diff --git a/README.md b/README.md
index c6bfcf70..00282bcc 100644
--- a/README.md
+++ b/README.md
@@ -162,7 +162,7 @@ module.exports = (async () => {
 | `--source-maps` / `-s` | Output source maps. `--source-maps inline` for inline source maps. | Disabled |
 | `--no-exec` | Output a file which exports the input rather than executes it. | Exec enabled |
 | `--stats` | Output stats file.<br />Provide filename or `true` for `livepack-stats.json`. | Disabled |
-| `--no-babel-cache` | Disable Babel's cache | Cache enabled |
+| `--no-cache` | Disable instrumentation cache | Cache enabled |
 
 #### Config file
 
@@ -187,7 +187,7 @@ You can set options in a `livepack.config.json` file rather than on command line
   "sourceMaps": true,
   "exec": true,
   "stats": false,
-  "babelCache": true
+  "cache": true
 }
 ```
 
@@ -255,7 +255,7 @@ require('livepack/register')( {
 |-|-|-|-|
 | `esm` | `boolean` | Set to `true` if codebase being serialized contains ECMAScript modules (`import x from 'x'`) | `false` |
 | `jsx` | `boolean` | Set to `true` if codebase being serialized contains JSX | `false` |
-| `cache` | `boolean` | If `true`, Babel cache is used to speed up Livepack | `true` |
+| `cache` | `boolean` | If `true`, instrumentation cache is used to speed up Livepack | `true` |
 
 These options correspond to CLI options, but sometimes named slightly differently.
 
diff --git a/lib/cli.js b/lib/cli.js
index 26e1c994..b1199517 100755
--- a/lib/cli.js
+++ b/lib/cli.js
@@ -147,8 +147,8 @@ const {argv} = yargs
 			throw new Error('--stats option should have no value or string for name of stats file');
 		}
 	})
-	.option('babel-cache', {
-		description: 'Enable Babel cache',
+	.option('cache', {
+		description: 'Enable instrumentation cache',
 		type: 'boolean',
 		default: true
 	})
@@ -179,7 +179,7 @@ const register = require('./register/index.js');
 register({
 	esm: argv.esm,
 	jsx: argv.jsx,
-	cache: argv.babelCache
+	cache: argv.cache
 });
 
 // Serialize