diff --git a/Cargo.lock b/Cargo.lock
index 8722a7a4942..6cc893ae858 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5845,9 +5845,9 @@ checksum = "1f3ccbac311fea05f86f61904b462b55fb3df8837a366dfc601a0161d0532f20"
 
 [[package]]
 name = "tokio"
-version = "1.35.0"
+version = "1.35.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "841d45b238a16291a4e1584e61820b8ae57d696cc5015c459c229ccc6990cc1c"
+checksum = "c89b4efa943be685f629b149f53829423f8f5531ea21249408e8e2f8671ec104"
 dependencies = [
  "backtrace",
  "bytes",
diff --git a/examples/ping/Cargo.toml b/examples/ping/Cargo.toml
index 128d33d26f4..7a30424f495 100644
--- a/examples/ping/Cargo.toml
+++ b/examples/ping/Cargo.toml
@@ -11,7 +11,7 @@ release = false
 [dependencies]
 futures = "0.3.29"
 libp2p = { path = "../../libp2p", features = ["noise", "ping", "tcp", "tokio", "yamux"] }
-tokio = { version = "1.35.0", features = ["full"] }
+tokio = { version = "1.35.1", features = ["full"] }
 tracing = "0.1.37"
 tracing-subscriber = { version = "0.3", features = ["env-filter"] }
 
diff --git a/hole-punching-tests/Cargo.toml b/hole-punching-tests/Cargo.toml
index e080b76a0d7..a3a5658e738 100644
--- a/hole-punching-tests/Cargo.toml
+++ b/hole-punching-tests/Cargo.toml
@@ -12,7 +12,7 @@ futures = "0.3.29"
 libp2p = { path = "../libp2p", features = ["tokio", "dcutr", "identify", "macros", "noise", "ping", "relay", "tcp", "yamux", "quic"] }
 tracing = "0.1.37"
 redis = { version = "0.23.0", default-features = false, features = ["tokio-comp"] }
-tokio = { version = "1.35.0", features = ["full"] }
+tokio = { version = "1.35.1", features = ["full"] }
 serde = { version = "1.0.193", features = ["derive"] }
 serde_json = "1.0.108"
 either = "1.9.0"
diff --git a/interop-tests/Cargo.toml b/interop-tests/Cargo.toml
index cf9c655ce72..cf69ed17556 100644
--- a/interop-tests/Cargo.toml
+++ b/interop-tests/Cargo.toml
@@ -34,7 +34,7 @@ redis = { version = "0.23.3", default-features = false, features = [
 rust-embed = "8.1"
 serde_json = "1"
 thirtyfour = "=0.32.0-rc.8" # https://github.com/stevepryde/thirtyfour/issues/169
-tokio = { version = "1.35.0", features = ["full"] }
+tokio = { version = "1.35.1", features = ["full"] }
 tower-http = { version = "0.5", features = ["cors", "fs", "trace"] }
 tracing = "0.1.37"
 tracing-subscriber = { version = "0.3", features = ["env-filter"] }
diff --git a/misc/futures-bounded/Cargo.toml b/misc/futures-bounded/Cargo.toml
index 0d54409e846..c3a7c75186e 100644
--- a/misc/futures-bounded/Cargo.toml
+++ b/misc/futures-bounded/Cargo.toml
@@ -17,7 +17,7 @@ futures-util = { version = "0.3.30" }
 futures-timer = "3.0.2"
 
 [dev-dependencies]
-tokio = { version = "1.35.0", features = ["macros", "rt", "sync"] }
+tokio = { version = "1.35.1", features = ["macros", "rt", "sync"] }
 futures = "0.3.28"
 
 [lints]
diff --git a/swarm/Cargo.toml b/swarm/Cargo.toml
index 0e87f30979d..28134a809c8 100644
--- a/swarm/Cargo.toml
+++ b/swarm/Cargo.toml
@@ -54,7 +54,7 @@ quickcheck = { workspace = true }
 void = "1"
 once_cell = "1.19.0"
 trybuild = "1.0.85"
-tokio = { version = "1.35.0", features = ["time", "rt", "macros", "rt-multi-thread"] }
+tokio = { version = "1.35.1", features = ["time", "rt", "macros", "rt-multi-thread"] }
 tracing-subscriber = { version = "0.3", features = ["env-filter"] }
 
 [[test]]
diff --git a/transports/pnet/Cargo.toml b/transports/pnet/Cargo.toml
index f598e876c09..06164a46ff9 100644
--- a/transports/pnet/Cargo.toml
+++ b/transports/pnet/Cargo.toml
@@ -27,7 +27,7 @@ libp2p-tcp = { workspace = true, features = ["tokio"] }
 libp2p-websocket = { workspace = true }
 libp2p-yamux = { workspace = true }
 quickcheck = { workspace = true }
-tokio = { version = "1.35.0", features = ["full"] }
+tokio = { version = "1.35.1", features = ["full"] }
 
 # Passing arguments to the docsrs builder in order to properly document cfg's. 
 # More information: https://docs.rs/about/builds#cross-compiling
diff --git a/transports/quic/Cargo.toml b/transports/quic/Cargo.toml
index 80e6e78905e..0ce55486700 100644
--- a/transports/quic/Cargo.toml
+++ b/transports/quic/Cargo.toml
@@ -22,7 +22,7 @@ quinn = { version = "0.10.2", default-features = false, features = ["tls-rustls"
 rand = "0.8.5"
 rustls = { version = "0.21.9", default-features = false }
 thiserror = "1.0.51"
-tokio = { version = "1.35.0", default-features = false, features = ["net", "rt", "time"], optional = true }
+tokio = { version = "1.35.1", default-features = false, features = ["net", "rt", "time"], optional = true }
 tracing = "0.1.37"
 socket2 = "0.5.5"
 ring = "0.16.20"
@@ -46,7 +46,7 @@ libp2p-noise = { workspace = true }
 libp2p-tcp = { workspace = true, features = ["async-io"] }
 libp2p-yamux = { workspace = true }
 quickcheck = "1"
-tokio = { version = "1.35.0", features = ["macros", "rt-multi-thread", "time"] }
+tokio = { version = "1.35.1", features = ["macros", "rt-multi-thread", "time"] }
 tracing-subscriber = { version = "0.3", features = ["env-filter"] }
 
 [[test]]
diff --git a/transports/tcp/Cargo.toml b/transports/tcp/Cargo.toml
index ae43c2cba1b..4bcc650f091 100644
--- a/transports/tcp/Cargo.toml
+++ b/transports/tcp/Cargo.toml
@@ -19,7 +19,7 @@ libc = "0.2.151"
 libp2p-core = { workspace = true }
 libp2p-identity = { workspace = true }
 socket2 = { version = "0.5.5", features = ["all"] }
-tokio = { version = "1.35.0", default-features = false, features = ["net"], optional = true }
+tokio = { version = "1.35.1", default-features = false, features = ["net"], optional = true }
 tracing = "0.1.37"
 
 [features]
@@ -29,7 +29,7 @@ async-io = ["dep:async-io", "if-watch/smol"]
 [dev-dependencies]
 async-std = { version = "1.6.5", features = ["attributes"] }
 libp2p-identity = { workspace = true, features = ["rand"] }
-tokio = { version = "1.35.0", default-features = false, features = ["full"] }
+tokio = { version = "1.35.1", default-features = false, features = ["full"] }
 tracing-subscriber = { version = "0.3", features = ["env-filter"] }
 
 # Passing arguments to the docsrs builder in order to properly document cfg's.
diff --git a/transports/tls/Cargo.toml b/transports/tls/Cargo.toml
index de1602d0c47..25c660657b7 100644
--- a/transports/tls/Cargo.toml
+++ b/transports/tls/Cargo.toml
@@ -33,7 +33,7 @@ libp2p-core = { workspace = true }
 libp2p-identity = { workspace = true, features = ["ed25519", "rsa", "secp256k1", "ecdsa", "rand"] }
 libp2p-swarm = { workspace = true, features = ["tokio"] }
 libp2p-yamux = { workspace = true }
-tokio = { version = "1.35.0", features = ["full"] }
+tokio = { version = "1.35.1", features = ["full"] }
 
 # Passing arguments to the docsrs builder in order to properly document cfg's.
 # More information: https://docs.rs/about/builds#cross-compiling