diff --git a/Cargo.lock b/Cargo.lock
index 21c2613b53..ebb80d87c5 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -10868,9 +10868,9 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.136"
+version = "1.0.137"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ce31e24b01e1e524df96f1c2fdd054405f8d7376249a5110886fb4b658484789"
+checksum = "61ea8d54c77f8315140a05f4c7237403bf38b72704d031543aa1d16abbf517d1"
 dependencies = [
  "serde_derive",
 ]
@@ -10887,9 +10887,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.136"
+version = "1.0.137"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "08597e7152fcd306f41838ed3e37be9eaeed2b61c42e2117266a554fab4662f9"
+checksum = "1f26faba0c3959972377d3b2d306ee9f71faee9714294e41bb777f83f88578be"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/pallets/aura-ext/Cargo.toml b/pallets/aura-ext/Cargo.toml
index e6e939c955..f935794c5f 100644
--- a/pallets/aura-ext/Cargo.toml
+++ b/pallets/aura-ext/Cargo.toml
@@ -8,7 +8,7 @@ description = "AURA consensus extension pallet for parachains"
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 # Substrate
 frame-executive = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/pallets/collator-selection/Cargo.toml b/pallets/collator-selection/Cargo.toml
index 33dfea8ccc..ed443618df 100644
--- a/pallets/collator-selection/Cargo.toml
+++ b/pallets/collator-selection/Cargo.toml
@@ -17,7 +17,7 @@ log = { version = "0.4.16", default-features = false }
 codec = { default-features = false, features = ["derive"], package = "parity-scale-codec", version = "3.0.0" }
 rand = { version = "0.8.5", features = ["std_rng"], default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", default-features = false }
+serde = { version = "1.0.137", default-features = false }
 
 sp-std = { default-features = false, git = "https://github.com/paritytech/substrate", branch = "master" }
 sp-runtime = { default-features = false, git = "https://github.com/paritytech/substrate", branch = "master" }
diff --git a/pallets/parachain-system/Cargo.toml b/pallets/parachain-system/Cargo.toml
index 5d08818813..1fb1a80cd7 100644
--- a/pallets/parachain-system/Cargo.toml
+++ b/pallets/parachain-system/Cargo.toml
@@ -11,7 +11,7 @@ environmental = { version = "1.1.2", default-features = false }
 impl-trait-for-tuples = "0.2.1"
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 # Substrate
 frame-support = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/pallets/xcm/Cargo.toml b/pallets/xcm/Cargo.toml
index 53b689fde3..1bfee67080 100644
--- a/pallets/xcm/Cargo.toml
+++ b/pallets/xcm/Cargo.toml
@@ -7,7 +7,7 @@ version = "0.1.0"
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 sp-std = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
 sp-io = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/parachain-template/node/Cargo.toml b/parachain-template/node/Cargo.toml
index 2151bd8857..d232ce7f3d 100644
--- a/parachain-template/node/Cargo.toml
+++ b/parachain-template/node/Cargo.toml
@@ -18,7 +18,7 @@ clap = { version = "3.1", features = ["derive"] }
 derive_more = "0.99.2"
 log = "0.4.16"
 codec = { package = "parity-scale-codec", version = "3.0.0" }
-serde = { version = "1.0.132", features = ["derive"] }
+serde = { version = "1.0.137", features = ["derive"] }
 hex-literal = "0.3.4"
 jsonrpc-core = "18.0.0"
 
diff --git a/parachain-template/runtime/Cargo.toml b/parachain-template/runtime/Cargo.toml
index 4be12e85b1..14e33a36cb 100644
--- a/parachain-template/runtime/Cargo.toml
+++ b/parachain-template/runtime/Cargo.toml
@@ -19,7 +19,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 hex-literal = { version = "0.3.4", optional = true }
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 smallvec = "1.6.1"
 
 # Local
diff --git a/polkadot-parachains/Cargo.toml b/polkadot-parachains/Cargo.toml
index 4feab9ed10..25cf8da586 100644
--- a/polkadot-parachains/Cargo.toml
+++ b/polkadot-parachains/Cargo.toml
@@ -16,7 +16,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0" }
 futures = { version = "0.3.1", features = ["compat"] }
 hex-literal = "0.3.4"
 log = "0.4.16"
-serde = { version = "1.0.132", features = ["derive"] }
+serde = { version = "1.0.137", features = ["derive"] }
 
 # Local
 rococo-parachain-runtime = { path = "rococo-parachain" }
diff --git a/polkadot-parachains/canvas-kusama/Cargo.toml b/polkadot-parachains/canvas-kusama/Cargo.toml
index 8b4c312618..9a48004e58 100644
--- a/polkadot-parachains/canvas-kusama/Cargo.toml
+++ b/polkadot-parachains/canvas-kusama/Cargo.toml
@@ -15,7 +15,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 hex-literal = { version = "0.3.4", optional = true }
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.119", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 smallvec = "1.6.1"
 
 # Substrate
diff --git a/polkadot-parachains/pallets/parachain-info/Cargo.toml b/polkadot-parachains/pallets/parachain-info/Cargo.toml
index 5718a89979..383b811b8c 100644
--- a/polkadot-parachains/pallets/parachain-info/Cargo.toml
+++ b/polkadot-parachains/pallets/parachain-info/Cargo.toml
@@ -7,7 +7,7 @@ version = "0.1.0"
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 frame-support = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
 frame-system = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/polkadot-parachains/pallets/ping/Cargo.toml b/polkadot-parachains/pallets/ping/Cargo.toml
index 7d7a1ca375..36fdae0baf 100644
--- a/polkadot-parachains/pallets/ping/Cargo.toml
+++ b/polkadot-parachains/pallets/ping/Cargo.toml
@@ -7,7 +7,7 @@ version = "0.1.0"
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 sp-std = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
 sp-runtime = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/polkadot-parachains/rococo-parachain/Cargo.toml b/polkadot-parachains/rococo-parachain/Cargo.toml
index 90560d76b3..6a9bd7f500 100644
--- a/polkadot-parachains/rococo-parachain/Cargo.toml
+++ b/polkadot-parachains/rococo-parachain/Cargo.toml
@@ -9,7 +9,7 @@ description = "Simple runtime used by the rococo parachain(s)"
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 # Substrate
 frame-executive = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/polkadot-parachains/shell/Cargo.toml b/polkadot-parachains/shell/Cargo.toml
index 2b7c016df6..08c0fd8bd3 100644
--- a/polkadot-parachains/shell/Cargo.toml
+++ b/polkadot-parachains/shell/Cargo.toml
@@ -8,7 +8,7 @@ edition = "2021"
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 # Substrate
 frame-executive = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/polkadot-parachains/statemine/Cargo.toml b/polkadot-parachains/statemine/Cargo.toml
index bb048a83ee..f2cc752347 100644
--- a/polkadot-parachains/statemine/Cargo.toml
+++ b/polkadot-parachains/statemine/Cargo.toml
@@ -10,7 +10,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 hex-literal = { version = "0.3.4", optional = true }
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 smallvec = "1.6.1"
 
 # Substrate
diff --git a/polkadot-parachains/statemint/Cargo.toml b/polkadot-parachains/statemint/Cargo.toml
index d81e9f6332..dc745e946f 100644
--- a/polkadot-parachains/statemint/Cargo.toml
+++ b/polkadot-parachains/statemint/Cargo.toml
@@ -9,7 +9,7 @@ description = "Statemint parachain runtime"
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive", "max-encoded-len"] }
 hex-literal = { version = "0.3.4", optional = true }
 log = { version = "0.4.16", default-features = false }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
 smallvec = "1.6.1"
 
diff --git a/polkadot-parachains/westmint/Cargo.toml b/polkadot-parachains/westmint/Cargo.toml
index e74c98999d..c98e3c6904 100644
--- a/polkadot-parachains/westmint/Cargo.toml
+++ b/polkadot-parachains/westmint/Cargo.toml
@@ -10,7 +10,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 hex-literal = { version = "0.3.4", optional = true }
 log = { version = "0.4.16", default-features = false }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 smallvec = "1.6.1"
 
 # Substrate
diff --git a/test/runtime/Cargo.toml b/test/runtime/Cargo.toml
index 66a6e7472b..8403d39b0f 100644
--- a/test/runtime/Cargo.toml
+++ b/test/runtime/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.132", optional = true, features = ["derive"] }
+serde = { version = "1.0.137", optional = true, features = ["derive"] }
 
 # Substrate
 frame-executive = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/test/service/Cargo.toml b/test/service/Cargo.toml
index 9af72cc8f8..f375ab5a4b 100644
--- a/test/service/Cargo.toml
+++ b/test/service/Cargo.toml
@@ -11,7 +11,7 @@ criterion = { version = "0.3.5", features = [ "async_tokio" ] }
 jsonrpc-core = "18.0.0"
 parking_lot = "0.12.0"
 rand = "0.8.5"
-serde = { version = "1.0.132", features = ["derive"] }
+serde = { version = "1.0.137", features = ["derive"] }
 tokio = { version = "1.18.0", features = ["macros"] }
 url = "2.2.2"