diff --git a/Cargo.lock b/Cargo.lock
index 6b6382b989..1221212cd0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -10555,18 +10555,18 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.150"
+version = "1.0.151"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e326c9ec8042f1b5da33252c8a37e9ffbd2c9bef0155215b6e6c80c790e05f91"
+checksum = "97fed41fc1a24994d044e6db6935e69511a1153b52c15eb42493b26fa87feba0"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.150"
+version = "1.0.151"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "42a3df25b0713732468deadad63ab9da1f1fd75a48a15024b50363f128db627e"
+checksum = "255abe9a125a985c05190d687b320c12f9b1f0b99445e608c21ba0782c719ad8"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/client/relay-chain-rpc-interface/Cargo.toml b/client/relay-chain-rpc-interface/Cargo.toml
index 870a1839b0..70d778457a 100644
--- a/client/relay-chain-rpc-interface/Cargo.toml
+++ b/client/relay-chain-rpc-interface/Cargo.toml
@@ -29,5 +29,5 @@ tracing = "0.1.37"
 async-trait = "0.1.59"
 url = "2.3.1"
 serde_json = "1.0.87"
-serde = "1.0.150"
+serde = "1.0.151"
 lru = "0.8.1"
diff --git a/parachain-template/node/Cargo.toml b/parachain-template/node/Cargo.toml
index 40274430e9..a57d05a6a0 100644
--- a/parachain-template/node/Cargo.toml
+++ b/parachain-template/node/Cargo.toml
@@ -13,7 +13,7 @@ build = "build.rs"
 clap = { version = "4.0.29", features = ["derive"] }
 log = "0.4.17"
 codec = { package = "parity-scale-codec", version = "3.0.0" }
-serde = { version = "1.0.150", features = ["derive"] }
+serde = { version = "1.0.151", features = ["derive"] }
 jsonrpsee = { version = "0.16.2", features = ["server"] }
 
 # Local
diff --git a/parachains/runtimes/bridge-hubs/bridge-hub-kusama/Cargo.toml b/parachains/runtimes/bridge-hubs/bridge-hub-kusama/Cargo.toml
index 5850adb4a2..2771066665 100644
--- a/parachains/runtimes/bridge-hubs/bridge-hub-kusama/Cargo.toml
+++ b/parachains/runtimes/bridge-hubs/bridge-hub-kusama/Cargo.toml
@@ -13,7 +13,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 hex-literal = { version = "0.3.4" }
 log = { version = "0.4.17", default-features = false }
 scale-info = { version = "2.3.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.150", optional = true, features = ["derive"] }
+serde = { version = "1.0.151", optional = true, features = ["derive"] }
 smallvec = "1.8.1"
 
 # Substrate
diff --git a/parachains/runtimes/bridge-hubs/bridge-hub-rococo/Cargo.toml b/parachains/runtimes/bridge-hubs/bridge-hub-rococo/Cargo.toml
index b7d9b9b193..af94729ed9 100644
--- a/parachains/runtimes/bridge-hubs/bridge-hub-rococo/Cargo.toml
+++ b/parachains/runtimes/bridge-hubs/bridge-hub-rococo/Cargo.toml
@@ -13,7 +13,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 hex-literal = { version = "0.3.4" }
 log = { version = "0.4.17", default-features = false }
 scale-info = { version = "2.3.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.150", optional = true, features = ["derive"] }
+serde = { version = "1.0.151", optional = true, features = ["derive"] }
 smallvec = "1.8.1"
 
 # Substrate
diff --git a/polkadot-parachain/Cargo.toml b/polkadot-parachain/Cargo.toml
index 0f9476ad80..635ad556b0 100644
--- a/polkadot-parachain/Cargo.toml
+++ b/polkadot-parachain/Cargo.toml
@@ -17,7 +17,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0" }
 futures = "0.3.25"
 hex-literal = "0.3.4"
 log = "0.4.17"
-serde = { version = "1.0.150", features = ["derive"] }
+serde = { version = "1.0.151", features = ["derive"] }
 
 # Local
 rococo-parachain-runtime = { path = "../parachains/runtimes/testing/rococo-parachain" }
diff --git a/test/service/Cargo.toml b/test/service/Cargo.toml
index 779a469592..81b84b691d 100644
--- a/test/service/Cargo.toml
+++ b/test/service/Cargo.toml
@@ -15,7 +15,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0" }
 criterion = { version = "0.4.0", features = [ "async_tokio" ] }
 jsonrpsee = { version = "0.16.2", features = ["server"] }
 rand = "0.8.5"
-serde = { version = "1.0.150", features = ["derive"] }
+serde = { version = "1.0.151", features = ["derive"] }
 tokio = { version = "1.23.0", features = ["macros"] }
 tracing = "0.1.37"
 url = "2.3.1"