diff --git a/packages/protocol/contracts/test/erc20/FreeMintERC20.sol b/packages/protocol/contracts/test/erc20/FreeMintERC20.sol
new file mode 100644
index 00000000000..4830bd584ca
--- /dev/null
+++ b/packages/protocol/contracts/test/erc20/FreeMintERC20.sol
@@ -0,0 +1,19 @@
+// SPDX-License-Identifier: MIT
+//  _____     _ _         _         _
+// |_   _|_ _(_) |_____  | |   __ _| |__ ___
+//   | |/ _` | | / / _ \ | |__/ _` | '_ (_-<
+//   |_|\__,_|_|_\_\___/ |____\__,_|_.__/__/
+
+pragma solidity ^0.8.18;
+
+import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
+
+// An ERC20 Token with a mint function anyone can call, for free, to receive
+// 5 tokens.
+contract FreeMintERC20 is ERC20 {
+    constructor(string memory name, string memory symbol) ERC20(name, symbol) {}
+
+    function mint(address to) public {
+        _mint(to, 5 ** decimals());
+    }
+}
diff --git a/packages/protocol/contracts/test/bridge/BullToken.sol b/packages/protocol/contracts/test/erc20/MayFailFreeMintERC20.sol
similarity index 78%
rename from packages/protocol/contracts/test/bridge/BullToken.sol
rename to packages/protocol/contracts/test/erc20/MayFailFreeMintERC20.sol
index 7d80b56b408..6e38de584e3 100644
--- a/packages/protocol/contracts/test/bridge/BullToken.sol
+++ b/packages/protocol/contracts/test/erc20/MayFailFreeMintERC20.sol
@@ -8,14 +8,14 @@ pragma solidity ^0.8.18;
 
 import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
 
-// An ERC2 token for testing the Taiko Bridge on testnets.
+// An ERC20 token for testing the Taiko Bridge on testnets.
 // This token has 50% of failure on transfers so we can
 // test the bridge's error handling.
-contract BullToken is ERC20 {
-    uint256 private constant INITIAL_SUPPLY = 10000000 * 1E18;
+contract MayFailFreeMintERC20 is ERC20 {
+    constructor(string memory name, string memory symbol) ERC20(name, symbol) {}
 
-    constructor() ERC20("Bull Token", "BLL") {
-        _mint(msg.sender, INITIAL_SUPPLY);
+    function mint(address to) public {
+        _mint(to, 5 ** decimals());
     }
 
     function transfer(
diff --git a/packages/protocol/tasks/deploy_L1.ts b/packages/protocol/tasks/deploy_L1.ts
index 9f6aecbd769..4c4f5a074d1 100644
--- a/packages/protocol/tasks/deploy_L1.ts
+++ b/packages/protocol/tasks/deploy_L1.ts
@@ -132,6 +132,20 @@ export async function deployContracts(hre: any) {
         )
     );
 
+    // HorseToken
+    const HorseToken = await utils.deployContract(hre, "FreeMintERC20", {}, [
+        "Horse Token",
+        "HORSE",
+    ]);
+
+    // BullToken
+    const BullToken = await utils.deployContract(
+        hre,
+        "MayFailFreeMintERC20",
+        {},
+        ["Bull Token", "BLL"]
+    );
+
     // TaikoL1
     const TaikoL1 = await utils.deployContract(
         hre,
@@ -242,10 +256,6 @@ export async function deployContracts(hre: any) {
         );
     }
 
-    // BullToken
-    // TODO(david): remove this deployment after we finish bridge testing in devnet.
-    const BullToken = await utils.deployContract(hre, "BullToken");
-
     // save deployments
     const deployments = {
         network,
@@ -259,7 +269,8 @@ export async function deployContracts(hre: any) {
             { Bridge: Bridge.address },
             { SignalService: SignalService.address },
             { TokenVault: TokenVault.address },
-            { BullToken: BullToken.address }
+            { BullToken: BullToken.address },
+            { HorseToken: HorseToken.address }
         ),
     };