diff --git a/libs/balances-and-allowances/src/utils/multicallTokens.ts b/libs/balances-and-allowances/src/utils/multicallTokens.ts
deleted file mode 100644
index 1b488e69b0..0000000000
--- a/libs/balances-and-allowances/src/utils/multicallTokens.ts
+++ /dev/null
@@ -1,61 +0,0 @@
-import { Multicall3, Multicall3Abi } from '@cowprotocol/abis'
-import { TokenWithLogo } from '@cowprotocol/common-const'
-import { Contract } from '@ethersproject/contracts'
-import type { Web3Provider } from '@ethersproject/providers'
-
-const multicallAddress = '0xcA11bde05977b3631167028862bE2a173976CA11'
-
-const DEFAULT_BATCH_SIZE = 200
-
-export interface MulticallTokensParams {
-  tokens: TokenWithLogo[]
-  callData: string
-  provider: Web3Provider
-  mapper?: (value: string, token: TokenWithLogo) => unknown
-  batchSize?: number
-}
-
-/**
- * TODO: add backOffs, fallbacks, etc
- */
-export async function multicallTokens<T = string>(params: MulticallTokensParams): Promise<{ [address: string]: T }> {
-  const { tokens, callData, provider, mapper, batchSize = DEFAULT_BATCH_SIZE } = params
-
-  const multicall = new Contract(multicallAddress, Multicall3Abi, provider) as Multicall3
-
-  const batches = tokens.reduce<TokenWithLogo[][]>((acc, token, index) => {
-    const batchIndex = Math.floor(index / batchSize)
-
-    if (!acc[batchIndex]) acc[batchIndex] = []
-
-    acc[batchIndex].push(token)
-    return acc
-  }, [])
-
-  const calls = batches.map((batch) => batchToCalls(batch, callData))
-
-  const requests = calls.map((batch) => {
-    return multicall.callStatic.tryAggregate(false, batch)
-  })
-
-  return await Promise.all(requests).then((results) => {
-    return batches.reduce<{ [key: string]: T }>((acc, batch, batchIndex) => {
-      batch.forEach((token, i) => {
-        const value = results[batchIndex][i].returnData
-
-        acc[token.address.toLowerCase()] = (mapper ? mapper(value, token) : value) as T
-      })
-
-      return acc
-    }, {})
-  })
-}
-
-function batchToCalls(tokens: TokenWithLogo[], callData: string): Multicall3.CallStruct[] {
-  return tokens.map<Multicall3.CallStruct>((token) => {
-    return {
-      target: token.address,
-      callData,
-    }
-  })
-}