diff --git a/go.mod b/go.mod
index 37e80d754cf..7c1e0bec2c6 100644
--- a/go.mod
+++ b/go.mod
@@ -13,7 +13,7 @@ require (
 	github.com/cosmos/cosmos-proto v0.0.0-20210914142853-23ed61ac79ce
 	github.com/cosmos/cosmos-sdk/db v0.0.0
 	github.com/cosmos/go-bip39 v1.0.0
-	github.com/cosmos/iavl v0.17.1
+	github.com/cosmos/iavl v0.17.2-0.20211019083829-a33fa2e01412
 	github.com/cosmos/ledger-cosmos-go v0.11.1
 	github.com/gogo/gateway v1.1.0
 	github.com/gogo/protobuf v1.3.3
diff --git a/go.sum b/go.sum
index 09157cacd23..cf41222aca8 100644
--- a/go.sum
+++ b/go.sum
@@ -196,6 +196,8 @@ github.com/cosmos/iavl v0.15.0-rc5/go.mod h1:WqoPL9yPTQ85QBMT45OOUzPxG/U/JcJoN7u
 github.com/cosmos/iavl v0.15.3/go.mod h1:OLjQiAQ4fGD2KDZooyJG9yz+p2ao2IAYSbke8mVvSA4=
 github.com/cosmos/iavl v0.17.1 h1:b/Cl8h1PRMvsu24+TYNlKchIu7W6tmxIBGe6E9u2Ybw=
 github.com/cosmos/iavl v0.17.1/go.mod h1:7aisPZK8yCpQdy3PMvKeO+bhq1NwDjUwjzxwwROUxFk=
+github.com/cosmos/iavl v0.17.2-0.20211019083829-a33fa2e01412 h1:yEFnh7YYR2JsB4tDX4wRVi/qWXHbozQFaBubMpTyxbY=
+github.com/cosmos/iavl v0.17.2-0.20211019083829-a33fa2e01412/go.mod h1:nEyKvca8rpXDwVoO305EBafOr3TAxdbrxxfVCwlaFf8=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76 h1:DdzS1m6o/pCqeZ8VOAit/gyATedRgjvkVI+UCrLpyuU=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76/go.mod h1:0mkLWIoZuQ7uBoospo5Q9zIpqq6rYCPJDSUdeCJvPM8=
 github.com/cosmos/ledger-cosmos-go v0.11.1 h1:9JIYsGnXP613pb2vPjFeMMjBI5lEDsEaF6oYorTy6J4=
diff --git a/store/iavl/store.go b/store/iavl/store.go
index 9b63a9a80df..79960d8b986 100644
--- a/store/iavl/store.go
+++ b/store/iavl/store.go
@@ -4,7 +4,6 @@ import (
 	"errors"
 	"fmt"
 	"io"
-	"sync"
 	"time"
 
 	ics23 "github.com/confio/ics23/go"
@@ -18,7 +17,6 @@ import (
 	"github.com/cosmos/cosmos-sdk/store/tracekv"
 	"github.com/cosmos/cosmos-sdk/store/types"
 	"github.com/cosmos/cosmos-sdk/telemetry"
-	sdk "github.com/cosmos/cosmos-sdk/types"
 	sdkerrors "github.com/cosmos/cosmos-sdk/types/errors"
 	"github.com/cosmos/cosmos-sdk/types/kv"
 )
@@ -378,29 +376,7 @@ func getProofFromTree(tree *iavl.MutableTree, key []byte, exists bool) *tmcrypto
 
 // Implements types.Iterator.
 type iavlIterator struct {
-	// Domain
-	start, end []byte
-
-	key   []byte // The current key (mutable)
-	value []byte // The current value (mutable)
-
-	// Underlying store
-	tree *iavl.ImmutableTree
-
-	// Channel to push iteration values.
-	iterCh chan kv.Pair
-
-	// Close this to release goroutine.
-	quitCh chan struct{}
-
-	// Close this to signal that state is initialized.
-	initCh chan struct{}
-
-	mtx sync.Mutex
-
-	ascending bool // Iteration order
-
-	invalid bool // True once, true forever (mutable)
+	*iavl.Iterator
 }
 
 var _ types.Iterator = (*iavlIterator)(nil)
@@ -410,140 +386,7 @@ var _ types.Iterator = (*iavlIterator)(nil)
 // goroutine.
 func newIAVLIterator(tree *iavl.ImmutableTree, start, end []byte, ascending bool) *iavlIterator {
 	iter := &iavlIterator{
-		tree:      tree,
-		start:     sdk.CopyBytes(start),
-		end:       sdk.CopyBytes(end),
-		ascending: ascending,
-		iterCh:    make(chan kv.Pair), // Set capacity > 0?
-		quitCh:    make(chan struct{}),
-		initCh:    make(chan struct{}),
+		Iterator: tree.Iterator(start, end, ascending),
 	}
-	go iter.iterateRoutine()
-	go iter.initRoutine()
 	return iter
 }
-
-// Run this to funnel items from the tree to iterCh.
-func (iter *iavlIterator) iterateRoutine() {
-	iter.tree.IterateRange(
-		iter.start, iter.end, iter.ascending,
-		func(key, value []byte) bool {
-			select {
-			case <-iter.quitCh:
-				return true // done with iteration.
-			case iter.iterCh <- kv.Pair{Key: key, Value: value}:
-				return false // yay.
-			}
-		},
-	)
-	close(iter.iterCh) // done.
-}
-
-// Run this to fetch the first item.
-func (iter *iavlIterator) initRoutine() {
-	iter.receiveNext()
-	close(iter.initCh)
-}
-
-// Implements types.Iterator.
-func (iter *iavlIterator) Domain() (start, end []byte) {
-	return iter.start, iter.end
-}
-
-// Implements types.Iterator.
-func (iter *iavlIterator) Valid() bool {
-	iter.waitInit()
-	iter.mtx.Lock()
-
-	validity := !iter.invalid
-	iter.mtx.Unlock()
-	return validity
-}
-
-// Implements types.Iterator.
-func (iter *iavlIterator) Next() {
-	iter.waitInit()
-	iter.mtx.Lock()
-	iter.assertIsValid(true)
-
-	iter.receiveNext()
-	iter.mtx.Unlock()
-}
-
-// Implements types.Iterator.
-func (iter *iavlIterator) Key() []byte {
-	iter.waitInit()
-	iter.mtx.Lock()
-	iter.assertIsValid(true)
-
-	key := iter.key
-	iter.mtx.Unlock()
-	return key
-}
-
-// Implements types.Iterator.
-func (iter *iavlIterator) Value() []byte {
-	iter.waitInit()
-	iter.mtx.Lock()
-	iter.assertIsValid(true)
-
-	val := iter.value
-	iter.mtx.Unlock()
-	return val
-}
-
-// Close closes the IAVL iterator by closing the quit channel and waiting for
-// the iterCh to finish/close.
-func (iter *iavlIterator) Close() error {
-	close(iter.quitCh)
-	// wait iterCh to close
-	for range iter.iterCh {
-	}
-
-	return nil
-}
-
-// Error performs a no-op.
-func (iter *iavlIterator) Error() error {
-	return nil
-}
-
-//----------------------------------------
-
-func (iter *iavlIterator) setNext(key, value []byte) {
-	iter.assertIsValid(false)
-
-	iter.key = key
-	iter.value = value
-}
-
-func (iter *iavlIterator) setInvalid() {
-	iter.assertIsValid(false)
-
-	iter.invalid = true
-}
-
-func (iter *iavlIterator) waitInit() {
-	<-iter.initCh
-}
-
-func (iter *iavlIterator) receiveNext() {
-	kvPair, ok := <-iter.iterCh
-	if ok {
-		iter.setNext(kvPair.Key, kvPair.Value)
-	} else {
-		iter.setInvalid()
-	}
-}
-
-// assertIsValid panics if the iterator is invalid. If unlockMutex is true,
-// it also unlocks the mutex before panicing, to prevent deadlocks in code that
-// recovers from panics
-func (iter *iavlIterator) assertIsValid(unlockMutex bool) {
-	if iter.invalid {
-		if unlockMutex {
-			iter.mtx.Unlock()
-		}
-		panic("invalid iterator")
-	}
-}