diff --git a/Cargo.lock b/Cargo.lock
index cb831944..335309cc 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1199,9 +1199,9 @@ checksum = "58bc9567378fc7690d6b2addae4e60ac2eeea07becb2c64b9f218b53865cba2a"
 
 [[package]]
 name = "serde"
-version = "1.0.197"
+version = "1.0.203"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3fb1c873e1b9b056a4dc4c0c198b24c3ffa059243875552b2bd0933b1aee4ce2"
+checksum = "7253ab4de971e72fb7be983802300c30b5a7f0c2e56fab8abfc6a214307c0094"
 dependencies = [
  "serde_derive",
 ]
@@ -1226,9 +1226,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.197"
+version = "1.0.203"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7eb0b34b42edc17f6b7cac84a52a1c5f0e1bb2227e997ca9011ea3dd34e8610b"
+checksum = "500cbc0ebeb6f46627f50f3f5811ccf6bf00643be300b4c3eabc0ef55dc5b5ba"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/packages/bindings-test/Cargo.toml b/packages/bindings-test/Cargo.toml
index 157e2ce2..d4b308e4 100644
--- a/packages/bindings-test/Cargo.toml
+++ b/packages/bindings-test/Cargo.toml
@@ -10,7 +10,7 @@ publish = false
 cosmwasm-std = { version = "1.5.4", features = ["stargate"]}
 desmos-bindings = { path = "../bindings", version = "3.0.0" }
 test-contract = { path = "../../contracts/test-contract", version = "1.0.0" }
-serde = "1.0.197"
+serde = "1.0.203"
 serde_json = "1.0.116"
 base64 = "0.22.1"
 chrono = "0.4.38"
diff --git a/packages/bindings/Cargo.toml b/packages/bindings/Cargo.toml
index 48a105e4..85421952 100644
--- a/packages/bindings/Cargo.toml
+++ b/packages/bindings/Cargo.toml
@@ -24,7 +24,7 @@ all-features = true
 chrono = {version = "0.4.38", default-features = false}
 cosmwasm-std = { version = "1.5.4", features = ["stargate"]}
 cosmwasm-schema = "1.5.3"
-serde = { version = "1.0.197", default-features = false, features = ["derive"] }
+serde = { version = "1.0.203", default-features = false, features = ["derive"] }
 prost = {version = "0.12.3", default-features = false, features = ["prost-derive"]}
 prost-types = {version = "0.12.3", default-features = false}
 serde-cw-value = "0.7.0"
diff --git a/packages/std-derive/Cargo.toml b/packages/std-derive/Cargo.toml
index d7d90b98..4778dd38 100644
--- a/packages/std-derive/Cargo.toml
+++ b/packages/std-derive/Cargo.toml
@@ -19,6 +19,6 @@ syn = "2.0.52"
 [dev-dependencies]
 cosmwasm-std = {version = "1.5.4", features = ["stargate"]}
 prost = "0.12"
-serde = "1.0.197"
+serde = "1.0.203"
 trybuild = {version = "1.0.89", features = ["diff"]}
 desmos-mock = { version = "3.0.0", path = "../mock" }