diff --git a/pkg/core/fee/opcode.go b/pkg/core/fee/opcode.go
index e3e028d28..953c8b4c2 100644
--- a/pkg/core/fee/opcode.go
+++ b/pkg/core/fee/opcode.go
@@ -162,6 +162,7 @@ var coefficients = map[opcode.Opcode]int64{
 	opcode.MUL:          1 << 3,
 	opcode.DIV:          1 << 3,
 	opcode.MOD:          1 << 3,
+	opcode.POW:          1 << 6,
 	opcode.SHL:          1 << 3,
 	opcode.SHR:          1 << 3,
 	opcode.NOT:          1 << 2,
diff --git a/pkg/vm/opcode/opcode.go b/pkg/vm/opcode/opcode.go
index 25e759a31..69721037f 100644
--- a/pkg/vm/opcode/opcode.go
+++ b/pkg/vm/opcode/opcode.go
@@ -177,6 +177,7 @@ const (
 	MUL         Opcode = 0xA0
 	DIV         Opcode = 0xA1
 	MOD         Opcode = 0xA2
+	POW         Opcode = 0xA3
 	SHL         Opcode = 0xA8
 	SHR         Opcode = 0xA9
 	NOT         Opcode = 0xAA
diff --git a/pkg/vm/opcode/opcode_string.go b/pkg/vm/opcode/opcode_string.go
index d77f8e4b6..130c830c1 100644
--- a/pkg/vm/opcode/opcode_string.go
+++ b/pkg/vm/opcode/opcode_string.go
@@ -159,6 +159,7 @@ func _() {
 	_ = x[MUL-160]
 	_ = x[DIV-161]
 	_ = x[MOD-162]
+	_ = x[POW-163]
 	_ = x[SHL-168]
 	_ = x[SHR-169]
 	_ = x[NOT-170]
@@ -198,7 +199,7 @@ func _() {
 	_ = x[CONVERT-219]
 }
 
-const _Opcode_name = "PUSHINT8PUSHINT16PUSHINT32PUSHINT64PUSHINT128PUSHINT256PUSHAPUSHNULLPUSHDATA1PUSHDATA2PUSHDATA4PUSHM1PUSH0PUSH1PUSH2PUSH3PUSH4PUSH5PUSH6PUSH7PUSH8PUSH9PUSH10PUSH11PUSH12PUSH13PUSH14PUSH15PUSH16NOPJMPJMP_LJMPIFJMPIF_LJMPIFNOTJMPIFNOT_LJMPEQJMPEQ_LJMPNEJMPNE_LJMPGTJMPGT_LJMPGEJMPGE_LJMPLTJMPLT_LJMPLEJMPLE_LCALLCALL_LCALLACALLTABORTASSERTTHROWTRYTRY_LENDTRYENDTRY_LENDFINALLYRETSYSCALLDEPTHDROPNIPXDROPCLEARDUPOVERPICKTUCKSWAPROTROLLREVERSE3REVERSE4REVERSENINITSSLOTINITSLOTLDSFLD0LDSFLD1LDSFLD2LDSFLD3LDSFLD4LDSFLD5LDSFLD6LDSFLDSTSFLD0STSFLD1STSFLD2STSFLD3STSFLD4STSFLD5STSFLD6STSFLDLDLOC0LDLOC1LDLOC2LDLOC3LDLOC4LDLOC5LDLOC6LDLOCSTLOC0STLOC1STLOC2STLOC3STLOC4STLOC5STLOC6STLOCLDARG0LDARG1LDARG2LDARG3LDARG4LDARG5LDARG6LDARGSTARG0STARG1STARG2STARG3STARG4STARG5STARG6STARGNEWBUFFERMEMCPYCATSUBSTRLEFTRIGHTINVERTANDORXOREQUALNOTEQUALSIGNABSNEGATEINCDECADDSUBMULDIVMODSHLSHRNOTBOOLANDBOOLORNZNUMEQUALNUMNOTEQUALLTLTEGTGTEMINMAXWITHINPACKUNPACKNEWARRAY0NEWARRAYNEWARRAY_TNEWSTRUCT0NEWSTRUCTNEWMAPSIZEHASKEYKEYSVALUESPICKITEMAPPENDSETITEMREVERSEITEMSREMOVECLEARITEMSPOPITEMISNULLISTYPECONVERT"
+const _Opcode_name = "PUSHINT8PUSHINT16PUSHINT32PUSHINT64PUSHINT128PUSHINT256PUSHAPUSHNULLPUSHDATA1PUSHDATA2PUSHDATA4PUSHM1PUSH0PUSH1PUSH2PUSH3PUSH4PUSH5PUSH6PUSH7PUSH8PUSH9PUSH10PUSH11PUSH12PUSH13PUSH14PUSH15PUSH16NOPJMPJMP_LJMPIFJMPIF_LJMPIFNOTJMPIFNOT_LJMPEQJMPEQ_LJMPNEJMPNE_LJMPGTJMPGT_LJMPGEJMPGE_LJMPLTJMPLT_LJMPLEJMPLE_LCALLCALL_LCALLACALLTABORTASSERTTHROWTRYTRY_LENDTRYENDTRY_LENDFINALLYRETSYSCALLDEPTHDROPNIPXDROPCLEARDUPOVERPICKTUCKSWAPROTROLLREVERSE3REVERSE4REVERSENINITSSLOTINITSLOTLDSFLD0LDSFLD1LDSFLD2LDSFLD3LDSFLD4LDSFLD5LDSFLD6LDSFLDSTSFLD0STSFLD1STSFLD2STSFLD3STSFLD4STSFLD5STSFLD6STSFLDLDLOC0LDLOC1LDLOC2LDLOC3LDLOC4LDLOC5LDLOC6LDLOCSTLOC0STLOC1STLOC2STLOC3STLOC4STLOC5STLOC6STLOCLDARG0LDARG1LDARG2LDARG3LDARG4LDARG5LDARG6LDARGSTARG0STARG1STARG2STARG3STARG4STARG5STARG6STARGNEWBUFFERMEMCPYCATSUBSTRLEFTRIGHTINVERTANDORXOREQUALNOTEQUALSIGNABSNEGATEINCDECADDSUBMULDIVMODPOWSHLSHRNOTBOOLANDBOOLORNZNUMEQUALNUMNOTEQUALLTLTEGTGTEMINMAXWITHINPACKUNPACKNEWARRAY0NEWARRAYNEWARRAY_TNEWSTRUCT0NEWSTRUCTNEWMAPSIZEHASKEYKEYSVALUESPICKITEMAPPENDSETITEMREVERSEITEMSREMOVECLEARITEMSPOPITEMISNULLISTYPECONVERT"
 
 var _Opcode_map = map[Opcode]string{
 	0:   _Opcode_name[0:8],
@@ -350,43 +351,44 @@ var _Opcode_map = map[Opcode]string{
 	160: _Opcode_name[856:859],
 	161: _Opcode_name[859:862],
 	162: _Opcode_name[862:865],
-	168: _Opcode_name[865:868],
-	169: _Opcode_name[868:871],
-	170: _Opcode_name[871:874],
-	171: _Opcode_name[874:881],
-	172: _Opcode_name[881:887],
-	177: _Opcode_name[887:889],
-	179: _Opcode_name[889:897],
-	180: _Opcode_name[897:908],
-	181: _Opcode_name[908:910],
-	182: _Opcode_name[910:913],
-	183: _Opcode_name[913:915],
-	184: _Opcode_name[915:918],
-	185: _Opcode_name[918:921],
-	186: _Opcode_name[921:924],
-	187: _Opcode_name[924:930],
-	192: _Opcode_name[930:934],
-	193: _Opcode_name[934:940],
-	194: _Opcode_name[940:949],
-	195: _Opcode_name[949:957],
-	196: _Opcode_name[957:967],
-	197: _Opcode_name[967:977],
-	198: _Opcode_name[977:986],
-	200: _Opcode_name[986:992],
-	202: _Opcode_name[992:996],
-	203: _Opcode_name[996:1002],
-	204: _Opcode_name[1002:1006],
-	205: _Opcode_name[1006:1012],
-	206: _Opcode_name[1012:1020],
-	207: _Opcode_name[1020:1026],
-	208: _Opcode_name[1026:1033],
-	209: _Opcode_name[1033:1045],
-	210: _Opcode_name[1045:1051],
-	211: _Opcode_name[1051:1061],
-	212: _Opcode_name[1061:1068],
-	216: _Opcode_name[1068:1074],
-	217: _Opcode_name[1074:1080],
-	219: _Opcode_name[1080:1087],
+	163: _Opcode_name[865:868],
+	168: _Opcode_name[868:871],
+	169: _Opcode_name[871:874],
+	170: _Opcode_name[874:877],
+	171: _Opcode_name[877:884],
+	172: _Opcode_name[884:890],
+	177: _Opcode_name[890:892],
+	179: _Opcode_name[892:900],
+	180: _Opcode_name[900:911],
+	181: _Opcode_name[911:913],
+	182: _Opcode_name[913:916],
+	183: _Opcode_name[916:918],
+	184: _Opcode_name[918:921],
+	185: _Opcode_name[921:924],
+	186: _Opcode_name[924:927],
+	187: _Opcode_name[927:933],
+	192: _Opcode_name[933:937],
+	193: _Opcode_name[937:943],
+	194: _Opcode_name[943:952],
+	195: _Opcode_name[952:960],
+	196: _Opcode_name[960:970],
+	197: _Opcode_name[970:980],
+	198: _Opcode_name[980:989],
+	200: _Opcode_name[989:995],
+	202: _Opcode_name[995:999],
+	203: _Opcode_name[999:1005],
+	204: _Opcode_name[1005:1009],
+	205: _Opcode_name[1009:1015],
+	206: _Opcode_name[1015:1023],
+	207: _Opcode_name[1023:1029],
+	208: _Opcode_name[1029:1036],
+	209: _Opcode_name[1036:1048],
+	210: _Opcode_name[1048:1054],
+	211: _Opcode_name[1054:1064],
+	212: _Opcode_name[1064:1071],
+	216: _Opcode_name[1071:1077],
+	217: _Opcode_name[1077:1083],
+	219: _Opcode_name[1083:1090],
 }
 
 func (i Opcode) String() string {
diff --git a/pkg/vm/vm.go b/pkg/vm/vm.go
index 3320da5eb..078af2f5e 100644
--- a/pkg/vm/vm.go
+++ b/pkg/vm/vm.go
@@ -910,6 +910,14 @@ func (v *VM) execute(ctx *Context, op opcode.Opcode, parameter []byte) (err erro
 
 		v.estack.PushVal(new(big.Int).Rem(a, b))
 
+	case opcode.POW:
+		exp := v.estack.Pop().BigInt()
+		a := v.estack.Pop().BigInt()
+		if ei := exp.Int64(); !exp.IsInt64() || ei > math.MaxInt32 || ei < 0 {
+			panic("invalid exponent")
+		}
+		v.estack.PushVal(new(big.Int).Exp(a, exp, nil))
+
 	case opcode.SHL, opcode.SHR:
 		b := v.estack.Pop().BigInt().Int64()
 		if b == 0 {
diff --git a/pkg/vm/vm_test.go b/pkg/vm/vm_test.go
index 281441f1c..11320345e 100644
--- a/pkg/vm/vm_test.go
+++ b/pkg/vm/vm_test.go
@@ -6,6 +6,7 @@ import (
 	"encoding/hex"
 	"errors"
 	"fmt"
+	"math"
 	"math/big"
 	"math/rand"
 	"testing"
@@ -935,6 +936,16 @@ func TestSUBBigResult(t *testing.T) {
 	runWithArgs(t, prog, nil, -2, bi)
 }
 
+func TestPOW(t *testing.T) {
+	prog := makeProgram(opcode.POW)
+	t.Run("good, positive", getTestFuncForVM(prog, 9, 3, 2))
+	t.Run("good, negative, even", getTestFuncForVM(prog, 4, -2, 2))
+	t.Run("good, negative, odd", getTestFuncForVM(prog, -8, -2, 3))
+	t.Run("zero", getTestFuncForVM(prog, 1, 3, 0))
+	t.Run("negative exponent", getTestFuncForVM(prog, nil, 3, -1))
+	t.Run("too big exponent", getTestFuncForVM(prog, nil, 1, math.MaxInt32+1))
+}
+
 func TestSHR(t *testing.T) {
 	prog := makeProgram(opcode.SHR)
 	t.Run("Good", getTestFuncForVM(prog, 1, 4, 2))