diff --git a/cumulus/Cargo.lock b/cumulus/Cargo.lock
index cb9e199003..d44670fa56 100644
--- a/cumulus/Cargo.lock
+++ b/cumulus/Cargo.lock
@@ -11781,9 +11781,9 @@ dependencies = [
 
 [[package]]
 name = "socket2"
-version = "0.4.4"
+version = "0.4.9"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "66d72b759436ae32898a2af0a14218dbf55efde3feeb170eb623637db85ee1e0"
+checksum = "64a4a911eed85daf18834cfaa86a79b7d266ff93ff5ba14005426219480ed662"
 dependencies = [
  "libc",
  "winapi",
@@ -13257,14 +13257,13 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.26.0"
+version = "1.27.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "03201d01c3c27a29c8a5cee5b55a93ddae1ccf6f08f65365c2c918f8c1b76f64"
+checksum = "d0de47a4eecbe11f498978a9b29d792f0d2692d1dd003650c24c76510e3bc001"
 dependencies = [
  "autocfg",
  "bytes",
  "libc",
- "memchr",
  "mio",
  "num_cpus",
  "parking_lot 0.12.1",
@@ -13277,13 +13276,13 @@ dependencies = [
 
 [[package]]
 name = "tokio-macros"
-version = "1.7.0"
+version = "2.0.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b557f72f448c511a979e2564e55d74e6c4432fc96ff4f6241bc6bded342643b7"
+checksum = "61a573bdc87985e9d6ddeed1b3d864e8a302c847e40d647746df2f1de209d1ce"
 dependencies = [
  "proc-macro2",
  "quote",
- "syn 1.0.109",
+ "syn 2.0.11",
 ]
 
 [[package]]
diff --git a/cumulus/client/network/Cargo.toml b/cumulus/client/network/Cargo.toml
index 130ab98b75..c6578d546f 100644
--- a/cumulus/client/network/Cargo.toml
+++ b/cumulus/client/network/Cargo.toml
@@ -31,7 +31,7 @@ cumulus-relay-chain-interface = { path = "../relay-chain-interface" }
 
 [dev-dependencies]
 portpicker = "0.1.1"
-tokio = { version = "1.26.0", features = ["macros"] }
+tokio = { version = "1.27.0", features = ["macros"] }
 url = "2.3.1"
 
 # Substrate
diff --git a/cumulus/client/pov-recovery/Cargo.toml b/cumulus/client/pov-recovery/Cargo.toml
index 5ab23ec779..6899097593 100644
--- a/cumulus/client/pov-recovery/Cargo.toml
+++ b/cumulus/client/pov-recovery/Cargo.toml
@@ -31,7 +31,7 @@ cumulus-relay-chain-interface = {path = "../relay-chain-interface"}
 async-trait = "0.1.68"
 
 [dev-dependencies]
-tokio = { version = "1.26.0", features = ["macros"] }
+tokio = { version = "1.27.0", features = ["macros"] }
 portpicker = "0.1.1"
 
 # Cumulus
diff --git a/cumulus/client/relay-chain-minimal-node/Cargo.toml b/cumulus/client/relay-chain-minimal-node/Cargo.toml
index 11918a4c95..f5d462ba82 100644
--- a/cumulus/client/relay-chain-minimal-node/Cargo.toml
+++ b/cumulus/client/relay-chain-minimal-node/Cargo.toml
@@ -38,4 +38,4 @@ lru = "0.9"
 tracing = "0.1.37"
 async-trait = "0.1.68"
 futures = "0.3.27"
-tokio = { version = "1.26.0", features = ["macros"] }
+tokio = { version = "1.27.0", features = ["macros"] }
diff --git a/cumulus/client/relay-chain-rpc-interface/Cargo.toml b/cumulus/client/relay-chain-rpc-interface/Cargo.toml
index 34458a4510..904426da4a 100644
--- a/cumulus/client/relay-chain-rpc-interface/Cargo.toml
+++ b/cumulus/client/relay-chain-rpc-interface/Cargo.toml
@@ -21,7 +21,7 @@ sc-client-api = { git = "https://github.com/paritytech/substrate", branch = "mas
 sc-rpc-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
 sc-service = { git = "https://github.com/paritytech/substrate", branch = "master" }
 
-tokio = { version = "1.26.0", features = ["sync"] }
+tokio = { version = "1.27.0", features = ["sync"] }
 
 futures = "0.3.27"
 futures-timer = "3.0.2"
diff --git a/cumulus/polkadot-parachain/Cargo.toml b/cumulus/polkadot-parachain/Cargo.toml
index b285df93d7..c273c2e9ac 100644
--- a/cumulus/polkadot-parachain/Cargo.toml
+++ b/cumulus/polkadot-parachain/Cargo.toml
@@ -95,7 +95,7 @@ substrate-build-script-utils = { git = "https://github.com/paritytech/substrate"
 assert_cmd = "2.0"
 nix = { version = "0.26.1", features = ["signal"] }
 tempfile = "3.5.0"
-tokio = { version = "1.26.0", features = ["macros", "time", "parking_lot"] }
+tokio = { version = "1.27.0", features = ["macros", "time", "parking_lot"] }
 wait-timeout = "0.2"
 # purge_chain_works works with rococo-local and needs to allow this
 polkadot-cli = { git = "https://github.com/paritytech/polkadot", branch = "master", features = ["rococo-native"] }
diff --git a/cumulus/test/service/Cargo.toml b/cumulus/test/service/Cargo.toml
index ff88ae5b84..f7efd1d0d4 100644
--- a/cumulus/test/service/Cargo.toml
+++ b/cumulus/test/service/Cargo.toml
@@ -16,7 +16,7 @@ criterion = { version = "0.4.0", features = [ "async_tokio" ] }
 jsonrpsee = { version = "0.16.2", features = ["server"] }
 rand = "0.8.5"
 serde = { version = "1.0.159", features = ["derive"] }
-tokio = { version = "1.26.0", features = ["macros"] }
+tokio = { version = "1.27.0", features = ["macros"] }
 tracing = "0.1.37"
 url = "2.3.1"