diff --git a/Cargo.lock b/Cargo.lock
index 3fa7fb56cd..62bd3e7192 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -331,9 +331,9 @@ checksum = "ecc7ab41815b3c653ccd2978ec3255c81349336702dfdf62ee6f7069b12a3aae"
 
 [[package]]
 name = "async-trait"
-version = "0.1.72"
+version = "0.1.73"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cc6dde6e4ed435a4c1ee4e73592f5ba9da2151af10076cc04858746af9352d09"
+checksum = "bc00ceb34980c03614e35a3a4e218276a0a824e911d07651cd0d858a51e8c0f0"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index e588525c16..951deb09d2 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -36,7 +36,7 @@ documentation = "https://docs.rs/subxt"
 homepage = "https://www.parity.io/"
 
 [workspace.dependencies]
-async-trait = "0.1.72"
+async-trait = "0.1.73"
 assert_matches = "1.5.0"
 base58 = { version = "0.2.0" }
 bitvec = { version = "1", default-features = false }