diff --git a/CHANGELOG.md b/CHANGELOG.md
index c7f982fc03..4415485652 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -29,6 +29,7 @@
 - [#5786](https://github.com/blockscout/blockscout/pull/5786) - Replace `current_path` with `Controller.current_full_path` in two controllers
 - [#5948](https://github.com/blockscout/blockscout/pull/5948) - Fix unexpected messages in `CoinBalanceOnDemand`
 - [#6013](https://github.com/blockscout/blockscout/pull/6013) - Fix ERC-1155 tokens fetching
+- [#6043](https://github.com/blockscout/blockscout/pull/6043) - Fix token instance fetching
 
 ### Chore
 
diff --git a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/holder_controller.ex b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/holder_controller.ex
index 1712775ece..3ee291f43b 100644
--- a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/holder_controller.ex
+++ b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/holder_controller.ex
@@ -56,12 +56,12 @@ defmodule BlockScoutWeb.Tokens.Instance.HolderController do
 
     with {:ok, hash} <- Chain.string_to_address_hash(token_address_hash),
          {:ok, token} <- Chain.token_from_address_hash(hash, options),
-         {:ok, token_transfer} <-
-           Chain.erc721_token_instance_from_token_id_and_token_address(token_id, hash) do
+         {:ok, token_instance} <-
+           Chain.erc721_or_erc1155_token_instance_from_token_id_and_token_address(token_id, hash) do
       render(
         conn,
         "index.html",
-        token_instance: token_transfer,
+        token_instance: %{instance: token_instance, token_id: Decimal.new(token_id)},
         current_path: Controller.current_full_path(conn),
         token: Market.add_price(token),
         total_token_transfers: Chain.count_token_transfers_from_token_hash_and_token_id(hash, token_id)
diff --git a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/metadata_controller.ex b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/metadata_controller.ex
index e075e86cff..b404cc91b8 100644
--- a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/metadata_controller.ex
+++ b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/metadata_controller.ex
@@ -9,13 +9,13 @@ defmodule BlockScoutWeb.Tokens.Instance.MetadataController do
 
     with {:ok, hash} <- Chain.string_to_address_hash(token_address_hash),
          {:ok, token} <- Chain.token_from_address_hash(hash, options),
-         {:ok, token_transfer} <-
-           Chain.erc721_token_instance_from_token_id_and_token_address(token_id, hash) do
-      if token_transfer.instance && token_transfer.instance.metadata do
+         {:ok, token_instance} <-
+           Chain.erc721_or_erc1155_token_instance_from_token_id_and_token_address(token_id, hash) do
+      if token_instance.metadata do
         render(
           conn,
           "index.html",
-          token_instance: token_transfer,
+          token_instance: %{instance: token_instance, token_id: Decimal.new(token_id)},
           current_path: Controller.current_full_path(conn),
           token: Market.add_price(token),
           total_token_transfers: Chain.count_token_transfers_from_token_hash_and_token_id(hash, token_id)
diff --git a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/transfer_controller.ex b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/transfer_controller.ex
index 3aa9c61878..1e92527d0f 100644
--- a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/transfer_controller.ex
+++ b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/instance/transfer_controller.ex
@@ -58,12 +58,12 @@ defmodule BlockScoutWeb.Tokens.Instance.TransferController do
 
     with {:ok, hash} <- Chain.string_to_address_hash(token_address_hash),
          {:ok, token} <- Chain.token_from_address_hash(hash, options),
-         {:ok, token_transfer} <-
+         {:ok, token_instance} <-
            Chain.erc721_or_erc1155_token_instance_from_token_id_and_token_address(token_id, hash) do
       render(
         conn,
         "index.html",
-        token_instance: token_transfer,
+        token_instance: %{instance: token_instance, token_id: Decimal.new(token_id)},
         current_path: Controller.current_full_path(conn),
         token: Market.add_price(token),
         total_token_transfers: Chain.count_token_transfers_from_token_hash_and_token_id(hash, token_id)
diff --git a/apps/block_scout_web/test/block_scout_web/controllers/tokens/instance/transfer_controller_test.exs b/apps/block_scout_web/test/block_scout_web/controllers/tokens/instance/transfer_controller_test.exs
index ee04094cc9..8f4a49cabb 100644
--- a/apps/block_scout_web/test/block_scout_web/controllers/tokens/instance/transfer_controller_test.exs
+++ b/apps/block_scout_web/test/block_scout_web/controllers/tokens/instance/transfer_controller_test.exs
@@ -2,43 +2,29 @@ defmodule BlockScoutWeb.Tokens.Instance.TransferControllerTest do
   use BlockScoutWeb.ConnCase, async: false
 
   describe "GET token-transfers/2" do
-    test "works for ERC-721 tokens", %{conn: conn} do
+    test "fetches the instance", %{conn: conn} do
       contract_address = insert(:address)
 
       insert(:token, contract_address: contract_address)
 
-      token_id = 10
+      contract_address_hash = contract_address.hash
 
-      %{log_index: log_index} =
-        insert(:token_transfer,
-          from_address: contract_address,
-          token_contract_address: contract_address,
-          token_id: token_id
-        )
+      token_id = Decimal.new(10)
 
-      conn = get(conn, "/token/#{contract_address.hash}/instance/#{token_id}/token-transfers")
+      insert(:token_instance,
+        token_contract_address_hash: contract_address_hash,
+        token_id: token_id
+      )
 
-      assert %{assigns: %{token_instance: %{log_index: ^log_index}}} = conn
-    end
-
-    test "works for ERC-1155 tokens", %{conn: conn} do
-      contract_address = insert(:address)
-
-      insert(:token, contract_address: contract_address)
-
-      token_id = 10
-
-      %{log_index: log_index} =
-        insert(:token_transfer,
-          from_address: contract_address,
-          token_contract_address: contract_address,
-          token_id: nil,
-          token_ids: [token_id]
-        )
-
-      conn = get(conn, "/token/#{contract_address.hash}/instance/#{token_id}/token-transfers")
+      conn = get(conn, "/token/#{contract_address_hash}/instance/#{token_id}/token-transfers")
 
-      assert %{assigns: %{token_instance: %{log_index: ^log_index}}} = conn
+      assert %{
+               assigns: %{
+                 token_instance: %{
+                   instance: %{token_contract_address_hash: ^contract_address_hash, token_id: ^token_id}
+                 }
+               }
+             } = conn
     end
   end
 end
diff --git a/apps/explorer/lib/explorer/chain.ex b/apps/explorer/lib/explorer/chain.ex
index 8c121738bd..7b0c65c263 100644
--- a/apps/explorer/lib/explorer/chain.ex
+++ b/apps/explorer/lib/explorer/chain.ex
@@ -4882,20 +4882,10 @@ defmodule Explorer.Chain do
   end
 
   @spec erc721_or_erc1155_token_instance_from_token_id_and_token_address(binary(), Hash.Address.t()) ::
-          {:ok, TokenTransfer.t()} | {:error, :not_found}
+          {:ok, Instance.t()} | {:error, :not_found}
   def erc721_or_erc1155_token_instance_from_token_id_and_token_address(token_id, token_contract_address) do
     query =
-      from(tt in TokenTransfer,
-        left_join: instance in Instance,
-        on:
-          tt.token_contract_address_hash == instance.token_contract_address_hash and
-            (tt.token_id == instance.token_id or fragment("? @> ARRAY[?::decimal]", tt.token_ids, instance.token_id)),
-        where:
-          tt.token_contract_address_hash == ^token_contract_address and
-            (tt.token_id == ^token_id or fragment("? @> ARRAY[?::decimal]", tt.token_ids, ^Decimal.new(token_id))),
-        limit: 1,
-        select: %{tt | instance: instance}
-      )
+      from(i in Instance, where: i.token_contract_address_hash == ^token_contract_address and i.token_id == ^token_id)
 
     case Repo.one(query) do
       nil -> {:error, :not_found}
diff --git a/apps/explorer/lib/explorer/chain/token/instance.ex b/apps/explorer/lib/explorer/chain/token/instance.ex
index 1a6883492b..005ee3a2c0 100644
--- a/apps/explorer/lib/explorer/chain/token/instance.ex
+++ b/apps/explorer/lib/explorer/chain/token/instance.ex
@@ -18,7 +18,7 @@ defmodule Explorer.Chain.Token.Instance do
   @type t :: %Instance{
           token_id: non_neg_integer(),
           token_contract_address_hash: Hash.Address.t(),
-          metadata: map(),
+          metadata: map() | nil,
           error: String.t()
         }