diff --git a/.dialyzer-ignore b/.dialyzer-ignore
index bf2a526f58..0ad50fe2a7 100644
--- a/.dialyzer-ignore
+++ b/.dialyzer-ignore
@@ -23,7 +23,7 @@ lib/block_scout_web/controllers/api/rpc/transaction_controller.ex:21
 lib/block_scout_web/controllers/api/rpc/transaction_controller.ex:22
 lib/explorer/smart_contract/reader.ex:330
 lib/indexer/fetcher/token_total_supply_on_demand.ex:16
-lib/explorer/exchange_rates/source.ex:41
+lib/explorer/exchange_rates/source.ex:45
 lib/explorer/exchange_rates/source/coin_gecko.ex:148
 lib/explorer/exchange_rates/source/coin_gecko.ex:169
 lib/explorer/smart_contract/verifier.ex:89
diff --git a/CHANGELOG.md b/CHANGELOG.md
index efeb5176ca..6d2226bd1a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -11,6 +11,7 @@
 
 
 ### Fixes
+- [#3396](https://github.com/poanetwork/blockscout/pull/3396) - Handle exchange rates request throttled
 - [#3382](https://github.com/poanetwork/blockscout/pull/3382) - Check ets table exists for know tokens
 - [#3376](https://github.com/poanetwork/blockscout/pull/3376) - Fix contract nested inputs
 - [#3375](https://github.com/poanetwork/blockscout/pull/3375) - Prevent terminating of tokens/contracts process
diff --git a/apps/explorer/lib/explorer/exchange_rates/exchange_rates.ex b/apps/explorer/lib/explorer/exchange_rates/exchange_rates.ex
index f0ed6f0f54..fba8977fac 100644
--- a/apps/explorer/lib/explorer/exchange_rates/exchange_rates.ex
+++ b/apps/explorer/lib/explorer/exchange_rates/exchange_rates.ex
@@ -2,7 +2,7 @@ defmodule Explorer.ExchangeRates do
   @moduledoc """
   Local cache for token exchange rates.
 
-  Exchange rate data is updated every 5 minutes.
+  Exchange rate data is updated every 10 minutes.
   """
 
   use GenServer
@@ -12,7 +12,7 @@ defmodule Explorer.ExchangeRates do
   alias Explorer.Chain.Events.Publisher
   alias Explorer.ExchangeRates.{Source, Token}
 
-  @interval :timer.minutes(5)
+  @interval :timer.minutes(10)
   @table_name :exchange_rates
 
   @impl GenServer
@@ -42,7 +42,7 @@ defmodule Explorer.ExchangeRates do
   def handle_info({_ref, {:error, reason}}, state) do
     Logger.warn(fn -> "Failed to get exchange rates with reason '#{reason}'." end)
 
-    fetch_rates()
+    schedule_next_consolidation()
 
     {:noreply, state}
   end
@@ -77,6 +77,10 @@ defmodule Explorer.ExchangeRates do
     GenServer.start_link(__MODULE__, opts, name: __MODULE__)
   end
 
+  defp schedule_next_consolidation do
+    Process.send_after(self(), :update, :timer.minutes(1))
+  end
+
   @doc """
   Lists exchange rates for the tracked tickers.
   """
diff --git a/apps/explorer/lib/explorer/exchange_rates/source.ex b/apps/explorer/lib/explorer/exchange_rates/source.ex
index 20422a0b33..470458a657 100644
--- a/apps/explorer/lib/explorer/exchange_rates/source.ex
+++ b/apps/explorer/lib/explorer/exchange_rates/source.ex
@@ -33,7 +33,11 @@ defmodule Explorer.ExchangeRates.Source do
         {:ok, result}
 
       {:ok, %Response{body: body, status_code: status_code}} when status_code in 400..499 ->
-        {:error, decode_json(body)["error"]}
+        if is_map(decode_json(body)) do
+          {:error, decode_json(body)["error"]}
+        else
+          {:error, body}
+        end
 
       {:error, %Error{reason: reason}} ->
         {:error, reason}
@@ -41,8 +45,6 @@ defmodule Explorer.ExchangeRates.Source do
       {:error, :nxdomain} ->
         {:error, "CoinGecko is not responsive"}
     end
-  after
-    {:error, ""}
   end
 
   @doc """
diff --git a/apps/explorer/test/explorer/exchange_rates/exchange_rates_test.exs b/apps/explorer/test/explorer/exchange_rates/exchange_rates_test.exs
index d1bed67de1..26ae7f1e5b 100644
--- a/apps/explorer/test/explorer/exchange_rates/exchange_rates_test.exs
+++ b/apps/explorer/test/explorer/exchange_rates/exchange_rates_test.exs
@@ -106,7 +106,10 @@ defmodule Explorer.ExchangeRatesTest do
 
       assert {:noreply, ^state} = ExchangeRates.handle_info({nil, {:error, "some error"}}, state)
 
-      assert_receive {_, {:ok, _}}
+      assert_receive :update
+
+      assert {:noreply, ^state} = ExchangeRates.handle_info(:update, state)
+      assert_receive {_, {:ok, [%Token{}]}}
     end
   end