diff --git a/web/cashtab/src/utils/__mocks__/chronikWs.js b/web/cashtab/src/utils/__mocks__/chronikWs.js
new file mode 100644
--- /dev/null
+++ b/web/cashtab/src/utils/__mocks__/chronikWs.js
@@ -0,0 +1,67 @@
+export const lambdaHash160s = [
+    '58549b5b93428fac88e36617456cd99a411bd0eb',
+    '438a162355ef683062a7fde9d08dd720397aaee8',
+    '76458db0ed96fe9863fc1ccec9fa2cfab884b0f6',
+];
+
+export const lambdaIncomingXecTx = {
+    txid: 'ac83faac54059c89c41dea4c3d6704e4f74fb82e4ad2fb948e640f1d19b760de',
+    version: 2,
+    inputs: [
+        {
+            prevOut: {
+                txid: '783428349b7b040b473ca9720ddbb2eda6fe28db16883ae47f3113b7a0977915',
+                outIdx: 1,
+            },
+            inputScript:
+                '48304502210094c497d6a0ce9ca6d79819467a1bb3953084b2e003ac7edac3b4f0634800baab02205729e229bd96d3a35cece712e3e9ec2d3f610a43d7712928f806983f209fbd72412103318d0e1109f32debc66952d0e3ec21b1cf96575ea4c2a97a6535628f7f8b10e6',
+            outputScript: '76a9144e532257c01b310b3b5c1fd947c79a72addf852388ac',
+            value: '517521',
+            sequenceNo: 4294967295,
+        },
+    ],
+    outputs: [
+        {
+            value: '4200',
+            outputScript: '76a91476458db0ed96fe9863fc1ccec9fa2cfab884b0f688ac',
+        },
+        {
+            value: '512866',
+            outputScript: '76a9144e532257c01b310b3b5c1fd947c79a72addf852388ac',
+        },
+    ],
+    lockTime: 0,
+    timeFirstSeen: '1652811898',
+    network: 'XEC',
+};
+
+export const lambdaOutgoingXecTx = {
+    txid: 'b82a67f929d256c9beb04a850ad735f3b322156cc9df2e37cadc130cc4fab660',
+    version: 2,
+    inputs: [
+        {
+            prevOut: {
+                txid: 'bb161d20f884ce45374fa3f9f1452290a2e52e93c8b552f559fad8ccd1ca33cc',
+                outIdx: 5,
+            },
+            inputScript:
+                '473044022054a6b2065a0b0bbe70048e782aa9be048cc8bee0a241d08d0b98fcd74505a90202201ed5224f34c9ff73dc0c581390247686af521476a977a58e55ed33c4afd177c2412102c237f49dd4c812f27b09d69d4c8a4da12744fda8ad63ce151fed2a3f41fd8795',
+            outputScript: '76a91476458db0ed96fe9863fc1ccec9fa2cfab884b0f688ac',
+            value: '4400000',
+            sequenceNo: 4294967295,
+        },
+    ],
+    outputs: [
+        {
+            value: '22200',
+            outputScript: '76a9144e532257c01b310b3b5c1fd947c79a72addf852388ac',
+        },
+        {
+            value: '4377345',
+            outputScript: '76a91476458db0ed96fe9863fc1ccec9fa2cfab884b0f688ac',
+        },
+    ],
+    lockTime: 0,
+    timeFirstSeen: '1652823464',
+    network: 'XEC',
+};
diff --git a/web/cashtab/src/utils/__tests__/cashMethods.test.js b/web/cashtab/src/utils/__tests__/cashMethods.test.js
--- a/web/cashtab/src/utils/__tests__/cashMethods.test.js
+++ b/web/cashtab/src/utils/__tests__/cashMethods.test.js
@@ -25,6 +25,7 @@
     areAllUtxosIncludedInIncrementallyHydratedUtxos,
     convertEcashtoEtokenAddr,
     getHashArrayFromWallet,
+    parseChronikTx,
 } from 'utils/cashMethods';
 import { currency } from 'components/Common/Ticker';
 import {
@@ -159,6 +160,12 @@
 } from '../__mocks__/incrementalUtxoMocks';
 import mockLegacyWallets from 'hooks/__mocks__/mockLegacyWallets';
 
+import {
+    lambdaHash160s,
+    lambdaIncomingXecTx,
+    lambdaOutgoingXecTx,
+} from '../__mocks__/chronikWs';
+
 describe('Correctly executes cash utility functions', () => {
     it(`Correctly converts smallest base unit to smallest decimal for cashDecimals = 2`, () => {
         expect(fromSmallestDenomination(1, 2)).toBe(0.01);
@@ -895,4 +902,22 @@
             'ba8257db65f40359989c7b894c5e88ed7b6344f6',
         ]);
     });
+    it(`Successfully parses an incoming XEC tx`, () => {
+        expect(
+            parseChronikTx(lambdaIncomingXecTx, lambdaHash160s),
+        ).toStrictEqual({
+            incoming: true,
+            xecAmount: '42',
+            isEtokenTx: false,
+        });
+    });
+    it(`Successfully parses an outgoing XEC tx`, () => {
+        expect(
+            parseChronikTx(lambdaOutgoingXecTx, lambdaHash160s),
+        ).toStrictEqual({
+            incoming: false,
+            xecAmount: '222',
+            isEtokenTx: false,
+        });
+    });
 });
diff --git a/web/cashtab/src/utils/cashMethods.js b/web/cashtab/src/utils/cashMethods.js
--- a/web/cashtab/src/utils/cashMethods.js
+++ b/web/cashtab/src/utils/cashMethods.js
@@ -992,3 +992,54 @@
             : false;
     return hash160Array;
 };
+
+export const parseChronikTx = (tx, walletHash160s) => {
+    const { inputs, outputs } = tx;
+    // Assign defaults
+    let incoming = true;
+    let xecAmount = new BigNumber(0);
+    const isEtokenTx = 'slpTxData' in tx && typeof tx.slpTxData !== 'undefined';
+
+    // Iterate over inputs to see if this is an incoming tx (incoming === true)
+    for (let i = 0; i < inputs.length; i += 1) {
+        const thisInput = inputs[i];
+        const thisInputSendingHash160 = thisInput.outputScript;
+        for (let j = 0; j < walletHash160s.length; j += 1) {
+            const thisWalletHash160 = walletHash160s[j];
+            if (thisInputSendingHash160.includes(thisWalletHash160)) {
+                // Then this is an outgoing tx
+                incoming = false;
+                // Break out of this for loop once you know this is an incoming tx
+                break;
+            }
+        }
+    }
+    // Iterate over outputs to get the amount sent
+    for (let i = 0; i < outputs.length; i += 1) {
+        const thisOutput = outputs[i];
+        const thisOutputReceivedAtHash160 = thisOutput.outputScript;
+        // Find amounts at your wallet's addresses
+        for (let j = 0; j < walletHash160s.length; j += 1) {
+            const thisWalletHash160 = walletHash160s[j];
+            if (thisOutputReceivedAtHash160.includes(thisWalletHash160)) {
+                // If incoming tx, this is amount received by the user's wallet
+                // if outgoing tx (incoming === false), then this is a change amount
+                const thisOutputAmount = new BigNumber(thisOutput.value);
+                xecAmount = incoming
+                    ? xecAmount.plus(thisOutputAmount)
+                    : xecAmount.minus(thisOutputAmount);
+            }
+        }
+        // Output amounts not at your wallet are sent amounts if !incoming
+        if (!incoming) {
+            const thisOutputAmount = new BigNumber(thisOutput.value);
+            xecAmount = xecAmount.plus(thisOutputAmount);
+        }
+    }
+    // Convert from sats to XEC
+    xecAmount = xecAmount.shiftedBy(-1 * currency.cashDecimals);
+    // Convert from BigNumber to string
+    xecAmount = xecAmount.toString();
+
+    return { incoming, xecAmount, isEtokenTx };
+};