diff --git a/Library/Homebrew/.rubocop.yml b/Library/Homebrew/.rubocop.yml
index 69df9b23f3..c14a7bc83e 100644
--- a/Library/Homebrew/.rubocop.yml
+++ b/Library/Homebrew/.rubocop.yml
@@ -40,6 +40,7 @@ Style/Documentation:
     - livecheck/strategy/apache.rb
     - livecheck/strategy/bitbucket.rb
     - livecheck/strategy/cpan.rb
+    - livecheck/strategy/crate.rb
     - livecheck/strategy/extract_plist.rb
     - livecheck/strategy/git.rb
     - livecheck/strategy/github_latest.rb
diff --git a/Library/Homebrew/livecheck/strategy.rb b/Library/Homebrew/livecheck/strategy.rb
index e17e13a646..1fd2c556ec 100644
--- a/Library/Homebrew/livecheck/strategy.rb
+++ b/Library/Homebrew/livecheck/strategy.rb
@@ -266,6 +266,7 @@ end
 require_relative "strategy/apache"
 require_relative "strategy/bitbucket"
 require_relative "strategy/cpan"
+require_relative "strategy/crate"
 require_relative "strategy/electron_builder"
 require_relative "strategy/extract_plist"
 require_relative "strategy/git"
diff --git a/Library/Homebrew/livecheck/strategy/crate.rb b/Library/Homebrew/livecheck/strategy/crate.rb
new file mode 100644
index 0000000000..b9bfd37a6e
--- /dev/null
+++ b/Library/Homebrew/livecheck/strategy/crate.rb
@@ -0,0 +1,111 @@
+# typed: true
+# frozen_string_literal: true
+
+module Homebrew
+  module Livecheck
+    module Strategy
+      # The {Crate} strategy identifies versions of a Rust crate by checking
+      # the information from the `versions` API endpoint.
+      #
+      # Crate URLs have the following format:
+      #   `https://static.crates.io/crates/example/example-1.2.3.crate`
+      #
+      # The default regex identifies versions like `1.2.3`/`v1.2.3` from the
+      # version `num` field. This is a common version format but a different
+      # regex can be provided in a `livecheck` block to override the default
+      # if a package uses a different format (e.g. `1.2.3d`, `1.2.3-4`, etc.).
+      #
+      # @api public
+      class Crate
+        # The default regex used to identify versions when a regex isn't
+        # provided.
+        DEFAULT_REGEX = /^v?(\d+(?:\.\d+)+)$/i
+
+        # The default `strategy` block used to extract version information when
+        # a `strategy` block isn't provided.
+        DEFAULT_BLOCK = proc do |json, regex|
+          json["versions"]&.map do |version|
+            next if version["yanked"]
+            next unless (match = version["num"]&.match(regex))
+
+            match[1]
+          end
+        end.freeze
+
+        # The `Regexp` used to determine if the strategy applies to the URL.
+        URL_MATCH_REGEX = %r{
+          ^https?://static\.crates\.io/crates
+          /(?<package>[^/]+) # The name of the package
+          /.+\.crate # The crate filename
+        }ix
+
+        # Whether the strategy can be applied to the provided URL.
+        #
+        # @param url [String] the URL to match against
+        # @return [Boolean]
+        sig { params(url: String).returns(T::Boolean) }
+        def self.match?(url)
+          URL_MATCH_REGEX.match?(url)
+        end
+
+        # Extracts information from a provided URL and uses it to generate
+        # various input values used by the strategy to check for new versions.
+        #
+        # @param url [String] the URL used to generate values
+        # @return [Hash]
+        sig { params(url: String).returns(T::Hash[Symbol, T.untyped]) }
+        def self.generate_input_values(url)
+          values = {}
+          return values unless (match = url.match(URL_MATCH_REGEX))
+
+          values[:url] = "https://crates.io/api/v1/crates/#{match[:package]}/versions"
+
+          values
+        end
+
+        # Generates a URL and checks the content at the URL for new versions
+        # using {Json#versions_from_content}.
+        #
+        # @param url [String] the URL of the content to check
+        # @param regex [Regexp, nil] a regex for matching versions in content
+        # @param provided_content [String, nil] content to check instead of
+        #   fetching
+        # @param homebrew_curl [Boolean] whether to use brewed curl with the URL
+        # @return [Hash]
+        sig {
+          params(
+            url:              String,
+            regex:            T.nilable(Regexp),
+            provided_content: T.nilable(String),
+            homebrew_curl:    T::Boolean,
+            _unused:          T.nilable(T::Hash[Symbol, T.untyped]),
+            block:            T.nilable(Proc),
+          ).returns(T::Hash[Symbol, T.untyped])
+        }
+        def self.find_versions(url:, regex: nil, provided_content: nil, homebrew_curl: false, **_unused, &block)
+          match_data = { matches: {}, regex: regex, url: url }
+          match_data[:cached] = true if provided_content.is_a?(String)
+
+          generated = generate_input_values(url)
+          return match_data if generated.blank?
+
+          match_data[:url] = generated[:url]
+
+          content = if provided_content
+            provided_content
+          else
+            match_data.merge!(Strategy.page_content(match_data[:url], homebrew_curl: homebrew_curl))
+            match_data[:content]
+          end
+          return match_data unless content
+
+          Json.versions_from_content(content, regex || DEFAULT_REGEX, &block || DEFAULT_BLOCK).each do |match_text|
+            match_data[:matches][match_text] = Version.new(match_text)
+          end
+
+          match_data
+        end
+      end
+    end
+  end
+end
diff --git a/Library/Homebrew/test/livecheck/strategy/crate_spec.rb b/Library/Homebrew/test/livecheck/strategy/crate_spec.rb
new file mode 100644
index 0000000000..0f3dd87c4a
--- /dev/null
+++ b/Library/Homebrew/test/livecheck/strategy/crate_spec.rb
@@ -0,0 +1,152 @@
+# frozen_string_literal: true
+
+require "livecheck/strategy"
+
+describe Homebrew::Livecheck::Strategy::Crate do
+  subject(:crate) { described_class }
+
+  let(:crate_url) { "https://static.crates.io/crates/example/example-0.1.0.crate" }
+  let(:non_crate_url) { "https://brew.sh/test" }
+
+  let(:regex) { /^v?(\d+(?:\.\d+)+)$/i }
+
+  let(:generated) do
+    { url: "https://crates.io/api/v1/crates/example/versions" }
+  end
+
+  # This is a limited subset of a `versions` response object, for the sake of
+  # testing.
+  let(:content) do
+    <<~EOS
+      {
+        "versions": [
+          {
+            "crate": "example",
+            "created_at": "2023-01-03T00:00:00.000000+00:00",
+            "num": "1.0.2",
+            "updated_at": "2023-01-03T00:00:00.000000+00:00",
+            "yanked": true
+          },
+          {
+            "crate": "example",
+            "created_at": "2023-01-02T00:00:00.000000+00:00",
+            "num": "1.0.1",
+            "updated_at": "2023-01-02T00:00:00.000000+00:00",
+            "yanked": false
+          },
+          {
+            "crate": "example",
+            "created_at": "2023-01-01T00:00:00.000000+00:00",
+            "num": "1.0.0",
+            "updated_at": "2023-01-01T00:00:00.000000+00:00",
+            "yanked": false
+          }
+        ]
+      }
+    EOS
+  end
+
+  let(:matches) { ["1.0.0", "1.0.1"] }
+
+  let(:find_versions_return_hash) do
+    {
+      matches: {
+        "1.0.1" => Version.new("1.0.1"),
+        "1.0.0" => Version.new("1.0.0"),
+      },
+      regex:   regex,
+      url:     generated[:url],
+    }
+  end
+
+  let(:find_versions_cached_return_hash) do
+    find_versions_return_hash.merge({ cached: true })
+  end
+
+  describe "::match?" do
+    it "returns true for a crate URL" do
+      expect(crate.match?(crate_url)).to be true
+    end
+
+    it "returns false for a non-crate URL" do
+      expect(crate.match?(non_crate_url)).to be false
+    end
+  end
+
+  describe "::generate_input_values" do
+    it "returns a hash containing url for a crate URL" do
+      expect(crate.generate_input_values(crate_url)).to eq(generated)
+    end
+
+    it "returns an empty hash for a non-crate URL" do
+      expect(crate.generate_input_values(non_crate_url)).to eq({})
+    end
+  end
+
+  describe "::find_versions" do
+    let(:match_data) do
+      cached = {
+        matches: matches.to_h { |v| [v, Version.new(v)] },
+        regex:   nil,
+        url:     generated[:url],
+        cached:  true,
+      }
+
+      {
+        cached:         cached,
+        cached_default: cached.merge({ matches: {} }),
+      }
+    end
+
+    it "finds versions in provided content" do
+      expect(crate.find_versions(url: crate_url, regex: regex, provided_content: content))
+        .to eq(match_data[:cached].merge({ regex: regex }))
+
+      expect(crate.find_versions(url: crate_url, provided_content: content))
+        .to eq(match_data[:cached])
+    end
+
+    it "finds versions in provided content using a block" do
+      expect(crate.find_versions(url: crate_url, regex: regex, provided_content: content) do |json, regex|
+        json["versions"]&.map do |version|
+          next if version["yanked"] == true
+          next if (match = version["num"]&.match(regex)).blank?
+
+          match[1]
+        end
+      end).to eq(match_data[:cached].merge({ regex: regex }))
+
+      expect(crate.find_versions(url: crate_url, provided_content: content) do |json|
+        json["versions"]&.map do |version|
+          next if version["yanked"] == true
+          next if (match = version["num"]&.match(regex)).blank?
+
+          match[1]
+        end
+      end).to eq(match_data[:cached])
+    end
+
+    it "returns default match_data when block doesn't return version information" do
+      no_match_regex = /will_not_match/i
+
+      expect(crate.find_versions(url: crate_url, provided_content: '{"other":true}'))
+        .to eq(match_data[:cached_default])
+      expect(crate.find_versions(url: crate_url, provided_content: '{"versions":[{}]}'))
+        .to eq(match_data[:cached_default])
+      expect(crate.find_versions(url: crate_url, regex: no_match_regex, provided_content: content))
+        .to eq(match_data[:cached_default].merge({ regex: no_match_regex }))
+    end
+
+    it "returns default match_data when url is blank" do
+      expect(crate.find_versions(url: "") { "1.2.3" })
+        .to eq({ matches: {}, regex: nil, url: "" })
+    end
+
+    it "returns default match_data when content is blank" do
+      expect(crate.find_versions(url: crate_url, provided_content: "{}") { "1.2.3" })
+        .to eq(match_data[:cached_default])
+      expect(crate.find_versions(url: crate_url, provided_content: "") { "1.2.3" })
+        .to eq(match_data[:cached_default])
+    end
+  end
+end
diff --git a/docs/Brew-Livecheck.md b/docs/Brew-Livecheck.md
index 34004bdf5d..36cfce54bf 100644
--- a/docs/Brew-Livecheck.md
+++ b/docs/Brew-Livecheck.md
@@ -239,6 +239,24 @@ end
 
 You can find more information on the response JSON from this API endpoint in the related [GitHub REST API documentation](https://docs.github.com/en/rest/releases/releases?apiVersion=latest#list-releases).
 
+#### `Crate` `strategy` block
+
+A `strategy` block for `Crate` receives parsed JSON data from the registry API's `versions` endpoint and either the provided or default strategy regex. The strategy uses the following logic by default, so this `strategy` block may be a good starting point for a modified approach:
+
+```ruby
+livecheck do
+  url :stable
+  strategy :crate do |json, regex|
+    json["versions"]&.map do |version|
+      next if version["yanked"]
+      next unless (match = version["num"]&.match(regex))
+
+      match[1]
+    end
+  end
+end
+```
+
 #### `ElectronBuilder` `strategy` block
 
 A `strategy` block for `ElectronBuilder` fetches content at a URL and parses it as an electron-builder appcast in YAML format. It's used for casks of macOS applications built using the Electron framework.