diff --git a/src/xrt/auxiliary/util/u_sink.h b/src/xrt/auxiliary/util/u_sink.h
index ade578c78..073fb049b 100644
--- a/src/xrt/auxiliary/util/u_sink.h
+++ b/src/xrt/auxiliary/util/u_sink.h
@@ -96,6 +96,7 @@ u_sink_deinterleaver_create(struct xrt_frame_context *xfctx,
  */
 bool
 u_sink_queue_create(struct xrt_frame_context *xfctx,
+                    uint64_t max_size,
                     struct xrt_frame_sink *downstream,
                     struct xrt_frame_sink **out_xfs);
 
diff --git a/src/xrt/auxiliary/util/u_sink_queue.c b/src/xrt/auxiliary/util/u_sink_queue.c
index 11151b06d..a51d8f7d9 100644
--- a/src/xrt/auxiliary/util/u_sink_queue.c
+++ b/src/xrt/auxiliary/util/u_sink_queue.c
@@ -14,6 +14,11 @@
 #include <stdio.h>
 #include <pthread.h>
 
+struct u_sink_queue_elem
+{
+	struct xrt_frame *frame;
+	struct u_sink_queue_elem *next;
+};
 
 /*!
  * An @ref xrt_frame_sink queue, any frames received will be pushed to the
@@ -33,23 +38,92 @@ struct u_sink_queue
 	//! The consumer of the frames that are queued.
 	struct xrt_frame_sink *consumer;
 
-	//! The current queued frame.
-	struct xrt_frame *frame;
+	//! Front of the queue (oldest frame, first to be consumed)
+	struct u_sink_queue_elem *front;
+
+	//! Back of the queue (newest frame, back->next is always null)
+	struct u_sink_queue_elem *back;
+
+	//! Number of currently enqueued frames
+	uint64_t size;
+
+	//! Max amount of frames before dropping new ones. 0 means unbounded.
+	uint64_t max_size;
 
 	pthread_t thread;
 	pthread_mutex_t mutex;
 	pthread_cond_t cond;
 
-	struct
-	{
-		uint64_t current;
-		uint64_t last;
-	} seq;
-
 	//! Should we keep running.
 	bool running;
 };
 
+//! Call with q->mutex locked.
+static bool
+queue_is_empty(struct u_sink_queue *q)
+{
+	return q->size == 0;
+}
+
+//! Call with q->mutex locked.
+static bool
+queue_is_full(struct u_sink_queue *q)
+{
+	bool is_unbounded = q->max_size == 0;
+	return q->size >= q->max_size && !is_unbounded;
+}
+
+//! Pops the oldest frame, reference counting unchanged.
+//! Call with q->mutex locked.
+static struct xrt_frame *
+queue_pop(struct u_sink_queue *q)
+{
+	assert(!queue_is_empty(q));
+	struct xrt_frame *frame = q->front->frame;
+	struct u_sink_queue_elem *old_front = q->front;
+	q->front = q->front->next;
+	free(old_front);
+	q->size--;
+	if (q->front == NULL) {
+		assert(queue_is_empty(q));
+		q->back = NULL;
+	}
+	return frame;
+}
+
+//! Tries to push a frame and increases its reference count.
+//! Call with q->mutex locked.
+static bool
+queue_try_refpush(struct u_sink_queue *q, struct xrt_frame *xf)
+{
+	if (!queue_is_full(q)) {
+		struct u_sink_queue_elem *elem = U_TYPED_CALLOC(struct u_sink_queue_elem);
+		xrt_frame_reference(&elem->frame, xf);
+		elem->next = NULL;
+		if (q->back == NULL) { // First frame
+			q->front = elem;
+		} else { // Next frame
+			q->back->next = elem;
+		}
+		q->back = elem;
+		q->size++;
+		return true;
+	}
+	return false;
+}
+
+//! Clears the queue and unreferences all of its frames.
+//! Call with q->mutex locked.
+static void
+queue_refclear(struct u_sink_queue *q)
+{
+	while (!queue_is_empty(q)) {
+		assert((q->size > 1) ^ (q->front == q->back));
+		struct xrt_frame *xf = queue_pop(q);
+		xrt_frame_reference(&xf, NULL);
+	}
+}
+
 static void *
 queue_mainloop(void *ptr)
 {
@@ -63,7 +137,7 @@ queue_mainloop(void *ptr)
 	while (q->running) {
 
 		// No new frame, wait.
-		if (q->seq.last >= q->seq.current) {
+		if (queue_is_empty(q)) {
 			pthread_cond_wait(&q->cond, &q->mutex);
 		}
 
@@ -73,23 +147,20 @@ queue_mainloop(void *ptr)
 		}
 
 		// Just in case.
-		if (q->seq.last >= q->seq.current || q->frame == NULL) {
+		if (queue_is_empty(q)) {
 			continue;
 		}
 
 		SINK_TRACE_IDENT(queue_frame);
 
-		// We have a new frame, send it out.
-		q->seq.last = q->seq.current;
-
 		/*
+		 * Dequeue frame.
 		 * We need to take a reference on the current frame, this is to
 		 * keep it alive during the call to the consumer should it be
 		 * replaced. But we no longer need to hold onto the frame on the
-		 * queue so we just move the pointer.
+		 * queue so we just dequeue it.
 		 */
-		frame = q->frame;
-		q->frame = NULL;
+		frame = queue_pop(q);
 
 		/*
 		 * Unlock the mutex when we do the work, so a new frame can be
@@ -126,8 +197,7 @@ queue_frame(struct xrt_frame_sink *xfs, struct xrt_frame *xf)
 
 	// Only schedule new frames if we are running.
 	if (q->running) {
-		q->seq.current++;
-		xrt_frame_reference(&q->frame, xf);
+		queue_try_refpush(q, xf);
 	}
 
 	// Wake up the thread.
@@ -149,7 +219,7 @@ queue_break_apart(struct xrt_frame_node *node)
 	q->running = false;
 
 	// Release any frame waiting for submission.
-	xrt_frame_reference(&q->frame, NULL);
+	queue_refclear(q);
 
 	// Wake up the thread.
 	pthread_cond_signal(&q->cond);
@@ -180,7 +250,10 @@ queue_destroy(struct xrt_frame_node *node)
  */
 
 bool
-u_sink_queue_create(struct xrt_frame_context *xfctx, struct xrt_frame_sink *downstream, struct xrt_frame_sink **out_xfs)
+u_sink_queue_create(struct xrt_frame_context *xfctx,
+                    uint64_t max_size,
+                    struct xrt_frame_sink *downstream,
+                    struct xrt_frame_sink **out_xfs)
 {
 	struct u_sink_queue *q = U_TYPED_CALLOC(struct u_sink_queue);
 	int ret = 0;
@@ -191,6 +264,9 @@ u_sink_queue_create(struct xrt_frame_context *xfctx, struct xrt_frame_sink *down
 	q->consumer = downstream;
 	q->running = true;
 
+	q->size = 0;
+	q->max_size = max_size;
+
 	ret = pthread_mutex_init(&q->mutex, NULL);
 	if (ret != 0) {
 		free(q);
diff --git a/src/xrt/drivers/ht/ht_driver.cpp b/src/xrt/drivers/ht/ht_driver.cpp
index 26a08ede4..46af07cbd 100644
--- a/src/xrt/drivers/ht/ht_driver.cpp
+++ b/src/xrt/drivers/ht/ht_driver.cpp
@@ -714,7 +714,7 @@ ht_device_create(struct xrt_prober *xp, struct t_stereo_camera_calibration *cali
 
 	// This puts u_sink_create_to_r8g8b8_or_l8 on its own thread, so that nothing gets backed up if it runs slower
 	// than the native camera framerate.
-	u_sink_queue_create(&htd->camera.xfctx, tmp, &tmp);
+	u_sink_queue_create(&htd->camera.xfctx, 1, tmp, &tmp);
 
 	// Converts images (we'd expect YUV422 or MJPEG) to R8G8B8. Can take a long time, especially on unoptimized
 	// builds. If it's really slow, triple-check that you built Monado with optimizations!
@@ -722,7 +722,7 @@ ht_device_create(struct xrt_prober *xp, struct t_stereo_camera_calibration *cali
 
 	// Puts the hand tracking code on its own thread, so that nothing upstream of it gets backed up if the hand
 	// tracking code runs slower than the upstream framerate.
-	u_sink_queue_create(&htd->camera.xfctx, tmp, &tmp);
+	u_sink_queue_create(&htd->camera.xfctx, 1, tmp, &tmp);
 
 	xrt_fs_mode *modes;
 	uint32_t count;
diff --git a/src/xrt/state_trackers/gui/gui_scene_calibrate.c b/src/xrt/state_trackers/gui/gui_scene_calibrate.c
index 38a13c321..f0479ba00 100644
--- a/src/xrt/state_trackers/gui/gui_scene_calibrate.c
+++ b/src/xrt/state_trackers/gui/gui_scene_calibrate.c
@@ -320,16 +320,16 @@ scene_render_select(struct gui_scene *scene, struct gui_program *p)
 
 	p->texs[p->num_texs++] = gui_ogl_sink_create("Calibration", cs->xfctx, &rgb);
 	u_sink_create_to_r8g8b8_or_l8(cs->xfctx, rgb, &rgb);
-	u_sink_queue_create(cs->xfctx, rgb, &rgb);
+	u_sink_queue_create(cs->xfctx, 1, rgb, &rgb);
 
 	p->texs[p->num_texs++] = gui_ogl_sink_create("Raw", cs->xfctx, &raw);
 	u_sink_create_to_r8g8b8_or_l8(cs->xfctx, raw, &raw);
-	u_sink_queue_create(cs->xfctx, raw, &raw);
+	u_sink_queue_create(cs->xfctx, 1, raw, &raw);
 
 	t_calibration_stereo_create(cs->xfctx, &cs->params, &cs->status, rgb, &cali);
 	u_sink_split_create(cs->xfctx, raw, cali, &cali);
 	u_sink_deinterleaver_create(cs->xfctx, cali, &cali);
-	u_sink_queue_create(cs->xfctx, cali, &cali);
+	u_sink_queue_create(cs->xfctx, 1, cali, &cali);
 
 	// Just after the camera create a quirk stream.
 	struct u_sink_quirk_params qp;
diff --git a/src/xrt/state_trackers/gui/gui_window_record.c b/src/xrt/state_trackers/gui/gui_window_record.c
index f54a5e38b..e4649fd23 100644
--- a/src/xrt/state_trackers/gui/gui_window_record.c
+++ b/src/xrt/state_trackers/gui/gui_window_record.c
@@ -123,7 +123,7 @@ create_pipeline(struct gui_record_window *rw)
 	if (do_convert) {
 		u_sink_create_to_r8g8b8_or_l8(&rw->gst.xfctx, tmp, &tmp);
 	}
-	u_sink_queue_create(&rw->gst.xfctx, tmp, &tmp);
+	u_sink_queue_create(&rw->gst.xfctx, 1, tmp, &tmp);
 
 	os_mutex_lock(&rw->gst.mutex);
 	rw->gst.gs = gs;
@@ -273,7 +273,7 @@ gui_window_record_init(struct gui_record_window *rw)
 	struct xrt_frame_sink *tmp = NULL;
 	rw->texture.ogl = gui_ogl_sink_create("View", &rw->texture.xfctx, &tmp);
 	u_sink_create_to_r8g8b8_or_l8(&rw->texture.xfctx, tmp, &tmp);
-	u_sink_queue_create(&rw->texture.xfctx, tmp, &rw->texture.sink);
+	u_sink_queue_create(&rw->texture.xfctx, 1, tmp, &rw->texture.sink);
 
 	return true;
 }
diff --git a/src/xrt/state_trackers/prober/p_tracking.c b/src/xrt/state_trackers/prober/p_tracking.c
index bed819a66..49175452f 100644
--- a/src/xrt/state_trackers/prober/p_tracking.c
+++ b/src/xrt/state_trackers/prober/p_tracking.c
@@ -200,7 +200,7 @@ p_factory_ensure_frameserver(struct p_factory *fact)
 	u_sink_create_to_yuv_or_yuyv(&fact->xfctx, xsink, &xsink);
 
 	// Put a queue before it to multi-thread the filter.
-	u_sink_queue_create(&fact->xfctx, xsink, &xsink);
+	u_sink_queue_create(&fact->xfctx, 1, xsink, &xsink);
 
 	struct xrt_frame_sink *ht_sink = NULL;
 	t_hand_create(&fact->xfctx, fact->data, &fact->xth, &ht_sink);