diff --git a/packages/page-assets/src/useAssetIds.ts b/packages/page-assets/src/useAssetIds.ts
index 86c8ff79f7..af39a7e47a 100644
--- a/packages/page-assets/src/useAssetIds.ts
+++ b/packages/page-assets/src/useAssetIds.ts
@@ -1,26 +1,40 @@
 // Copyright 2017-2022 @polkadot/app-assets authors & contributors
 // SPDX-License-Identifier: Apache-2.0
 
+import type { Changes } from '@polkadot/react-hooks/useEventChanges';
 import type { StorageKey } from '@polkadot/types';
-import type { AssetId } from '@polkadot/types/interfaces';
+import type { AssetId, EventRecord } from '@polkadot/types/interfaces';
 
-import { createNamedHook, useApi, useEventTrigger, useMapKeys } from '@polkadot/react-hooks';
+import { createNamedHook, useApi, useEventChanges, useMapKeys } from '@polkadot/react-hooks';
 
-const options = {
+const keyOptions = {
   transform: (keys: StorageKey<[AssetId]>[]): AssetId[] =>
-    keys
-      .map(({ args: [assetId] }) => assetId)
-      .sort((a, b) => a.cmp(b))
+    keys.map(({ args: [id] }) => id)
 };
 
+function filter (records: EventRecord[]): Changes<AssetId> {
+  const added: AssetId[] = [];
+  const removed: AssetId[] = [];
+
+  records.forEach(({ event: { data: [id], method } }): void => {
+    if (method === 'Created') {
+      added.push(id as AssetId);
+    } else {
+      removed.push(id as AssetId);
+    }
+  });
+
+  return { added, removed };
+}
+
 function useAssetIdsImpl (): AssetId[] | undefined {
   const { api } = useApi();
-  const trigger = useEventTrigger([
+  const startValue = useMapKeys(api.query.assets.asset, keyOptions);
+
+  return useEventChanges([
     api.events.assets.Created,
     api.events.assets.Destroyed
-  ]);
-
-  return useMapKeys(api.query.assets.asset, options, trigger.blockHash);
+  ], filter, startValue);
 }
 
 export default createNamedHook('useAssetIds', useAssetIdsImpl);
diff --git a/packages/react-hooks/src/index.ts b/packages/react-hooks/src/index.ts
index 82cca3e3e2..04bcd81dcc 100644
--- a/packages/react-hooks/src/index.ts
+++ b/packages/react-hooks/src/index.ts
@@ -26,6 +26,7 @@ export { useDeriveAccountFlags } from './useDeriveAccountFlags';
 export { useDeriveAccountInfo } from './useDeriveAccountInfo';
 export { useElementPosition } from './useElementPosition';
 export { useEndpoint } from './useEndpoint';
+export { useEventChanges } from './useEventChanges';
 export { useEventTrigger } from './useEventTrigger';
 export { useExtrinsicTrigger } from './useExtrinsicTrigger';
 export { useFavorites } from './useFavorites';
diff --git a/packages/react-hooks/src/useEventChanges.ts b/packages/react-hooks/src/useEventChanges.ts
new file mode 100644
index 0000000000..f32dec9549
--- /dev/null
+++ b/packages/react-hooks/src/useEventChanges.ts
@@ -0,0 +1,63 @@
+// Copyright 2017-2022 @polkadot/react-hooks authors & contributors
+// SPDX-License-Identifier: Apache-2.0
+
+import type { u32 } from '@polkadot/types';
+import type { EventRecord } from '@polkadot/types/interfaces';
+import type { Codec } from '@polkadot/types/types';
+import type { EventCheck } from './useEventTrigger';
+
+import { useEffect, useState } from 'react';
+
+import { isFunction } from '@polkadot/util';
+
+import { useEventTrigger } from './useEventTrigger';
+
+export interface Changes<T extends Codec> {
+  added?: T[];
+  removed?: T[];
+}
+
+function interleave <T extends Codec> (existing: T[], { added = [], removed = [] }: Changes<T>): T[] {
+  if (!added.length && !removed.length) {
+    return existing;
+  }
+
+  const map: Record<string, T> = {};
+
+  [existing, added].forEach((m) =>
+    m.forEach((v): void => {
+      map[v.toHex()] = v;
+    })
+  );
+
+  removed.forEach((v): void => {
+    delete map[v.toHex()];
+  });
+
+  return Object
+    .entries(map)
+    .sort((a, b) =>
+      // for BN-like objects, we use the built-in compare for sorting
+      isFunction((a[1] as unknown as u32).cmp)
+        ? (a[1] as unknown as u32).cmp(b[1] as unknown as u32)
+        : a[0].localeCompare(b[0])
+    )
+    .map(([, v]) => v);
+}
+
+export function useEventChanges <T extends Codec> (checks: EventCheck[], filter: (records: EventRecord[]) => Changes<T>, startValue?: T[]): T[] {
+  const [state, setState] = useState<T[]>([]);
+  const { blockHash, events } = useEventTrigger(checks);
+
+  // when startValue changes, we do a full refresh
+  useEffect((): void => {
+    startValue && setState((prev) => interleave(prev, { added: startValue }));
+  }, [startValue]);
+
+  // add/remove any additional items detected (only when actual events occur)
+  useEffect((): void => {
+    blockHash && setState((prev) => interleave(prev, filter(events)));
+  }, [blockHash, events, filter]);
+
+  return state;
+}
diff --git a/packages/react-hooks/src/useEventTrigger.ts b/packages/react-hooks/src/useEventTrigger.ts
index ff5d2ef13d..aefc995f9b 100644
--- a/packages/react-hooks/src/useEventTrigger.ts
+++ b/packages/react-hooks/src/useEventTrigger.ts
@@ -12,7 +12,7 @@ import { useApi } from './useApi';
 import { useCall } from './useCall';
 import { useIsMountedRef } from './useIsMountedRef';
 
-type EventCheck = AugmentedEvent<'promise'> | false | undefined | null;
+export type EventCheck = AugmentedEvent<'promise'> | false | undefined | null;
 
 interface Result {
   blockHash: string;