diff --git a/cosmwasm/Cargo.lock b/cosmwasm/Cargo.lock
index ce9d09505..890296f98 100644
--- a/cosmwasm/Cargo.lock
+++ b/cosmwasm/Cargo.lock
@@ -545,9 +545,9 @@ checksum = "0486718e92ec9a68fbed73bb5ef687d71103b142595b406835649bebd33f72c7"
 
 [[package]]
 name = "serde"
-version = "1.0.186"
+version = "1.0.188"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9f5db24220c009de9bd45e69fb2938f4b6d2df856aa9304ce377b3180f83b7c1"
+checksum = "cf9e0fcba69a370eed61bcf2b728575f726b50b55cba78064753d708ddc7549e"
 dependencies = [
  "serde_derive",
 ]
@@ -563,9 +563,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.186"
+version = "1.0.188"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5ad697f7e0b65af4983a4ce8f56ed5b357e8d3c36651bf6a7e13639c17b8e670"
+checksum = "4eca7ac642d82aa35b60049a6eccb4be6be75e599bd2e9adb5f875a737654af2"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/cosmwasm/packages/sgx-vm/Cargo.toml b/cosmwasm/packages/sgx-vm/Cargo.toml
index 2134407fc..7ee98dc5b 100644
--- a/cosmwasm/packages/sgx-vm/Cargo.toml
+++ b/cosmwasm/packages/sgx-vm/Cargo.toml
@@ -44,7 +44,7 @@ serde_json = "1.0"
 # wasmer-middleware-common = "=0.17.0"
 # wasmer-clif-backend = { version = "=0.17.0", optional = true }
 # wasmer-singlepass-backend = { version = "=0.17.0", optional = true }
-serde = { version = "1.0.186", default-features = false, features = [
+serde = { version = "1.0.188", default-features = false, features = [
     "derive",
     "alloc"
 ] }