diff --git a/package.json b/package.json
index f0f0da7b..7cec9d6c 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@1inch/solidity-utils",
-  "version": "3.1.0",
+  "version": "3.2.0",
   "main": "dist/src/index.js",
   "types": "dist/src/index.d.ts",
   "repository": {
diff --git a/src/utils.ts b/src/utils.ts
index 9040c7da..59d2b576 100644
--- a/src/utils.ts
+++ b/src/utils.ts
@@ -1,7 +1,7 @@
 import '@nomicfoundation/hardhat-ethers';  // required to populate the HardhatRuntimeEnvironment with ethers
 import hre, { ethers } from 'hardhat';
 import { time } from '@nomicfoundation/hardhat-network-helpers';
-import { BaseContract, BigNumberish, Contract, ContractTransactionReceipt, ContractTransactionResponse, JsonRpcProvider, Wallet } from 'ethers';
+import { BaseContract, BigNumberish, BytesLike, Contract, ContractTransactionReceipt, ContractTransactionResponse, JsonRpcProvider, Signer, Wallet } from 'ethers';
 import { DeployOptions, DeployResult } from 'hardhat-deploy/types';
 
 import { constants } from './prelude';
@@ -81,6 +81,14 @@ export async function deployContract(name: string, parameters: Array<BigNumberis
     return instance;
 }
 
+// eslint-disable-next-line @typescript-eslint/no-explicit-any
+export async function deployContractFromBytecode(abi: any[], bytecode: BytesLike, parameters: Array<BigNumberish> = [], signer?: Signer) : Promise<BaseContract> {
+    const ContractFactory = await ethers.getContractFactory(abi, bytecode, signer);
+    const instance = await ContractFactory.deploy(...parameters);
+    await instance.waitForDeployment();
+    return instance;
+}
+
 type Token = {
     balanceOf: (address: string) => Promise<bigint>;
     getAddress: () => Promise<string>;
diff --git a/test/utils.test.ts b/test/utils.test.ts
index ad752e99..0e56dad9 100644
--- a/test/utils.test.ts
+++ b/test/utils.test.ts
@@ -1,5 +1,5 @@
 import { expect, ether, time, constants } from '../src/prelude';
-import { timeIncreaseTo, fixSignature, signMessage, trackReceivedTokenAndTx, countInstructions, deployContract, deployAndGetContract } from '../src/utils';
+import { timeIncreaseTo, fixSignature, signMessage, trackReceivedTokenAndTx, countInstructions, deployContract, deployAndGetContract, deployContractFromBytecode } from '../src/utils';
 import hre, { deployments, ethers } from 'hardhat';
 import { loadFixture } from '@nomicfoundation/hardhat-network-helpers';
 import { SignerWithAddress } from '@nomicfoundation/hardhat-ethers/signers';
@@ -182,6 +182,22 @@ describe('utils', function () {
         });
     });
 
+    describe('deployContractFromBytecode', function () {
+        it('should deploy new contract instance', async function () {
+            const contractArtifact = await hre.artifacts.readArtifact('TokenMock');
+            const token = <TokenMock> await deployContractFromBytecode(contractArtifact.abi, contractArtifact.bytecode, ['SomeToken', 'STM']);
+            expect(await token.getAddress()).to.be.not.eq(constants.ZERO_ADDRESS);
+            expect(await token.name()).to.be.eq('SomeToken');
+        });
+
+        it('can be used without arguments', async function () {
+            const contractArtifact = await hre.artifacts.readArtifact('WETH');
+            const weth = <WETH> await deployContractFromBytecode(contractArtifact.abi, contractArtifact.bytecode);
+            expect(await weth.getAddress()).to.be.not.eq(constants.ZERO_ADDRESS);
+            expect(await weth.name()).to.be.eq('Wrapped Ether');
+        });
+    });
+
     describe('deployAndGetContract', function () {
         it('should deploy new contract instance', async function () {
             const tokenName = 'SomeToken';