diff --git a/Cargo.lock b/Cargo.lock
index 9a55052437..c5c3389f1f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -322,9 +322,9 @@ checksum = "e91831deabf0d6d7ec49552e489aed63b7456a7a3c46cff62adad428110b0af0"
 
 [[package]]
 name = "async-trait"
-version = "0.1.53"
+version = "0.1.54"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ed6aa3524a2dfcf9fe180c51eae2b58738348d819517ceadf95789c51fff7600"
+checksum = "159c7edec63db93c5eb1e5e6928f6dec9aea1174cf983a8e5fc4caa179792814"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/client/consensus/aura/Cargo.toml b/client/consensus/aura/Cargo.toml
index 0f55f9b299..cea8195a8d 100644
--- a/client/consensus/aura/Cargo.toml
+++ b/client/consensus/aura/Cargo.toml
@@ -6,7 +6,7 @@ authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
 [dependencies]
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 futures = { version = "0.3.8", features = ["compat"] }
 tracing = "0.1.34"
diff --git a/client/consensus/common/Cargo.toml b/client/consensus/common/Cargo.toml
index 91ab208079..78956709c6 100644
--- a/client/consensus/common/Cargo.toml
+++ b/client/consensus/common/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 futures = { version = "0.3.8", features = ["compat"] }
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 tracing = "0.1.34"
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 dyn-clone = "1.0.5"
 
 # Substrate
diff --git a/client/consensus/relay-chain/Cargo.toml b/client/consensus/relay-chain/Cargo.toml
index 85d9fd807a..9de3c805b9 100644
--- a/client/consensus/relay-chain/Cargo.toml
+++ b/client/consensus/relay-chain/Cargo.toml
@@ -6,7 +6,7 @@ authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
 [dependencies]
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 futures = { version = "0.3.8", features = ["compat"] }
 parking_lot = "0.12.1"
 tracing = "0.1.34"
diff --git a/client/network/Cargo.toml b/client/network/Cargo.toml
index 38679292aa..5295db2364 100644
--- a/client/network/Cargo.toml
+++ b/client/network/Cargo.toml
@@ -6,7 +6,7 @@ description = "Cumulus-specific networking protocol"
 edition = "2021"
 
 [dependencies]
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 derive_more = "0.99.2"
 futures = { version = "0.3.1", features = ["compat"] }
diff --git a/client/relay-chain-inprocess-interface/Cargo.toml b/client/relay-chain-inprocess-interface/Cargo.toml
index b1c5e4f0ef..5b61adc26c 100644
--- a/client/relay-chain-inprocess-interface/Cargo.toml
+++ b/client/relay-chain-inprocess-interface/Cargo.toml
@@ -5,7 +5,7 @@ version = "0.1.0"
 edition = "2021"
 
 [dependencies]
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 futures = "0.3.21"
 futures-timer = "3.0.2"
 parking_lot = "0.12.1"
diff --git a/client/relay-chain-interface/Cargo.toml b/client/relay-chain-interface/Cargo.toml
index deffe763b7..99e4e4b0d0 100644
--- a/client/relay-chain-interface/Cargo.toml
+++ b/client/relay-chain-interface/Cargo.toml
@@ -21,7 +21,7 @@ sc-service = { git = "https://github.com/paritytech/substrate", branch = "master
 futures = "0.3.21"
 parking_lot = "0.12.1"
 derive_more = "0.99.2"
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 thiserror = "1.0.31"
 jsonrpsee-core = "0.13.1"
 parity-scale-codec = "3.1.2"
diff --git a/client/relay-chain-rpc-interface/Cargo.toml b/client/relay-chain-rpc-interface/Cargo.toml
index 18b47377a1..bf941eab2d 100644
--- a/client/relay-chain-rpc-interface/Cargo.toml
+++ b/client/relay-chain-rpc-interface/Cargo.toml
@@ -25,6 +25,6 @@ parity-scale-codec = "3.1.2"
 parking_lot = "0.12.1"
 jsonrpsee = { version = "0.13.1", features = ["ws-client"] }
 tracing = "0.1.34"
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 url = "2.2.2"
 backoff = { version = "0.4.0", features = ["tokio"] }
diff --git a/polkadot-parachain/Cargo.toml b/polkadot-parachain/Cargo.toml
index 7743694d84..4b28815d5b 100644
--- a/polkadot-parachain/Cargo.toml
+++ b/polkadot-parachain/Cargo.toml
@@ -11,7 +11,7 @@ name = "polkadot-parachain"
 path = "src/main.rs"
 
 [dependencies]
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 clap = { version = "3.1", features = ["derive"] }
 codec = { package = "parity-scale-codec", version = "3.0.0" }
 futures = { version = "0.3.1", features = ["compat"] }
diff --git a/primitives/parachain-inherent/Cargo.toml b/primitives/parachain-inherent/Cargo.toml
index 486b763e9a..6a5663de2f 100644
--- a/primitives/parachain-inherent/Cargo.toml
+++ b/primitives/parachain-inherent/Cargo.toml
@@ -5,7 +5,7 @@ authors = ["Parity Technologies <admin@parity.io>"]
 edition = "2021"
 
 [dependencies]
-async-trait = { version = "0.1.53", optional = true }
+async-trait = { version = "0.1.54", optional = true }
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = [ "derive" ] }
 scale-info = { version = "2.1.1", default-features = false, features = ["derive"] }
 tracing = { version = "0.1.34", optional = true }
diff --git a/test/service/Cargo.toml b/test/service/Cargo.toml
index fd596a8dc8..e8cdc95cb4 100644
--- a/test/service/Cargo.toml
+++ b/test/service/Cargo.toml
@@ -9,7 +9,7 @@ name = "test-parachain"
 path = "src/main.rs"
 
 [dependencies]
-async-trait = "0.1.53"
+async-trait = "0.1.54"
 codec = { package = "parity-scale-codec", version = "3.0.0" }
 criterion = { version = "0.3.5", features = [ "async_tokio" ] }
 jsonrpsee = { version = "0.13.1", features = ["server"] }