diff --git a/Cargo.lock b/Cargo.lock
index 3697583dfc..141d87dd3d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2759,6 +2759,7 @@ dependencies = [
 name = "snarkvm-circuit-types-field"
 version = "0.16.19"
 dependencies = [
+ "criterion",
  "snarkvm-circuit-environment",
  "snarkvm-circuit-types-boolean",
  "snarkvm-console-types-field",
diff --git a/circuit/types/field/Cargo.toml b/circuit/types/field/Cargo.toml
index acc1367886..918186a710 100644
--- a/circuit/types/field/Cargo.toml
+++ b/circuit/types/field/Cargo.toml
@@ -6,6 +6,11 @@ description = "Field circuit for a decentralized virtual machine"
 license = "Apache-2.0"
 edition = "2021"
 
+[[bench]]
+name = "mul"
+path = "benches/mul.rs"
+harness = false
+
 [dependencies.console]
 package = "snarkvm-console-types-field"
 path = "../../../console/types/field"
@@ -20,6 +25,9 @@ version = "=0.16.19"
 path = "../boolean"
 version = "=0.16.19"
 
+[dev-dependencies.criterion]
+version = "0.5"
+
 [features]
 default = [ "enable_console" ]
 enable_console = [ "console" ]
diff --git a/circuit/types/field/benches/mul.rs b/circuit/types/field/benches/mul.rs
new file mode 100644
index 0000000000..ba93c66267
--- /dev/null
+++ b/circuit/types/field/benches/mul.rs
@@ -0,0 +1,41 @@
+// Copyright (C) 2019-2023 Aleo Systems Inc.
+// This file is part of the snarkVM library.
+
+// 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.
+
+#[macro_use]
+extern crate criterion;
+
+use snarkvm_circuit_environment::*;
+use snarkvm_circuit_types_field::Field;
+
+use criterion::Criterion;
+
+fn bench_mul(c: &mut Criterion) {
+    c.bench_function("Field::mul_assign", move |b| {
+        let one = Field::<Circuit>::one();
+        let two = one.clone() + &one;
+        let mut base = two.clone();
+
+        b.iter(|| {
+            base *= &two;
+        })
+    });
+}
+
+criterion_group! {
+    name = mul;
+    config = Criterion::default();
+    targets = bench_mul
+}
+
+criterion_main!(mul);