diff --git a/Cargo.lock b/Cargo.lock
index 50b1e331..e6300115 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7897,18 +7897,18 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.188"
+version = "1.0.192"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf9e0fcba69a370eed61bcf2b728575f726b50b55cba78064753d708ddc7549e"
+checksum = "bca2a08484b285dcb282d0f67b26cadc0df8b19f8c12502c13d966bf9482f001"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.188"
+version = "1.0.192"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4eca7ac642d82aa35b60049a6eccb4be6be75e599bd2e9adb5f875a737654af2"
+checksum = "d6c7207fbec9faa48073f3e3074cbe553af6ea512d7c21ba46e434e70ea9fbc1"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 6d9201ee..1c083e61 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -64,7 +64,7 @@ serde_json = "1.0"
 codec = { package = "parity-scale-codec", version = "3.6.1", default-features = false, features = [
   "derive",
 ] }
-serde = { version = "1.0.163", default-features = false, features = [
+serde = { version = "1.0.192", default-features = false, features = [
   "derive",
   "alloc",
 ] }