diff --git a/packages/zevm-app-contracts/data/addresses.json b/packages/zevm-app-contracts/data/addresses.json
index 2e3e46a..acfec2f 100644
--- a/packages/zevm-app-contracts/data/addresses.json
+++ b/packages/zevm-app-contracts/data/addresses.json
@@ -8,7 +8,7 @@
       "invitationManager": "0x3649C03C472B698213926543456E9c21081e529d",
       "withdrawERC20": "0xa349B9367cc54b47CAb8D09A95836AE8b4D1d84E",
       "ZetaXP": "0x5c25b6f4D2b7a550a80561d3Bf274C953aC8be7d",
-      "InstantRewards": "0x10DfEd4ba9b8F6a1c998E829FfC0325D533c80E3",
+      "InstantRewards": "0xd91164c9671C5A2ee1C95fa34A95C9141dA691D4",
       "ProofOfLiveness": "0x981EB6fD19717Faf293Fba0cBD05C6Ac97b8C808",
       "TimelockController": "0x44139C2150c11c25f517B8a8F974b59C82aEe709",
       "ZetaXPGov": "0x854032d484aE21acC34F36324E55A8080F21Af12",
diff --git a/packages/zevm-app-contracts/scripts/instant-rewards/deploy-v2.ts b/packages/zevm-app-contracts/scripts/instant-rewards/deploy-v2.ts
new file mode 100644
index 0000000..67319f3
--- /dev/null
+++ b/packages/zevm-app-contracts/scripts/instant-rewards/deploy-v2.ts
@@ -0,0 +1,37 @@
+import { isProtocolNetworkName } from "@zetachain/protocol-contracts";
+import { ethers, network } from "hardhat";
+
+import { InstantRewardsFactory__factory } from "../../typechain-types";
+import { saveAddress } from "../address.helpers";
+import { verifyContract } from "../explorer.helpers";
+
+const networkName = network.name;
+
+const owner = "0x1d24d94520B94B26351f6573de5ef9731c48531A";
+
+const deployInstantRewards = async () => {
+  if (!isProtocolNetworkName(networkName)) throw new Error("Invalid network name");
+
+  const InstantRewardsFactory = (await ethers.getContractFactory(
+    "InstantRewardsFactory"
+  )) as InstantRewardsFactory__factory;
+  const InstantRewards = await InstantRewardsFactory.deploy(owner);
+
+  await InstantRewards.deployed();
+
+  console.log("InstantRewards deployed to:", InstantRewards.address);
+
+  saveAddress("InstantRewards", InstantRewards.address, networkName);
+
+  await verifyContract(InstantRewards.address, [owner]);
+};
+
+const main = async () => {
+  if (!isProtocolNetworkName(networkName)) throw new Error("Invalid network name");
+  await deployInstantRewards();
+};
+
+main().catch((error) => {
+  console.error(error);
+  process.exit(1);
+});