diff --git a/tests/unit/ast/test_pre_parser.py b/tests/unit/ast/test_pre_parser.py
index 3dcf48e9a4..fd24586a46 100644
--- a/tests/unit/ast/test_pre_parser.py
+++ b/tests/unit/ast/test_pre_parser.py
@@ -209,6 +209,25 @@ def test_parse_pragmas(code, pre_parse_settings, compiler_data_settings, mock_ve
     assert compiler_data.settings == compiler_data_settings
 
 
+pragma_venom = [
+    """
+    #pragma venom
+    """,
+    """
+    #pragma experimental-codegen
+    """,
+]
+
+
+@pytest.mark.parametrize("code", pragma_venom)
+def test_parse_venom_pragma(code):
+    pre_parse_result = pre_parse(code)
+    assert pre_parse_result.settings.experimental_codegen is True
+
+    compiler_data = CompilerData(code)
+    assert compiler_data.settings.experimental_codegen is True
+
+
 invalid_pragmas = [
     # evm-versionnn
     """
@@ -236,6 +255,15 @@ def test_parse_pragmas(code, pre_parse_settings, compiler_data_settings, mock_ve
 # pragma evm-version cancun
 # pragma evm-version shanghai
     """,
+    # duplicate setting of venom
+    """
+    #pragma venom
+    #pragma experimental-codegen
+    """,
+    """
+    #pragma venom
+    #pragma venom
+    """,
 ]
 
 
diff --git a/tests/unit/cli/vyper_json/test_compile_json.py b/tests/unit/cli/vyper_json/test_compile_json.py
index 55fdc4a6b3..d3386b567c 100644
--- a/tests/unit/cli/vyper_json/test_compile_json.py
+++ b/tests/unit/cli/vyper_json/test_compile_json.py
@@ -9,6 +9,7 @@
     compile_json,
     exc_handler_to_dict,
     get_inputs,
+    get_settings,
 )
 from vyper.compiler import OUTPUT_FORMATS, compile_code, compile_from_file_input
 from vyper.compiler.input_bundle import JSONInputBundle
@@ -319,3 +320,38 @@ def test_compile_json_with_abi_top(make_input_bundle):
     """
     input_bundle = make_input_bundle({"stream.json": stream, "code.vy": code})
     vyper.compiler.compile_code(code, input_bundle=input_bundle)
+
+
+def test_compile_json_with_experimental_codegen():
+    code = {
+        "language": "Vyper",
+        "sources": {"foo.vy": {"content": "@external\ndef foo() -> bool:\n    return True"}},
+        "settings": {
+            "evmVersion": "cancun",
+            "optimize": "gas",
+            "venom": True,
+            "search_paths": [],
+            "outputSelection": {"*": ["ast"]},
+        },
+    }
+
+    settings = get_settings(code)
+    assert settings.experimental_codegen is True
+
+
+def test_compile_json_with_both_venom_aliases():
+    code = {
+        "language": "Vyper",
+        "sources": {"foo.vy": {"content": ""}},
+        "settings": {
+            "evmVersion": "cancun",
+            "optimize": "gas",
+            "experimentalCodegen": False,
+            "venom": False,
+            "search_paths": [],
+            "outputSelection": {"*": ["ast"]},
+        },
+    }
+    with pytest.raises(JSONError) as e:
+        get_settings(code)
+    assert e.value.args[0] == "both experimentalCodegen and venom cannot be set"
diff --git a/vyper/ast/pre_parser.py b/vyper/ast/pre_parser.py
index 07ba1d2d0d..5d2abcf645 100644
--- a/vyper/ast/pre_parser.py
+++ b/vyper/ast/pre_parser.py
@@ -265,10 +265,10 @@ def pre_parse(code: str) -> PreParseResult:
                         if evm_version not in EVM_VERSIONS:
                             raise StructureException(f"Invalid evm version: `{evm_version}`", start)
                         settings.evm_version = evm_version
-                    elif pragma.startswith("experimental-codegen"):
+                    elif pragma.startswith("experimental-codegen") or pragma.startswith("venom"):
                         if settings.experimental_codegen is not None:
                             raise StructureException(
-                                "pragma experimental-codegen specified twice!", start
+                                "pragma experimental-codegen/venom specified twice!", start
                             )
                         settings.experimental_codegen = True
                     elif pragma.startswith("enable-decimals"):
diff --git a/vyper/cli/vyper_compile.py b/vyper/cli/vyper_compile.py
index 5999aed178..fde35f781e 100755
--- a/vyper/cli/vyper_compile.py
+++ b/vyper/cli/vyper_compile.py
@@ -176,6 +176,7 @@ def _parse_args(argv):
     parser.add_argument("-o", help="Set the output path", dest="output_path")
     parser.add_argument(
         "--experimental-codegen",
+        "--venom",
         help="The compiler use the new IR codegen. This is an experimental feature.",
         action="store_true",
         dest="experimental_codegen",
diff --git a/vyper/cli/vyper_json.py b/vyper/cli/vyper_json.py
index 7d0e6064af..9fcdf27baf 100755
--- a/vyper/cli/vyper_json.py
+++ b/vyper/cli/vyper_json.py
@@ -253,7 +253,13 @@ def get_settings(input_dict: dict) -> Settings:
     evm_version = get_evm_version(input_dict)
 
     optimize = input_dict["settings"].get("optimize")
+
     experimental_codegen = input_dict["settings"].get("experimentalCodegen")
+    if experimental_codegen is None:
+        experimental_codegen = input_dict["settings"].get("venom")
+    elif input_dict["settings"].get("venom") is not None:
+        raise JSONError("both experimentalCodegen and venom cannot be set")
+
     if isinstance(optimize, bool):
         # bool optimization level for backwards compatibility
         warnings.warn(
diff --git a/vyper/compiler/settings.py b/vyper/compiler/settings.py
index 7c20e03906..a8e28c1ed1 100644
--- a/vyper/compiler/settings.py
+++ b/vyper/compiler/settings.py
@@ -77,7 +77,7 @@ def as_cli(self):
         if self.optimize is not None:
             ret.append(" --optimize " + str(self.optimize))
         if self.experimental_codegen is True:
-            ret.append(" --experimental-codegen")
+            ret.append(" --venom")
         if self.evm_version is not None:
             ret.append(" --evm-version " + self.evm_version)
         if self.debug is True: