diff --git a/package.json b/package.json
index 15c53a1..54099d0 100644
--- a/package.json
+++ b/package.json
@@ -51,7 +51,7 @@
     "@txnlab/use-wallet": "2.1.0",
     "@vkruglikov/react-telegram-web-app": "1.11.0",
     "algosdk": "2.4.0",
-    "axios": "1.4.0",
+    "axios": "1.6.3",
     "axios-retry": "3.5.1",
     "next": "13.4.13",
     "next-pwa": "5.6.0",
diff --git a/yarn.lock b/yarn.lock
index 47b31c2..fd77fc7 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3302,10 +3302,10 @@ axios-retry@3.5.1:
     "@babel/runtime" "^7.15.4"
     is-retry-allowed "^2.2.0"
 
-axios@1.4.0:
-  version "1.4.0"
-  resolved "https://registry.yarnpkg.com/axios/-/axios-1.4.0.tgz#38a7bf1224cd308de271146038b551d725f0be1f"
-  integrity sha512-S4XCWMEmzvo64T9GfvQDOXgYRDJ/wsSZc7Jvdgx5u1sd0JwsuPLqb3SYmusag+edF6ziyMensPVqLTSc1PiSEA==
+axios@1.6.3:
+  version "1.6.3"
+  resolved "https://registry.yarnpkg.com/axios/-/axios-1.6.3.tgz#7f50f23b3aa246eff43c54834272346c396613f4"
+  integrity sha512-fWyNdeawGam70jXSVlKl+SUNVcL6j6W79CuSIPfi6HnDUmSCH6gyUys/HrqHeA/wU0Az41rRgean494d0Jb+ww==
   dependencies:
     follow-redirects "^1.15.0"
     form-data "^4.0.0"