diff --git a/lbrynet/utils.py b/lbrynet/utils.py
index 19498444e..0bde133e2 100644
--- a/lbrynet/utils.py
+++ b/lbrynet/utils.py
@@ -15,6 +15,7 @@ import contextlib
 import certifi
 import aiohttp
 import functools
+import collections
 from lbrynet.schema.claim import Claim
 from lbrynet.cryptoutils import get_lbry_hash_obj
 
@@ -201,6 +202,59 @@ async def resolve_host(url: str, port: int, proto: str) -> str:
     ))[0][4][0]
 
 
+class LRUCache:
+    __slots__ = [
+        'capacity',
+        'cache'
+    ]
+
+    def __init__(self, capacity):
+        self.capacity = capacity
+        self.cache = collections.OrderedDict()
+
+    def get(self, key):
+        value = self.cache.pop(key)
+        self.cache[key] = value
+        return value
+
+    def set(self, key, value):
+        try:
+            self.cache.pop(key)
+        except KeyError:
+            if len(self.cache) >= self.capacity:
+                self.cache.popitem(last=False)
+        self.cache[key] = value
+
+    def __contains__(self, item) -> bool:
+        return item in self.cache
+
+
+def lru_cache_concurrent(cache_size: int):
+    if not cache_size > 0:
+        raise ValueError("invalid cache size")
+    concurrent_cache = {}
+    lru_cache = LRUCache(cache_size)
+
+    def wrapper(async_fn):
+
+        @functools.wraps(async_fn)
+        async def _inner(*args, **kwargs):
+            key = tuple([args, tuple([tuple([k, kwargs[k]]) for k in kwargs])])
+            if key in lru_cache:
+                return lru_cache.get(key)
+
+            concurrent_cache[key] = concurrent_cache.get(key) or asyncio.create_task(async_fn(*args, **kwargs))
+
+            try:
+                result = await concurrent_cache[key]
+                lru_cache.set(key, result)
+                return result
+            finally:
+                concurrent_cache.pop(key, None)
+        return _inner
+    return wrapper
+
+
 def get_ssl_context() -> ssl.SSLContext:
     return ssl.create_default_context(
         purpose=ssl.Purpose.CLIENT_AUTH, capath=certifi.where()
diff --git a/lbrynet/wallet/resolve.py b/lbrynet/wallet/resolve.py
index a17fbfb59..9e9068bbf 100644
--- a/lbrynet/wallet/resolve.py
+++ b/lbrynet/wallet/resolve.py
@@ -1,11 +1,10 @@
 import logging
 
 import asyncio
-from functools import lru_cache
 
 from cryptography.exceptions import InvalidSignature
 from binascii import unhexlify, hexlify
-
+from lbrynet.utils import lru_cache_concurrent
 from lbrynet.wallet.account import validate_claim_id
 from lbrynet.wallet.dewies import dewies_to_lbc
 from lbrynet.error import UnknownNameError, UnknownClaimID, UnknownURI, UnknownOutpoint
@@ -51,11 +50,9 @@ class Resolver:
         results = await asyncio.gather(*futs)
         return dict(list(map(lambda result: list(result.items())[0], results)))
 
-    @lru_cache(256)
-    def _fetch_tx(self, txid):
-        async def __fetch_parse(txid):
-            return self.transaction_class(unhexlify(await self.network.get_transaction(txid)))
-        return asyncio.ensure_future(__fetch_parse(txid))
+    @lru_cache_concurrent(256)
+    async def _fetch_tx(self, txid):
+        return self.transaction_class(unhexlify(await self.network.get_transaction(txid)))
 
     async def _handle_resolutions(self, resolutions, requested_uris, page, page_size, claim_trie_root):
         results = {}