diff --git a/pkg/vm/context.go b/pkg/vm/context.go
index 6346fd21a..1eaba0ce0 100644
--- a/pkg/vm/context.go
+++ b/pkg/vm/context.go
@@ -52,6 +52,8 @@ type Context struct {
 	retCount int
 	// NEF represents NEF file for the current contract.
 	NEF *nef.File
+	// invTree is an invocation tree (or branch of it) for this context.
+	invTree *InvocationTree
 }
 
 var errNoInstParam = errors.New("failed to read instruction parameter")
diff --git a/pkg/vm/invocation_tree.go b/pkg/vm/invocation_tree.go
new file mode 100644
index 000000000..b4daff18a
--- /dev/null
+++ b/pkg/vm/invocation_tree.go
@@ -0,0 +1,12 @@
+package vm
+
+import (
+	"github.com/nspcc-dev/neo-go/pkg/util"
+)
+
+// InvocationTree represents a tree with script hashes, traversing it
+// you can see how contracts called each other.
+type InvocationTree struct {
+	Current util.Uint160
+	Calls   []*InvocationTree
+}
diff --git a/pkg/vm/invocation_tree_test.go b/pkg/vm/invocation_tree_test.go
new file mode 100644
index 000000000..dc60ba677
--- /dev/null
+++ b/pkg/vm/invocation_tree_test.go
@@ -0,0 +1,69 @@
+package vm
+
+import (
+	"testing"
+
+	"github.com/nspcc-dev/neo-go/pkg/util"
+	"github.com/nspcc-dev/neo-go/pkg/vm/opcode"
+	"github.com/stretchr/testify/require"
+)
+
+func TestInvocationTree(t *testing.T) {
+	script := []byte{
+		byte(opcode.PUSH3), byte(opcode.DEC),
+		byte(opcode.DUP), byte(opcode.PUSH0), byte(opcode.JMPEQ), (2 + 2 + 2 + 6 + 1),
+		byte(opcode.CALL), (2 + 2), // CALL shouldn't affect invocation tree.
+		byte(opcode.JMP), 0xf9, // DEC
+		byte(opcode.SYSCALL), 0, 0, 0, 0, byte(opcode.DROP),
+		byte(opcode.RET),
+		byte(opcode.RET),
+		byte(opcode.PUSHINT8), 0xff,
+	}
+
+	cnt := 0
+	v := newTestVM()
+	v.SyscallHandler = func(v *VM, _ uint32) error {
+		if v.Istack().Len() > 4 { // top -> call -> syscall -> call -> syscall -> ...
+			v.Estack().PushVal(1)
+			return nil
+		}
+		cnt++
+		v.LoadScriptWithHash(script, util.Uint160{byte(cnt)}, 0)
+		return nil
+	}
+	v.EnableInvocationTree()
+	v.LoadScript(script)
+	topHash := v.Context().ScriptHash()
+	require.NoError(t, v.Run())
+
+	res := &InvocationTree{
+		Calls: []*InvocationTree{{
+			Current: topHash,
+			Calls: []*InvocationTree{
+				{
+					Current: util.Uint160{1},
+					Calls: []*InvocationTree{
+						{
+							Current: util.Uint160{2},
+						},
+						{
+							Current: util.Uint160{3},
+						},
+					},
+				},
+				{
+					Current: util.Uint160{4},
+					Calls: []*InvocationTree{
+						{
+							Current: util.Uint160{5},
+						},
+						{
+							Current: util.Uint160{6},
+						},
+					},
+				},
+			},
+		}},
+	}
+	require.Equal(t, res, v.GetInvocationTree())
+}
diff --git a/pkg/vm/vm.go b/pkg/vm/vm.go
index dc730495f..960b0e4f7 100644
--- a/pkg/vm/vm.go
+++ b/pkg/vm/vm.go
@@ -85,6 +85,9 @@ type VM struct {
 	LoadToken func(id int32) error
 
 	trigger trigger.Type
+
+	// invTree is a top-level invocation tree (if enabled).
+	invTree *InvocationTree
 }
 
 // New returns a new VM object ready to load AVM bytecode scripts.
@@ -240,6 +243,16 @@ func (v *VM) LoadFileWithFlags(path string, f callflag.CallFlag) error {
 	return nil
 }
 
+// CollectInvocationTree enables collecting invocation tree data.
+func (v *VM) EnableInvocationTree() {
+	v.invTree = &InvocationTree{}
+}
+
+// GetInvocationTree returns current invocation tree structure.
+func (v *VM) GetInvocationTree() *InvocationTree {
+	return v.invTree
+}
+
 // Load initializes the VM with the program given.
 func (v *VM) Load(prog []byte) {
 	v.LoadWithFlags(prog, callflag.NoneFlag)
@@ -252,6 +265,7 @@ func (v *VM) LoadWithFlags(prog []byte, f callflag.CallFlag) {
 	v.estack.Clear()
 	v.state = NoneState
 	v.gasConsumed = 0
+	v.invTree = nil
 	v.LoadScriptWithFlags(prog, f)
 }
 
@@ -306,6 +320,16 @@ func (v *VM) loadScriptWithCallingHash(b []byte, exe *nef.File, caller util.Uint
 	ctx.scriptHash = hash
 	ctx.callingScriptHash = caller
 	ctx.NEF = exe
+	if v.invTree != nil {
+		curTree := v.invTree
+		parent := v.Context()
+		if parent != nil {
+			curTree = parent.invTree
+		}
+		newTree := &InvocationTree{Current: ctx.ScriptHash()}
+		curTree.Calls = append(curTree.Calls, newTree)
+		ctx.invTree = newTree
+	}
 	v.istack.PushItem(ctx)
 }