diff --git a/types/api/contract.ts b/types/api/contract.ts
index de0a470007..9e22a980cf 100644
--- a/types/api/contract.ts
+++ b/types/api/contract.ts
@@ -110,9 +110,14 @@ export interface SmartContractQueryMethodReadError {
   result: {
     code: number;
     message: string;
-    raw?: string;
   } | {
     error: string;
+  } | {
+    raw: string;
+  } | {
+    method_call: string;
+    method_id: string;
+    parameters: Array<{ 'name': string; 'type': string; 'value': string }>;
   };
 }
 
diff --git a/ui/address/contract/ContractRead.pw.tsx b/ui/address/contract/ContractRead.pw.tsx
index 8d772203c1..71fe9fcc3c 100644
--- a/ui/address/contract/ContractRead.pw.tsx
+++ b/ui/address/contract/ContractRead.pw.tsx
@@ -44,29 +44,3 @@ test('base view +@mobile +@dark-mode', async({ mount, page }) => {
 
   await expect(component).toHaveScreenshot();
 });
-
-test('error result', async({ mount, page }) => {
-  await page.route(CONTRACT_READ_METHODS_API_URL, (route) => route.fulfill({
-    status: 200,
-    body: JSON.stringify(contractMethodsMock.read),
-  }));
-  await page.route(CONTRACT_QUERY_METHOD_API_URL, (route) => route.fulfill({
-    status: 200,
-    body: JSON.stringify(contractMethodsMock.readResultError),
-  }));
-
-  const component = await mount(
-    <TestApp>
-      <ContractRead addressHash={ addressHash }/>
-    </TestApp>,
-    { hooksConfig },
-  );
-
-  await component.getByText(/expand all/i).click();
-  await component.getByPlaceholder(/address/i).type('address-hash');
-  await component.getByText(/query/i).click();
-
-  const section = page.locator('section', { hasText: 'FLASHLOAN_PREMIUM_TOTAL' });
-
-  await expect(section).toHaveScreenshot();
-});
diff --git a/ui/address/contract/ContractReadResult.pw.tsx b/ui/address/contract/ContractReadResult.pw.tsx
new file mode 100644
index 0000000000..8cd3341a70
--- /dev/null
+++ b/ui/address/contract/ContractReadResult.pw.tsx
@@ -0,0 +1,101 @@
+import { test, expect } from '@playwright/experimental-ct-react';
+import React from 'react';
+
+import type { ContractMethodReadResult } from './types';
+
+import * as contractMethodsMock from 'mocks/contract/methods';
+import TestApp from 'playwright/TestApp';
+
+import ContractReadResult from './ContractReadResult';
+
+const item = contractMethodsMock.read[0];
+const onSettle = () => Promise.resolve();
+
+test.use({ viewport: { width: 500, height: 500 } });
+
+test('default error', async({ mount }) => {
+  const result: ContractMethodReadResult = {
+    is_error: true,
+    result: {
+      error: 'I am an error',
+    },
+  };
+  const component = await mount(
+    <TestApp>
+      <ContractReadResult item={ item } onSettle={ onSettle } result={ result }/>
+    </TestApp>,
+  );
+
+  await expect(component).toHaveScreenshot();
+});
+
+test('error with code', async({ mount }) => {
+  const result: ContractMethodReadResult = {
+    is_error: true,
+    result: {
+      message: 'I am an error',
+      code: -32017,
+    },
+  };
+  const component = await mount(
+    <TestApp>
+      <ContractReadResult item={ item } onSettle={ onSettle } result={ result }/>
+    </TestApp>,
+  );
+
+  await expect(component).toHaveScreenshot();
+});
+
+test('raw error', async({ mount }) => {
+  const result: ContractMethodReadResult = {
+    is_error: true,
+    result: {
+      raw: '49276d20616c7761797320726576657274696e67207769746820616e206572726f72',
+    },
+  };
+  const component = await mount(
+    <TestApp>
+      <ContractReadResult item={ item } onSettle={ onSettle } result={ result }/>
+    </TestApp>,
+  );
+
+  await expect(component).toHaveScreenshot();
+});
+
+test('complex error', async({ mount }) => {
+  const result: ContractMethodReadResult = {
+    is_error: true,
+    result: {
+      method_call: 'SomeCustomError(address addr, uint256 balance)',
+      method_id: '50289a9f',
+      parameters: [
+        { name: 'addr', type: 'address', value: '0x850e73b42f48e91ebaedf8f00a74f6147e485c5a' },
+        { name: 'balance', type: 'uint256', value: '14' },
+      ],
+    },
+  };
+  const component = await mount(
+    <TestApp>
+      <ContractReadResult item={ item } onSettle={ onSettle } result={ result }/>
+    </TestApp>,
+  );
+
+  await expect(component).toHaveScreenshot();
+});
+
+test('success', async({ mount }) => {
+  const result: ContractMethodReadResult = {
+    is_error: false,
+    result: {
+      names: [ 'address' ],
+      output: [ { type: 'address', value: '0x0000000000000000000000000000000000000000' } ],
+    },
+  };
+  const component = await mount(
+    <TestApp>
+      <ContractReadResult item={ item } onSettle={ onSettle } result={ result }/>
+    </TestApp>,
+  );
+
+  await expect(component).toHaveScreenshot();
+});
diff --git a/ui/address/contract/ContractReadResult.tsx b/ui/address/contract/ContractReadResult.tsx
index e72df96c92..9ed7f5f481 100644
--- a/ui/address/contract/ContractReadResult.tsx
+++ b/ui/address/contract/ContractReadResult.tsx
@@ -6,6 +6,15 @@ import type { SmartContractReadMethod } from 'types/api/contract';
 
 import hexToUtf8 from 'lib/hexToUtf8';
 
+const ContractReadResultError = ({ children }: {children: React.ReactNode}) => {
+  return (
+    <Alert status="error" mt={ 3 } p={ 4 } borderRadius="md" fontSize="sm" wordBreak="break-word" whiteSpace="pre-wrap">
+      { children }
+    </Alert>
+  );
+
+};
+
 interface Props {
   item: SmartContractReadMethod;
   result: ContractMethodReadResult;
@@ -20,19 +29,27 @@ const ContractReadResult = ({ item, result, onSettle }: Props) => {
   }, [ onSettle ]);
 
   if ('status' in result) {
-    return <Alert status="error" mt={ 3 } p={ 4 } borderRadius="md" fontSize="sm" wordBreak="break-word">{ result.statusText }</Alert>;
+    return <ContractReadResultError>{ result.statusText }</ContractReadResultError>;
   }
 
   if (result.is_error) {
-    const message = 'error' in result.result ? result.result.error : result.result.message;
-    const decoded = 'raw' in result.result && result.result.raw ? `\nRevert reason: ${ hexToUtf8(result.result.raw) }` : '';
-
-    return (
-      <Alert status="error" mt={ 3 } p={ 4 } borderRadius="md" fontSize="sm" wordBreak="break-word" whiteSpace="pre-wrap">
-        { message }
-        { decoded }
-      </Alert>
-    );
+    if ('error' in result.result) {
+      return <ContractReadResultError>{ result.result.error }</ContractReadResultError>;
+    }
+
+    if ('message' in result.result) {
+      return <ContractReadResultError>[{ result.result.code }] { result.result.message }</ContractReadResultError>;
+    }
+
+    if ('raw' in result.result) {
+      return <ContractReadResultError>{ `Revert reason: ${ hexToUtf8(result.result.raw) }` }</ContractReadResultError>;
+    }
+
+    if ('method_id' in result.result) {
+      return <ContractReadResultError>{ JSON.stringify(result.result, undefined, 2) }</ContractReadResultError>;
+    }
+
+    return <ContractReadResultError>Something went wrong.</ContractReadResultError>;
   }
 
   return (
diff --git a/ui/address/contract/__screenshots__/ContractRead.pw.tsx_default_error-result-1.png b/ui/address/contract/__screenshots__/ContractRead.pw.tsx_default_error-result-1.png
deleted file mode 100644
index 66552cc739..0000000000
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diff --git a/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_complex-error-1.png b/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_complex-error-1.png
new file mode 100644
index 0000000000..80741a58e9
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diff --git a/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_default-error-1.png b/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_default-error-1.png
new file mode 100644
index 0000000000..31c2a142c1
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diff --git a/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_error-with-code-1.png b/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_error-with-code-1.png
new file mode 100644
index 0000000000..680fbde860
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diff --git a/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_raw-error-1.png b/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_raw-error-1.png
new file mode 100644
index 0000000000..dfbf8524ab
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diff --git a/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_success-1.png b/ui/address/contract/__screenshots__/ContractReadResult.pw.tsx_default_success-1.png
new file mode 100644
index 0000000000..9ed2619edd
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