diff --git a/crypto/keys/multisig/multisig.go b/crypto/keys/multisig/multisig.go
index 10f7d2e04000..acd2dbd8553c 100644
--- a/crypto/keys/multisig/multisig.go
+++ b/crypto/keys/multisig/multisig.go
@@ -77,7 +77,7 @@ func (m *LegacyAminoPubKey) VerifyMultisignature(getSignBytes multisigtypes.GetS
 				if err != nil {
 					return err
 				}
-				if !pubKeys[i].VerifySignature(msg, si.Signature) {
+				if !signing.VerifySig(msg, si.Signature, pubKeys[i]) {
 					return fmt.Errorf("unable to verify signature at index %d", i)
 				}
 			case *signing.MultiSignatureData:
diff --git a/crypto/types/tx_signature_cache.go b/crypto/types/tx_signature_cache.go
new file mode 100644
index 000000000000..a783df038d9b
--- /dev/null
+++ b/crypto/types/tx_signature_cache.go
@@ -0,0 +1,98 @@
+package types
+
+import (
+	"sync/atomic"
+
+	"github.com/VictoriaMetrics/fastcache"
+	"github.com/spf13/viper"
+)
+
+var (
+	signatureCache *Cache
+)
+
+const (
+	TxHashLen        = 32
+	AddressStringLen = 2 + 20*2
+)
+
+const FlagSigCacheSize = "signature-cache-size"
+
+func init() {
+	// used for ut
+	defaultCache := &Cache{
+		data:      nil,
+		readCount: 0,
+		hitCount:  0,
+	}
+	signatureCache = defaultCache
+}
+
+func InitSignatureCache() {
+	fastCache := fastcache.New((TxHashLen + AddressStringLen) * viper.GetInt(FlagSigCacheSize))
+	signatureCache = &Cache{
+		data: fastCache,
+	}
+}
+
+func SignatureCache() *Cache {
+	return signatureCache
+}
+
+type Cache struct {
+	data      *fastcache.Cache
+	readCount int64
+	hitCount  int64
+}
+
+func (c *Cache) Get(key []byte) ([]byte, bool) {
+	// validate
+	if !c.validate(key) {
+		return nil, false
+	}
+	atomic.AddInt64(&c.readCount, 1)
+	// get cache
+	value, ok := c.data.HasGet(nil, key)
+	if ok {
+		atomic.AddInt64(&c.hitCount, 1)
+		return value, true
+	}
+	return nil, false
+}
+
+func (c *Cache) Add(key []byte, value []byte) {
+	// validate
+	if !c.validate(key) {
+		return
+	}
+	// add cache
+	c.data.Set(key, value)
+}
+
+func (c *Cache) Remove(key []byte) {
+	// validate
+	if !c.validate(key) {
+		return
+	}
+	c.data.Del(key)
+}
+
+func (c *Cache) ReadCount() int64 {
+	return atomic.LoadInt64(&c.readCount)
+}
+
+func (c *Cache) HitCount() int64 {
+	return atomic.LoadInt64(&c.hitCount)
+}
+
+func (c *Cache) validate(key []byte) bool {
+	// validate key
+	if len(key) == 0 {
+		return false
+	}
+	// validate lru cache
+	if c.data == nil {
+		return false
+	}
+	return true
+}
diff --git a/go.mod b/go.mod
index a988b423c8b4..b862bccf0cf3 100644
--- a/go.mod
+++ b/go.mod
@@ -13,6 +13,7 @@ require (
 	cosmossdk.io/store v0.1.0-alpha.1.0.20230328185921-37ba88872dbc
 	cosmossdk.io/x/tx v0.5.1-0.20230407182919-057d2e09bd63
 	github.com/99designs/keyring v1.2.1
+	github.com/VictoriaMetrics/fastcache v1.12.1
 	github.com/armon/go-metrics v0.4.1
 	github.com/bgentry/speakeasy v0.1.1-0.20220910012023-760eaf8b6816
 	github.com/bits-and-blooms/bitset v1.5.0
diff --git a/go.sum b/go.sum
index af9f6a33b6f5..18f09b508f5d 100644
--- a/go.sum
+++ b/go.sum
@@ -78,6 +78,8 @@ github.com/OneOfOne/xxhash v1.2.2/go.mod h1:HSdplMjZKSmBqAxg5vPj2TmRDmfkzw+cTzAE
 github.com/Shopify/goreferrer v0.0.0-20181106222321-ec9c9a553398/go.mod h1:a1uqRtAwp2Xwc6WNPJEufxJ7fx3npB4UV/JOLmbu5I0=
 github.com/Shopify/sarama v1.19.0/go.mod h1:FVkBWblsNy7DGZRfXLU0O9RCGt5g3g3yEuWXgklEdEo=
 github.com/Shopify/toxiproxy v2.1.4+incompatible/go.mod h1:OXgGpZ6Cli1/URJOF1DMxUHB2q5Ap20/P/eIdh4G0pI=
+github.com/VictoriaMetrics/fastcache v1.12.1 h1:i0mICQuojGDL3KblA7wUNlY5lOK6a4bwt3uRKnkZU40=
+github.com/VictoriaMetrics/fastcache v1.12.1/go.mod h1:tX04vaqcNoQeGLD+ra5pU5sWkuxnzWhEzLwhP9w653o=
 github.com/VividCortex/gohistogram v1.0.0 h1:6+hBz+qvs0JOrrNhhmR7lFxo5sINxBCGXrdtl/UvroE=
 github.com/VividCortex/gohistogram v1.0.0/go.mod h1:Pf5mBqqDxYaXu3hDrrU+w6nw50o/4+TcAqDqk/vUH7g=
 github.com/adlio/schema v1.3.3 h1:oBJn8I02PyTB466pZO1UZEn1TV5XLlifBSyMrmHl/1I=
@@ -89,6 +91,8 @@ github.com/alecthomas/template v0.0.0-20190718012654-fb15b899a751/go.mod h1:LOuy
 github.com/alecthomas/units v0.0.0-20151022065526-2efee857e7cf/go.mod h1:ybxpYRFXyAe+OPACYpWeL0wqObRcbAqCMya13uyzqw0=
 github.com/alecthomas/units v0.0.0-20190717042225-c3de453c63f4/go.mod h1:ybxpYRFXyAe+OPACYpWeL0wqObRcbAqCMya13uyzqw0=
 github.com/alecthomas/units v0.0.0-20190924025748-f65c72e2690d/go.mod h1:rBZYJk541a8SKzHPHnH3zbiI+7dagKZ0cgpgrD7Fyho=
+github.com/allegro/bigcache v1.2.1-0.20190218064605-e24eb225f156 h1:eMwmnE/GDgah4HI848JfFxHt+iPb26b4zyfspmqY0/8=
+github.com/allegro/bigcache v1.2.1-0.20190218064605-e24eb225f156/go.mod h1:Cb/ax3seSYIx7SuZdm2G2xzfwmv3TPSk2ucNfQESPXM=
 github.com/antihax/optional v1.0.0/go.mod h1:uupD/76wgC+ih3iEmQUL+0Ugr19nfwCT1kdvxnR2qWY=
 github.com/apache/thrift v0.12.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
 github.com/apache/thrift v0.13.0/go.mod h1:cp2SuWMxlEZw2r+iP2GNCdIi4C1qmUzdZFSVb+bacwQ=
@@ -1091,6 +1095,8 @@ golang.org/x/sys v0.0.0-20220503163025-988cb79eb6c6/go.mod h1:oPkhp1MJrh7nUepCBc
 golang.org/x/sys v0.0.0-20220811171246-fbc7d0a398ab/go.mod h1:oPkhp1MJrh7nUepCBck5+mAzfO9JrbApNNgaTdGDITg=
 golang.org/x/sys v0.0.0-20220908164124-27713097b956/go.mod h1:oPkhp1MJrh7nUepCBck5+mAzfO9JrbApNNgaTdGDITg=
 golang.org/x/sys v0.0.0-20221010170243-090e33056c14/go.mod h1:oPkhp1MJrh7nUepCBck5+mAzfO9JrbApNNgaTdGDITg=
+golang.org/x/sys v0.5.0/go.mod h1:oPkhp1MJrh7nUepCBck5+mAzfO9JrbApNNgaTdGDITg=
+golang.org/x/sys v0.6.0 h1:MVltZSvRTcU2ljQOhs94SXPftV6DCNnZViHeQps87pQ=
 golang.org/x/sys v0.6.0/go.mod h1:oPkhp1MJrh7nUepCBck5+mAzfO9JrbApNNgaTdGDITg=
 golang.org/x/sys v0.7.0 h1:3jlCCIQZPdOYu1h8BkNvLz8Kgwtae2cagcG/VamtZRU=
 golang.org/x/sys v0.7.0/go.mod h1:oPkhp1MJrh7nUepCBck5+mAzfO9JrbApNNgaTdGDITg=
diff --git a/types/tx/signing/signature.go b/types/tx/signing/signature.go
index c5faf4b8d1d4..28be2356e767 100644
--- a/types/tx/signing/signature.go
+++ b/types/tx/signing/signature.go
@@ -1,8 +1,9 @@
 package signing
 
 import (
+	"bytes"
 	"fmt"
-
+	"github.com/cometbft/cometbft/crypto/tmhash"
 	codectypes "github.com/cosmos/cosmos-sdk/codec/types"
 	cryptotypes "github.com/cosmos/cosmos-sdk/crypto/types"
 )
@@ -104,3 +105,19 @@ func (sds *SignatureDescriptors) UnpackInterfaces(unpacker codectypes.AnyUnpacke
 func (sd *SignatureDescriptor) UnpackInterfaces(unpacker codectypes.AnyUnpacker) error {
 	return unpacker.UnpackAny(sd.PublicKey, new(cryptotypes.PubKey))
 }
+
+func VerifySig(signBytes, sig []byte, pubKey cryptotypes.PubKey) bool {
+	hash := tmhash.Sum(append(signBytes, sig...))
+	cachePub, ok := cryptotypes.SignatureCache().Get(hash)
+	if ok {
+		cryptotypes.SignatureCache().Remove(hash)
+		return bytes.Equal(pubKey.Bytes(), cachePub)
+	}
+	if !pubKey.VerifySignature(signBytes, sig) {
+		return false
+	}
+
+	cryptotypes.SignatureCache().Add(hash, pubKey.Bytes())
+
+	return true
+}
diff --git a/x/auth/signing/verify.go b/x/auth/signing/verify.go
index 3ed7df854623..bac89e9396d6 100644
--- a/x/auth/signing/verify.go
+++ b/x/auth/signing/verify.go
@@ -3,7 +3,6 @@ package signing
 import (
 	"context"
 	"fmt"
-
 	cryptotypes "github.com/cosmos/cosmos-sdk/crypto/types"
 	"github.com/cosmos/cosmos-sdk/crypto/types/multisig"
 	sdk "github.com/cosmos/cosmos-sdk/types"
@@ -19,7 +18,7 @@ func VerifySignature(ctx context.Context, pubKey cryptotypes.PubKey, signerData
 		if err != nil {
 			return err
 		}
-		if !pubKey.VerifySignature(signBytes, data.Signature) {
+		if !signing.VerifySig(signBytes, data.Signature, pubKey) {
 			return fmt.Errorf("unable to verify single signer signature")
 		}
 		return nil