diff --git a/examples/graceful-shutdown/Cargo.toml b/examples/graceful-shutdown/Cargo.toml
index 0644ae2ccf..fd9c09e35f 100644
--- a/examples/graceful-shutdown/Cargo.toml
+++ b/examples/graceful-shutdown/Cargo.toml
@@ -6,5 +6,10 @@ publish = false
 
 [dependencies]
 axum = { path = "../../axum" }
-hyper = { version = "1.0.0", features = ["full"] }
+hyper = { version = "1.0", features = [] }
+hyper-util = { version = "0.1", features = ["tokio", "server-auto", "http1"] }
 tokio = { version = "1.0", features = ["full"] }
+tower = { version = "0.4", features = ["util"] }
+tower-http = { version = "0.5", features = ["timeout", "trace"] }
+tracing = "0.1"
+tracing-subscriber = { version = "0.3", features = ["env-filter"] }
diff --git a/examples/graceful-shutdown/src/main.rs b/examples/graceful-shutdown/src/main.rs
index a0e45b7c7b..8932b54bee 100644
--- a/examples/graceful-shutdown/src/main.rs
+++ b/examples/graceful-shutdown/src/main.rs
@@ -4,57 +4,166 @@
 //! cargo run -p example-graceful-shutdown
 //! kill or ctrl-c
 //! ```
+//!
+//! Supporting graceful shutdown requires a bit of boilerplate. In the future hyper-util will
+//! provide convenience helpers but for now we have to use hyper directly.
+
+use std::time::Duration;
+
+use axum::{extract::Request, routing::get, Router};
+use hyper::body::Incoming;
+use hyper_util::rt::TokioIo;
+use tokio::net::TcpListener;
+use tokio::signal;
+use tokio::sync::watch;
+use tokio::time::sleep;
+use tower::Service;
+use tower_http::timeout::TimeoutLayer;
+use tower_http::trace::TraceLayer;
+use tracing::debug;
+use tracing_subscriber::{layer::SubscriberExt, util::SubscriberInitExt};
+
+#[tokio::main]
+async fn main() {
+    // Enable tracing.
+    tracing_subscriber::registry()
+        .with(
+            tracing_subscriber::EnvFilter::try_from_default_env()
+                .unwrap_or_else(|_| "example_graceful_shutdown=debug,tower_http=debug".into()),
+        )
+        .with(tracing_subscriber::fmt::layer())
+        .init();
+
+    // Create a regular axum app.
+    let app = Router::new()
+        .route("/slow", get(|| sleep(Duration::from_secs(5))))
+        .route("/forever", get(std::future::pending::<()>))
+        .layer((
+            TraceLayer::new_for_http(),
+            // Graceful shutdown will wait for outstanding requests to complete. Add a timeout so
+            // requests don't hang forever.
+            TimeoutLayer::new(Duration::from_secs(10)),
+        ));
+
+    // Create a `TcpListener` using tokio.
+    let listener = TcpListener::bind("0.0.0.0:3000").await.unwrap();
+
+    // Create a watch channel to track tasks that are handling connections and wait for them to
+    // complete.
+    let (close_tx, close_rx) = watch::channel(());
+
+    // Continuously accept new connections.
+    loop {
+        let (socket, remote_addr) = tokio::select! {
+            // Either accept a new connection...
+            result = listener.accept() => {
+                result.unwrap()
+            }
+            // ...or wait to receive a shutdown signal and stop the accept loop.
+            _ = shutdown_signal() => {
+                debug!("signal received, not accepting new connections");
+                break;
+            }
+        };
+
+        debug!("connection {remote_addr} accepted");
+
+        // We don't need to call `poll_ready` because `Router` is always ready.
+        let tower_service = app.clone();
+
+        // Clone the watch receiver and move it into the task.
+        let close_rx = close_rx.clone();
+
+        // Spawn a task to handle the connection. That way we can serve multiple connections
+        // concurrently.
+        tokio::spawn(async move {
+            // Hyper has its own `AsyncRead` and `AsyncWrite` traits and doesn't use tokio.
+            // `TokioIo` converts between them.
+            let socket = TokioIo::new(socket);
 
-// TODO
-fn main() {
-    eprint!("this example has not yet been updated to hyper 1.0");
+            // Hyper also has its own `Service` trait and doesn't use tower. We can use
+            // `hyper::service::service_fn` to create a hyper `Service` that calls our app through
+            // `tower::Service::call`.
+            let hyper_service = hyper::service::service_fn(move |request: Request<Incoming>| {
+                // We have to clone `tower_service` because hyper's `Service` uses `&self` whereas
+                // tower's `Service` requires `&mut self`.
+                //
+                // We don't need to call `poll_ready` since `Router` is always ready.
+                tower_service.clone().call(request)
+            });
+
+            // `hyper_util::server::conn::auto::Builder` supports both http1 and http2 but doesn't
+            // support graceful so we have to use hyper directly and unfortunately pick between
+            // http1 and http2.
+            let conn = hyper::server::conn::http1::Builder::new()
+                .serve_connection(socket, hyper_service)
+                // `with_upgrades` is required for websockets.
+                .with_upgrades();
+
+            // `graceful_shutdown` requires a pinned connection.
+            let mut conn = std::pin::pin!(conn);
+
+            loop {
+                tokio::select! {
+                    // Poll the connection. This completes when the client has closed the
+                    // connection, graceful shutdown has completed, or we encounter a TCP error.
+                    result = conn.as_mut() => {
+                        if let Err(err) = result {
+                            debug!("failed to serve connection: {err:#}");
+                        }
+                        break;
+                    }
+                    // Start graceful shutdown when we receive a shutdown signal.
+                    //
+                    // We use a loop to continue polling the connection to allow requests to finish
+                    // after starting graceful shutdown. Our `Router` has `TimeoutLayer` so
+                    // requests will finish after at most 10 seconds.
+                    _ = shutdown_signal() => {
+                        debug!("signal received, starting graceful shutdown");
+                        conn.as_mut().graceful_shutdown();
+                    }
+                }
+            }
+
+            debug!("connection {remote_addr} closed");
+
+            // Drop the watch receiver to signal to `main` that this task is done.
+            drop(close_rx);
+        });
+    }
+
+    // We only care about the watch receivers that were moved into the tasks so close the residual
+    // receiver.
+    drop(close_rx);
+
+    // Close the listener to stop accepting new connections.
+    drop(listener);
+
+    // Wait for all tasks to complete.
+    debug!("waiting for {} tasks to finish", close_tx.receiver_count());
+    close_tx.closed().await;
 }
 
-// use axum::{response::Html, routing::get, Router};
-// use std::net::SocketAddr;
-// use tokio::signal;
-
-// #[tokio::main]
-// async fn main() {
-//     // build our application with a route
-//     let app = Router::new().route("/", get(handler));
-
-//     // run it
-//     let addr = SocketAddr::from(([127, 0, 0, 1], 3000));
-//     println!("listening on {}", addr);
-//     hyper::Server::bind(&addr)
-//         .serve(app.into_make_service())
-//         .with_graceful_shutdown(shutdown_signal())
-//         .await
-//         .unwrap();
-// }
-
-// async fn handler() -> Html<&'static str> {
-//     Html("<h1>Hello, World!</h1>")
-// }
-
-// async fn shutdown_signal() {
-//     let ctrl_c = async {
-//         signal::ctrl_c()
-//             .await
-//             .expect("failed to install Ctrl+C handler");
-//     };
-
-//     #[cfg(unix)]
-//     let terminate = async {
-//         signal::unix::signal(signal::unix::SignalKind::terminate())
-//             .expect("failed to install signal handler")
-//             .recv()
-//             .await;
-//     };
-
-//     #[cfg(not(unix))]
-//     let terminate = std::future::pending::<()>();
-
-//     tokio::select! {
-//         _ = ctrl_c => {},
-//         _ = terminate => {},
-//     }
-
-//     println!("signal received, starting graceful shutdown");
-// }
+async fn shutdown_signal() {
+    let ctrl_c = async {
+        signal::ctrl_c()
+            .await
+            .expect("failed to install Ctrl+C handler");
+    };
+
+    #[cfg(unix)]
+    let terminate = async {
+        signal::unix::signal(signal::unix::SignalKind::terminate())
+            .expect("failed to install signal handler")
+            .recv()
+            .await;
+    };
+
+    #[cfg(not(unix))]
+    let terminate = std::future::pending::<()>();
+
+    tokio::select! {
+        _ = ctrl_c => {},
+        _ = terminate => {},
+    }
+}