diff --git a/consts/chains.ts b/consts/chains.ts
index 5334d6ce..125e6d7f 100644
--- a/consts/chains.ts
+++ b/consts/chains.ts
@@ -30,3 +30,8 @@ export const SDK_LEGACY_SUPPORTED_CHAINS = [
 export const SDK_SUPPORTED_MULTICHAIN_CHAINS = [
   LIDO_MULTICHAIN_CHAINS.OptimismSepolia,
 ];
+
+// TODO: move to @lidofinance/lido-ethereum-sdk package
+export const isSDKSupportedL2Chain = (chainId) => {
+  return SDK_SUPPORTED_MULTICHAIN_CHAINS.indexOf(chainId) > -1;
+};
diff --git a/shared/hooks/use-balance.ts b/shared/hooks/use-balance.ts
index 7ddf9dee..53699215 100644
--- a/shared/hooks/use-balance.ts
+++ b/shared/hooks/use-balance.ts
@@ -17,8 +17,7 @@ import {
 import type { GetBalanceData } from 'wagmi/query';
 
 import { config } from 'config';
-
-import { useDappStatus } from './use-dapp-status';
+import { isSDKSupportedL2Chain } from 'consts/chains';
 
 const nativeToBN = (data: bigint) => BigNumber.from(data.toString());
 
@@ -254,7 +253,6 @@ export const useStethBalance = ({
   shouldSubscribeToUpdates = true,
 }: UseBalanceProps = {}) => {
   const { address } = useAccount();
-  const { isDappActiveOnL2 } = useDappStatus();
   const mergedAccount = account ?? address;
 
   const { steth, l2Steth, core } = useLidoSDK();
@@ -265,7 +263,9 @@ export const useStethBalance = ({
 
     staleTime: Infinity,
     queryFn: async () =>
-      isDappActiveOnL2 ? l2Steth.getContract() : steth.getContract(),
+      isSDKSupportedL2Chain(core.chainId)
+        ? l2Steth.getContract()
+        : steth.getContract(),
   });
 
   const balanceData = useTokenBalance(
@@ -282,7 +282,6 @@ export const useWstethBalance = ({
   shouldSubscribeToUpdates = true,
 }: UseBalanceProps = {}) => {
   const { address } = useAccount();
-  const { isDappActiveOnL2 } = useDappStatus();
   const mergedAccount = account ?? address;
 
   const { wsteth, l2Wsteth, core } = useLidoSDK();
@@ -292,7 +291,9 @@ export const useWstethBalance = ({
     enabled: !!mergedAccount,
     staleTime: Infinity,
     queryFn: async () =>
-      isDappActiveOnL2 ? l2Wsteth.getContract() : wsteth.getContract(),
+      isSDKSupportedL2Chain(core.chainId)
+        ? l2Wsteth.getContract()
+        : wsteth.getContract(),
   });
 
   const balanceData = useTokenBalance(
diff --git a/shared/hooks/use-dapp-status.ts b/shared/hooks/use-dapp-status.ts
index cf639c1f..7d651713 100644
--- a/shared/hooks/use-dapp-status.ts
+++ b/shared/hooks/use-dapp-status.ts
@@ -1,10 +1,7 @@
 import { useMemo } from 'react';
 import { useAccount } from 'wagmi';
 
-import {
-  LIDO_MULTICHAIN_CHAINS,
-  SDK_SUPPORTED_MULTICHAIN_CHAINS,
-} from 'consts/chains';
+import { isSDKSupportedL2Chain, LIDO_MULTICHAIN_CHAINS } from 'consts/chains';
 
 import { useIsSupportedChain } from './use-is-supported-chain';
 import { useConfig } from 'config';
@@ -32,7 +29,7 @@ export const useDappStatus = () => {
   const isDappActiveOnL2 = useMemo(() => {
     if (!chainId) return false;
 
-    return SDK_SUPPORTED_MULTICHAIN_CHAINS.indexOf(chainId) > -1;
+    return isSDKSupportedL2Chain(chainId);
   }, [chainId]);
 
   return {