diff --git a/Cargo.lock b/Cargo.lock
index 8e3ff6b..af1536f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -667,9 +667,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.158"
+version = "1.0.163"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "771d4d9c4163ee138805e12c710dd365e4f44be8be0503cb1bb9eb989425d9c9"
+checksum = "2113ab51b87a539ae008b5c6c02dc020ffa39afd2d83cffcb3f4eb2722cebec2"
 dependencies = [
  "serde_derive",
 ]
@@ -685,9 +685,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.158"
+version = "1.0.163"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e801c1712f48475582b7696ac71e0ca34ebb30e09338425384269d9717c62cad"
+checksum = "8c805777e3930c8883389c602315a24224bcc738b63905ef87cd1420353ea93e"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index e643500..6c49277 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -45,7 +45,7 @@ secret-toolkit-crypto = { git = "https://github.com/scrtlabs/secret-toolkit", fe
 ], rev = "9b74bdac71c2fedcc12246f18cdfdd94b8991282" }
 
 schemars = "0.8.12"
-serde = { version = "1.0.158", default-features = false, features = ["derive"] }
+serde = { version = "1.0.163", default-features = false, features = ["derive"] }
 base64 = "0.21.0"
 
 [dev-dependencies]