diff --git a/Cargo.lock b/Cargo.lock
index 8d300918ed8..a695d007fd3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -14433,9 +14433,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.29.0"
+version = "1.29.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "374442f06ee49c3a28a8fc9f01a2596fed7559c6b99b31279c3261778e77d84f"
+checksum = "532826ff75199d5833b9d2c5fe410f29235e25704ee5f0ef599fb51c21f4a4da"
 dependencies = [
  "autocfg",
  "backtrace",
diff --git a/client/network/Cargo.toml b/client/network/Cargo.toml
index 2ea52f0bd1c..35b3d2d4609 100644
--- a/client/network/Cargo.toml
+++ b/client/network/Cargo.toml
@@ -31,7 +31,7 @@ cumulus-relay-chain-interface = { path = "../relay-chain-interface" }
 
 [dev-dependencies]
 portpicker = "0.1.1"
-tokio = { version = "1.29.0", features = ["macros"] }
+tokio = { version = "1.29.1", features = ["macros"] }
 url = "2.4.0"
 
 # Substrate
diff --git a/client/pov-recovery/Cargo.toml b/client/pov-recovery/Cargo.toml
index d60a201724b..bea02660faa 100644
--- a/client/pov-recovery/Cargo.toml
+++ b/client/pov-recovery/Cargo.toml
@@ -31,7 +31,7 @@ cumulus-relay-chain-interface = {path = "../relay-chain-interface"}
 async-trait = "0.1.68"
 
 [dev-dependencies]
-tokio = { version = "1.29.0", features = ["macros"] }
+tokio = { version = "1.29.1", features = ["macros"] }
 portpicker = "0.1.1"
 
 # Cumulus
diff --git a/client/relay-chain-minimal-node/Cargo.toml b/client/relay-chain-minimal-node/Cargo.toml
index 5c64966e9a4..d62a6906eae 100644
--- a/client/relay-chain-minimal-node/Cargo.toml
+++ b/client/relay-chain-minimal-node/Cargo.toml
@@ -42,4 +42,4 @@ lru = "0.9"
 tracing = "0.1.37"
 async-trait = "0.1.68"
 futures = "0.3.28"
-tokio = { version = "1.29.0", features = ["macros"] }
+tokio = { version = "1.29.1", features = ["macros"] }
diff --git a/client/relay-chain-rpc-interface/Cargo.toml b/client/relay-chain-rpc-interface/Cargo.toml
index c6a5ffe3fcd..24da6507b83 100644
--- a/client/relay-chain-rpc-interface/Cargo.toml
+++ b/client/relay-chain-rpc-interface/Cargo.toml
@@ -21,7 +21,7 @@ sc-client-api = { git = "https://github.com/paritytech/substrate", branch = "mas
 sc-rpc-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
 sc-service = { git = "https://github.com/paritytech/substrate", branch = "master" }
 
-tokio = { version = "1.29.0", features = ["sync"] }
+tokio = { version = "1.29.1", features = ["sync"] }
 
 futures = "0.3.28"
 futures-timer = "3.0.2"
diff --git a/polkadot-parachain/Cargo.toml b/polkadot-parachain/Cargo.toml
index 13166243277..f079788decb 100644
--- a/polkadot-parachain/Cargo.toml
+++ b/polkadot-parachain/Cargo.toml
@@ -97,7 +97,7 @@ substrate-build-script-utils = { git = "https://github.com/paritytech/substrate"
 assert_cmd = "2.0"
 nix = { version = "0.26.1", features = ["signal"] }
 tempfile = "3.6.0"
-tokio = { version = "1.29.0", features = ["macros", "time", "parking_lot"] }
+tokio = { version = "1.29.1", features = ["macros", "time", "parking_lot"] }
 wait-timeout = "0.2"
 # purge_chain_works works with rococo-local and needs to allow this
 polkadot-cli = { git = "https://github.com/paritytech/polkadot", branch = "master", features = ["rococo-native"] }
diff --git a/test/service/Cargo.toml b/test/service/Cargo.toml
index a82d831e1f6..d4ecc2e4408 100644
--- a/test/service/Cargo.toml
+++ b/test/service/Cargo.toml
@@ -16,7 +16,7 @@ criterion = { version = "0.5.1", features = [ "async_tokio" ] }
 jsonrpsee = { version = "0.16.2", features = ["server"] }
 rand = "0.8.5"
 serde = { version = "1.0.164", features = ["derive"] }
-tokio = { version = "1.29.0", features = ["macros"] }
+tokio = { version = "1.29.1", features = ["macros"] }
 tracing = "0.1.37"
 url = "2.4.0"
 tempfile = "3.6.0"