diff --git a/Cargo.lock b/Cargo.lock
index ef503c9755..e438513aef 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4010,9 +4010,9 @@ checksum = "cd0b0ec5f1c1ca621c432a25813d8d60c88abe6d3e08a3eb9cf37d97a0fe3d73"
 
 [[package]]
 name = "serde"
-version = "1.0.202"
+version = "1.0.203"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "226b61a0d411b2ba5ff6d7f73a476ac4f8bb900373459cd00fab8512828ba395"
+checksum = "7253ab4de971e72fb7be983802300c30b5a7f0c2e56fab8abfc6a214307c0094"
 dependencies = [
  "serde_derive",
 ]
@@ -4028,9 +4028,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.202"
+version = "1.0.203"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6048858004bcff69094cd972ed40a32500f153bd3be9f716b2eed2e8217c4838"
+checksum = "500cbc0ebeb6f46627f50f3f5811ccf6bf00643be300b4c3eabc0ef55dc5b5ba"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 47e054a3e4..e7ce8c4e7a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -96,7 +96,7 @@ scale-decode = { version = "0.13.0", default-features = false }
 scale-encode = { version = "0.7.0", default-features = false }
 scale-typegen = "0.7.0"
 scale-typegen-description = "0.7.0"
-serde = { version = "1.0.202", default-features = false, features = ["derive"] }
+serde = { version = "1.0.203", default-features = false, features = ["derive"] }
 serde_json = { version = "1.0.117", default-features = false }
 syn = { version = "2.0.15", features = ["full", "extra-traits"] }
 thiserror = "1.0.61"