diff --git a/.snyk b/.snyk
new file mode 100644
index 000000000..c5e54094e
--- /dev/null
+++ b/.snyk
@@ -0,0 +1,25 @@
+# Snyk (https://snyk.io) policy file, patches or ignores known vulnerabilities.
+version: v1.25.0
+# ignores vulnerabilities until expiry date; change duration by modifying expiry date
+ignore:
+  SNYK-JS-OPENZEPPELINCONTRACTS-2958047:
+    - '*':
+        reason: None Given
+        expires: 2099-01-01T00:00:00.000Z
+        created: 2022-12-07T23:47:46.280Z
+  SNYK-JS-OPENZEPPELINCONTRACTS-2958050:
+    - '*':
+        reason: None Given
+        expires: 2099-01-01T00:00:00.000Z
+        created: 2022-12-07T23:48:10.255Z
+  SNYK-JS-OPENZEPPELINCONTRACTS-2964946:
+    - '*':
+        reason: None Given
+        expires: 2099-01-01T00:00:00.000Z
+        created: 2022-12-07T23:48:14.114Z
+  SNYK-JS-OPENZEPPELINCONTRACTS-2965580:
+    - '*':
+        reason: None Given
+        expires: 2099-01-01T00:00:00.000Z
+        created: 2022-12-07T23:47:49.622Z
+patch: {}
diff --git a/package.json b/package.json
index b1c51f363..85bfec887 100644
--- a/package.json
+++ b/package.json
@@ -70,7 +70,7 @@
     "@uniswap/sdk-core": "^3.0.1",
     "@uniswap/smart-order-router": "^2.10.0",
     "@uniswap/token-lists": "^1.0.0-beta.30",
-    "@uniswap/universal-router-sdk": "^1.2.1",
+    "@uniswap/universal-router-sdk": "^1.2.3",
     "@uniswap/v2-sdk": "^3.0.1",
     "@uniswap/v3-sdk": "^3.8.2",
     "@web3-react/core": "8.0.35-beta.0",
diff --git a/yarn.lock b/yarn.lock
index cd7fa4e17..daf505cbe 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2428,6 +2428,11 @@
   resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-3.4.2-solc-0.7.tgz#38f4dbab672631034076ccdf2f3201fab1726635"
   integrity sha512-W6QmqgkADuFcTLzHL8vVoNBtkwjvQRpYIAom7KiUNoLKghyx3FgH0GBjt8NRvigV1ZmMOBllvE1By1C+bi8WpA==
 
+"@openzeppelin/contracts@4.7.0":
+  version "4.7.0"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.7.0.tgz#3092d70ea60e3d1835466266b1d68ad47035a2d5"
+  integrity sha512-52Qb+A1DdOss8QvJrijYYPSf32GUg2pGaG/yCxtaA3cu4jduouTdg4XZSMLW9op54m1jH7J8hoajhHKOPsoJFw==
+
 "@pedrouid/environment@^1.0.1":
   version "1.0.1"
   resolved "https://registry.yarnpkg.com/@pedrouid/environment/-/environment-1.0.1.tgz#858f0f8a057340e0b250398b75ead77d6f4342ec"
@@ -3592,24 +3597,28 @@
   resolved "https://registry.yarnpkg.com/@uniswap/token-lists/-/token-lists-1.0.0-beta.30.tgz#2103ca23b8007c59ec71718d34cdc97861c409e5"
   integrity sha512-HwY2VvkQ8lNR6ks5NqQfAtg+4IZqz3KV1T8d2DlI8emIn9uMmaoFbIOg0nzjqAVKKnZSbMTRRtUoAh6mmjRvog==
 
-"@uniswap/universal-router-sdk@^1.2.1":
-  version "1.2.1"
-  resolved "https://registry.yarnpkg.com/@uniswap/universal-router-sdk/-/universal-router-sdk-1.2.1.tgz#6ebd2830cf5abc4e132df4458e92bb33c171b604"
-  integrity sha512-NntAR9owpWy0zlDpaOiMqGHR+UK50R9pIOQBa8TwRL4cRdQpXTs9/hjynTMZYDri/fYiW/+111hv4BPwvh7RFQ==
+"@uniswap/universal-router-sdk@^1.2.3":
+  version "1.2.3"
+  resolved "https://registry.yarnpkg.com/@uniswap/universal-router-sdk/-/universal-router-sdk-1.2.3.tgz#5df1c9cd9b36b271c6760c4e5258f5bedb6bb9a7"
+  integrity sha512-rb7ZYLKbV8xGHBHaA9hPDlRX4JWdhsAPgj7SCZUk+XQ6M7UvLhx2SapUoVzup+ylh8W66u6QqCuVoLruNboXHg==
   dependencies:
     "@uniswap/permit2-sdk" "^1.2.0"
     "@uniswap/router-sdk" "^1.4.0"
     "@uniswap/sdk-core" "^3.1.0"
-    "@uniswap/universal-router" "1.1.1"
+    "@uniswap/universal-router" "1.2.1"
     "@uniswap/v2-sdk" "^3.0.1"
     "@uniswap/v3-sdk" "^3.9.0"
     bignumber.js "^9.0.2"
     ethers "^5.3.1"
 
-"@uniswap/universal-router@1.1.1":
-  version "1.1.1"
-  resolved "https://registry.yarnpkg.com/@uniswap/universal-router/-/universal-router-1.1.1.tgz#9d197e20fe830aaccca468a1d7b178a6c4c30e26"
-  integrity sha512-bDdFuzKiuvatCH5RENEEQuS7IhD2TjAS6TEFtWGCF+uOTf23TJCQA0pA9PuPyN2qMPNsNNcQlHVdcyIUD+IkWg==
+"@uniswap/universal-router@1.2.1":
+  version "1.2.1"
+  resolved "https://registry.yarnpkg.com/@uniswap/universal-router/-/universal-router-1.2.1.tgz#5fe4aa21d6bc89314d99f26407f28154f8e16f42"
+  integrity sha512-F3S1wKylncuvIG2qwC1ciXXc1z1QmKsalo4p6H2A90LSRylEEhNp7ITxs7qCcnfRh+ZNkGJ0yQ0zmuVJSBezOQ==
+  dependencies:
+    "@openzeppelin/contracts" "4.7.0"
+    "@uniswap/v2-core" "1.0.1"
+    "@uniswap/v3-core" "1.0.0"
 
 "@uniswap/v2-core@1.0.0":
   version "1.0.0"