diff --git a/Cargo.lock b/Cargo.lock
index 891a9a3324..b1588119c9 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3369,9 +3369,9 @@ checksum = "f638d531eccd6e23b980caf34876660d38e265409d8e99b397ab71eb3612fad0"
 
 [[package]]
 name = "serde"
-version = "1.0.170"
+version = "1.0.171"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a56657f512baabca8f840542f9ca8152aecf182c473c26e46e58d6aab4f6e439"
+checksum = "30e27d1e4fd7659406c492fd6cfaf2066ba8773de45ca75e855590f856dc34a9"
 dependencies = [
  "serde_derive",
 ]
@@ -3387,9 +3387,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.170"
+version = "1.0.171"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "77d477848e6b23adba0db397777d5aad864555bc17fd9c89abb3b8009788b7b8"
+checksum = "389894603bd18c46fa56231694f8d827779c0951a667087194cf9de94ed24682"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 17353a89a7..464de52884 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -63,7 +63,7 @@ scale-value = "0.10.0"
 scale-bits = "0.3"
 scale-decode = "0.7.0"
 scale-encode = "0.3.0"
-serde = { version = "1.0.164" }
+serde = { version = "1.0.171" }
 serde_json = { version = "1.0.100" }
 syn = { version = "2.0.15", features = ["full", "extra-traits"] }
 thiserror = "1.0.40"