diff --git a/py_builder_relayer_client/builder/derive.py b/py_builder_relayer_client/builder/derive.py
index a41ba55..1e26e83 100644
--- a/py_builder_relayer_client/builder/derive.py
+++ b/py_builder_relayer_client/builder/derive.py
@@ -1,9 +1,10 @@
 from eth_abi import encode
 from eth_utils import to_bytes, to_checksum_address, keccak
 
-ERC1967_CONST1 = "0xcc3735a920a3ca505d382bbc545af43d6000803e6038573d6000fd5b3d6000f3"
-ERC1967_CONST2 = "0x5155f3363d3d373d3d363d7f360894a13ba1a3210667c828492db98dca3e2076"
-ERC1967_PREFIX = 0x61003D3D8160233D3973
+ERC1967_BEACON_CONST1 = "0x60195155f3363d3d373d3d363d602036600436635c60da"
+ERC1967_BEACON_CONST2 = "0x1b60e01b36527fa3f0ad74e5423aebfd80d3ef4346578335a9a72aeaee59ff6c"
+ERC1967_BEACON_CONST3 = "0xb3582b35133d50545afa5036515af43d6000803e604d573d6000fd5b3d6000f3"
+ERC1967_BEACON_PREFIX = 0x6100523D8160233D3973
 
 
 def get_create2_address(bytecode_hash: str, from_address: str, salt: bytes) -> str:
@@ -18,28 +19,28 @@ def get_create2_address(bytecode_hash: str, from_address: str, salt: bytes) -> s
     return to_checksum_address(address_hash[-20:].hex())
 
 
-def init_code_hash_erc1967(implementation: str, args: bytes) -> str:
-    implementation = to_checksum_address(implementation)
+def init_code_hash_erc1967_beacon_proxy(beacon: str, args: bytes) -> str:
+    beacon = to_checksum_address(beacon)
     n = len(args)
-    combined = ERC1967_PREFIX + (n << 56)
+    combined = ERC1967_BEACON_PREFIX + (n << 56)
     init_code = (
         combined.to_bytes(10, "big")
-        + to_bytes(hexstr=implementation)
-        + to_bytes(hexstr="0x6009")
-        + to_bytes(hexstr=ERC1967_CONST2)
-        + to_bytes(hexstr=ERC1967_CONST1)
+        + to_bytes(hexstr=beacon)
+        + to_bytes(hexstr=ERC1967_BEACON_CONST1)
+        + to_bytes(hexstr=ERC1967_BEACON_CONST2)
+        + to_bytes(hexstr=ERC1967_BEACON_CONST3)
         + args
     )
     return "0x" + keccak(init_code).hex()
 
 
-def derive_deposit_wallet(owner: str, factory: str, implementation: str) -> str:
+def derive_deposit_wallet(owner: str, factory: str, beacon: str) -> str:
     owner = to_checksum_address(owner)
     factory = to_checksum_address(factory)
-    implementation = to_checksum_address(implementation)
+    beacon = to_checksum_address(beacon)
 
     wallet_id = to_bytes(hexstr=owner).rjust(32, b"\x00")
     args = encode(["address", "bytes32"], [factory, wallet_id])
     salt = keccak(args)
-    bytecode_hash = init_code_hash_erc1967(implementation, args)
+    bytecode_hash = init_code_hash_erc1967_beacon_proxy(beacon, args)
     return get_create2_address(bytecode_hash=bytecode_hash, from_address=factory, salt=salt)
diff --git a/py_builder_relayer_client/client.py b/py_builder_relayer_client/client.py
index 8eff84b..ce75155 100644
--- a/py_builder_relayer_client/client.py
+++ b/py_builder_relayer_client/client.py
@@ -137,7 +137,7 @@ def derive_deposit_wallet(self):
         return derive_deposit_wallet(
             self.signer.address(),
             self.contract_config.deposit_wallet_factory,
-            self.contract_config.deposit_wallet_implementation,
+            self.contract_config.deposit_wallet_beacon,
         )
 
     def get_expected_deposit_wallet(self):
diff --git a/py_builder_relayer_client/config.py b/py_builder_relayer_client/config.py
index b9dbcb3..d1908b2 100644
--- a/py_builder_relayer_client/config.py
+++ b/py_builder_relayer_client/config.py
@@ -7,20 +7,20 @@
 @dataclass
 class ContractConfig:
     deposit_wallet_factory: str
-    deposit_wallet_implementation: str
+    deposit_wallet_beacon: str
 
 
-DEPOSIT_WALLET_FACTORY = to_checksum_address("0x3DaBe8f032833CE42CC26d9149660E6f596759C5")
-DEPOSIT_WALLET_IMPLEMENTATION = to_checksum_address("0xFB2f5D822Ecb062dE63a7B830C5e83C994698851")
+DEPOSIT_WALLET_FACTORY = to_checksum_address("0x2CcdC6C5dDcd895aFcCD259F291de9b618A5cA6c")
+DEPOSIT_WALLET_BEACON = to_checksum_address("0x74a618eBdd62Ff8579A8FE94f5B888d7623b9C35")
 
 CONFIG = {
     137: ContractConfig(
         deposit_wallet_factory=DEPOSIT_WALLET_FACTORY,
-        deposit_wallet_implementation=DEPOSIT_WALLET_IMPLEMENTATION,
+        deposit_wallet_beacon=DEPOSIT_WALLET_BEACON,
     ),
     80002: ContractConfig(
         deposit_wallet_factory=DEPOSIT_WALLET_FACTORY,
-        deposit_wallet_implementation=DEPOSIT_WALLET_IMPLEMENTATION,
+        deposit_wallet_beacon=DEPOSIT_WALLET_BEACON,
     ),
 }
 
@@ -33,4 +33,4 @@ def get_contract_config(chain_id: int) -> ContractConfig:
 
 
 def is_deposit_wallet_config_valid(config: ContractConfig) -> bool:
-    return bool(config.deposit_wallet_factory) and bool(config.deposit_wallet_implementation)
+    return bool(config.deposit_wallet_factory) and bool(config.deposit_wallet_beacon)
diff --git a/setup.py b/setup.py
index 6f84402..6b2784f 100644
--- a/setup.py
+++ b/setup.py
@@ -5,7 +5,7 @@
 
 setuptools.setup(
     name="kuest-py-builder-relayer-client",
-    version="2.0.4",
+    version="2.0.5",
     author="Kuest Engineering",
     author_email="engineering@kuest.com",
     maintainer="Kuest Engineering",
diff --git a/tests/builder/test_derive.py b/tests/builder/test_derive.py
index 376dd3b..91214a4 100644
--- a/tests/builder/test_derive.py
+++ b/tests/builder/test_derive.py
@@ -11,6 +11,6 @@ def test_derive_deposit_wallet(self):
         wallet = derive_deposit_wallet(
             owner,
             config.deposit_wallet_factory,
-            config.deposit_wallet_implementation,
+            config.deposit_wallet_beacon,
         )
-        self.assertEqual("0x053258Cfb6124a089363F89dA04b2eFa39b34e2d", wallet)
+        self.assertEqual("0xF3ab66D34F0B14C9a4f8564Ec8baaBBf51ad0Fd6", wallet)
diff --git a/tests/config/test_config.py b/tests/config/test_config.py
index e374fda..8159d4a 100644
--- a/tests/config/test_config.py
+++ b/tests/config/test_config.py
@@ -9,12 +9,12 @@ def test_get_contract_config(self):
         for chain_id in (137, 80002):
             cfg = get_contract_config(chain_id)
             self.assertEqual(
-                "0x3DaBe8f032833CE42CC26d9149660E6f596759C5",
+                "0x2CcdC6C5dDcd895aFcCD259F291de9b618A5cA6c",
                 cfg.deposit_wallet_factory,
             )
             self.assertEqual(
-                "0xFB2f5D822Ecb062dE63a7B830C5e83C994698851",
-                cfg.deposit_wallet_implementation,
+                "0x74a618eBdd62Ff8579A8FE94f5B888d7623b9C35",
+                cfg.deposit_wallet_beacon,
             )
 
         with self.assertRaises(RelayerClientException):
diff --git a/tests/test_client_deposit_wallet.py b/tests/test_client_deposit_wallet.py
index d8161df..5ce4323 100644
--- a/tests/test_client_deposit_wallet.py
+++ b/tests/test_client_deposit_wallet.py
@@ -11,7 +11,7 @@
 # Public Hardhat/Anvil fixture key. This is not a live credential.
 TEST_PRIVATE_KEY = "0xac0974bec39a17e36ba4a6b4d238ff944bacb478cbed5efcae784d7bf4f2ff80"
 ADDRESS = "0xf39Fd6e51aad88F6F4ce6aB8827279cffFb92266"
-WALLET = "0x053258Cfb6124a089363F89dA04b2eFa39b34e2d"
+WALLET = "0xF3ab66D34F0B14C9a4f8564Ec8baaBBf51ad0Fd6"
 TOKEN = "0x0000000000000000000000000000000000000001"
 APPROVE_CALLDATA = "0x095ea7b30000000000000000000000000000000000000000000000000000000000000002ffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff"