diff --git a/Cargo.lock b/Cargo.lock
index 2aa830da03b..c3530cdcb7e 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5348,18 +5348,18 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.199"
+version = "1.0.201"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0c9f6e76df036c77cd94996771fb40db98187f096dd0b9af39c6c6e452ba966a"
+checksum = "780f1cebed1629e4753a1a38a3c72d30b97ec044f0aef68cb26650a3c5cf363c"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.199"
+version = "1.0.201"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "11bd257a6541e141e42ca6d24ae26f7714887b47e89aa739099104c7e4d3b7fc"
+checksum = "c5e405930b9796f1c00bee880d03fc7e0bb4b9a11afc776885ffe84320da2865"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/hole-punching-tests/Cargo.toml b/hole-punching-tests/Cargo.toml
index b38c54fb586..5f93c158b98 100644
--- a/hole-punching-tests/Cargo.toml
+++ b/hole-punching-tests/Cargo.toml
@@ -13,6 +13,6 @@ libp2p = { path = "../libp2p", features = ["tokio", "dcutr", "identify", "macros
 tracing = { workspace = true }
 redis = { version = "0.23.0", default-features = false, features = ["tokio-comp"] }
 tokio = { workspace = true, features = ["full"] }
-serde = { version = "1.0.199", features = ["derive"] }
+serde = { version = "1.0.201", features = ["derive"] }
 serde_json = "1.0.116"
 either = "1.11.0"
diff --git a/misc/keygen/Cargo.toml b/misc/keygen/Cargo.toml
index d7de2725b0c..93639e309ce 100644
--- a/misc/keygen/Cargo.toml
+++ b/misc/keygen/Cargo.toml
@@ -15,7 +15,7 @@ release = false
 [dependencies]
 clap = { version = "4.5.4", features = ["derive"] }
 zeroize = "1"
-serde = { version = "1.0.199", features = ["derive"] }
+serde = { version = "1.0.201", features = ["derive"] }
 serde_json = "1.0.116"
 libp2p-core = { workspace = true }
 base64 = "0.22.1"
diff --git a/misc/server/Cargo.toml b/misc/server/Cargo.toml
index 59b71e5759d..3fb69fdf20f 100644
--- a/misc/server/Cargo.toml
+++ b/misc/server/Cargo.toml
@@ -18,7 +18,7 @@ futures-timer = "3"
 axum = "0.7"
 libp2p = { workspace = true, features = ["autonat", "dns", "tokio", "noise", "tcp", "yamux", "identify", "kad", "ping", "relay", "metrics", "rsa", "macros", "quic", "websocket"] }
 prometheus-client = { workspace = true }
-serde = "1.0.199"
+serde = "1.0.201"
 serde_derive = "1.0.125"
 serde_json = "1.0"
 tokio = { workspace = true, features = ["rt-multi-thread", "macros"] }