diff --git a/Cargo.lock b/Cargo.lock
index fb9ee5a65a..7f55f9ccaf 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3472,9 +3472,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.112"
+version = "1.0.118"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "736aac72d1eafe8e5962d1d1c3d99b0df526015ba40915cb3c49d042e92ec243"
+checksum = "06c64263859d87aa2eb554587e2d23183398d617427327cf2b3d0ed8c69e4800"
 dependencies = [
  "serde_derive",
 ]
@@ -3500,9 +3500,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.112"
+version = "1.0.118"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bf0343ce212ac0d3d6afd9391ac8e9c9efe06b533c8d33f660f6390cc4093f57"
+checksum = "c84d3526699cd55261af4b941e4e725444df67aa4f9e6a3564f18030d12672df"
 dependencies = [
  "proc-macro2 1.0.24",
  "quote 1.0.6",
diff --git a/account-decoder/Cargo.toml b/account-decoder/Cargo.toml
index d0be6b7ce3..ff99d1894c 100644
--- a/account-decoder/Cargo.toml
+++ b/account-decoder/Cargo.toml
@@ -15,7 +15,7 @@ bs58 = "0.3.1"
 bv = "0.11.1"
 Inflector = "0.11.4"
 lazy_static = "1.4.0"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_json = "1.0.56"
 solana-config-program = { path = "../programs/config", version = "1.6.0" }
diff --git a/banks-interface/Cargo.toml b/banks-interface/Cargo.toml
index 43e19fe9ba..d08b611e8b 100644
--- a/banks-interface/Cargo.toml
+++ b/banks-interface/Cargo.toml
@@ -10,7 +10,7 @@ edition = "2018"
 
 [dependencies]
 mio = "0.7.6"
-serde = { version = "1.0.112", features = ["derive"] }
+serde = { version = "1.0.118", features = ["derive"] }
 solana-sdk = { path = "../sdk", version = "1.6.0" }
 tarpc = { version = "0.23.0", features = ["full"] }
 
diff --git a/cli-config/Cargo.toml b/cli-config/Cargo.toml
index 9d2cb1deee..d9146a01e0 100644
--- a/cli-config/Cargo.toml
+++ b/cli-config/Cargo.toml
@@ -11,7 +11,7 @@ homepage = "https://solana.com/"
 [dependencies]
 dirs-next = "2.0.0"
 lazy_static = "1.4.0"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_yaml = "0.8.13"
 url = "2.1.1"
diff --git a/cli-output/Cargo.toml b/cli-output/Cargo.toml
index 3ebbd54f49..f37afaa885 100644
--- a/cli-output/Cargo.toml
+++ b/cli-output/Cargo.toml
@@ -14,7 +14,7 @@ console = "0.11.3"
 humantime = "2.0.1"
 Inflector = "0.11.4"
 indicatif = "0.15.0"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_json = "1.0.56"
 solana-account-decoder = { path = "../account-decoder", version = "1.6.0" }
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 8bcd9a9d08..c84e68a2fe 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -24,7 +24,7 @@ humantime = "2.0.1"
 num-traits = "0.2"
 pretty-hex = "0.2.1"
 reqwest = { version = "0.10.8", default-features = false, features = ["blocking", "rustls-tls", "json"] }
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_json = "1.0.56"
 solana-account-decoder = { path = "../account-decoder", version = "1.6.0" }
diff --git a/client/Cargo.toml b/client/Cargo.toml
index abe2675748..6651552569 100644
--- a/client/Cargo.toml
+++ b/client/Cargo.toml
@@ -20,7 +20,7 @@ net2 = "0.2.37"
 rayon = "1.5.0"
 reqwest = { version = "0.10.8", default-features = false, features = ["blocking", "rustls-tls", "json"] }
 semver = "0.11.0"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_json = "1.0.56"
 solana-account-decoder = { path = "../account-decoder", version = "1.6.0" }
diff --git a/core/Cargo.toml b/core/Cargo.toml
index c59a5770be..735cc15aa5 100644
--- a/core/Cargo.toml
+++ b/core/Cargo.toml
@@ -45,7 +45,7 @@ raptorq = "1.4.2"
 rayon = "1.5.0"
 regex = "1.3.9"
 rustversion = "1.0.4"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_bytes = "0.11"
 serde_derive = "1.0.103"
 serde_json = "1.0.56"
diff --git a/core/src/cluster_info.rs b/core/src/cluster_info.rs
index dacddc70b2..5168c51a8a 100644
--- a/core/src/cluster_info.rs
+++ b/core/src/cluster_info.rs
@@ -405,7 +405,7 @@ pub fn make_accounts_hashes_message(
 type Ping = ping_pong::Ping<[u8; GOSSIP_PING_TOKEN_SIZE]>;
 
 // TODO These messages should go through the gpu pipeline for spam filtering
-#[frozen_abi(digest = "DdTxrwwnbe571Di4rLtrAQorFDE58vYnmzzbaeQ7sQMC")]
+#[frozen_abi(digest = "CH5BWuhAyvUiUQYgu2Lcwu7eoiW6bQitvtLS1yFsdmrE")]
 #[derive(Serialize, Deserialize, Debug, AbiEnumVisitor, AbiExample)]
 #[allow(clippy::large_enum_variant)]
 enum Protocol {
diff --git a/faucet/Cargo.toml b/faucet/Cargo.toml
index c3ab5aabcf..14b6055788 100644
--- a/faucet/Cargo.toml
+++ b/faucet/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.1"
 byteorder = "1.3.4"
 clap = "2.33"
 log = "0.4.11"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-clap-utils = { path = "../clap-utils", version = "1.6.0" }
 solana-cli-config = { path = "../cli-config", version = "1.6.0" }
diff --git a/frozen-abi/Cargo.toml b/frozen-abi/Cargo.toml
index c1aef9394a..6116e5a53c 100644
--- a/frozen-abi/Cargo.toml
+++ b/frozen-abi/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 bs58 = "0.3.1"
 bv = { version = "0.11.1", features = ["serde"] }
 log = "0.4.11"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 sha2 = "0.9.2"
 solana-frozen-abi-macro = { path = "macro", version = "1.6.0" }
diff --git a/genesis/Cargo.toml b/genesis/Cargo.toml
index c39d9f9623..e53e5bbab9 100644
--- a/genesis/Cargo.toml
+++ b/genesis/Cargo.toml
@@ -12,7 +12,7 @@ homepage = "https://solana.com/"
 base64 = "0.12.3"
 clap = "2.33.1"
 chrono = "0.4"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_json = "1.0.56"
 serde_yaml = "0.8.13"
 solana-budget-program = { path = "../programs/budget", version = "1.6.0" }
diff --git a/install/Cargo.toml b/install/Cargo.toml
index 5edf049080..1651195a11 100644
--- a/install/Cargo.toml
+++ b/install/Cargo.toml
@@ -21,7 +21,7 @@ indicatif = "0.15.0"
 lazy_static = "1.4.0"
 nix = "0.19.0"
 reqwest = { version = "0.10.8", default-features = false, features = ["blocking", "rustls-tls", "json"] }
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_yaml = "0.8.13"
 solana-clap-utils = { path = "../clap-utils", version = "1.6.0" }
diff --git a/ledger/Cargo.toml b/ledger/Cargo.toml
index 3931b2e2b2..7b47533acc 100644
--- a/ledger/Cargo.toml
+++ b/ledger/Cargo.toml
@@ -30,7 +30,7 @@ rand = "0.7.0"
 rand_chacha = "0.2.2"
 rayon = "1.5.0"
 reed-solomon-erasure = { version = "4.0.2", features = ["simd-accel"] }
-serde = "1.0.112"
+serde = "1.0.118"
 serde_bytes = "0.11.4"
 sha2 = "0.9.2"
 solana-bpf-loader-program = { path = "../programs/bpf_loader", version = "1.6.0" }
diff --git a/log-analyzer/Cargo.toml b/log-analyzer/Cargo.toml
index 041f9c538e..f176fa1f50 100644
--- a/log-analyzer/Cargo.toml
+++ b/log-analyzer/Cargo.toml
@@ -12,7 +12,7 @@ publish = false
 [dependencies]
 byte-unit = "4.0.9"
 clap = "2.33.1"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_json = "1.0.56"
 solana-clap-utils = { path = "../clap-utils", version = "1.6.0" }
 solana-logger = { path = "../logger", version = "1.6.0" }
diff --git a/net-shaper/Cargo.toml b/net-shaper/Cargo.toml
index 973b329a5a..c82db45c33 100644
--- a/net-shaper/Cargo.toml
+++ b/net-shaper/Cargo.toml
@@ -11,7 +11,7 @@ publish = false
 
 [dependencies]
 clap = "2.33.1"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_json = "1.0.56"
 solana-clap-utils = { path = "../clap-utils", version = "1.6.0" }
 solana-logger = { path = "../logger", version = "1.6.0" }
diff --git a/net-utils/Cargo.toml b/net-utils/Cargo.toml
index f0483154fa..047a32ba74 100644
--- a/net-utils/Cargo.toml
+++ b/net-utils/Cargo.toml
@@ -14,7 +14,7 @@ clap = "2.33.1"
 log = "0.4.11"
 nix = "0.19.0"
 rand = "0.7.0"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 socket2 = "0.3.17"
 solana-clap-utils = { path = "../clap-utils", version = "1.6.0" }
diff --git a/perf/Cargo.toml b/perf/Cargo.toml
index d404456e6d..51e42abeaf 100644
--- a/perf/Cargo.toml
+++ b/perf/Cargo.toml
@@ -13,7 +13,7 @@ rand = "0.7.0"
 dlopen = "0.1.8"
 bincode = "1.3.1"
 rayon = "1.5.0"
-serde = "1.0.112"
+serde = "1.0.118"
 dlopen_derive = "0.1.4"
 lazy_static = "1.4.0"
 log = "0.4.11"
diff --git a/programs/bpf/Cargo.lock b/programs/bpf/Cargo.lock
index 7d9d09eaef..d06c3941fc 100644
--- a/programs/bpf/Cargo.lock
+++ b/programs/bpf/Cargo.lock
@@ -2355,9 +2355,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.112"
+version = "1.0.118"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "736aac72d1eafe8e5962d1d1c3d99b0df526015ba40915cb3c49d042e92ec243"
+checksum = "06c64263859d87aa2eb554587e2d23183398d617427327cf2b3d0ed8c69e4800"
 dependencies = [
  "serde_derive",
 ]
@@ -2373,9 +2373,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.112"
+version = "1.0.118"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "bf0343ce212ac0d3d6afd9391ac8e9c9efe06b533c8d33f660f6390cc4093f57"
+checksum = "c84d3526699cd55261af4b941e4e725444df67aa4f9e6a3564f18030d12672df"
 dependencies = [
  "proc-macro2 1.0.24",
  "quote 1.0.6",
diff --git a/programs/budget/Cargo.toml b/programs/budget/Cargo.toml
index 8efa8bf4e7..7b682d487a 100644
--- a/programs/budget/Cargo.toml
+++ b/programs/budget/Cargo.toml
@@ -14,7 +14,7 @@ chrono = { version = "0.4.11", features = ["serde"] }
 log = "0.4.11"
 num-derive = "0.3"
 num-traits = "0.2"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-sdk = { path = "../../sdk", version = "1.6.0" }
 thiserror = "1.0"
diff --git a/programs/config/Cargo.toml b/programs/config/Cargo.toml
index f8127f2c49..6ba67859b2 100644
--- a/programs/config/Cargo.toml
+++ b/programs/config/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 bincode = "1.3.1"
 chrono = { version = "0.4.11", features = ["serde"] }
 log = "0.4.11"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-sdk = { path = "../../sdk", version = "1.6.0" }
 
diff --git a/programs/exchange/Cargo.toml b/programs/exchange/Cargo.toml
index 450ceab6a7..349e97efc2 100644
--- a/programs/exchange/Cargo.toml
+++ b/programs/exchange/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.1"
 log = "0.4.11"
 num-derive = { version = "0.3" }
 num-traits = { version = "0.2" }
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-logger = { path = "../../logger", version = "1.6.0" }
 solana-metrics = { path = "../../metrics", version = "1.6.0" }
diff --git a/programs/stake/Cargo.toml b/programs/stake/Cargo.toml
index 004ea82e9c..196f0d0a0b 100644
--- a/programs/stake/Cargo.toml
+++ b/programs/stake/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.1"
 log = "0.4.11"
 num-derive = "0.3"
 num-traits = "0.2"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-frozen-abi = { path = "../../frozen-abi", version = "1.6.0" }
 solana-frozen-abi-macro = { path = "../../frozen-abi/macro", version = "1.6.0" }
diff --git a/programs/vest/Cargo.toml b/programs/vest/Cargo.toml
index 493eea97d1..6bccac05db 100644
--- a/programs/vest/Cargo.toml
+++ b/programs/vest/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.1"
 chrono = { version = "0.4.11", features = ["serde"] }
 num-derive = "0.3"
 num-traits = "0.2"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-sdk = { path = "../../sdk", version = "1.6.0" }
 solana-config-program = { path = "../config", version = "1.6.0" }
diff --git a/programs/vote/Cargo.toml b/programs/vote/Cargo.toml
index 13099008eb..67fd5896fa 100644
--- a/programs/vote/Cargo.toml
+++ b/programs/vote/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.1"
 log = "0.4.11"
 num-derive = "0.3"
 num-traits = "0.2"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-frozen-abi = { path = "../../frozen-abi", version = "1.6.0" }
 solana-frozen-abi-macro = { path = "../../frozen-abi/macro", version = "1.6.0" }
diff --git a/ramp-tps/Cargo.toml b/ramp-tps/Cargo.toml
index aaad44fb12..ad5171c954 100644
--- a/ramp-tps/Cargo.toml
+++ b/ramp-tps/Cargo.toml
@@ -13,7 +13,7 @@ bzip2 = "0.3.3"
 clap = "2.33.1"
 log = "0.4.11"
 reqwest = { version = "0.10.8", default-features = false }
-serde = "1.0.112"
+serde = "1.0.118"
 serde_json = "1.0.56"
 serde_yaml = "0.8.13"
 solana-core = { path = "../core", version = "1.6.0" }
diff --git a/runtime/Cargo.toml b/runtime/Cargo.toml
index 64c13e737d..7212cce3c2 100644
--- a/runtime/Cargo.toml
+++ b/runtime/Cargo.toml
@@ -33,7 +33,7 @@ ouroboros = "0.5.1"
 rand = "0.7.0"
 rayon = "1.5.0"
 regex = "1.3.9"
-serde = { version = "1.0.112", features = ["rc"] }
+serde = { version = "1.0.118", features = ["rc"] }
 serde_derive = "1.0.103"
 solana-config-program = { path = "../programs/config", version = "1.6.0" }
 solana-frozen-abi = { path = "../frozen-abi", version = "1.6.0" }
diff --git a/runtime/src/serde_snapshot/tests.rs b/runtime/src/serde_snapshot/tests.rs
index 710c254883..14671d827a 100644
--- a/runtime/src/serde_snapshot/tests.rs
+++ b/runtime/src/serde_snapshot/tests.rs
@@ -268,7 +268,7 @@ mod test_bank_serialize {
 
     // These some what long test harness is required to freeze the ABI of
     // Bank's serialization due to versioned nature
-    #[frozen_abi(digest = "Gv3em1cZt9cjQWepg8C5aaK95deyA1fifowRfmmTuoES")]
+    #[frozen_abi(digest = "9CqwEeiVycBp9wVDLz19XUJXRMZ68itGfYVEe29S8JmA")]
     #[derive(Serialize, AbiExample)]
     pub struct BankAbiTestWrapperFuture {
         #[serde(serialize_with = "wrapper_future")]
diff --git a/scripts/Cargo.toml b/scripts/Cargo.toml
index 72af45256c..da6a7d9628 100644
--- a/scripts/Cargo.toml
+++ b/scripts/Cargo.toml
@@ -11,7 +11,7 @@ publish = false
 
 [dependencies]
 csv = "1.1"
-serde = { version = "1.0.112", features = ["derive"] }
+serde = { version = "1.0.118", features = ["derive"] }
 
 [[bin]]
 name = "solana-csv-to-validator-infos"
diff --git a/scripts/build-downstream-projects.sh b/scripts/build-downstream-projects.sh
index eab301858b..bce8a02d31 100755
--- a/scripts/build-downstream-projects.sh
+++ b/scripts/build-downstream-projects.sh
@@ -83,14 +83,16 @@ serum_dex() {
     rm -rf serum-dex
     git clone https://github.com/project-serum/serum-dex.git
     cd serum-dex
-    # TODO: Remove next line and debug build failure
-    git checkout 54400763dbcc64bc955621298f0bada33b591f53
 
     update_solana_dependencies .
     patch_crates_io Cargo.toml
     patch_crates_io dex/Cargo.toml
-    echo "[workspace]" >> dex/Cargo.toml
-
+    cat >> dex/Cargo.toml <<EOF
+[workspace]
+exclude = [
+    "crank",
+]
+EOF
     $cargo build
 
     $cargo_build_bpf \
diff --git a/sdk/Cargo.toml b/sdk/Cargo.toml
index 0bc3b999a6..30b0e83f18 100644
--- a/sdk/Cargo.toml
+++ b/sdk/Cargo.toml
@@ -54,7 +54,7 @@ num-traits = "0.2"
 pbkdf2 = { version = "0.6.0", default-features = false }
 rand = { version = "0.7.0", optional = true }
 rand_chacha = { version = "0.2.2", optional = true }
-serde = "1.0.112"
+serde = "1.0.118"
 serde_bytes = "0.11"
 serde_derive = "1.0.103"
 serde_json = { version = "1.0.56", optional = true }
diff --git a/sdk/program/src/message.rs b/sdk/program/src/message.rs
index b72e865d90..3eec6de474 100644
--- a/sdk/program/src/message.rs
+++ b/sdk/program/src/message.rs
@@ -160,7 +160,7 @@ pub struct MessageHeader {
     pub num_readonly_unsigned_accounts: u8,
 }
 
-#[frozen_abi(digest = "6zcKiPfKoqYChcZfYcxqcmpJetXk8P51ihc4kiujPgdr")]
+#[frozen_abi(digest = "BPBJZxpRQ4JS7LGJtsgoyctg4BXyBbbY4uc7FjowtxLV")]
 #[derive(Serialize, Deserialize, Default, Debug, PartialEq, Eq, Clone, AbiExample)]
 #[serde(rename_all = "camelCase")]
 pub struct Message {
diff --git a/sdk/src/account.rs b/sdk/src/account.rs
index 4ac4eedd1a..27400b6d36 100644
--- a/sdk/src/account.rs
+++ b/sdk/src/account.rs
@@ -4,7 +4,7 @@ use std::{cell::RefCell, cmp, fmt, rc::Rc};
 
 /// An Account with data that is stored on chain
 #[repr(C)]
-#[frozen_abi(digest = "727tKRcoDvPiAsXxfvfsUauvZ4tLSw2WSw4HQfRQJ9Xx")]
+#[frozen_abi(digest = "AXJTWWXfp49rHb34ayFzFLSEuaRbMUsVPNzBDyP3UPjc")]
 #[derive(Serialize, Deserialize, PartialEq, Eq, Clone, Default, AbiExample)]
 #[serde(rename_all = "camelCase")]
 pub struct Account {
diff --git a/sdk/src/genesis_config.rs b/sdk/src/genesis_config.rs
index 58601b6c76..16d51319ee 100644
--- a/sdk/src/genesis_config.rs
+++ b/sdk/src/genesis_config.rs
@@ -61,7 +61,7 @@ impl FromStr for ClusterType {
     }
 }
 
-#[frozen_abi(digest = "VxfEg5DXq5czYouMdcCbqDzUE8jGi3iSDSjzrrWp5iG")]
+#[frozen_abi(digest = "FX48h9vjJZPvka4J9UvcPQkVcMdYLQujhbvUmVFq6qLx")]
 #[derive(Serialize, Deserialize, Debug, Clone, AbiExample)]
 pub struct GenesisConfig {
     /// when the network (bootstrap validator) was started relative to the UNIX Epoch
diff --git a/sdk/src/transaction.rs b/sdk/src/transaction.rs
index 4a74d50cf6..8aae19b424 100644
--- a/sdk/src/transaction.rs
+++ b/sdk/src/transaction.rs
@@ -103,7 +103,7 @@ impl From<SanitizeError> for TransactionError {
 }
 
 /// An atomic transaction
-#[frozen_abi(digest = "EGPL8qfT6of8UDKUTPQfcCADiRrpVxKXmULWtNdfjbQ8")]
+#[frozen_abi(digest = "2Kr1C1pRytLsmUbg8p2nLoZyrjrEQCriAYLTCYvwj1Fo")]
 #[derive(Debug, PartialEq, Default, Eq, Clone, Serialize, Deserialize, AbiExample)]
 pub struct Transaction {
     /// A set of digital signatures of `account_keys`, `program_ids`, `recent_blockhash`, and `instructions`, signed by the first
diff --git a/stake-monitor/Cargo.toml b/stake-monitor/Cargo.toml
index 59833e5afa..47081c1931 100644
--- a/stake-monitor/Cargo.toml
+++ b/stake-monitor/Cargo.toml
@@ -12,7 +12,7 @@ homepage = "https://solana.com/"
 clap = "2.33.1"
 console = "0.11.3"
 log = "0.4.11"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_yaml = "0.8.13"
 solana-clap-utils = { path = "../clap-utils", version = "1.6.0" }
 solana-cli-config = { path = "../cli-config", version = "1.6.0" }
diff --git a/storage-bigtable/Cargo.toml b/storage-bigtable/Cargo.toml
index 125d018b67..b5d3aedc58 100644
--- a/storage-bigtable/Cargo.toml
+++ b/storage-bigtable/Cargo.toml
@@ -19,7 +19,7 @@ goauth = "0.8.1"
 log = "0.4.11"
 prost = "0.6.1"
 prost-types = "0.6.1"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 smpl_jwt = "0.5.0"
 solana-sdk = { path = "../sdk", version = "1.6.0" }
diff --git a/storage-proto/Cargo.toml b/storage-proto/Cargo.toml
index 2ed3992f95..25cc779035 100644
--- a/storage-proto/Cargo.toml
+++ b/storage-proto/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2018"
 bincode = "1.2.1"
 bs58 = "0.3.1"
 prost = "0.6.1"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-account-decoder = { path = "../account-decoder", version = "1.6.0" }
 solana-sdk = { path = "../sdk", version = "1.6.0" }
diff --git a/transaction-status/Cargo.toml b/transaction-status/Cargo.toml
index 03b9561fd3..18df098686 100644
--- a/transaction-status/Cargo.toml
+++ b/transaction-status/Cargo.toml
@@ -14,7 +14,7 @@ bincode = "1.3.1"
 bs58 = "0.3.1"
 Inflector = "0.11.4"
 lazy_static = "1.4.0"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 serde_json = "1.0.56"
 solana-account-decoder = { path = "../account-decoder", version = "1.6.0" }
diff --git a/version/Cargo.toml b/version/Cargo.toml
index f338b3a125..ba0a049fa6 100644
--- a/version/Cargo.toml
+++ b/version/Cargo.toml
@@ -10,7 +10,7 @@ edition = "2018"
 
 [dependencies]
 log = "0.4.11"
-serde = "1.0.112"
+serde = "1.0.118"
 serde_derive = "1.0.103"
 solana-frozen-abi = { path = "../frozen-abi", version = "1.6.0" }
 solana-frozen-abi-macro = { path = "../frozen-abi/macro", version = "1.6.0" }