diff --git a/package.json b/package.json
index ac77318d7..d7445202e 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "axelar-satellite",
-  "version": "0.5.8",
+  "version": "0.5.9",
   "private": true,
   "scripts": {
     "dev": "next dev",
diff --git a/src/hooks/useGetAssetBalance.ts b/src/hooks/useGetAssetBalance.ts
index 3039ec518..3781b367b 100644
--- a/src/hooks/useGetAssetBalance.ts
+++ b/src/hooks/useGetAssetBalance.ts
@@ -67,6 +67,7 @@ export const useGetAssetBalance = () => {
    */
   const { data: keplrBalance, isLoading: keplrBalanceIsLoading } =
     useGetKeplerBalance();
+
   useEffect(
     () => {
       if (srcChain.module !== "axelarnet" || !keplrConnected) {
@@ -124,6 +125,13 @@ export const useGetAssetBalance = () => {
   };
 };
 
+function parseBigIntWithDecimals(bigint: bigint, decimals: number): number {
+  const divisor = BigInt(10 ** decimals);
+  const wholePart = Number(bigint / divisor);
+  const remainder = Number(bigint % divisor) / Number(divisor);
+  return wholePart + remainder;
+}
+
 const useGetEvmBalance = () => {
   const { address } = useAccount();
   const asset = useSwapStore((state) => state.asset);
@@ -194,8 +202,10 @@ const useGetEvmBalance = () => {
       return setBalance(value);
     }
 
-    const num =
-      (erc20Balance ?? BigInt(0)) / BigInt(10 ** (asset?.decimals ?? 0));
+    const num = parseBigIntWithDecimals(
+      BigInt(erc20Balance ?? 0),
+      asset?.decimals ?? 0
+    );
 
     setBalance(
       num.toLocaleString("en", {