diff --git a/common/neon_rpc/api.py b/common/neon_rpc/api.py
index 64e55df1..36e1ef80 100644
--- a/common/neon_rpc/api.py
+++ b/common/neon_rpc/api.py
@@ -249,6 +249,7 @@ class EvmConfigModel(BaseModel):
     evm_step_cnt: DecIntField
     holder_msg_size: DecIntField
     gas_limit_multiplier_wo_chain_id: DecIntField
+    cancel_timeout: DecIntField
 
     evm_param_dict: dict[str, str] = Field(validation_alias=AliasChoices("config", "evm_param_dict"))
     token_list: list[TokenModel] = Field(validation_alias=AliasChoices("chains", "token_list"))
@@ -380,6 +381,7 @@ def _option_convertor(cls, src_dict: dict[str, Any], dst_dict: dict[str, Any]) -
             ("NEON_HOLDER_MSG_SIZE", "holder_msg_size", -1),
             ("NEON_ACCOUNT_SEED_VERSION", "account_seed_version", -1),
             ("NEON_GAS_LIMIT_MULTIPLIER_NO_CHAINID", "gas_limit_multiplier_wo_chain_id", -1),
+            ("NEON_CANCEL_TIMEOUT", "cancel_timeout", -1),
         )
 
         for src_key, dst_key, default in key_list:
@@ -479,6 +481,7 @@ class HolderAccountModel(BaseModel):
     chain_id: int = Field(default=0)
     evm_step_cnt: int = Field(default=0, validation_alias="steps_executed")
     account_key_list: list[SolPubKeyField] = Field(default_factory=list, validation_alias="accounts")
+    last_used_slot: int = Field(default=0, validation_alias="last_used_slot")
 
     tx_type: int = Field(default=0)
     max_fee_per_gas: HexUIntField = Field(default=0)
@@ -515,7 +518,6 @@ def is_active(self) -> bool:
     def is_finalized(self) -> bool:
         return self.status == HolderAccountStatus.Finalized
 
-
 class _CrateModel(BaseModel):
     name: str
     version: str
diff --git a/proxy/executor/strategy_iterative.py b/proxy/executor/strategy_iterative.py
index 67bbd81b..be526303 100644
--- a/proxy/executor/strategy_iterative.py
+++ b/proxy/executor/strategy_iterative.py
@@ -8,6 +8,7 @@
 
 from common.neon.neon_program import NeonEvmIxCode, NeonIxMode
 from common.neon_rpc.api import HolderAccountModel
+from common.solana.commit_level import SolCommit
 from common.solana.transaction import SolTx
 from common.solana.transaction_legacy import SolLegacyTx
 from common.solana_rpc.errors import (
@@ -49,7 +50,6 @@ async def is_finalized(self) -> bool:
 
         return self.is_valid and self._holder_acct.is_finalized
 
-
 class _SolTxListSender(SolTxListSender):
     def __init__(self, *args, holder_account_validator: _HolderAccountValidator) -> None:
         super().__init__(*args)
@@ -136,6 +136,9 @@ async def cancel(self) -> ExecTxRespCode | None:
         elif await self._recheck_tx_list(self._cancel_name):
             # cancel is completed
             return ExecTxRespCode.Failed
+        current_slot = await self._ctx._sol_client.get_slot(SolCommit.Confirmed)
+        if (current_slot  - self._holder_acct.last_used_slot) < self._ctx._cancel_timeout:
+            return ExecTxRespCode.Failed
 
         # generate cancel tx with the default CU budget
         self._reset_to_def()
diff --git a/proxy/executor/transaction_executor_ctx.py b/proxy/executor/transaction_executor_ctx.py
index 3dc62123..f2487c4a 100644
--- a/proxy/executor/transaction_executor_ctx.py
+++ b/proxy/executor/transaction_executor_ctx.py
@@ -106,6 +106,7 @@ def __init__(
 
     def init_neon_prog(self, evm_cfg: EvmConfigModel) -> Self:
         self._evm_step_cnt_per_iter = evm_cfg.evm_step_cnt
+        self._cancel_timeout = evm_cfg.cancel_timeout
         NeonProg.init_prog(evm_cfg.treasury_pool_cnt, evm_cfg.treasury_pool_seed, evm_cfg.version)
         return self