diff --git a/substrate/Cargo.lock b/substrate/Cargo.lock
index 92844e51fb..0c70bbdf6e 100644
--- a/substrate/Cargo.lock
+++ b/substrate/Cargo.lock
@@ -8893,9 +8893,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.130"
+version = "1.0.131"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f12d06de37cf59146fbdecab66aa99f9fe4f78722e3607577a5375d66bd0c913"
+checksum = "b4ad69dfbd3e45369132cc64e6748c2d65cdfb001a2b1c232d128b4ad60561c1"
 dependencies = [
  "serde_derive",
 ]
@@ -8921,9 +8921,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.130"
+version = "1.0.131"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d7bc1a1ab1961464eae040d96713baa5a724a8152c1222492465b54322ec508b"
+checksum = "b710a83c4e0dff6a3d511946b95274ad9ca9e5d3ae497b63fda866ac955358d2"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/substrate/bin/node/bench/Cargo.toml b/substrate/bin/node/bench/Cargo.toml
index 8d2ca81027..3ffb0f92c8 100644
--- a/substrate/bin/node/bench/Cargo.toml
+++ b/substrate/bin/node/bench/Cargo.toml
@@ -16,7 +16,7 @@ node-runtime = { version = "3.0.0-dev", path = "../runtime" }
 sc-client-api = { version = "4.0.0-dev", path = "../../../client/api/" }
 sp-runtime = { version = "4.0.0", path = "../../../primitives/runtime" }
 sp-state-machine = { version = "0.10.0", path = "../../../primitives/state-machine" }
-serde = "1.0.126"
+serde = "1.0.131"
 serde_json = "1.0.71"
 structopt = "0.3"
 derive_more = "0.99.16"
diff --git a/substrate/bin/node/cli/Cargo.toml b/substrate/bin/node/cli/Cargo.toml
index d7143b3981..a967dd1332 100644
--- a/substrate/bin/node/cli/Cargo.toml
+++ b/substrate/bin/node/cli/Cargo.toml
@@ -35,7 +35,7 @@ crate-type = ["cdylib", "rlib"]
 [dependencies]
 # third-party dependencies
 codec = { package = "parity-scale-codec", version = "2.0.0" }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 futures = "0.3.16"
 hex-literal = "0.3.4"
 log = "0.4.8"
diff --git a/substrate/client/beefy/rpc/Cargo.toml b/substrate/client/beefy/rpc/Cargo.toml
index 9f4a1305f2..b5a8144fab 100644
--- a/substrate/client/beefy/rpc/Cargo.toml
+++ b/substrate/client/beefy/rpc/Cargo.toml
@@ -10,7 +10,7 @@ description = "RPC for the BEEFY Client gadget for substrate"
 [dependencies]
 futures = "0.3.16"
 log = "0.4"
-serde = { version = "1.0.130", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 
 jsonrpc-core = "18.0.0"
 jsonrpc-core-client = "18.0.0"
diff --git a/substrate/client/chain-spec/Cargo.toml b/substrate/client/chain-spec/Cargo.toml
index d06e0bce18..4ef14decf9 100644
--- a/substrate/client/chain-spec/Cargo.toml
+++ b/substrate/client/chain-spec/Cargo.toml
@@ -17,7 +17,7 @@ sc-chain-spec-derive = { version = "4.0.0-dev", path = "./derive" }
 impl-trait-for-tuples = "0.2.1"
 sc-network = { version = "0.10.0-dev", path = "../network" }
 sp-core = { version = "4.1.0-dev", path = "../../primitives/core" }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 serde_json = "1.0.71"
 sp-runtime = { version = "4.0.0", path = "../../primitives/runtime" }
 sc-telemetry = { version = "4.0.0-dev", path = "../telemetry" }
diff --git a/substrate/client/cli/Cargo.toml b/substrate/client/cli/Cargo.toml
index 2e2b208923..cb9d09bbdb 100644
--- a/substrate/client/cli/Cargo.toml
+++ b/substrate/client/cli/Cargo.toml
@@ -41,7 +41,7 @@ names = { version = "0.12.0", default-features = false }
 structopt = "0.3.25"
 sc-tracing = { version = "4.0.0-dev", path = "../tracing" }
 chrono = "0.4.10"
-serde = "1.0.126"
+serde = "1.0.131"
 thiserror = "1.0.30"
 rpassword = "5.0.0"
 
diff --git a/substrate/client/consensus/babe/Cargo.toml b/substrate/client/consensus/babe/Cargo.toml
index c96d648846..654e47b727 100644
--- a/substrate/client/consensus/babe/Cargo.toml
+++ b/substrate/client/consensus/babe/Cargo.toml
@@ -25,7 +25,7 @@ sp-keystore = { version = "0.10.0", path = "../../../primitives/keystore" }
 num-bigint = "0.2.3"
 num-rational = "0.2.2"
 num-traits = "0.2.8"
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 sp-version = { version = "4.0.0-dev", path = "../../../primitives/version" }
 sp-io = { version = "4.0.0", path = "../../../primitives/io" }
 sp-inherents = { version = "4.0.0-dev", path = "../../../primitives/inherents" }
diff --git a/substrate/client/consensus/babe/rpc/Cargo.toml b/substrate/client/consensus/babe/rpc/Cargo.toml
index cea2aea455..28b27db82c 100644
--- a/substrate/client/consensus/babe/rpc/Cargo.toml
+++ b/substrate/client/consensus/babe/rpc/Cargo.toml
@@ -19,7 +19,7 @@ jsonrpc-core = "18.0.0"
 jsonrpc-core-client = "18.0.0"
 jsonrpc-derive = "18.0.0"
 sp-consensus-babe = { version = "0.10.0-dev", path = "../../../../primitives/consensus/babe" }
-serde = { version = "1.0.126", features=["derive"] }
+serde = { version = "1.0.131", features=["derive"] }
 sp-blockchain = { version = "4.0.0-dev", path = "../../../../primitives/blockchain" }
 sp-runtime = { version = "4.0.0", path = "../../../../primitives/runtime" }
 sc-consensus-epochs = { version = "0.10.0-dev", path = "../../epochs" }
diff --git a/substrate/client/network/Cargo.toml b/substrate/client/network/Cargo.toml
index 643b244020..d82d5b9574 100644
--- a/substrate/client/network/Cargo.toml
+++ b/substrate/client/network/Cargo.toml
@@ -46,7 +46,7 @@ rand = "0.7.2"
 sc-block-builder = { version = "0.10.0-dev", path = "../block-builder" }
 sc-client-api = { version = "4.0.0-dev", path = "../api" }
 sc-peerset = { version = "4.0.0-dev", path = "../peerset" }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 serde_json = "1.0.71"
 smallvec = "1.7.0"
 sp-arithmetic = { version = "4.0.0", path = "../../primitives/arithmetic" }
diff --git a/substrate/client/rpc-api/Cargo.toml b/substrate/client/rpc-api/Cargo.toml
index 2e75dd460b..8a2feb2581 100644
--- a/substrate/client/rpc-api/Cargo.toml
+++ b/substrate/client/rpc-api/Cargo.toml
@@ -27,7 +27,7 @@ sp-core = { version = "4.1.0-dev", path = "../../primitives/core" }
 sp-version = { version = "4.0.0-dev", path = "../../primitives/version" }
 sp-runtime = { path = "../../primitives/runtime", version = "4.0.0" }
 sc-chain-spec = { path = "../chain-spec", version = "4.0.0-dev" }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 serde_json = "1.0.71"
 sc-transaction-pool-api = { version = "4.0.0-dev", path = "../transaction-pool/api" }
 sp-rpc = { version = "4.0.0-dev", path = "../../primitives/rpc" }
diff --git a/substrate/client/service/Cargo.toml b/substrate/client/service/Cargo.toml
index e81125fc91..4d88f40300 100644
--- a/substrate/client/service/Cargo.toml
+++ b/substrate/client/service/Cargo.toml
@@ -33,7 +33,7 @@ futures-timer = "3.0.1"
 exit-future = "0.2.0"
 pin-project = "1.0.8"
 hash-db = "0.15.2"
-serde = "1.0.126"
+serde = "1.0.131"
 serde_json = "1.0.71"
 sc-keystore = { version = "4.0.0-dev", path = "../keystore" }
 sp-runtime = { version = "4.0.0", path = "../../primitives/runtime" }
diff --git a/substrate/client/sync-state-rpc/Cargo.toml b/substrate/client/sync-state-rpc/Cargo.toml
index a7b632b818..1566777009 100644
--- a/substrate/client/sync-state-rpc/Cargo.toml
+++ b/substrate/client/sync-state-rpc/Cargo.toml
@@ -24,7 +24,7 @@ sc-consensus-epochs = { version = "0.10.0-dev", path = "../consensus/epochs" }
 sc-finality-grandpa = { version = "0.10.0-dev", path = "../finality-grandpa" }
 sc-rpc-api = { version = "0.10.0-dev", path = "../rpc-api" }
 serde_json = "1.0.71"
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 sp-blockchain = { version = "4.0.0-dev", path = "../../primitives/blockchain" }
 sp-runtime = { version = "4.0.0", path = "../../primitives/runtime" }
 codec = { package = "parity-scale-codec", version = "2.0.0" }
diff --git a/substrate/client/telemetry/Cargo.toml b/substrate/client/telemetry/Cargo.toml
index af7b1d0a06..c4e03e94a2 100644
--- a/substrate/client/telemetry/Cargo.toml
+++ b/substrate/client/telemetry/Cargo.toml
@@ -22,7 +22,7 @@ libp2p = { version = "0.40.0", default-features = false, features = ["dns-async-
 log = "0.4.8"
 pin-project = "1.0.8"
 rand = "0.7.2"
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 serde_json = "1.0.71"
 chrono = "0.4.19"
 thiserror = "1.0.30"
diff --git a/substrate/client/tracing/Cargo.toml b/substrate/client/tracing/Cargo.toml
index c4fdcde3f0..861e1acc68 100644
--- a/substrate/client/tracing/Cargo.toml
+++ b/substrate/client/tracing/Cargo.toml
@@ -23,7 +23,7 @@ once_cell = "1.8.0"
 parking_lot = "0.11.2"
 regex = "1.5.4"
 rustc-hash = "1.1.0"
-serde = "1.0.126"
+serde = "1.0.131"
 thiserror = "1.0.30"
 tracing = "0.1.29"
 tracing-log = "0.1.2"
diff --git a/substrate/client/transaction-pool/Cargo.toml b/substrate/client/transaction-pool/Cargo.toml
index 6439a18543..2399fb449c 100644
--- a/substrate/client/transaction-pool/Cargo.toml
+++ b/substrate/client/transaction-pool/Cargo.toml
@@ -30,7 +30,7 @@ sp-transaction-pool = { version = "4.0.0-dev", path = "../../primitives/transact
 sc-transaction-pool-api = { version = "4.0.0-dev", path = "./api" }
 sp-blockchain = { version = "4.0.0-dev", path = "../../primitives/blockchain" }
 sc-utils = { version = "4.0.0-dev", path = "../utils" }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 linked-hash-map = "0.5.4"
 retain_mut = "0.1.4"
 
diff --git a/substrate/client/transaction-pool/api/Cargo.toml b/substrate/client/transaction-pool/api/Cargo.toml
index 0c65234b0d..39e126250a 100644
--- a/substrate/client/transaction-pool/api/Cargo.toml
+++ b/substrate/client/transaction-pool/api/Cargo.toml
@@ -11,7 +11,7 @@ description = "Transaction pool client facing API."
 [dependencies]
 futures = { version = "0.3.1"  }
 log = { version = "0.4.8" }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 thiserror = { version = "1.0.30" }
 sp-runtime = { version = "4.0.0", default-features = false, path = "../../../primitives/runtime" }
 
diff --git a/substrate/frame/beefy-mmr/Cargo.toml b/substrate/frame/beefy-mmr/Cargo.toml
index 50c4fd3f7f..a4ba9d1fbd 100644
--- a/substrate/frame/beefy-mmr/Cargo.toml
+++ b/substrate/frame/beefy-mmr/Cargo.toml
@@ -13,7 +13,7 @@ codec = { version = "2.2.0", package = "parity-scale-codec", default-features =
 libsecp256k1 = { version = "0.7.0", default-features = false }
 log = { version = "0.4.13", default-features = false }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.130", optional = true }
+serde = { version = "1.0.131", optional = true }
 
 frame-support = { version = "4.0.0-dev", path = "../support", default-features = false }
 frame-system = { version = "4.0.0-dev", path = "../system", default-features = false }
diff --git a/substrate/frame/beefy/Cargo.toml b/substrate/frame/beefy/Cargo.toml
index 2f7059d515..e9a748b2e8 100644
--- a/substrate/frame/beefy/Cargo.toml
+++ b/substrate/frame/beefy/Cargo.toml
@@ -10,7 +10,7 @@ description = "BEEFY FRAME pallet"
 [dependencies]
 codec = { version = "2.2.0", package = "parity-scale-codec", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.130", optional = true }
+serde = { version = "1.0.131", optional = true }
 
 frame-support = { version = "4.0.0-dev", path = "../support", default-features = false }
 frame-system = { version = "4.0.0-dev", path = "../system", default-features = false }
diff --git a/substrate/frame/democracy/Cargo.toml b/substrate/frame/democracy/Cargo.toml
index b1b84d9ad0..0c9306b8b5 100644
--- a/substrate/frame/democracy/Cargo.toml
+++ b/substrate/frame/democracy/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = [
 	"derive",
 ] }
diff --git a/substrate/frame/merkle-mountain-range/primitives/Cargo.toml b/substrate/frame/merkle-mountain-range/primitives/Cargo.toml
index 713da64e26..cda883ccf7 100644
--- a/substrate/frame/merkle-mountain-range/primitives/Cargo.toml
+++ b/substrate/frame/merkle-mountain-range/primitives/Cargo.toml
@@ -14,7 +14,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 [dependencies]
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false }
 log = { version = "0.4.14", default-features = false }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 
 sp-api = { version = "4.0.0-dev", default-features = false, path = "../../../primitives/api" }
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../../../primitives/core" }
diff --git a/substrate/frame/merkle-mountain-range/rpc/Cargo.toml b/substrate/frame/merkle-mountain-range/rpc/Cargo.toml
index 13d60142df..291fd5311a 100644
--- a/substrate/frame/merkle-mountain-range/rpc/Cargo.toml
+++ b/substrate/frame/merkle-mountain-range/rpc/Cargo.toml
@@ -17,7 +17,7 @@ codec = { package = "parity-scale-codec", version = "2.0.0" }
 jsonrpc-core = "18.0.0"
 jsonrpc-core-client = "18.0.0"
 jsonrpc-derive = "18.0.0"
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 
 sp-api = { version = "4.0.0-dev", path = "../../../primitives/api" }
 sp-blockchain = { version = "4.0.0-dev", path = "../../../primitives/blockchain" }
diff --git a/substrate/frame/offences/Cargo.toml b/substrate/frame/offences/Cargo.toml
index 02f36fab0a..40b211a19c 100644
--- a/substrate/frame/offences/Cargo.toml
+++ b/substrate/frame/offences/Cargo.toml
@@ -17,7 +17,7 @@ pallet-balances = { version = "4.0.0-dev", default-features = false, path = "../
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 sp-std = { version = "4.0.0", default-features = false, path = "../../primitives/std" }
-serde = { version = "1.0.126", optional = true }
+serde = { version = "1.0.131", optional = true }
 sp-runtime = { version = "4.0.0", default-features = false, path = "../../primitives/runtime" }
 sp-staking = { version = "4.0.0-dev", default-features = false, path = "../../primitives/staking" }
 frame-support = { version = "4.0.0-dev", default-features = false, path = "../support" }
diff --git a/substrate/frame/staking/Cargo.toml b/substrate/frame/staking/Cargo.toml
index c91db8c24f..e09d5a57d5 100644
--- a/substrate/frame/staking/Cargo.toml
+++ b/substrate/frame/staking/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", optional = true }
+serde = { version = "1.0.131", optional = true }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = [
 	"derive",
 ] }
diff --git a/substrate/frame/support/Cargo.toml b/substrate/frame/support/Cargo.toml
index 3cfce23dab..c049870ecb 100644
--- a/substrate/frame/support/Cargo.toml
+++ b/substrate/frame/support/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "2.2.0", default-features = false, features = ["derive", "max-encoded-len"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 frame-metadata = { version = "14.0.0", default-features = false, features = ["v14"] }
diff --git a/substrate/frame/support/test/Cargo.toml b/substrate/frame/support/test/Cargo.toml
index d41b0fcacf..ebee4515f3 100644
--- a/substrate/frame/support/test/Cargo.toml
+++ b/substrate/frame/support/test/Cargo.toml
@@ -12,7 +12,7 @@ repository = "https://github.com/paritytech/substrate/"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", default-features = false, features = ["derive"] }
+serde = { version = "1.0.131", default-features = false, features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 sp-arithmetic = { version = "4.0.0", default-features = false, path = "../../../primitives/arithmetic" }
diff --git a/substrate/frame/system/Cargo.toml b/substrate/frame/system/Cargo.toml
index 70a9b12c7a..cc1378a35c 100644
--- a/substrate/frame/system/Cargo.toml
+++ b/substrate/frame/system/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../../primitives/core" }
diff --git a/substrate/frame/tips/Cargo.toml b/substrate/frame/tips/Cargo.toml
index a637fa3928..935ab907a8 100644
--- a/substrate/frame/tips/Cargo.toml
+++ b/substrate/frame/tips/Cargo.toml
@@ -16,7 +16,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.0", default-features = false }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.126", features = ["derive"], optional = true }
+serde = { version = "1.0.131", features = ["derive"], optional = true }
 
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../../primitives/core" }
 sp-io = { version = "4.0.0-dev", default-features = false, path = "../../primitives/io" }
diff --git a/substrate/frame/transaction-payment/Cargo.toml b/substrate/frame/transaction-payment/Cargo.toml
index ac6fc5c71c..f4b9b9a180 100644
--- a/substrate/frame/transaction-payment/Cargo.toml
+++ b/substrate/frame/transaction-payment/Cargo.toml
@@ -17,7 +17,7 @@ codec = { package = "parity-scale-codec", version = "2.0.0", default-features =
 	"derive",
 ] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.126", optional = true }
+serde = { version = "1.0.131", optional = true }
 smallvec = "1.7.0"
 
 sp-core = { version = "4.1.0-dev", path = "../../primitives/core", default-features = false }
diff --git a/substrate/frame/transaction-payment/asset-tx-payment/Cargo.toml b/substrate/frame/transaction-payment/asset-tx-payment/Cargo.toml
index 3f89a5c4b5..9c26fc8033 100644
--- a/substrate/frame/transaction-payment/asset-tx-payment/Cargo.toml
+++ b/substrate/frame/transaction-payment/asset-tx-payment/Cargo.toml
@@ -26,7 +26,7 @@ pallet-transaction-payment = { version = "4.0.0-dev", default-features = false,
 # Other dependencies
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.126", optional = true }
+serde = { version = "1.0.131", optional = true }
 
 [dev-dependencies]
 smallvec = "1.7.0"
diff --git a/substrate/frame/transaction-storage/Cargo.toml b/substrate/frame/transaction-storage/Cargo.toml
index 10f1d3d2e2..9bbc055dae 100644
--- a/substrate/frame/transaction-storage/Cargo.toml
+++ b/substrate/frame/transaction-storage/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", optional = true }
+serde = { version = "1.0.131", optional = true }
 hex-literal = { version = "0.3.4", optional = true }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
diff --git a/substrate/frame/treasury/Cargo.toml b/substrate/frame/treasury/Cargo.toml
index 5fe5734120..53cad5edff 100644
--- a/substrate/frame/treasury/Cargo.toml
+++ b/substrate/frame/treasury/Cargo.toml
@@ -18,7 +18,7 @@ codec = { package = "parity-scale-codec", version = "2.2.0", default-features =
 	"max-encoded-len",
 ] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.126", features = ["derive"], optional = true }
+serde = { version = "1.0.131", features = ["derive"], optional = true }
 impl-trait-for-tuples = "0.2.1"
 
 sp-std = { version = "4.0.0", default-features = false, path = "../../primitives/std" }
diff --git a/substrate/primitives/application-crypto/Cargo.toml b/substrate/primitives/application-crypto/Cargo.toml
index 8090203bbc..750f887449 100644
--- a/substrate/primitives/application-crypto/Cargo.toml
+++ b/substrate/primitives/application-crypto/Cargo.toml
@@ -18,7 +18,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../core" }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 sp-std = { version = "4.0.0", default-features = false, path = "../std" }
 sp-io = { version = "4.0.0", default-features = false, path = "../io" }
 
diff --git a/substrate/primitives/arithmetic/Cargo.toml b/substrate/primitives/arithmetic/Cargo.toml
index 8db65342cf..a035b03b82 100644
--- a/substrate/primitives/arithmetic/Cargo.toml
+++ b/substrate/primitives/arithmetic/Cargo.toml
@@ -23,7 +23,7 @@ integer-sqrt = "0.1.2"
 static_assertions = "1.1.0"
 num-traits = { version = "0.2.8", default-features = false }
 sp-std = { version = "4.0.0", default-features = false, path = "../std" }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 sp-debug-derive = { version = "4.0.0", default-features = false, path = "../debug-derive" }
 
 [dev-dependencies]
diff --git a/substrate/primitives/consensus/babe/Cargo.toml b/substrate/primitives/consensus/babe/Cargo.toml
index fcfda41076..19e94a8da2 100644
--- a/substrate/primitives/consensus/babe/Cargo.toml
+++ b/substrate/primitives/consensus/babe/Cargo.toml
@@ -27,7 +27,7 @@ sp-inherents = { version = "4.0.0-dev", default-features = false, path = "../../
 sp-keystore = { version = "0.10.0", default-features = false, path = "../../keystore", optional = true }
 sp-runtime = { version = "4.0.0", default-features = false, path = "../../runtime" }
 sp-timestamp = { version = "4.0.0-dev", path = "../../timestamp", optional = true }
-serde = { version = "1.0.126", features = ["derive"], optional = true }
+serde = { version = "1.0.131", features = ["derive"], optional = true }
 async-trait = { version = "0.1.50", optional = true }
 
 [features]
diff --git a/substrate/primitives/core/Cargo.toml b/substrate/primitives/core/Cargo.toml
index 2922c8b940..1ec9b5b46f 100644
--- a/substrate/primitives/core/Cargo.toml
+++ b/substrate/primitives/core/Cargo.toml
@@ -19,7 +19,7 @@ codec = { package = "parity-scale-codec", version = "2.2.0", default-features =
 ] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 log = { version = "0.4.11", default-features = false }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 byteorder = { version = "1.3.2", default-features = false }
 primitive-types = { version = "0.10.1", default-features = false, features = [
 	"codec",
diff --git a/substrate/primitives/finality-grandpa/Cargo.toml b/substrate/primitives/finality-grandpa/Cargo.toml
index 8bcdf1462f..80607a0beb 100644
--- a/substrate/primitives/finality-grandpa/Cargo.toml
+++ b/substrate/primitives/finality-grandpa/Cargo.toml
@@ -19,7 +19,7 @@ codec = { package = "parity-scale-codec", version = "2.0.0", default-features =
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 grandpa = { package = "finality-grandpa", version = "0.14.1", default-features = false, features = ["derive-codec"] }
 log = { version = "0.4.8", optional = true }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 sp-api = { version = "4.0.0-dev", default-features = false, path = "../api" }
 sp-application-crypto = { version = "4.0.0", default-features = false, path = "../application-crypto" }
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../core" }
diff --git a/substrate/primitives/npos-elections/Cargo.toml b/substrate/primitives/npos-elections/Cargo.toml
index 3a5b00dcdf..3ee25f8ab8 100644
--- a/substrate/primitives/npos-elections/Cargo.toml
+++ b/substrate/primitives/npos-elections/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 [dependencies]
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 sp-std = { version = "4.0.0", default-features = false, path = "../std" }
 sp-npos-elections-solution-type = { version = "4.0.0-dev", path = "./solution-type" }
 sp-arithmetic = { version = "4.0.0", default-features = false, path = "../arithmetic" }
diff --git a/substrate/primitives/rpc/Cargo.toml b/substrate/primitives/rpc/Cargo.toml
index e16280f95d..fdc019bad4 100644
--- a/substrate/primitives/rpc/Cargo.toml
+++ b/substrate/primitives/rpc/Cargo.toml
@@ -13,7 +13,7 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.131", features = ["derive"] }
 sp-core = { version = "4.1.0-dev", path = "../core" }
 rustc-hash = "1.1.0"
 
diff --git a/substrate/primitives/runtime/Cargo.toml b/substrate/primitives/runtime/Cargo.toml
index 6363a0a286..a30bd08452 100644
--- a/substrate/primitives/runtime/Cargo.toml
+++ b/substrate/primitives/runtime/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 
 
 [dependencies]
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "2.2.0", default-features = false, features = ["derive", "max-encoded-len"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../core" }
diff --git a/substrate/primitives/serializer/Cargo.toml b/substrate/primitives/serializer/Cargo.toml
index 359217b9b4..89ddb28df2 100644
--- a/substrate/primitives/serializer/Cargo.toml
+++ b/substrate/primitives/serializer/Cargo.toml
@@ -14,5 +14,5 @@ readme = "README.md"
 targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
-serde = "1.0.126"
+serde = "1.0.131"
 serde_json = "1.0.71"
diff --git a/substrate/primitives/storage/Cargo.toml b/substrate/primitives/storage/Cargo.toml
index 918938273c..98c8d693e9 100644
--- a/substrate/primitives/storage/Cargo.toml
+++ b/substrate/primitives/storage/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
 sp-std = { version = "4.0.0", default-features = false, path = "../std" }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 impl-serde = { version = "0.3.1", optional = true }
 ref-cast = "1.0.0"
 sp-debug-derive = { version = "4.0.0", default-features = false, path = "../debug-derive" }
diff --git a/substrate/primitives/test-primitives/Cargo.toml b/substrate/primitives/test-primitives/Cargo.toml
index 5d0a3d440c..5bc81637e8 100644
--- a/substrate/primitives/test-primitives/Cargo.toml
+++ b/substrate/primitives/test-primitives/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 sp-application-crypto = { version = "4.0.0", default-features = false, path = "../application-crypto" }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 sp-core = { version = "4.1.0-dev", default-features = false, path = "../core" }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 sp-runtime = { version = "4.0.0", default-features = false, path = "../runtime" }
 parity-util-mem = { version = "0.10.2", default-features = false, features = ["primitive-types"] }
 
diff --git a/substrate/primitives/version/Cargo.toml b/substrate/primitives/version/Cargo.toml
index b8a3a5bc3e..b6ad02d433 100644
--- a/substrate/primitives/version/Cargo.toml
+++ b/substrate/primitives/version/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 
 [dependencies]
 impl-serde = { version = "0.3.1", optional = true }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "2.0.0", default-features = false, features = ["derive"] }
 scale-info = { version = "1.0", default-features = false, features = ["derive"] }
 sp-std = { version = "4.0.0", default-features = false, path = "../std" }
diff --git a/substrate/test-utils/client/Cargo.toml b/substrate/test-utils/client/Cargo.toml
index 5d148ccd12..c5a4a27c2e 100644
--- a/substrate/test-utils/client/Cargo.toml
+++ b/substrate/test-utils/client/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 codec = { package = "parity-scale-codec", version = "2.0.0" }
 futures = "0.3.16"
 hex = "0.4"
-serde = "1.0.126"
+serde = "1.0.131"
 serde_json = "1.0.71"
 sc-client-api = { version = "4.0.0-dev", path = "../../client/api" }
 sc-client-db = { version = "0.10.0-dev", features = [
diff --git a/substrate/test-utils/runtime/Cargo.toml b/substrate/test-utils/runtime/Cargo.toml
index 72e2c255c1..ccaae6e692 100644
--- a/substrate/test-utils/runtime/Cargo.toml
+++ b/substrate/test-utils/runtime/Cargo.toml
@@ -48,7 +48,7 @@ sp-externalities = { version = "0.10.0", default-features = false, path = "../..
 # 3rd party
 cfg-if = "1.0"
 log = { version = "0.4.14", default-features = false }
-serde = { version = "1.0.126", optional = true, features = ["derive"] }
+serde = { version = "1.0.131", optional = true, features = ["derive"] }
 
 [dev-dependencies]
 sc-block-builder = { version = "0.10.0-dev", path = "../../client/block-builder" }
diff --git a/substrate/utils/frame/benchmarking-cli/Cargo.toml b/substrate/utils/frame/benchmarking-cli/Cargo.toml
index d61cf71aec..fce53612e3 100644
--- a/substrate/utils/frame/benchmarking-cli/Cargo.toml
+++ b/substrate/utils/frame/benchmarking-cli/Cargo.toml
@@ -27,7 +27,7 @@ sp-state-machine = { version = "0.10.0", path = "../../../primitives/state-machi
 codec = { version = "2.0.0", package = "parity-scale-codec" }
 structopt = "0.3.25"
 chrono = "0.4"
-serde = "1.0.126"
+serde = "1.0.131"
 handlebars = "4.1.4"
 Inflector = "0.11.4"
 linked-hash-map = "0.5.4"
diff --git a/substrate/utils/frame/remote-externalities/Cargo.toml b/substrate/utils/frame/remote-externalities/Cargo.toml
index edd538baf5..969860c3df 100644
--- a/substrate/utils/frame/remote-externalities/Cargo.toml
+++ b/substrate/utils/frame/remote-externalities/Cargo.toml
@@ -20,7 +20,7 @@ frame-support = { path = "../../../frame/support", optional = true, version = "4
 log = "0.4.11"
 codec = { package = "parity-scale-codec", version = "2.0.0" }
 serde_json = "1.0"
-serde = "1.0.126"
+serde = "1.0.131"
 
 sp-io = { version = "4.0.0-dev", path = "../../../primitives/io" }
 sp-core = { version = "4.1.0-dev", path = "../../../primitives/core" }
diff --git a/substrate/utils/frame/try-runtime/cli/Cargo.toml b/substrate/utils/frame/try-runtime/cli/Cargo.toml
index a0eca3cc9e..8f84750f8e 100644
--- a/substrate/utils/frame/try-runtime/cli/Cargo.toml
+++ b/substrate/utils/frame/try-runtime/cli/Cargo.toml
@@ -15,7 +15,7 @@ targets = ["x86_64-unknown-linux-gnu"]
 [dependencies]
 log = "0.4.8"
 parity-scale-codec = { version = "2.3.1" }
-serde = "1.0.126"
+serde = "1.0.131"
 structopt = "0.3.25"
 
 sc-service = { version = "0.10.0-dev", default-features = false, path = "../../../../client/service" }