diff --git a/docs/rpc.md b/docs/rpc.md
index 5d6476a5d..3eac4e3e3 100644
--- a/docs/rpc.md
+++ b/docs/rpc.md
@@ -51,7 +51,6 @@ which would yield the response:
 | `getrawtransaction` |
 | `getstorage` |
 | `gettransactionheight` |
-| `gettxout` |
 | `getunclaimed` |
 | `getvalidators` |
 | `getversion` |
diff --git a/pkg/rpc/client/doc.go b/pkg/rpc/client/doc.go
index de8461873..7863752fe 100644
--- a/pkg/rpc/client/doc.go
+++ b/pkg/rpc/client/doc.go
@@ -35,7 +35,6 @@ Supported methods
 	getrawtransaction
 	getstorage
 	gettransactionheight
-	gettxout
 	getunclaimed
 	getvalidators
 	getversion
diff --git a/pkg/rpc/client/rpc.go b/pkg/rpc/client/rpc.go
index fbd8ebbb4..bf5a07179 100644
--- a/pkg/rpc/client/rpc.go
+++ b/pkg/rpc/client/rpc.go
@@ -307,19 +307,6 @@ func (c *Client) GetTransactionHeight(hash util.Uint256) (uint32, error) {
 	return resp, nil
 }
 
-// GetTxOut returns the corresponding unspent transaction output information (returned change),
-// based on the specified hash and index.
-func (c *Client) GetTxOut(hash util.Uint256, num int) (*result.TransactionOutput, error) {
-	var (
-		params = request.NewRawParams(hash.StringLE(), num)
-		resp   = &result.TransactionOutput{}
-	)
-	if err := c.performRequest("gettxout", params, resp); err != nil {
-		return resp, err
-	}
-	return resp, nil
-}
-
 // GetUnclaimed returns unclaimed GAS amount of the specified address.
 func (c *Client) GetUnclaimed(address string) (*result.Unclaimed, error) {
 	var (
diff --git a/pkg/rpc/client/rpc_test.go b/pkg/rpc/client/rpc_test.go
index e1ffb3b82..ceb99fbaa 100644
--- a/pkg/rpc/client/rpc_test.go
+++ b/pkg/rpc/client/rpc_test.go
@@ -670,27 +670,6 @@ var rpcClientTestCases = map[string][]rpcClientTestCase{
 			},
 		},
 	},
-	"gettxout": {
-		{
-			name: "positive",
-			invoke: func(c *Client) (interface{}, error) {
-				hash, err := util.Uint256DecodeStringLE("f4250dab094c38d8265acc15c366dc508d2e14bf5699e12d9df26577ed74d657")
-				if err != nil {
-					panic(err)
-				}
-				return c.GetTxOut(hash, 0)
-			},
-			serverResponse: `{"jsonrpc":"2.0","id":1,"result":{"N":0,"Asset":"c56f33fc6ecfcd0c225c4ab356fee59390af8560be0e930faebe74a6daff7c9b","Value":"2950","Address":"AHCNSDkh2Xs66SzmyKGdoDKY752uyeXDrt"}}`,
-			result: func(c *Client) interface{} {
-				return &result.TransactionOutput{
-					N:       0,
-					Asset:   "c56f33fc6ecfcd0c225c4ab356fee59390af8560be0e930faebe74a6daff7c9b",
-					Value:   util.Fixed8FromInt64(2950),
-					Address: "AHCNSDkh2Xs66SzmyKGdoDKY752uyeXDrt",
-				}
-			},
-		},
-	},
 	"getunclaimed": {
 		{
 			name: "positive",
@@ -1059,12 +1038,6 @@ var rpcClientErrorCases = map[string][]rpcClientErrorCase{
 				return c.GetTransactionHeight(util.Uint256{})
 			},
 		},
-		{
-			name: "gettxoutput_invalid_params_error",
-			invoke: func(c *Client) (interface{}, error) {
-				return c.GetTxOut(util.Uint256{}, 0)
-			},
-		},
 		{
 			name: "getunclaimed_invalid_params_error",
 			invoke: func(c *Client) (interface{}, error) {
@@ -1235,12 +1208,6 @@ var rpcClientErrorCases = map[string][]rpcClientErrorCase{
 				return c.GetTransactionHeight(util.Uint256{})
 			},
 		},
-		{
-			name: "getxoutput_unmarshalling_error",
-			invoke: func(c *Client) (interface{}, error) {
-				return c.GetTxOut(util.Uint256{}, 0)
-			},
-		},
 		{
 			name: "getunclaimed_unmarshalling_error",
 			invoke: func(c *Client) (interface{}, error) {
diff --git a/pkg/rpc/response/types.go b/pkg/rpc/response/types.go
index ba23c7677..23e6368d2 100644
--- a/pkg/rpc/response/types.go
+++ b/pkg/rpc/response/types.go
@@ -26,12 +26,6 @@ type Raw struct {
 	Result json.RawMessage `json:"result,omitempty"`
 }
 
-// GetTxOut represents result of `gettxout` RPC call.
-type GetTxOut struct {
-	HeaderAndError
-	Result *result.TransactionOutput
-}
-
 // GetRawTx represents verbose output of `getrawtransaction` RPC call.
 type GetRawTx struct {
 	HeaderAndError
diff --git a/pkg/rpc/server/server.go b/pkg/rpc/server/server.go
index 2269dd31f..d1d041e7a 100644
--- a/pkg/rpc/server/server.go
+++ b/pkg/rpc/server/server.go
@@ -96,7 +96,6 @@ var rpcHandlers = map[string]func(*Server, request.Params) (interface{}, *respon
 	"getrawtransaction":    (*Server).getrawtransaction,
 	"getstorage":           (*Server).getStorage,
 	"gettransactionheight": (*Server).getTransactionHeight,
-	"gettxout":             (*Server).getTxOut,
 	"getunclaimed":         (*Server).getUnclaimed,
 	"getvalidators":        (*Server).getValidators,
 	"getversion":           (*Server).getVersion,
@@ -723,40 +722,6 @@ func (s *Server) getTransactionHeight(ps request.Params) (interface{}, *response
 	return height, nil
 }
 
-func (s *Server) getTxOut(ps request.Params) (interface{}, *response.Error) {
-	p, ok := ps.Value(0)
-	if !ok {
-		return nil, response.ErrInvalidParams
-	}
-
-	h, err := p.GetUint256()
-	if err != nil {
-		return nil, response.ErrInvalidParams
-	}
-
-	p, ok = ps.ValueWithType(1, request.NumberT)
-	if !ok {
-		return nil, response.ErrInvalidParams
-	}
-
-	num, err := p.GetInt()
-	if err != nil || num < 0 {
-		return nil, response.ErrInvalidParams
-	}
-
-	tx, _, err := s.chain.GetTransaction(h)
-	if err != nil {
-		return nil, response.NewInvalidParamsError(err.Error(), err)
-	}
-
-	if num >= len(tx.Outputs) {
-		return nil, response.NewInvalidParamsError("invalid index", errors.New("too big index"))
-	}
-
-	out := tx.Outputs[num]
-	return result.NewTxOutput(&out), nil
-}
-
 // getContractState returns contract state (contract information, according to the contract script hash).
 func (s *Server) getContractState(reqParams request.Params) (interface{}, *response.Error) {
 	var results interface{}
diff --git a/pkg/rpc/server/server_test.go b/pkg/rpc/server/server_test.go
index 5fad84867..16693d412 100644
--- a/pkg/rpc/server/server_test.go
+++ b/pkg/rpc/server/server_test.go
@@ -312,38 +312,6 @@ var rpcTestCases = map[string][]rpcTestCase{
 			fail:   true,
 		},
 	},
-	"gettxout": {
-		{
-			name:   "no params",
-			params: `[]`,
-			fail:   true,
-		},
-		{
-			name:   "invalid hash",
-			params: `["notahex"]`,
-			fail:   true,
-		},
-		{
-			name:   "missing hash",
-			params: `["aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa", 0]`,
-			fail:   true,
-		},
-		{
-			name:   "invalid index",
-			params: `["7aadf91ca8ac1e2c323c025a7e492bee2dd90c783b86ebfc3b18db66b530a76d", "string"]`,
-			fail:   true,
-		},
-		{
-			name:   "negative index",
-			params: `["7aadf91ca8ac1e2c323c025a7e492bee2dd90c783b86ebfc3b18db66b530a76d", -1]`,
-			fail:   true,
-		},
-		{
-			name:   "too big index",
-			params: `["7aadf91ca8ac1e2c323c025a7e492bee2dd90c783b86ebfc3b18db66b530a76d", 100]`,
-			fail:   true,
-		},
-	},
 	"getblock": {
 		{
 			name:   "positive",
@@ -966,24 +934,6 @@ func testRPCProtocol(t *testing.T, doRPCCall func(string, string, *testing.T) []
 		})
 	})
 
-	t.Run("gettxout", func(t *testing.T) {
-		block, _ := chain.GetBlock(chain.GetHeaderHash(0))
-		require.Equal(t, 4, len(block.Transactions))
-		tx := block.Transactions[2]
-		rpc := fmt.Sprintf(`{"jsonrpc": "2.0", "id": 1, "method": "gettxout", "params": [%s, %d]}"`,
-			`"`+tx.Hash().StringLE()+`"`, 0)
-		body := doRPCCall(rpc, httpSrv.URL, t)
-		res := checkErrGetResult(t, body, false)
-
-		var txOut result.TransactionOutput
-		err := json.Unmarshal(res, &txOut)
-		require.NoErrorf(t, err, "could not parse response: %s", res)
-		assert.Equal(t, 0, txOut.N)
-		assert.Equal(t, "0x787cc0a786adfe829bc2dffc5637e6855c0a82e02deee97dedbc2aac3e0e5e1a", txOut.Asset)
-		assert.Equal(t, util.Fixed8FromInt64(100000000), txOut.Value)
-		assert.Equal(t, testchain.MultisigAddress(), txOut.Address)
-	})
-
 	t.Run("getrawmempool", func(t *testing.T) {
 		mp := chain.GetMemPool()
 		// `expected` stores hashes of previously added txs