diff --git a/eventlet/__init__.py b/eventlet/__init__.py
index 1d33db0d72..e63c91dd27 100644
--- a/eventlet/__init__.py
+++ b/eventlet/__init__.py
@@ -21,8 +21,11 @@
     # Helpful when CPython < 3.5 on Linux blocked in `os.waitpid(-1)` before first use of hub.
     # Example: gunicorn
     # https://github.com/eventlet/eventlet/issues/401#issuecomment-327500352
-    import monotonic
-    del monotonic
+    try:
+        import monotonic
+        del monotonic
+    except ImportError:
+        pass
 
     connect = convenience.connect
     listen = convenience.listen
diff --git a/eventlet/hubs/hub.py b/eventlet/hubs/hub.py
index 8871082edd..fd28a540a7 100644
--- a/eventlet/hubs/hub.py
+++ b/eventlet/hubs/hub.py
@@ -22,7 +22,11 @@ def alarm_signal(seconds):
 import eventlet.hubs
 from eventlet.hubs import timer
 from eventlet.support import greenlets as greenlet, clear_sys_exc_info
-import monotonic
+try:
+    from monotonic import monotonic
+except ImportError:
+    from time import monotonic
+
 import six
 
 g_prevent_multiple_readers = True
@@ -120,7 +124,7 @@ def __init__(self, clock=None):
         self.closed = []
 
         if clock is None:
-            clock = monotonic.monotonic
+            clock = monotonic
         self.clock = clock
 
         self.greenlet = greenlet.greenlet(self.run)
diff --git a/setup.py b/setup.py
index e61d289887..ef28103d2a 100644
--- a/setup.py
+++ b/setup.py
@@ -18,7 +18,7 @@
         'dnspython >= 1.15.0',
         'enum34;python_version<"3.4"',
         'greenlet >= 0.3',
-        'monotonic >= 1.4',
+        'monotonic >= 1.4;python_version<"3.5"',
         'six >= 1.10.0',
     ),
     zip_safe=False,