Description
We compute the high-temperature limit of the Standard Model Effective Field Theory (SMEFT) up to full order $g^4$ in coupling constants $g$. This analysis includes one-loop contributions to kinetic terms and quartic couplings; as well as two-loop contributions to squared mass terms. Using lattice data, we provide evidence that, in contrast with previous statements in the literature, the SMEFT may undergo a first-order phase transition even in the absence of direct modifications of the Higgs potential, opening the door to entirely unexplored directions in model building. In such case, however, our analysis implies that the phase transition is not sufficiently strong, narrowing down the new physics that allows for electroweak baryogenesis and the production of observable gravitational waves.