diff --git a/src/background/services/deduplicator.test.ts b/src/background/services/deduplicator.test.ts
new file mode 100644
index 00000000..052ead22
--- /dev/null
+++ b/src/background/services/deduplicator.test.ts
@@ -0,0 +1,287 @@
+import { Deduplicator } from './deduplicator';
+import { Logger } from '@/shared/logger';
+
+describe('Deduplicator', () => {
+  const deduplicatorService: Deduplicator = new Deduplicator({
+    logger: {
+      debug: jest.fn(),
+    } as unknown as Logger,
+  });
+  let returnValueFn1: { access_token: { value: string; type: string } };
+  let returnValueFn2: { access_token: { value: string; type: string } };
+
+  beforeAll(async (): Promise<void> => {
+    jest.useFakeTimers();
+  });
+
+  beforeEach(() => {
+    jest.runAllTimers();
+    returnValueFn1 = { access_token: { value: 'value1', type: 'quote' } };
+    returnValueFn2 = { access_token: { value: 'value2', type: 'incoming' } };
+  });
+
+  // utility function to create async functions for testing
+  const createAsyncFn = <T>({
+    returnValue,
+    timeout = 0,
+    shouldReject = false,
+    mockFnName = 'mockFn',
+  }: {
+    returnValue: T;
+    timeout?: number;
+    shouldReject?: boolean;
+    mockFnName?: string;
+  }) => {
+    const fn = jest.fn(
+      async (..._args: unknown[]) =>
+        new Promise((resolve, reject) => {
+          try {
+            if (shouldReject) {
+              reject(new Error('Test error'));
+              return;
+            }
+            setTimeout(() => {
+              resolve(returnValue);
+            }, timeout);
+          } catch (e) {
+            reject(e);
+          }
+        }),
+    );
+    // jest.fn() returns an anonymous function, which is created using the new Promise constructor.
+    // it needs a `name` property, to have a key for deduplication service
+    Object.defineProperty(fn, 'name', { value: mockFnName });
+
+    return fn;
+  };
+
+  describe('Basic Deduplication', () => {
+    it('should call the original function only once for multiple simultaneous calls', async () => {
+      const returnValue = {
+        access_token: { value: 'value', access: { type: 'incoming-payment' } },
+      };
+      const fn = createAsyncFn({ returnValue });
+      const dedupedFn = deduplicatorService.dedupe(fn);
+      const resultPromises = [dedupedFn(), dedupedFn(), dedupedFn()];
+      jest.runAllTimers();
+
+      const results = await Promise.all(resultPromises);
+      expect(results[0]).toBe(returnValue);
+      expect(results[1]).toBe(returnValue);
+      expect(results[2]).toBe(returnValue);
+      expect(fn).toHaveBeenCalledTimes(1);
+    });
+
+    it('should support different function signatures', async () => {
+      const fn1 = createAsyncFn({
+        returnValue: returnValueFn1,
+        timeout: 100,
+        mockFnName: 'fn1',
+      });
+      const fn2 = createAsyncFn({
+        returnValue: returnValueFn2,
+        timeout: 400,
+        mockFnName: 'fn2',
+      });
+      const dedupedFn1 = deduplicatorService.dedupe(fn1);
+      const dedupedFn2 = deduplicatorService.dedupe(fn2);
+      const resultPromises = [dedupedFn1('arg1'), dedupedFn2('arg2')];
+
+      jest.runAllTimers();
+
+      const [result1, result2] = await Promise.all(resultPromises);
+
+      expect(result1).toBe(returnValueFn1);
+      expect(result2).toBe(returnValueFn2);
+      expect(fn1).toHaveBeenCalledTimes(1);
+      expect(fn2).toHaveBeenCalledTimes(1);
+    });
+
+    it('should cache and reuse pending function calls for same fn names, but different args', async () => {
+      const fn1 = createAsyncFn({ returnValue: returnValueFn1, timeout: 100 });
+      const fn2 = createAsyncFn({ returnValue: returnValueFn2, timeout: 400 });
+
+      const dedupedFn1 = deduplicatorService.dedupe(fn1);
+      const dedupedFn2 = deduplicatorService.dedupe(fn2);
+
+      // create same signature functions, but with different arguments and cacheFnArgs false by default
+      const result1 = dedupedFn1(1, { object: { key: 'arg1' } });
+      // at this point, result1 promise is still pending,
+      // cache will return and reuse the same pending promise to result2
+      const result2 = dedupedFn2({ object: { key: 'arg2' } }, 2);
+      const result3 = dedupedFn2({ object: { key: 'arg3' } }, 3);
+      jest.runAllTimers();
+
+      await expect(result1).resolves.toBe(returnValueFn1);
+      await expect(result2).resolves.toBe(returnValueFn1);
+      await expect(result3).resolves.toBe(returnValueFn1);
+      expect(fn1).toHaveBeenCalledTimes(1);
+    });
+  });
+
+  describe('Cache Arguments Configuration', () => {
+    it('should differentiate same fn calls with different arguments when cacheFnArgs is true', async () => {
+      const returnValue = {
+        access_token: { value: 'value', access: { type: 'outgoing-incoming' } },
+      };
+      const fn = createAsyncFn({ returnValue });
+      const dedupedFn = deduplicatorService.dedupe(fn, {
+        cacheFnArgs: true,
+      });
+
+      const dedupedFnArg1 = {
+        array: [1, 2, 3],
+        obj: { key: 'arg1' },
+      };
+      dedupedFn(dedupedFnArg1);
+      const dedupedFnArg2 = ['arg2'];
+      dedupedFn(dedupedFnArg2);
+      jest.runAllTimers();
+
+      expect(fn).toHaveBeenCalledWith(dedupedFnArg1);
+      expect(fn).toHaveBeenCalledWith(dedupedFnArg2);
+      expect(fn).toHaveBeenCalledTimes(2);
+    });
+
+    it('should cache same fn calls with the same arguments when cacheFnArgs is true', async () => {
+      const returnValue = {
+        access_token: { value: 'value', access: { type: 'quote' } },
+      };
+      const fn = createAsyncFn({ returnValue });
+      const dedupedFn = deduplicatorService.dedupe(fn, {
+        cacheFnArgs: true,
+      });
+
+      const resultPromises = [
+        dedupedFn(1, { object: { key: 'arg' } }),
+        dedupedFn(1, { object: { key: 'arg' } }),
+        dedupedFn(1, { object: { key: 'arg' } }),
+      ];
+      jest.runAllTimers();
+      const [result1, result2, result3] = await Promise.all(resultPromises);
+
+      expect(result1).toBe(returnValue);
+      expect(result2).toBe(returnValue);
+      expect(result3).toBe(returnValue);
+      expect(fn).toHaveBeenCalledTimes(1);
+    });
+
+    it('should support different fn signatures when cacheFnArgs is true with different args', async () => {
+      const fn1 = createAsyncFn({ returnValue: returnValueFn1, timeout: 100 });
+      const fn2 = createAsyncFn({ returnValue: returnValueFn2, timeout: 400 });
+      const dedupedFn1 = deduplicatorService.dedupe(fn1, {
+        cacheFnArgs: true,
+      });
+      const dedupedFn2 = deduplicatorService.dedupe(fn2, {
+        cacheFnArgs: true,
+      });
+      // create same signature functions, but with different arguments
+      const resultPromises = [
+        dedupedFn1(1, {
+          nested: {
+            array: [1, 2, 3],
+            obj: { key: 'arg1' },
+          },
+        }),
+        dedupedFn2(2, {
+          nested: {
+            array: [4, 5, 6],
+            obj: { key: 'arg2' },
+          },
+        }),
+      ];
+
+      jest.runAllTimers();
+
+      const [result1, result2] = await Promise.all(resultPromises);
+
+      expect(result1).toBe(returnValueFn1);
+      expect(result2).toBe(returnValueFn2);
+      expect(fn1).toHaveBeenCalledTimes(1);
+      expect(fn2).toHaveBeenCalledTimes(1);
+    });
+  });
+
+  describe('Error Handling, cacheRejections', () => {
+    it('should not cache rejections by default', async () => {
+      const fn = createAsyncFn({
+        returnValue: { value: 'value', access: { type: 'incoming-payment' } },
+        shouldReject: true,
+        timeout: 500,
+      });
+      const dedupedFn = deduplicatorService.dedupe(fn);
+
+      // fn will reject immediately with error
+      const result1 = dedupedFn(1, { key: 'value' });
+      // wait for result1 to finish execution and reject
+      await expect(result1).rejects.toThrow('Test error');
+      // deduplicator cache is updated with the rejected result from the first call,
+      // call will not use the cache and will execute the original function fn(1, 2) again
+      const result2 = dedupedFn(1, { key: 'value' });
+      await expect(result2).rejects.toThrow('Test error');
+      expect(fn).toHaveBeenCalledTimes(2);
+    });
+
+    it('should cache and reuse pending promises when cacheRejections is false by default', async () => {
+      const fn = createAsyncFn({
+        returnValue: { value: 'value', access: { type: 'outgoing-payment' } },
+        shouldReject: true,
+        timeout: 500,
+      });
+      const dedupedFn = deduplicatorService.dedupe(fn);
+      const result1 = dedupedFn(1, 2);
+      // at this point, result1 promise is still pending,
+      // cache will return and reuse the same pending promise to result2
+      const result2 = dedupedFn(1, 2);
+      jest.runAllTimers();
+
+      await expect(result1).rejects.toThrow('Test error');
+      await expect(result2).rejects.toThrow('Test error');
+      expect(fn).toHaveBeenCalledTimes(1);
+    });
+
+    it('should cache and reuse rejected promises when cacheRejections is true', async () => {
+      const fn = createAsyncFn({
+        returnValue: { value: 'value', access: { type: 'incoming-payment' } },
+        shouldReject: true,
+        timeout: 500,
+      });
+      const dedupedFn = deduplicatorService.dedupe(fn, {
+        cacheRejections: true,
+      });
+
+      const result1 = dedupedFn();
+      await expect(result1).rejects.toThrow('Test error');
+      const result2 = dedupedFn();
+      await expect(result2).rejects.toThrow('Test error');
+      await expect(result1).rejects.toBe(await result2.catch((e) => e));
+      expect(fn).toHaveBeenCalledTimes(1);
+    });
+  });
+
+  describe('Cache Expiration', () => {
+    it('should clear cache after specified wait time', async () => {
+      const timeout = 2000;
+      const returnValue = {
+        access_token: { value: 'value', access: { type: 'incoming-payment' } },
+      };
+      const fn = createAsyncFn({ returnValue, timeout });
+      const dedupedFn = deduplicatorService.dedupe(fn);
+
+      const promise1 = dedupedFn();
+      jest.runAllTimers();
+      const results = await promise1;
+      expect(results).toBe(returnValue);
+
+      jest.advanceTimersByTime(timeout);
+      jest.runAllTimers();
+
+      const promise2 = dedupedFn();
+      jest.runAllTimers();
+      const results2 = await promise2;
+      expect(results2).toBe(returnValue);
+
+      expect(fn).toHaveBeenCalledTimes(2);
+    });
+  });
+});
diff --git a/src/background/services/deduplicator.ts b/src/background/services/deduplicator.ts
index 589fc09d..d871b4e6 100644
--- a/src/background/services/deduplicator.ts
+++ b/src/background/services/deduplicator.ts
@@ -8,6 +8,7 @@ interface CacheEntry {
 
 interface DedupeOptions {
   cacheFnArgs: boolean;
+  cacheRejections: boolean;
   wait: number;
 }
 
@@ -16,15 +17,19 @@ export class Deduplicator {
 
   private cache: Map<string, CacheEntry> = new Map();
 
-  constructor({ logger }: Cradle) {
+  constructor({ logger }: Pick<Cradle, 'logger'>) {
     Object.assign(this, { logger });
   }
 
   dedupe<T extends AsyncFn<any>>(
     fn: T,
-    { cacheFnArgs = false, wait = 5000 }: Partial<DedupeOptions> = {},
+    {
+      cacheFnArgs = false,
+      cacheRejections = false,
+      wait = 5000,
+    }: Partial<DedupeOptions> = {},
   ): T {
-    return ((...args: Parameters<T>): ReturnType<T> => {
+    return (async (...args: Parameters<T>): Promise<ReturnType<T>> => {
       const key = this.generateCacheKey(fn, args, cacheFnArgs);
       const entry = this.cache.get(key);
 
@@ -38,17 +43,21 @@ export class Deduplicator {
       const promise = fn(...args);
       this.cache.set(key, { promise });
 
-      promise
-        .then((res) => {
-          this.cache.set(key, { promise: Promise.resolve(res) });
-          return res;
-        })
-        .catch((err) => {
-          throw err;
-        })
-        .finally(() => this.scheduleCacheClear(key, wait));
+      try {
+        const res = await promise;
+        this.cache.set(key, { promise: Promise.resolve(res) });
+        return res;
+      } catch (err) {
+        if (cacheRejections) {
+          this.cache.set(key, { promise: Promise.reject(err) });
+        } else {
+          this.cache.delete(key);
+        }
 
-      return promise as ReturnType<T>;
+        return Promise.reject(err);
+      } finally {
+        this.scheduleCacheClear(key, wait);
+      }
     }) as unknown as T;
   }
 
@@ -57,6 +66,9 @@ export class Deduplicator {
     args: any[],
     cacheFnArgs: boolean,
   ): string {
+    if (!fn.name) {
+      throw new Error('Function name is required for caching');
+    }
     let key = fn.name;
     if (cacheFnArgs) {
       key += `_${JSON.stringify(args)}`;