diff --git a/tools/benchmark/cmd/k8s_event.go b/tools/benchmark/cmd/k8s_event.go
new file mode 100644
index 000000000000..7844415aeb30
--- /dev/null
+++ b/tools/benchmark/cmd/k8s_event.go
@@ -0,0 +1,175 @@
+// Copyright 2016 The etcd Authors
+//
+// Licensed under the Apache License, Version 2.0 (the "License");
+// you may not use this file except in compliance with the License.
+// You may obtain a copy of the License at
+//
+//     http://www.apache.org/licenses/LICENSE-2.0
+//
+// Unless required by applicable law or agreed to in writing, software
+// distributed under the License is distributed on an "AS IS" BASIS,
+// WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied.
+// See the License for the specific language governing permissions and
+// limitations under the License.
+
+package cmd
+
+import (
+	"context"
+	"fmt"
+	"math"
+	"sync"
+	"time"
+
+	"github.com/spf13/cobra"
+	"golang.org/x/time/rate"
+
+	v3 "go.etcd.io/etcd/client/v3"
+	"go.etcd.io/etcd/pkg/v3/report"
+)
+
+var k8sEventCmd = &cobra.Command{
+	Use:   "k8s-event",
+	Short: "Benchmark k8s event workload",
+
+	Run: k8sEventFunc,
+}
+
+type k8sEventOption struct {
+	qpsLimit  int
+	keySize   int
+	valSize   int
+	keyPrefix string
+	// lease
+	leaseReuse time.Duration
+	leaseTTL   time.Duration
+	execTime   time.Duration
+}
+
+var opt k8sEventOption
+
+func init() {
+	RootCmd.AddCommand(k8sEventCmd)
+	k8sEventCmd.Flags().IntVar(&opt.qpsLimit, "limit", 5000, "QPS limit of event creation")
+	k8sEventCmd.Flags().IntVar(&opt.keySize, "key", 50, "Size of keys")
+	k8sEventCmd.Flags().IntVar(&opt.valSize, "value", 2000, "Size of values")
+	k8sEventCmd.Flags().StringVar(&opt.keyPrefix, "key-prefix", "/events/", "Prefix of keys")
+	k8sEventCmd.Flags().DurationVar(&opt.leaseReuse, "reuse", time.Second, "Lease reuse duration")
+	k8sEventCmd.Flags().DurationVar(&opt.leaseTTL, "ttl", 15*time.Second, "Lease TTL")
+	k8sEventCmd.Flags().DurationVar(&opt.execTime, "exec-time", time.Minute, "execution time")
+}
+
+func k8sEventFunc(cmd *cobra.Command, _ []string) {
+	clients := mustCreateClients(totalClients, totalConns)
+	takeN := int(math.Ceil(float64(opt.qpsLimit) / 500))
+	limit := rate.NewLimiter(rate.Limit(opt.qpsLimit), takeN)
+	la := &LeaseAlloc{ttl: opt.leaseTTL, reuse: opt.leaseReuse}
+	value := string(mustRandBytes(opt.valSize))
+	r := newReport(cmd.Name())
+
+	ctx, cancel := context.WithTimeout(context.Background(), opt.execTime)
+	defer cancel()
+
+	for i := range totalClients {
+		c := clients[i]
+		wg.Go(func() {
+			for {
+				select {
+				case <-ctx.Done():
+					return
+				default:
+				}
+				err := limit.WaitN(ctx, takeN)
+				if err != nil {
+					return
+				}
+				wg.Go(func() {
+					for range takeN {
+						select {
+						case <-ctx.Done():
+							return
+						default:
+						}
+						start := time.Now()
+						leaseId, err := la.Allocate(c)
+						if err != nil {
+							r.Results() <- report.Result{Start: start, End: time.Now(), Err: err}
+							continue
+						}
+
+						key := opt.keyPrefix + string(mustRandBytes(opt.keySize))
+						_, err = c.Txn(context.Background()).Then(v3.OpPut(key, value, v3.WithLease(v3.LeaseID(leaseId)))).Commit()
+
+						end := time.Now()
+						if err != nil {
+							fmt.Printf("%v\n", err)
+						}
+						r.Results() <- report.Result{Start: start, End: end, Err: err}
+					}
+				})
+			}
+		})
+	}
+
+	rc := r.Run()
+	wg.Wait()
+	close(r.Results())
+	fmt.Printf("%s", <-rc)
+
+	la.Print(clients[0])
+}
+
+type LeaseAlloc struct {
+	lastLeaseId int64
+	allocTime   time.Time
+	ttl         time.Duration
+	reuse       time.Duration
+	lock        sync.Mutex
+
+	leaseCnt int
+}
+
+func (a *LeaseAlloc) Allocate(cli *v3.Client) (int64, error) {
+	a.lock.Lock()
+	defer a.lock.Unlock()
+
+	now := time.Now()
+	if a.reuse != time.Duration(0) {
+		if a.lastLeaseId != 0 && a.allocTime.Add(a.reuse).After(now) {
+			return a.lastLeaseId, nil
+		}
+	}
+
+	// create new lease
+	resp, err := cli.Grant(context.Background(), int64(a.ttl.Seconds()))
+	if err != nil {
+		return 0, err
+	}
+	a.lastLeaseId = int64(resp.ID)
+	a.allocTime = now
+	a.leaseCnt++
+
+	return int64(resp.ID), nil
+}
+
+func (a *LeaseAlloc) Print(cli *v3.Client) {
+	fmt.Println("total lease: ", a.leaseCnt)
+	resp, err := cli.Lease.Leases(context.TODO())
+	if err != nil {
+		panic(err)
+	}
+	fmt.Println("left leases: ", len(resp.Leases))
+
+	var invalidLeaseCnt int
+	for _, l := range resp.Leases {
+		resp, err := cli.Lease.TimeToLive(context.TODO(), l.ID)
+		if err != nil {
+			fmt.Println(err)
+		} else {
+			if resp != nil && resp.TTL < 0 {
+				invalidLeaseCnt++
+			}
+		}
+	}
+	fmt.Println("invalid leases: ", invalidLeaseCnt)
+}