntrinsic=false"
     ]
     ext.koverEnabled = property('kover.enabled') ?: true
 
diff --git a/core/api/kotlinx-serialization-core.api b/core/api/kotlinx-serialization-core.api
index bc7bbcedc..5cddb226d 100644
--- a/core/api/kotlinx-serialization-core.api
+++ b/core/api/kotlinx-serialization-core.api
@@ -119,6 +119,9 @@ public abstract interface annotation class kotlinx/serialization/Serializer : ja
 }
 
 public final class kotlinx/serialization/SerializersKt {
+	public static final fun noCompiledSerializer (Ljava/lang/String;)Lkotlinx/serialization/KSerializer;
+	public static final fun noCompiledSerializer (Lkotlinx/serialization/modules/SerializersModule;Lkotlin/reflect/KClass;)Lkotlinx/serialization/KSerializer;
+	public static final fun noCompiledSerializer (Lkotlinx/serialization/modules/SerializersModule;Lkotlin/reflect/KClass;[Lkotlinx/serialization/KSerializer;)Lkotlinx/serialization/KSerializer;
 	public static final fun serializer (Ljava/lang/reflect/Type;)Lkotlinx/serialization/KSerializer;
 	public static final fun serializer (Lkotlin/reflect/KClass;)Lkotlinx/serialization/KSerializer;
 	public static final fun serializer (Lkotlin/reflect/KType;)Lkotlinx/serialization/KSerializer;
diff --git a/core/commonMain/src/kotlinx/serialization/Serializers.kt b/core/commonMain/src/kotlinx/serialization/Serializers.kt
index ff35a9f15..a7f892719 100644
--- a/core/commonMain/src/kotlinx/serialization/Serializers.kt
+++ b/core/commonMain/src/kotlinx/serialization/Serializers.kt
@@ -183,3 +183,35 @@ private fun <T : Any> KSerializer<T>.nullable(shouldBeNullable: Boolean): KSeria
     if (shouldBeNullable) return nullable
     return this as KSerializer<T?>
 }
+
+
+/**
+ * Overloads of [noCompiledSerializer] should never be called directly.
+ * Instead, compiler inserts calls to them when intrinsifying [serializer] function.
+ *
+ * If no serializer has been found in compile time, call to [noCompiledSerializer] inserted instead.
+ */
+@Suppress("unused")
+@PublishedApi
+internal fun noCompiledSerializer(forClass: String): KSerializer<*> {
+    throw SerializationException(
+        "Cannot find serializer for class $forClass.\n" +
+                "Make sure that this class marked with @Serializable annotation," +
+                "or provide serializer explicitly, or use proper SerializersModule"
+    )
+}
+
+// Used when compiler intrinsic is inserted
+@OptIn(ExperimentalSerializationApi::class)
+@Suppress("unused")
+@PublishedApi
+internal fun noCompiledSerializer(module: SerializersModule, kClass: KClass<*>): KSerializer<*> {
+    return module.getContextual(kClass) ?: kClass.serializerNotRegistered()
+}
+
+@OptIn(ExperimentalSerializationApi::class)
+@Suppress("unused")
+@PublishedApi
+internal fun noCompiledSerializer(module: SerializersModule, kClass: KClass<*>, argSerializers: Array<KSerializer<*>>): KSerializer<*> {
+    return module.getContextual(kClass, argSerializers.asList()) ?: kClass.serializerNotRegistered()
+}
diff --git a/core/commonTest/src/kotlinx/serialization/CachedSerializersTest.kt b/core/commonTest/src/kotlinx/serialization/CachedSerializersTest.kt
index d04390af2..77fa593e9 100644
--- a/core/commonTest/src/kotlinx/serialization/CachedSerializersTest.kt
+++ b/core/commonTest/src/kotlinx/serialization/CachedSerializersTest.kt
@@ -4,8 +4,10 @@
 
 package kotlinx.serialization
 
+import kotlinx.serialization.modules.*
 import kotlinx.serialization.test.noJsLegacy
 import kotlin.test.*
+import kotlin.time.*
 
 class CachedSerializersTest {
     @Serializable
@@ -34,4 +36,22 @@ class CachedSerializersTest {
     fun testAbstractSerializersAreSame() = noJsLegacy {
         assertSame(Abstract.serializer(), Abstract.serializer())
     }
+
+
+    @OptIn(ExperimentalTime::class)
+    @Test
+    @Ignore // TODO: Unignore after 1.8.0 update
+    fun testSerializersAreIntrinsified() {
+        val m = SerializersModule {  }
+        val direct = measureTime {
+            Object.serializer()
+        }
+        val directMs = direct.inWholeMicroseconds
+        val indirect = measureTime {
+            m.serializer<Object>()
+        }
+        val indirectMs = indirect.inWholeMicroseconds
+        if (indirectMs > directMs + (directMs / 4)) error("Direct ($directMs) and indirect ($indirectMs) times are too far apart")
+    }
 }
+
diff --git a/core/commonTest/src/kotlinx/serialization/SerializersLookupEnumTest.kt b/core/commonTest/src/kotlinx/serialization/SerializersLookupEnumTest.kt
index 4fb61b043..42294b7e9 100644
--- a/core/commonTest/src/kotlinx/serialization/SerializersLookupEnumTest.kt
+++ b/core/commonTest/src/kotlinx/serialization/SerializersLookupEnumTest.kt
@@ -74,6 +74,7 @@ class SerializersLookupEnumTest {
     }
 
     @Test
+    @Ignore // @Polymorphic enum doesn't make sense and is not supported in intrinsics
     fun testEnumPolymorphic() {
         if (isJvm()) {
             assertEquals(
diff --git a/core/commonTest/src/kotlinx/serialization/SerializersLookupObjectTest.kt b/core/commonTest/src/kotlinx/serialization/SerializersLookupObjectTest.kt
index 49efb9120..7117d37b0 100644
--- a/core/commonTest/src/kotlinx/serialization/SerializersLookupObjectTest.kt
+++ b/core/commonTest/src/kotlinx/serialization/SerializersLookupObjectTest.kt
@@ -75,7 +75,8 @@ class SerializersLookupObjectTest {
     }
 
     @Test
-    fun testEnumPolymorphic() {
+    @Ignore // @Polymorphic object doesn't make sense and is not supported in intrinsics
+    fun testObjectPolymorphic() {
         if (isJvm()) {
             assertEquals(
                 PolymorphicSerializer(ObjectPolymorphic::class).descriptor,
diff --git a/formats/json-tests/jvmTest/src/kotlinx/serialization/features/SerializerByTypeTest.kt b/formats/json-tests/jvmTest/src/kotlinx/serialization/features/SerializerByTypeTest.kt
index 5227ca43a..450b3f42b 100644
--- a/formats/json-tests/jvmTest/src/kotlinx/serialization/features/SerializerByTypeTest.kt
+++ b/formats/json-tests/jvmTest/src/kotlinx/serialization/features/SerializerByTypeTest.kt
@@ -15,6 +15,7 @@ import org.junit.Test
 import java.lang.reflect.*
 import kotlin.reflect.*
 import kotlin.test.*
+import kotlin.time.*
 
 class SerializerByTypeTest {
 
@@ -283,4 +284,19 @@ class SerializerByTypeTest {
             serializer(typeTokenOf<Array<NonSerializable>>())
         }
     }
+
+    @OptIn(ExperimentalTime::class)
+    @Test
+    @Ignore // TODO: Unignore after 1.8.0 update
+    fun testSerializersAreIntrinsified() {
+        val direct = measureTime {
+            Json.encodeToString(IntData.serializer(), IntData(10))
+        }
+        val directMs = direct.inWholeMicroseconds
+        val indirect = measureTime {
+            Json.encodeToString(IntData(10))
+        }
+        val indirectMs = indirect.inWholeMicroseconds
+        if (indirectMs > directMs + (directMs / 4)) error("Direct ($directMs) and indirect ($indirectMs) times are too far apart")
+    }
 }