# EVM Compatibility

IoTeX is compatible with the most recent Ethereum Virtual Machine (EVM), allowing developers to deploy smart contracts written in Solidity and interact seamlessly with the IoTeX blockchain. 

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Currently, IoTeX supports the **Shangai EVM** **release** and the **Solidity** compiler **0.8.20**
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This compatibility provides access to a wide range of Ethereum-based tools and libraries, enhancing the development ecosystem.

[↗ Building and Deploying Smart contracts on IoTeX](https://docs.iotex.io/blockchain/build/web3-development)