diff --git a/Cargo.lock b/Cargo.lock
index c9d3916d72..093dda8d08 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -117,9 +117,9 @@ dependencies = [
 
 [[package]]
 name = "anstream"
-version = "0.6.5"
+version = "0.6.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d664a92ecae85fd0a7392615844904654d1d5f5514837f471ddef4a057aba1b6"
+checksum = "4cd2405b3ac1faab2990b74d728624cd9fd115651fcecc7c2d8daf01376275ba"
 dependencies = [
  "anstyle",
  "anstyle-parse",
@@ -847,9 +847,9 @@ dependencies = [
 
 [[package]]
 name = "clap"
-version = "4.4.14"
+version = "4.4.16"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "33e92c5c1a78c62968ec57dbc2440366a2d6e5a23faf829970ff1585dc6b18e2"
+checksum = "58e54881c004cec7895b0068a0a954cd5d62da01aef83fa35b1e594497bf5445"
 dependencies = [
  "clap_builder",
  "clap_derive",
@@ -857,9 +857,9 @@ dependencies = [
 
 [[package]]
 name = "clap_builder"
-version = "4.4.14"
+version = "4.4.16"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f4323769dc8a61e2c39ad7dc26f6f2800524691a44d74fe3d1071a5c24db6370"
+checksum = "59cb82d7f531603d2fd1f507441cdd35184fa81beff7bd489570de7f773460bb"
 dependencies = [
  "anstream",
  "anstyle",
@@ -4398,7 +4398,7 @@ dependencies = [
 name = "subxt-cli"
 version = "0.33.0"
 dependencies = [
- "clap 4.4.14",
+ "clap 4.4.16",
  "color-eyre",
  "frame-metadata 16.0.0",
  "hex",
diff --git a/Cargo.toml b/Cargo.toml
index 6755fe4abe..1e4515e6b9 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -55,7 +55,7 @@ assert_matches = "1.5.0"
 base58 = { version = "0.2.0" }
 bitvec = { version = "1", default-features = false }
 blake2 = { version = "0.10.6", default-features = false }
-clap = { version = "4.4.13", features = ["derive", "cargo"] }
+clap = { version = "4.4.16", features = ["derive", "cargo"] }
 criterion = "0.4"
 codec = { package = "parity-scale-codec", version = "3.4.0", default-features = false }
 color-eyre = "0.6.1"