diff --git a/cumulus/Cargo.lock b/cumulus/Cargo.lock
index ebc3e148fe..7d28f36d5b 100644
--- a/cumulus/Cargo.lock
+++ b/cumulus/Cargo.lock
@@ -3225,7 +3225,6 @@ version = "0.3.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "d8b7abd5d659d9b90c8cba917f6ec750a74e2dc23902ef9cd4cc8c8b22e6036a"
 dependencies = [
- "futures 0.1.31",
  "futures-channel",
  "futures-core",
  "futures-io",
diff --git a/cumulus/client/collator/Cargo.toml b/cumulus/client/collator/Cargo.toml
index b6c0c4eb90..7041a4234f 100644
--- a/cumulus/client/collator/Cargo.toml
+++ b/cumulus/client/collator/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = { version = "0.3.1", features = ["compat"] }
+futures = "0.3.21"
 parking_lot = "0.12.0"
 tracing = "0.1.25"
 
diff --git a/cumulus/client/consensus/aura/Cargo.toml b/cumulus/client/consensus/aura/Cargo.toml
index 0af751fd54..c493595e5d 100644
--- a/cumulus/client/consensus/aura/Cargo.toml
+++ b/cumulus/client/consensus/aura/Cargo.toml
@@ -8,7 +8,7 @@ edition = "2021"
 [dependencies]
 async-trait = "0.1.56"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = { version = "0.3.8", features = ["compat"] }
+futures = "0.3.21"
 tracing = "0.1.34"
 
 # Substrate
diff --git a/cumulus/client/consensus/common/Cargo.toml b/cumulus/client/consensus/common/Cargo.toml
index 3efaa4a524..e6752db095 100644
--- a/cumulus/client/consensus/common/Cargo.toml
+++ b/cumulus/client/consensus/common/Cargo.toml
@@ -6,11 +6,11 @@ authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
 [dependencies]
-futures = { version = "0.3.8", features = ["compat"] }
-codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-tracing = "0.1.34"
 async-trait = "0.1.56"
+codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 dyn-clone = "1.0.5"
+futures = "0.3.21"
+tracing = "0.1.34"
 
 # Substrate
 sc-client-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
diff --git a/cumulus/client/consensus/relay-chain/Cargo.toml b/cumulus/client/consensus/relay-chain/Cargo.toml
index fae8a2a31c..6fc1e8aa79 100644
--- a/cumulus/client/consensus/relay-chain/Cargo.toml
+++ b/cumulus/client/consensus/relay-chain/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 
 [dependencies]
 async-trait = "0.1.56"
-futures = { version = "0.3.8", features = ["compat"] }
+futures = "0.3.21"
 parking_lot = "0.12.1"
 tracing = "0.1.34"
 
diff --git a/cumulus/client/network/Cargo.toml b/cumulus/client/network/Cargo.toml
index 9152e553d3..4f82906d4f 100644
--- a/cumulus/client/network/Cargo.toml
+++ b/cumulus/client/network/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 async-trait = "0.1.56"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 derive_more = "0.99.2"
-futures = { version = "0.3.1", features = ["compat"] }
+futures = "0.3.21"
 futures-timer = "3.0.2"
 parking_lot = "0.12.1"
 tracing = "0.1.34"
diff --git a/cumulus/client/pov-recovery/Cargo.toml b/cumulus/client/pov-recovery/Cargo.toml
index b2b55124b8..ea937ef5b1 100644
--- a/cumulus/client/pov-recovery/Cargo.toml
+++ b/cumulus/client/pov-recovery/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = { version = "0.3.1", features = ["compat"] }
+futures = "0.3.21"
 futures-timer = "3.0.2"
 rand = "0.8.5"
 tracing = "0.1.34"
diff --git a/cumulus/polkadot-parachain/Cargo.toml b/cumulus/polkadot-parachain/Cargo.toml
index 6549d4968f..67635d5fc9 100644
--- a/cumulus/polkadot-parachain/Cargo.toml
+++ b/cumulus/polkadot-parachain/Cargo.toml
@@ -10,7 +10,7 @@ description = "Runs a polkadot parachain node which could be a collator."
 async-trait = "0.1.56"
 clap = { version = "3.2.5", features = ["derive", "deprecated"] }
 codec = { package = "parity-scale-codec", version = "3.0.0" }
-futures = { version = "0.3.1", features = ["compat"] }
+futures = "0.3.21"
 hex-literal = "0.3.4"
 log = "0.4.17"
 serde = { version = "1.0.137", features = ["derive"] }
diff --git a/cumulus/primitives/timestamp/Cargo.toml b/cumulus/primitives/timestamp/Cargo.toml
index 47ae6b6758..3b64f1bbfe 100644
--- a/cumulus/primitives/timestamp/Cargo.toml
+++ b/cumulus/primitives/timestamp/Cargo.toml
@@ -7,7 +7,7 @@ description = "Provides timestamp related functionality for parachains."
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = [ "derive" ] }
-futures = "0.3.5"
+futures = "0.3.21"
 
 # Substrate
 sp-inherents = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/cumulus/test/service/Cargo.toml b/cumulus/test/service/Cargo.toml
index 7b851aa317..935d4ab771 100644
--- a/cumulus/test/service/Cargo.toml
+++ b/cumulus/test/service/Cargo.toml
@@ -72,7 +72,7 @@ cumulus-test-relay-validation-worker-provider = { path = "../relay-validation-wo
 cumulus-test-runtime = { path = "../runtime" }
 
 [dev-dependencies]
-futures = "0.3.5"
+futures = "0.3.21"
 portpicker = "0.1.1"
 
 # Polkadot dependencies