diff --git a/src/tribler-core/tribler_core/notifier.py b/src/tribler-core/tribler_core/notifier.py
index cdefd7fa902..1afc67b4da0 100644
--- a/src/tribler-core/tribler_core/notifier.py
+++ b/src/tribler-core/tribler_core/notifier.py
@@ -7,7 +7,11 @@
 class Notifier:
     def __init__(self):
         self.logger = logging.getLogger(self.__class__.__name__)
-        self.observers: Dict[str, set] = defaultdict(set)
+
+        # we use type Dict for `self.observers` for providing the deterministic order of callbacks
+        # Therefore `value: bool` here is unnecessary, and it just newer use.
+        self.observers: Dict[str, Dict[Callable, bool]] = defaultdict(dict)
+
         # @ichorid:
         # We have to note the event loop reference, because when we call "notify" from an external thread,
         # we don't know anything about the existence of the event loop, and get_event_loop() can't find
@@ -17,26 +21,34 @@ def __init__(self):
         self._loop = get_event_loop()
 
     def add_observer(self, topic: str, callback: Callable):
+        """ Add the observer for the topic.
+        Order of the added callbacks will be the same order for the calling the callbacks.
+        `add_observer` doesn't support duplicated callbacks.
+        """
         self.logger.debug(f"Add observer topic {topic}")
-        self.observers[topic].add(callback)
+        self.observers[topic][callback] = True
 
     def remove_observer(self, topic: str, callback: Callable):
+        """ Remove the observer from the topic. In the case of a missed callback no error will be raised.
+        """
         self.logger.debug(f"Remove observer topic {topic}")
-        self.observers[topic].discard(callback)
+        self.observers[topic].pop(callback, None)
 
     def notify(self, topic: str, *args, **kwargs):
-        def _notify(_topic, _kwargs, *_args):
-            for callback in self.observers[_topic]:
-                try:
-                    callback(*_args, **_kwargs)
-                except Exception as _e:  # pylint: disable=broad-except
-                    self.logger.exception(_e)
+        """ Notify all observers about the topic.
 
+        Each call of observer's callback is isolated and an exception that could
+        occur in this call will not affect all other calls.
+        """
         try:
-            # @ichorid:
-            # We have to call the notifier callbacks through call_soon_threadsafe
-            # because the notify method could have been called from a non-reactor thread
-            self._loop.call_soon_threadsafe(_notify, topic, kwargs, *args)
+            for callback in list(self.observers[topic]):
+                def _notify(_callback):
+                    _callback(*args, **kwargs)
+
+                # @ichorid:
+                # We have to call the notifier callbacks through call_soon_threadsafe
+                # because the notify method could have been called from a non-reactor thread
+                self._loop.call_soon_threadsafe(_notify, callback)
         except RuntimeError as e:
             # Raises RuntimeError if called on a loop that’s been closed.
             # This can happen on a secondary thread when the main application is shutting down.
diff --git a/src/tribler-core/tribler_core/tests/test_notifier.py b/src/tribler-core/tribler_core/tests/test_notifier.py
index 859e3c785bd..449249ad839 100644
--- a/src/tribler-core/tribler_core/tests/test_notifier.py
+++ b/src/tribler-core/tribler_core/tests/test_notifier.py
@@ -5,7 +5,6 @@
 
 from tribler_core.notifier import Notifier
 
-
 # pylint: disable=redefined-outer-name, protected-access
 
 @pytest.fixture
@@ -52,14 +51,17 @@ async def test_notifier_remove_nonexistent_observer(notifier: Notifier):
 
 @pytest.mark.asyncio
 async def test_notifier_remove_observer(notifier: Notifier):
-    def callback():
+    def callback1():
         ...
 
-    notifier.add_observer('topic', lambda: None)
-    notifier.add_observer('topic', callback)
+    def callback2():
+        ...
 
-    notifier.remove_observer('topic', callback)
-    assert len(notifier.observers['topic']) == 1
+    notifier.add_observer('topic', callback1)
+    notifier.add_observer('topic', callback2)
+
+    notifier.remove_observer('topic', callback1)
+    assert notifier.observers['topic'] == {callback2: True}
 
 
 @pytest.mark.timeout(1)
@@ -87,6 +89,7 @@ async def test_notify_with_exception(notifier: Notifier):
 
     notifier.add_observer('topic', side_effect_callback.callback)
     notifier.add_observer('topic', normal_callback.callback)
+    notifier.add_observer('topic', side_effect_callback.callback)
 
     notifier.notify('topic')
 
@@ -102,6 +105,7 @@ async def test_notify_call_soon_threadsafe_with_exception(notifier: Notifier):
     notifier.logger = Mock()
     notifier._loop = Mock(call_soon_threadsafe=Mock(side_effect=RuntimeError))
 
+    notifier.add_observer('topic', lambda: ...)
     notifier.notify('topic')
 
     notifier.logger.warning.assert_called_once()