diff --git a/CHANGELOG.md b/CHANGELOG.md
index ad9969a5fe..38e2fb44d6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -73,6 +73,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 * (rpc) [#536](https://github.com/crypto-org-chain/ethermint/pull/536) Fix validate basic after transaction conversion with raw field.
 * (cli) [#537](https://github.com/crypto-org-chain/ethermint/pull/537) Fix unsuppored sign mode SIGN_MODE_TEXTUAL for bank transfer.
 * (cli) [#543](https://github.com/crypto-org-chain/ethermint/pull/543) Fix graceful shutdown.
+* (rpc) [#545](https://github.com/crypto-org-chain/ethermint/pull/545) Fix state overwrite in debug trace APIs.
 
 ### Improvements
 
diff --git a/x/evm/keeper/state_transition.go b/x/evm/keeper/state_transition.go
index f5675d60a2..3b4906246e 100644
--- a/x/evm/keeper/state_transition.go
+++ b/x/evm/keeper/state_transition.go
@@ -328,7 +328,11 @@ func (k *Keeper) ApplyMessageWithConfig(
 	tracer := cfg.GetTracer()
 	if tracer != nil {
 		if cfg.DebugTrace {
-			stateDB.SubBalance(sender.Address(), new(big.Int).Mul(msg.GasPrice, new(big.Int).SetUint64(msg.GasLimit)))
+			amount := new(big.Int).Mul(msg.GasPrice, new(big.Int).SetUint64(msg.GasLimit))
+			stateDB.SubBalance(sender.Address(), amount)
+			if err := stateDB.Error(); err != nil {
+				return nil, err
+			}
 			stateDB.SetNonce(sender.Address(), stateDB.GetNonce(sender.Address())+1)
 		}
 		tracer.CaptureTxStart(leftoverGas)
diff --git a/x/evm/keeper/statedb.go b/x/evm/keeper/statedb.go
index e4e6f0d9ae..e718de0148 100644
--- a/x/evm/keeper/statedb.go
+++ b/x/evm/keeper/statedb.go
@@ -138,20 +138,6 @@ func (k *Keeper) SetAccount(ctx sdk.Context, addr common.Address, account stated
 	return nil
 }
 
-func (k *Keeper) incrNonce(ctx sdk.Context, addr sdk.AccAddress) error {
-	acct := k.accountKeeper.GetAccount(ctx, addr)
-	if acct == nil {
-		acct = k.accountKeeper.NewAccountWithAddress(ctx, addr)
-	}
-
-	if err := acct.SetSequence(acct.GetSequence() + 1); err != nil {
-		return err
-	}
-
-	k.accountKeeper.SetAccount(ctx, acct)
-	return nil
-}
-
 // SetState update contract storage, delete if value is empty.
 func (k *Keeper) SetState(ctx sdk.Context, addr common.Address, key common.Hash, value []byte) {
 	store := prefix.NewStore(ctx.KVStore(k.storeKey), types.AddressStoragePrefix(addr))
diff --git a/x/evm/statedb/statedb.go b/x/evm/statedb/statedb.go
index b5f3caf027..ab4f7ac414 100644
--- a/x/evm/statedb/statedb.go
+++ b/x/evm/statedb/statedb.go
@@ -637,6 +637,10 @@ func (s *StateDB) RevertToSnapshot(revid int) {
 	s.validRevisions = s.validRevisions[:idx]
 }
 
+func (s *StateDB) Error() error {
+	return s.err
+}
+
 // Commit writes the dirty states to keeper
 // the StateDB object should be discarded after committed.
 func (s *StateDB) Commit() error {