diff --git a/.changeset/brave-islands-agree.md b/.changeset/brave-islands-agree.md
new file mode 100644
index 0000000000..b988684f27
--- /dev/null
+++ b/.changeset/brave-islands-agree.md
@@ -0,0 +1,5 @@
+---
+"viem": patch
+---
+
+Fixed an issue in `withCache` where the promise cache would not clear upon rejection.
diff --git a/src/utils/promise/withCache.ts b/src/utils/promise/withCache.ts
index 4b131fb996..0035e10ca8 100644
--- a/src/utils/promise/withCache.ts
+++ b/src/utils/promise/withCache.ts
@@ -59,15 +59,17 @@ export async function withCache<TData>(
     cache.promise.set(promise)
   }
 
-  const data = await promise
+  try {
+    const data = await promise
 
-  // Clear the promise cache so that subsequent invocations will
-  // invoke the promise again.
-  cache.promise.clear()
+    // Store the response in the cache so that subsequent invocations
+    // will return the same response.
+    cache.response.set({ created: new Date(), data })
 
-  // Store the response in the cache so that subsequent invocations
-  // will return the same response.
-  cache.response.set({ created: new Date(), data })
-
-  return data
+    return data
+  } finally {
+    // Clear the promise cache so that subsequent invocations will
+    // invoke the promise again.
+    cache.promise.clear()
+  }
 }