diff --git a/examples/examples/dynamic_queries.rs b/examples/examples/dynamic_queries.rs
index bc1683c6e9..08e67ea461 100644
--- a/examples/examples/dynamic_queries.rs
+++ b/examples/examples/dynamic_queries.rs
@@ -51,7 +51,7 @@ async fn main() -> Result<(), Box<dyn std::error::Error>> {
     // 2. Dynamic constant access (the dynamic equivalent to the fetch_constants example).
 
     let constant_address = subxt::dynamic::constant("Balances", "ExistentialDeposit");
-    let existential_deposit = api.constants().at(&constant_address)?;
+    let existential_deposit = api.constants().at(&constant_address)?.to_value()?;
     println!("Existential Deposit: {}", existential_deposit);
 
     // 3. Dynamic storage access
@@ -67,7 +67,8 @@ async fn main() -> Result<(), Box<dyn std::error::Error>> {
     let account = api
         .storage()
         .fetch_or_default(&storage_address, None)
-        .await?;
+        .await?
+        .to_value()?;
     println!("Bob's account details: {account}");
 
     // 4. Dynamic storage iteration (the dynamic equivalent to the fetch_all_accounts example).
@@ -75,7 +76,7 @@ async fn main() -> Result<(), Box<dyn std::error::Error>> {
     let storage_address = subxt::dynamic::storage_root("System", "Account");
     let mut iter = api.storage().iter(storage_address, 10, None).await?;
     while let Some((key, account)) = iter.next().await? {
-        println!("{}: {}", hex::encode(key), account);
+        println!("{}: {}", hex::encode(key), account.to_value()?);
     }
 
     Ok(())
diff --git a/subxt/src/constants/constant_address.rs b/subxt/src/constants/constant_address.rs
index 545c25afc7..cb3cdbdfa7 100644
--- a/subxt/src/constants/constant_address.rs
+++ b/subxt/src/constants/constant_address.rs
@@ -3,7 +3,7 @@
 // see LICENSE for license details.
 
 use crate::{
-    dynamic::DecodedValue,
+    dynamic::DecodedValueThunk,
     metadata::DecodeWithMetadata,
 };
 use std::borrow::Cow;
@@ -97,7 +97,7 @@ pub fn dynamic<'a>(
 }
 
 impl<'a> ConstantAddress for DynamicConstantAddress<'a> {
-    type Target = DecodedValue;
+    type Target = DecodedValueThunk;
 
     fn pallet_name(&self) -> &str {
         &self.pallet_name
diff --git a/subxt/src/dynamic.rs b/subxt/src/dynamic.rs
index 29dd3dc262..db42ba7f41 100644
--- a/subxt/src/dynamic.rs
+++ b/subxt/src/dynamic.rs
@@ -5,6 +5,14 @@
 //! This module provides the entry points to create dynamic
 //! transactions, storage and constant lookups.
 
+use crate::{
+    error::Error,
+    metadata::{
+        DecodeWithMetadata,
+        Metadata,
+    },
+};
+
 pub use scale_value::Value;
 
 /// A [`scale_value::Value`] type endowed with contextual information
@@ -24,3 +32,50 @@ pub use crate::storage::{
     dynamic as storage,
     dynamic_root as storage_root,
 };
+
+/// This is the result of making a dynamic request to a node. From this,
+/// we can return the raw SCALE bytes that we were handed back, or we can
+/// complete the decoding of the bytes into a [`DecodedValue`] type.
+pub struct DecodedValueThunk {
+    type_id: u32,
+    metadata: Metadata,
+    scale_bytes: Vec<u8>,
+}
+
+impl DecodeWithMetadata for DecodedValueThunk {
+    type Target = Self;
+
+    fn decode_with_metadata(
+        bytes: &mut &[u8],
+        type_id: u32,
+        metadata: &Metadata,
+    ) -> Result<Self::Target, Error> {
+        let mut v = Vec::with_capacity(bytes.len());
+        v.extend_from_slice(*bytes);
+        *bytes = &[];
+        Ok(DecodedValueThunk {
+            type_id,
+            metadata: metadata.clone(),
+            scale_bytes: v,
+        })
+    }
+}
+
+impl DecodedValueThunk {
+    /// Return the SCALE encoded bytes handed back from the node.
+    pub fn to_encoded(self) -> Vec<u8> {
+        self.scale_bytes
+    }
+    /// Return the SCALE encoded bytes handed back from the node without taking ownership of them.
+    pub fn encoded(&self) -> &[u8] {
+        &self.scale_bytes
+    }
+    /// Decode the SCALE encoded storage entry into a dynamic [`DecodedValue`] type.
+    pub fn to_value(&self) -> Result<DecodedValue, Error> {
+        DecodedValue::decode_with_metadata(
+            &mut &*self.scale_bytes,
+            self.type_id,
+            &self.metadata,
+        )
+    }
+}
diff --git a/subxt/src/storage/storage_address.rs b/subxt/src/storage/storage_address.rs
index 238b26f6e4..e0c80ba384 100644
--- a/subxt/src/storage/storage_address.rs
+++ b/subxt/src/storage/storage_address.rs
@@ -5,7 +5,7 @@
 use super::storage_map_key::StorageMapKey;
 use crate::{
     dynamic::{
-        DecodedValue,
+        DecodedValueThunk,
         Value,
     },
     error::{
@@ -194,7 +194,7 @@ impl<'a, Encodable> StorageAddress for DynamicStorageAddress<'a, Encodable>
 where
     Encodable: EncodeWithMetadata,
 {
-    type Target = DecodedValue;
+    type Target = DecodedValueThunk;
 
     // For dynamic types, we have no static guarantees about any of
     // this stuff, so we just allow it and let it fail at runtime:
diff --git a/testing/integration-tests/src/frame/balances.rs b/testing/integration-tests/src/frame/balances.rs
index 189c7e8946..40b20ac3c9 100644
--- a/testing/integration-tests/src/frame/balances.rs
+++ b/testing/integration-tests/src/frame/balances.rs
@@ -164,11 +164,35 @@ async fn tx_dynamic_transfer() -> Result<(), subxt::Error> {
         .fetch_or_default(&bob_account_addr, None)
         .await?;
 
-    let alice_pre_free = alice_pre.at("data").at("free").unwrap().as_u128().unwrap();
-    let alice_post_free = alice_post.at("data").at("free").unwrap().as_u128().unwrap();
+    let alice_pre_free = alice_pre
+        .to_value()?
+        .at("data")
+        .at("free")
+        .unwrap()
+        .as_u128()
+        .unwrap();
+    let alice_post_free = alice_post
+        .to_value()?
+        .at("data")
+        .at("free")
+        .unwrap()
+        .as_u128()
+        .unwrap();
 
-    let bob_pre_free = bob_pre.at("data").at("free").unwrap().as_u128().unwrap();
-    let bob_post_free = bob_post.at("data").at("free").unwrap().as_u128().unwrap();
+    let bob_pre_free = bob_pre
+        .to_value()?
+        .at("data")
+        .at("free")
+        .unwrap()
+        .as_u128()
+        .unwrap();
+    let bob_post_free = bob_post
+        .to_value()?
+        .at("data")
+        .at("free")
+        .unwrap()
+        .as_u128()
+        .unwrap();
 
     assert!(alice_pre_free - 10_000 >= alice_post_free);
     assert_eq!(bob_pre_free + 10_000, bob_post_free);