diff --git a/libultraship/libultraship/GameSettings.cpp b/libultraship/libultraship/GameSettings.cpp
index 1b8d473b2..1d510c7cd 100644
--- a/libultraship/libultraship/GameSettings.cpp
+++ b/libultraship/libultraship/GameSettings.cpp
@@ -58,6 +58,9 @@ namespace Game {
         Settings.enhancements.animated_pause_menu = stob(Conf[EnhancementSection]["animated_pause_menu"]);
         CVar_SetS32("gPauseLiveLink", Settings.enhancements.animated_pause_menu);
 
+        Settings.enhancements.dynamic_wallet_icon = stob(Conf[EnhancementSection]["dynamic_wallet_icon"]);
+        CVar_SetS32(const_cast<char*>("gDynamicWalletIcon"), Settings.enhancements.dynamic_wallet_icon);
+
         Settings.enhancements.minimal_ui = stob(Conf[EnhancementSection]["minimal_ui"]);
         CVar_SetS32("gMinimalUI", Settings.enhancements.minimal_ui);
 
@@ -154,6 +157,7 @@ namespace Game {
         Conf[EnhancementSection]["fast_text"] = std::to_string(Settings.enhancements.fast_text);
         Conf[EnhancementSection]["disable_lod"] = std::to_string(Settings.enhancements.disable_lod);
         Conf[EnhancementSection]["animated_pause_menu"] = std::to_string(Settings.enhancements.animated_pause_menu);
+        Conf[EnhancementSection]["dynamic_wallet_icon"] = std::to_string(Settings.enhancements.dynamic_wallet_icon);
         Conf[EnhancementSection]["minimal_ui"] = std::to_string(Settings.enhancements.minimal_ui);
         Conf[EnhancementSection]["mm_bunny_hood"] = std::to_string(Settings.enhancements.mm_bunny_hood);
 
diff --git a/libultraship/libultraship/GameSettings.h b/libultraship/libultraship/GameSettings.h
index fe6087494..18f978386 100644
--- a/libultraship/libultraship/GameSettings.h
+++ b/libultraship/libultraship/GameSettings.h
@@ -23,6 +23,7 @@ struct SoHConfigType {
         bool fast_text = false;
         bool disable_lod = false;
         bool animated_pause_menu = false;
+        bool dynamic_wallet_icon = false;
         bool minimal_ui = false;
         bool mm_bunny_hood = false;
     } enhancements;
diff --git a/libultraship/libultraship/SohImGuiImpl.cpp b/libultraship/libultraship/SohImGuiImpl.cpp
index 860720433..93343b8dd 100644
--- a/libultraship/libultraship/SohImGuiImpl.cpp
+++ b/libultraship/libultraship/SohImGuiImpl.cpp
@@ -425,6 +425,11 @@ namespace SohImGui {
                     needs_save = true;
                 }
 
+                if (ImGui::Checkbox("Dynamic Wallet Icon", &Game::Settings.enhancements.dynamic_wallet_icon)) {
+                    CVar_SetS32(const_cast<char*>("gDynamicWalletIcon"), Game::Settings.enhancements.dynamic_wallet_icon);
+                    needs_save = true;
+                }
+
                 ImGui::EndMenu();
             }
 
diff --git a/soh/src/code/z_parameter.c b/soh/src/code/z_parameter.c
index dc96ba133..edc4348b9 100644
--- a/soh/src/code/z_parameter.c
+++ b/soh/src/code/z_parameter.c
@@ -3129,6 +3129,14 @@ void Interface_Draw(GlobalContext* globalCtx) {
     };
     static s16 rupeeDigitsFirst[] = { 1, 0, 0 };
     static s16 rupeeDigitsCount[] = { 2, 3, 3 };
+
+    // courtesy of https://github.com/TestRunnerSRL/OoT-Randomizer/blob/Dev/ASM/c/hud_colors.c
+    static s16 rupeeWalletColors[3][3] = {
+        { 0xC8, 0xFF, 0x64 }, // Base Wallet (Green)
+        { 0x82, 0x82, 0xFF }, // Adult's Wallet (Blue)
+        { 0xFF, 0x64, 0x64 }, // Giant's Wallet (Red)
+    };
+
     static s16 spoilingItemEntrances[] = { 0x01AD, 0x0153, 0x0153 };
     static f32 D_80125B54[] = { -40.0f, -35.0f }; // unused
     static s16 D_80125B5C[] = { 91, 91 };         // unused
@@ -3171,7 +3179,15 @@ void Interface_Draw(GlobalContext* globalCtx) {
 
         if (fullUi) {
             // Rupee Icon
-            gDPSetPrimColor(OVERLAY_DISP++, 0, 0, 200, 255, 100, interfaceCtx->magicAlpha);
+            s16* rColor;
+
+            if (CVar_GetS32("gDynamicWalletIcon", 0)) {
+                rColor = &rupeeWalletColors[CUR_UPG_VALUE(UPG_WALLET)];
+            } else {
+              rColor = &rupeeWalletColors[0];
+            }
+
+            gDPSetPrimColor(OVERLAY_DISP++, 0, 0, rColor[0], rColor[1], rColor[2], interfaceCtx->magicAlpha);
             gDPSetEnvColor(OVERLAY_DISP++, 0, 80, 0, 255);
             OVERLAY_DISP = Gfx_TextureIA8(OVERLAY_DISP, gRupeeCounterIconTex, 16, 16, OTRGetRectDimensionFromLeftEdge(26),
                                           206, 16, 16, 1 << 10, 1 << 10);
@@ -3269,7 +3285,7 @@ void Interface_Draw(GlobalContext* globalCtx) {
                     Gfx_TextureI8(OVERLAY_DISP, ((u8*)digitTextures[interfaceCtx->counterDigits[svar2]]), 8, 16,
                         OTRGetRectDimensionFromLeftEdge(svar3), 206, 8, 16, 1 << 10, 1 << 10);
             }
-        } 
+        }
         else {
             // Make sure item counts have black backgrounds
             gDPSetPrimColor(OVERLAY_DISP++, 0, 0, 0, 0, 0, interfaceCtx->magicAlpha);