diff --git a/Cargo.lock b/Cargo.lock
index cd9df8ba82..497abe4a76 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -13692,12 +13692,6 @@ dependencies = [
  "westend-runtime",
 ]
 
-[[package]]
-name = "polkavm-common"
-version = "0.4.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fecd2caacfc4a7ee34243758dd7348859e6dec73f5e5df059890f5742ee46f0e"
-
 [[package]]
 name = "polkavm-common"
 version = "0.5.0"
@@ -13706,9 +13700,9 @@ checksum = "88b4e215c80fe876147f3d58158d5dfeae7dabdd6047e175af77095b78d0035c"
 
 [[package]]
 name = "polkavm-derive"
-version = "0.4.0"
+version = "0.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "db65a500d4adf574893c726ae365e37e4fbb7f2cbd403f6eaa1b665457456adc"
+checksum = "6380dbe1fb03ecc74ad55d841cfc75480222d153ba69ddcb00977866cbdabdb8"
 dependencies = [
  "polkavm-derive-impl",
  "syn 2.0.48",
@@ -13716,11 +13710,11 @@ dependencies = [
 
 [[package]]
 name = "polkavm-derive-impl"
-version = "0.4.0"
+version = "0.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c99f4e7a9ff434ef9c885b874c99d824c3a5693bf5e3e8569bb1d2245a8c1b7f"
+checksum = "dc8211b3365bbafb2fb32057d68b0e1ca55d079f5cf6f9da9b98079b94b3987d"
 dependencies = [
- "polkavm-common 0.4.0",
+ "polkavm-common",
  "proc-macro2",
  "quote",
  "syn 2.0.48",
@@ -13736,7 +13730,7 @@ dependencies = [
  "hashbrown 0.14.3",
  "log",
  "object 0.32.2",
- "polkavm-common 0.5.0",
+ "polkavm-common",
  "regalloc2 0.9.3",
  "rustc-demangle",
 ]
diff --git a/substrate/frame/contracts/uapi/Cargo.toml b/substrate/frame/contracts/uapi/Cargo.toml
index a5a8099d3b..eb8a9c6182 100644
--- a/substrate/frame/contracts/uapi/Cargo.toml
+++ b/substrate/frame/contracts/uapi/Cargo.toml
@@ -21,7 +21,7 @@ scale = { package = "parity-scale-codec", version = "3.6.1", default-features =
 ], optional = true }
 
 [target.'cfg(target_arch = "riscv32")'.dependencies]
-polkavm-derive = '0.4.0'
+polkavm-derive = '0.5.0'
 
 [features]
 default = ["scale"]