diff --git a/Cargo.lock b/Cargo.lock
index bb63dc596c..34d521c917 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -716,9 +716,9 @@ dependencies = [
 
 [[package]]
 name = "clap"
-version = "4.3.21"
+version = "4.3.23"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c27cdf28c0f604ba3f512b0c9a409f8de8513e4816705deb0498b627e7c3a3fd"
+checksum = "03aef18ddf7d879c15ce20f04826ef8418101c7e528014c3eeea13321047dca3"
 dependencies = [
  "clap_builder",
  "clap_derive",
@@ -727,9 +727,9 @@ dependencies = [
 
 [[package]]
 name = "clap_builder"
-version = "4.3.21"
+version = "4.3.23"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "08a9f1ab5e9f01a9b81f202e8562eb9a10de70abf9eaeac1be465c28b75aa4aa"
+checksum = "f8ce6fffb678c9b80a70b6b6de0aad31df727623a70fd9a842c30cd573e2fa98"
 dependencies = [
  "anstream",
  "anstyle",
@@ -4275,7 +4275,7 @@ dependencies = [
 name = "subxt-cli"
 version = "0.31.0"
 dependencies = [
- "clap 4.3.21",
+ "clap 4.3.23",
  "color-eyre",
  "frame-metadata 16.0.0",
  "hex",
diff --git a/Cargo.toml b/Cargo.toml
index 6451bddc14..01aab4bbeb 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -40,7 +40,7 @@ assert_matches = "1.5.0"
 base58 = { version = "0.2.0" }
 bitvec = { version = "1", default-features = false }
 blake2 = { version = "0.10.4", default-features = false }
-clap = { version = "4.3.21", features = ["derive", "cargo"] }
+clap = { version = "4.3.23", features = ["derive", "cargo"] }
 criterion = "0.4"
 codec = { package = "parity-scale-codec", version = "3.4.0", default-features = false }
 color-eyre = "0.6.1"