diff --git a/go.mod b/go.mod
index d988d82248..9987c10d67 100644
--- a/go.mod
+++ b/go.mod
@@ -20,6 +20,7 @@ require (
 	github.com/golang-jwt/jwt v3.2.2+incompatible
 	github.com/google/uuid v1.3.0
 	github.com/gorilla/websocket v1.4.2
+	github.com/hashicorp/golang-lru/v2 v2.0.7
 	github.com/mattn/go-sqlite3 v1.14.16
 	github.com/naoina/toml v0.1.2-0.20170918210437-9fafd6967416
 	github.com/pkg/errors v0.9.1
diff --git a/go.sum b/go.sum
index 2a2657a0c5..a867591d1b 100644
--- a/go.sum
+++ b/go.sum
@@ -318,6 +318,8 @@ github.com/hashicorp/go-version v1.2.0/go.mod h1:fltr4n8CU8Ke44wwGCBoEymUuxUHl09
 github.com/hashicorp/go.net v0.0.1/go.mod h1:hjKkEWcCURg++eb33jQU7oqQcI9XDCnUzHA0oac0k90=
 github.com/hashicorp/golang-lru v0.5.0/go.mod h1:/m3WP610KZHVQ1SGc6re/UDhFvYD7pJ4Ao+sR/qLZy8=
 github.com/hashicorp/golang-lru v0.5.1/go.mod h1:/m3WP610KZHVQ1SGc6re/UDhFvYD7pJ4Ao+sR/qLZy8=
+github.com/hashicorp/golang-lru/v2 v2.0.7 h1:a+bsQ5rvGLjzHuww6tVxozPZFVghXaHOwFs4luLUK2k=
+github.com/hashicorp/golang-lru/v2 v2.0.7/go.mod h1:QeFd9opnmA6QUJc5vARoKUSoFhyfM2/ZepoAG6RGpeM=
 github.com/hashicorp/hcl v1.0.0/go.mod h1:E5yfLk+7swimpb2L/Alb/PJmXilQ/rhwaUYs4T20WEQ=
 github.com/hashicorp/logutils v1.0.0/go.mod h1:QIAnNjmIWmVIIkWDTG1z5v++HQmx9WQRO+LraFDTW64=
 github.com/hashicorp/mdns v1.0.0/go.mod h1:tL+uN++7HEJ6SQLQ2/p+z2pH24WQKWjBPkE0mNTz8vQ=
diff --git a/go/ethadapter/geth_rpc_client.go b/go/ethadapter/geth_rpc_client.go
index 305bf83a68..20c79c2cc1 100644
--- a/go/ethadapter/geth_rpc_client.go
+++ b/go/ethadapter/geth_rpc_client.go
@@ -8,21 +8,19 @@ import (
 	"math/big"
 	"time"
 
+	"github.com/ethereum/go-ethereum"
 	"github.com/ethereum/go-ethereum/accounts/abi/bind"
+	gethcommon "github.com/ethereum/go-ethereum/common"
+	"github.com/ethereum/go-ethereum/core/types"
+	"github.com/ethereum/go-ethereum/ethclient"
 	gethlog "github.com/ethereum/go-ethereum/log"
 
-	"github.com/ten-protocol/go-ten/contracts/generated/ManagementContract"
-	"github.com/ten-protocol/go-ten/go/common/retry"
-
-	"github.com/ten-protocol/go-ten/go/common/log"
+	lru "github.com/hashicorp/golang-lru/v2"
 
+	"github.com/ten-protocol/go-ten/contracts/generated/ManagementContract"
 	"github.com/ten-protocol/go-ten/go/common"
-
-	"github.com/ethereum/go-ethereum"
-
-	gethcommon "github.com/ethereum/go-ethereum/common"
-	"github.com/ethereum/go-ethereum/core/types"
-	"github.com/ethereum/go-ethereum/ethclient"
+	"github.com/ten-protocol/go-ten/go/common/log"
+	"github.com/ten-protocol/go-ten/go/common/retry"
 )
 
 const (
@@ -30,15 +28,17 @@ const (
 	connRetryInterval       = 500 * time.Millisecond
 	_maxRetryPriceIncreases = 5
 	_retryPriceMultiplier   = 1.2
+	_defaultBlockCacheSize  = 51 // enough for 50 request batch size and one for previous block
 )
 
 // gethRPCClient implements the EthClient interface and allows connection to a real ethereum node
 type gethRPCClient struct {
-	client  *ethclient.Client  // the underlying eth rpc client
-	l2ID    gethcommon.Address // the address of the Obscuro node this client is dedicated to
-	timeout time.Duration      // the timeout for connecting to, or communicating with, the L1 node
-	logger  gethlog.Logger
-	rpcURL  string
+	client     *ethclient.Client  // the underlying eth rpc client
+	l2ID       gethcommon.Address // the address of the Obscuro node this client is dedicated to
+	timeout    time.Duration      // the timeout for connecting to, or communicating with, the L1 node
+	logger     gethlog.Logger
+	rpcURL     string
+	blockCache *lru.Cache[gethcommon.Hash, *types.Block]
 }
 
 // NewEthClientFromURL instantiates a new ethadapter.EthClient that connects to an ethereum node
@@ -49,12 +49,20 @@ func NewEthClientFromURL(rpcURL string, timeout time.Duration, l2ID gethcommon.A
 	}
 
 	logger.Trace(fmt.Sprintf("Initialized eth node connection - addr: %s", rpcURL))
+
+	// cache recent blocks to avoid re-fetching them (they are often re-used for checking for forks etc.)
+	blkCache, err := lru.New[gethcommon.Hash, *types.Block](_defaultBlockCacheSize)
+	if err != nil {
+		return nil, fmt.Errorf("unable to initialize block cache - %w", err)
+	}
+
 	return &gethRPCClient{
-		client:  client,
-		l2ID:    l2ID,
-		timeout: timeout,
-		logger:  logger,
-		rpcURL:  rpcURL,
+		client:     client,
+		l2ID:       l2ID,
+		timeout:    timeout,
+		logger:     logger,
+		rpcURL:     rpcURL,
+		blockCache: blkCache,
 	}, nil
 }
 
@@ -181,10 +189,21 @@ func (e *gethRPCClient) BlockByNumber(n *big.Int) (*types.Block, error) {
 }
 
 func (e *gethRPCClient) BlockByHash(hash gethcommon.Hash) (*types.Block, error) {
+	block, found := e.blockCache.Get(hash)
+	if found {
+		return block, nil
+	}
+
+	// not in cache, fetch from RPC
 	ctx, cancel := context.WithTimeout(context.Background(), e.timeout)
 	defer cancel()
 
-	return e.client.BlockByHash(ctx, hash)
+	block, err := e.client.BlockByHash(ctx, hash)
+	if err != nil {
+		return nil, err
+	}
+	e.blockCache.Add(hash, block)
+	return block, nil
 }
 
 func (e *gethRPCClient) CallContract(msg ethereum.CallMsg) ([]byte, error) {