diff --git a/Cargo.lock b/Cargo.lock
index 65cfa49bb7..5863e8c1f9 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -11886,9 +11886,9 @@ checksum = "360dfd1d6d30e05fda32ace2c8c70e9c0a9da713275777f5a4dbb8a1893930c6"
 
 [[package]]
 name = "tracing"
-version = "0.1.30"
+version = "0.1.31"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2d8d93354fe2a8e50d5953f5ae2e47a3fc2ef03292e7ea46e3cc38f549525fb9"
+checksum = "f6c650a8ef0cd2dd93736f033d21cbd1224c5a967aa0c258d00fcf7dafef9b9f"
 dependencies = [
  "cfg-if 1.0.0",
  "pin-project-lite 0.2.7",
diff --git a/client/consensus/aura/Cargo.toml b/client/consensus/aura/Cargo.toml
index 445b42635e..1ad5f6fea1 100644
--- a/client/consensus/aura/Cargo.toml
+++ b/client/consensus/aura/Cargo.toml
@@ -31,5 +31,5 @@ cumulus-primitives-core = { path = "../../../primitives/core" }
 # Other deps
 futures = { version = "0.3.8", features = ["compat"] }
 codec = { package = "parity-scale-codec", version = "2.3.0", features = [ "derive" ] }
-tracing = "0.1.22"
+tracing = "0.1.31"
 async-trait = "0.1.42"
diff --git a/client/consensus/common/Cargo.toml b/client/consensus/common/Cargo.toml
index 379f73740f..4a8e33c7e9 100644
--- a/client/consensus/common/Cargo.toml
+++ b/client/consensus/common/Cargo.toml
@@ -24,7 +24,7 @@ cumulus-relay-chain-interface = { path = "../../relay-chain-interface" }
 # Other deps
 futures = { version = "0.3.8", features = ["compat"] }
 codec = { package = "parity-scale-codec", version = "2.3.0", features = [ "derive" ] }
-tracing = "0.1.25"
+tracing = "0.1.31"
 async-trait = "0.1.52"
 dyn-clone = "1.0.4"
 
diff --git a/client/consensus/relay-chain/Cargo.toml b/client/consensus/relay-chain/Cargo.toml
index 6c1c2a2b36..0e8cf0c2a2 100644
--- a/client/consensus/relay-chain/Cargo.toml
+++ b/client/consensus/relay-chain/Cargo.toml
@@ -27,6 +27,6 @@ cumulus-relay-chain-interface = { path = "../../relay-chain-interface" }
 
 # Other deps
 futures = { version = "0.3.8", features = ["compat"] }
-tracing = "0.1.22"
+tracing = "0.1.31"
 async-trait = "0.1.42"
 parking_lot = "0.12.0"
diff --git a/client/network/Cargo.toml b/client/network/Cargo.toml
index 36dcc0b394..48bc42a7ba 100644
--- a/client/network/Cargo.toml
+++ b/client/network/Cargo.toml
@@ -26,7 +26,7 @@ cumulus-relay-chain-interface = { path = "../relay-chain-interface" }
 codec = { package = "parity-scale-codec", version = "2.3.0", features = [ "derive" ] }
 futures = { version = "0.3.1", features = ["compat"] }
 futures-timer = "3.0.2"
-tracing = "0.1.22"
+tracing = "0.1.31"
 parking_lot = "0.12.0"
 derive_more = "0.99.2"
 async-trait = "0.1.52"
diff --git a/client/pov-recovery/Cargo.toml b/client/pov-recovery/Cargo.toml
index 436b8066f0..8239d7860f 100644
--- a/client/pov-recovery/Cargo.toml
+++ b/client/pov-recovery/Cargo.toml
@@ -28,7 +28,7 @@ cumulus-relay-chain-interface = {path = "../relay-chain-interface"}
 codec = { package = "parity-scale-codec", version = "2.3.0", features = [ "derive" ] }
 futures = { version = "0.3.1", features = ["compat"] }
 futures-timer = "3.0.2"
-tracing = "0.1.22"
+tracing = "0.1.31"
 rand = "0.8.5"
 
 [dev-dependencies]
diff --git a/client/relay-chain-local/Cargo.toml b/client/relay-chain-local/Cargo.toml
index b33f026227..d99e6f99d8 100644
--- a/client/relay-chain-local/Cargo.toml
+++ b/client/relay-chain-local/Cargo.toml
@@ -26,7 +26,7 @@ sc-telemetry = { git = "https://github.com/paritytech/substrate", branch = "mast
 sc-tracing = { git = "https://github.com/paritytech/substrate", branch = "master" }
 
 parking_lot = "0.12.0"
-tracing = "0.1.25"
+tracing = "0.1.31"
 async-trait = "0.1.52"
 futures = { version = "0.3.1", features = ["compat"] }
 futures-timer = "3.0.2"
diff --git a/client/service/Cargo.toml b/client/service/Cargo.toml
index b5bbd513fc..99eb33f8d4 100644
--- a/client/service/Cargo.toml
+++ b/client/service/Cargo.toml
@@ -31,6 +31,6 @@ polkadot-primitives = { git = "https://github.com/paritytech/polkadot", branch =
 polkadot-overseer = { git = "https://github.com/paritytech/polkadot", branch = "master" }
 
 # Other deps
-tracing = "0.1.22"
+tracing = "0.1.31"
 codec = { package = "parity-scale-codec", version = "2.3.0" }
 parking_lot = "0.12.0"
diff --git a/primitives/parachain-inherent/Cargo.toml b/primitives/parachain-inherent/Cargo.toml
index faca11a915..b4a85b5699 100644
--- a/primitives/parachain-inherent/Cargo.toml
+++ b/primitives/parachain-inherent/Cargo.toml
@@ -25,7 +25,7 @@ cumulus-relay-chain-interface = { path = "../../client/relay-chain-interface", o
 async-trait = { version = "0.1.42", optional = true }
 codec = { package = "parity-scale-codec", version = "2.3.0", default-features = false, features = [ "derive" ] }
 scale-info = { version = "1.0.0", default-features = false, features = ["derive"] }
-tracing = { version = "0.1.22", optional = true }
+tracing = { version = "0.1.31", optional = true }
 
 [features]
 default = [ "std" ]