diff --git a/bitcoin/src/blockdata/transaction.rs b/bitcoin/src/blockdata/transaction.rs
index 341fba105..64daedd0b 100644
--- a/bitcoin/src/blockdata/transaction.rs
+++ b/bitcoin/src/blockdata/transaction.rs
@@ -1966,20 +1966,17 @@ mod tests {
 
 #[cfg(bench)]
 mod benches {
-    use hex::test_hex_unwrap as hex;
     use io::sink;
     use test::{black_box, Bencher};
 
     use super::*;
-    use crate::consensus::{deserialize, Encodable};
+    use crate::consensus::{encode, Encodable};
 
     const SOME_TX: &str = "0100000001a15d57094aa7a21a28cb20b59aab8fc7d1149a3bdbcddba9c622e4f5f6a99ece010000006c493046022100f93bb0e7d8db7bd46e40132d1f8242026e045f03a0efe71bbb8e3f475e970d790221009337cd7f1f929f00cc6ff01f03729b069a7c21b59b1736ddfee5db5946c5da8c0121033b9b137ee87d5a812d6f506efdd37f0affa7ffc310711c06c7f3e097c9447c52ffffffff0100e1f505000000001976a9140389035a9225b3839e2bbf32d826a1e222031fd888ac00000000";
 
     #[bench]
     pub fn bench_transaction_size(bh: &mut Bencher) {
-        let raw_tx = hex!(SOME_TX);
-
-        let mut tx: Transaction = deserialize(&raw_tx).unwrap();
+        let mut tx: Transaction = encode::deserialize_hex(SOME_TX).unwrap();
 
         bh.iter(|| {
             black_box(black_box(&mut tx).total_size());
@@ -1988,10 +1985,8 @@ mod benches {
 
     #[bench]
     pub fn bench_transaction_serialize(bh: &mut Bencher) {
-        let raw_tx = hex!(SOME_TX);
-        let tx: Transaction = deserialize(&raw_tx).unwrap();
-
-        let mut data = Vec::with_capacity(raw_tx.len());
+        let tx: Transaction = encode::deserialize_hex(SOME_TX).unwrap();
+        let mut data = Vec::with_capacity(SOME_TX.len());
 
         bh.iter(|| {
             let result = tx.consensus_encode(&mut data);
@@ -2002,8 +1997,7 @@ mod benches {
 
     #[bench]
     pub fn bench_transaction_serialize_logic(bh: &mut Bencher) {
-        let raw_tx = hex!(SOME_TX);
-        let tx: Transaction = deserialize(&raw_tx).unwrap();
+        let tx: Transaction = encode::deserialize_hex(SOME_TX).unwrap();
 
         bh.iter(|| {
             let size = tx.consensus_encode(&mut sink());
@@ -2013,10 +2007,18 @@ mod benches {
 
     #[bench]
     pub fn bench_transaction_deserialize(bh: &mut Bencher) {
-        let raw_tx = hex!(SOME_TX);
+        let raw_tx = <Vec<u8> as hex::FromHex>::from_hex(SOME_TX).unwrap();
 
         bh.iter(|| {
-            let tx: Transaction = deserialize(&raw_tx).unwrap();
+            let tx: Transaction = encode::deserialize(&raw_tx).unwrap();
+            black_box(&tx);
+        });
+    }
+
+    #[bench]
+    pub fn bench_transaction_deserialize_hex(bh: &mut Bencher) {
+        bh.iter(|| {
+            let tx: Transaction = encode::deserialize_hex(SOME_TX).unwrap();
             black_box(&tx);
         });
     }