diff --git a/safe_eth/eth/clients/etherscan_client_v2.py b/safe_eth/eth/clients/etherscan_client_v2.py
index cc2e3ff49..836f67bbf 100644
--- a/safe_eth/eth/clients/etherscan_client_v2.py
+++ b/safe_eth/eth/clients/etherscan_client_v2.py
@@ -3,7 +3,6 @@
 from typing import Any, Dict, List, Optional, Union
 from urllib.parse import urljoin
 
-import aiohttp
 import requests
 
 from safe_eth.eth import EthereumNetwork
@@ -12,6 +11,7 @@
     EtherscanClient,
     EtherscanRateLimitError,
 )
+from safe_eth.eth.clients.rate_limiter import get_client_rate_limited
 
 
 class EtherscanClientV2(EtherscanClient):
@@ -97,9 +97,7 @@ def __init__(
         max_requests: int = int(os.environ.get("ETHERSCAN_CLIENT_MAX_REQUESTS", 100)),
     ):
         super().__init__(network, api_key, request_timeout)
-        self.async_session = aiohttp.ClientSession(
-            connector=aiohttp.TCPConnector(limit_per_host=max_requests)
-        )
+        self.client = get_client_rate_limited(self.base_api_url, 5)  # 5 per second
 
     async def _async_do_request(
         self, url: str
@@ -107,9 +105,7 @@ async def _async_do_request(
         """
         Async version of _do_request
         """
-        async with self.async_session.get(
-            url, timeout=self.request_timeout
-        ) as response:
+        async with await self.client.get(url, timeout=self.request_timeout) as response:
             if response.ok:
                 response_json = await response.json()
                 result = response_json["result"]
diff --git a/safe_eth/eth/clients/rate_limiter.py b/safe_eth/eth/clients/rate_limiter.py
new file mode 100644
index 000000000..3230ea78d
--- /dev/null
+++ b/safe_eth/eth/clients/rate_limiter.py
@@ -0,0 +1,74 @@
+import asyncio
+from functools import cache
+from logging import getLogger
+
+import aiohttp
+
+logger = getLogger(__name__)
+
+
+class RateLimiter:
+    """
+    Class to limit the number of requests per second
+    """
+
+    def __init__(self, client, rate):
+        self.client = client
+        self.rate = rate
+        self.available_conns = rate  # Initialize available conns
+        self._waiters = []  # List of tasks that are waiting for a connection
+        self.loop = asyncio.get_event_loop()
+        self._schedule_next_release_connections()  # Schedule first release connections
+
+    async def get(self, *args, **kwargs):
+        await self._wait_for_available_conn()
+        return self.client.get(*args, **kwargs)
+
+    async def post(self, *args, **kwargs):
+        await self._wait_for_available_conn()
+        return self.client.post(*args, **kwargs)
+
+    def _wakeup_waiters(self):
+        """
+        Unblock tasks waiting for connections
+        """
+        while self.available_conns > 0 and self._waiters:
+            future = self._waiters.pop(0)
+            future.set_result(None)  # Release await
+            self.available_conns -= 1
+
+    async def _wait_for_available_conn(self):
+        if self.available_conns < 1:
+            future = asyncio.Future()
+            self._waiters.append(future)
+            await future
+        else:
+            self.available_conns -= 1
+
+    def _release_available_conns(self):
+        """
+        Release new connections
+        """
+        self.available_conns += self.rate - self.available_conns
+        self._wakeup_waiters()
+        self._schedule_next_release_connections()
+
+    def _schedule_next_release_connections(self):
+        """
+        Schedule next release connections
+        """
+        self.loop.call_later(1, self._release_available_conns)
+
+
+@cache
+def get_client_rate_limited(host: str, rate: int) -> "RateLimiter":
+    """
+    Get a rate limited client by host
+    Host parameter is just being used to store in cache different instance by host
+
+    :param host:
+    :param rate: number of requests allowed per second
+    """
+    logger.info(f"Initializing rate limiter for {host} by {rate}/s")
+    async_session = aiohttp.ClientSession()
+    return RateLimiter(async_session, rate)
diff --git a/safe_eth/eth/tests/clients/test_rate_limit.py b/safe_eth/eth/tests/clients/test_rate_limit.py
new file mode 100644
index 000000000..c64d87b0c
--- /dev/null
+++ b/safe_eth/eth/tests/clients/test_rate_limit.py
@@ -0,0 +1,27 @@
+import asyncio
+import unittest
+
+from safe_eth.eth.clients.rate_limiter import get_client_rate_limited
+
+
+class TestRateLimit(unittest.IsolatedAsyncioTestCase):
+    async def _make_request(self, rate_limited):
+        """Helper to fetch the status code of a request."""
+        try:
+            async with await rate_limited.get(
+                "https://safe-transaction-sepolia.safe.global/api/v1/about", timeout=5
+            ) as response:
+                return response
+        except asyncio.TimeoutError:
+            return None
+
+    async def test_rate_limiter(self):
+        rate_limited = get_client_rate_limited(
+            "https://safe-transaction-sepolia.safe.global/", 5
+        )
+        tasks = [self._make_request(rate_limited) for _ in range(20)]
+        responses = await asyncio.gather(*tasks)
+        self.assertEqual(len(responses), 20)
+        for response in responses:
+            self.assertEqual(response.status, 200)  # Check the status code
+            self.assertTrue(response.ok)