diff --git a/Cargo.lock b/Cargo.lock
index e63cb3715..5112b4c4d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3225,18 +3225,18 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.149"
+version = "1.0.150"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "256b9932320c590e707b94576e3cc1f7c9024d0ee6612dfbcf1cb106cbe8e055"
+checksum = "e326c9ec8042f1b5da33252c8a37e9ffbd2c9bef0155215b6e6c80c790e05f91"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.149"
+version = "1.0.150"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b4eae9b04cbffdfd550eb462ed33bc6a1b68c935127d008b27444d08380f94e4"
+checksum = "42a3df25b0713732468deadad63ab9da1f1fd75a48a15024b50363f128db627e"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/crates/cargo-contract/Cargo.toml b/crates/cargo-contract/Cargo.toml
index 4cc0c7b3d..3676ba669 100644
--- a/crates/cargo-contract/Cargo.toml
+++ b/crates/cargo-contract/Cargo.toml
@@ -29,7 +29,7 @@ tracing-subscriber = { version = "0.3.16", features = ["env-filter"] }
 scale = { package = "parity-scale-codec", version = "3.0.0", features = ["derive"] }
 which = "4.3.0"
 colored = "2.0.0"
-serde = { version = "1.0.149", default-features = false, features = ["derive"] }
+serde = { version = "1.0.150", default-features = false, features = ["derive"] }
 serde_json = "1.0.89"
 url = { version = "2.3.1", features = ["serde"] }
 rust_decimal = "1.27"
diff --git a/crates/transcode/Cargo.toml b/crates/transcode/Cargo.toml
index 3d707a8dd..7335c54a6 100644
--- a/crates/transcode/Cargo.toml
+++ b/crates/transcode/Cargo.toml
@@ -30,7 +30,7 @@ nom = "7.1.1"
 nom-supreme = { version = "0.7.0", features = ["error"] }
 scale = { package = "parity-scale-codec", version = "3.0.0", features = ["derive"] }
 scale-info = { version = "2.3.1", default-features = false, features = ["derive"] }
-serde = { version = "1.0.149", default-features = false, features = ["derive"] }
+serde = { version = "1.0.150", default-features = false, features = ["derive"] }
 serde_json = "1.0.89"
 sp-core = "7.0.0"
 sp-runtime = "7.0.0"