diff --git a/Cargo.lock b/Cargo.lock
index c43d01e..9752743 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2078,18 +2078,18 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.188"
+version = "1.0.193"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf9e0fcba69a370eed61bcf2b728575f726b50b55cba78064753d708ddc7549e"
+checksum = "25dd9975e68d0cb5aa1120c288333fc98731bd1dd12f561e468ea4728c042b89"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.188"
+version = "1.0.193"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4eca7ac642d82aa35b60049a6eccb4be6be75e599bd2e9adb5f875a737654af2"
+checksum = "43576ca501357b9b071ac53cdc7da8ef0cbd9493d8df094cd821777ea6e894d3"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 40164e9..1598a7f 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -7,7 +7,7 @@ description = "Reward citizens who participated in a crowdloan to acquire a para
 
 [dependencies]
 parity-scale-codec = { version = "3.6.5", default-features = false}
-serde = { version = "1.0.101", optional = true, features = ["derive"], default-features = false }
+serde = { version = "1.0.193", optional = true, features = ["derive"], default-features = false }
 log = { version = "0.4.20", default-features = false }
 scale-info = { version = "2.9.0", default-features = false, features = ["derive"] }