diff --git a/pkg/vm/stackitem/json_test.go b/pkg/vm/stackitem/json_test.go
index 9536d403e..d1ce23fc0 100644
--- a/pkg/vm/stackitem/json_test.go
+++ b/pkg/vm/stackitem/json_test.go
@@ -105,6 +105,28 @@ func TestFromToJSON(t *testing.T) {
 	})
 }
 
+// getBigArray returns array takes up a lot of storage when serialized.
+func getBigArray(depth int) *Array {
+	arr := NewArray([]Item{})
+	for i := 0; i < depth; i++ {
+		arr = NewArray([]Item{arr, arr})
+	}
+	return arr
+}
+
+func BenchmarkToJSON(b *testing.B) {
+	arr := getBigArray(15)
+
+	b.ResetTimer()
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		_, err := ToJSON(arr)
+		if err != nil {
+			b.FailNow()
+		}
+	}
+}
+
 // This test is taken from the C# code
 // https://github.com/neo-project/neo/blob/master/tests/neo.UnitTests/VM/UT_Helper.cs#L30
 func TestToJSONWithTypeCompat(t *testing.T) {
diff --git a/pkg/vm/stackitem/serialization_test.go b/pkg/vm/stackitem/serialization_test.go
index 02b07cb24..34f38820a 100644
--- a/pkg/vm/stackitem/serialization_test.go
+++ b/pkg/vm/stackitem/serialization_test.go
@@ -4,6 +4,7 @@ import (
 	"errors"
 	"testing"
 
+	"github.com/nspcc-dev/neo-go/pkg/io"
 	"github.com/stretchr/testify/require"
 )
 
@@ -21,3 +22,19 @@ func TestSerializationMaxErr(t *testing.T) {
 	_, err = Serialize(aitem)
 	require.True(t, errors.Is(err, ErrTooBig), err)
 }
+
+func BenchmarkEncodeBinary(b *testing.B) {
+	arr := getBigArray(15)
+
+	w := io.NewBufBinWriter()
+
+	b.ResetTimer()
+	b.ReportAllocs()
+	for i := 0; i < b.N; i++ {
+		w.Reset()
+		EncodeBinary(arr, w.BinWriter)
+		if w.Err != nil {
+			b.FailNow()
+		}
+	}
+}