diff --git a/AUTHORS.rst b/AUTHORS.rst
index 26716aca..e7683d45 100644
--- a/AUTHORS.rst
+++ b/AUTHORS.rst
@@ -91,4 +91,5 @@ Source Contributors
 - Josh Kim `@jsk56143 <https://github.com/jsk56143>`_
 - Rolf Campbell `@endlisnis <https://github.com/endlisnis>`_
 - zacc `@zacc <https://github.com/zacc>`_
+- Arkadiy Illarionov `@qarkai <https://github.com/qarkai>`_
 - Add "Name <email (optional)> and github profile link" above this line.
diff --git a/CHANGES.rst b/CHANGES.rst
index ab3ece0f..7eee2c55 100644
--- a/CHANGES.rst
+++ b/CHANGES.rst
@@ -6,6 +6,10 @@ Async PRAW follows `semantic versioning <https://semver.org/>`_.
 Unreleased
 ----------
 
+**Changed**
+
+- Drop asyncio_extras dependency, use contextlib.asynccontextmanager instead.
+
 7.7.0 (2023/02/25)
 ------------------
 
diff --git a/asyncpraw/util/token_manager.py b/asyncpraw/util/token_manager.py
index be17a577..3df0adaa 100644
--- a/asyncpraw/util/token_manager.py
+++ b/asyncpraw/util/token_manager.py
@@ -12,9 +12,9 @@
 
 """
 from abc import ABC, abstractmethod
+from contextlib import asynccontextmanager
 
 import aiofiles
-from asyncio_extras import async_contextmanager
 
 from . import _deprecate_args
 
@@ -159,7 +159,7 @@ async def close(self):
         """Close the sqlite3 connection."""
         await self._connection.close()
 
-    @async_contextmanager
+    @asynccontextmanager
     async def connection(self):
         """Asynchronously setup and provide the sqlite3 connection."""
         if self._connection is None:
diff --git a/setup.py b/setup.py
index 936c5732..4792b627 100644
--- a/setup.py
+++ b/setup.py
@@ -66,7 +66,6 @@
         "aiofiles <1",
         "aiohttp <4",
         "aiosqlite <=0.17.0",
-        "asyncio_extras <=1.3.2",
         "asyncprawcore >=2.1, <3",
         "update_checker >=0.18",
     ],