diff --git a/Cargo.lock b/Cargo.lock
index 3d5c8dcc1d..1b5d867e2f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3942,9 +3942,9 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.126"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ec7505abeacaec74ae4778d9d9328fe5a5d04253220a85c4ee022239fc996d03"
+checksum = "f03b9878abf6d14e6779d3f24f07b2cfa90352cfec4acc5aab8f1ac7f146fae8"
 dependencies = [
  "serde_derive",
 ]
@@ -3970,9 +3970,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.126"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "963a7dbc9895aeac7ac90e74f34a5d5261828f79df35cbed41e10189d3804d43"
+checksum = "a024926d3432516606328597e0f224a51355a493b49fdd67e9209187cbe55ecc"
 dependencies = [
  "proc-macro2 1.0.24",
  "quote 1.0.9",
diff --git a/account-decoder/Cargo.toml b/account-decoder/Cargo.toml
index e2282a2dc2..b5260dd01b 100644
--- a/account-decoder/Cargo.toml
+++ b/account-decoder/Cargo.toml
@@ -16,7 +16,7 @@ bs58 = "0.4.0"
 bv = "0.11.1"
 Inflector = "0.11.4"
 lazy_static = "1.4.0"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_json = "1.0.66"
 solana-config-program = { path = "../programs/config", version = "=1.8.0" }
diff --git a/banks-interface/Cargo.toml b/banks-interface/Cargo.toml
index 85d246137a..becebdbfed 100644
--- a/banks-interface/Cargo.toml
+++ b/banks-interface/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 
 [dependencies]
 mio = "0.7.13"
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.127", features = ["derive"] }
 solana-sdk = { path = "../sdk", version = "=1.8.0" }
 tarpc = { version = "0.26.2", features = ["full"] }
 
diff --git a/cli-config/Cargo.toml b/cli-config/Cargo.toml
index ecbd1d8843..8c88652a2d 100644
--- a/cli-config/Cargo.toml
+++ b/cli-config/Cargo.toml
@@ -12,7 +12,7 @@ documentation = "https://docs.rs/solana-cli-config"
 [dependencies]
 dirs-next = "2.0.0"
 lazy_static = "1.4.0"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_yaml = "0.8.17"
 url = "2.2.2"
diff --git a/cli-output/Cargo.toml b/cli-output/Cargo.toml
index a23cee8b83..122f7bd3aa 100644
--- a/cli-output/Cargo.toml
+++ b/cli-output/Cargo.toml
@@ -17,7 +17,7 @@ console = "0.14.1"
 humantime = "2.0.1"
 Inflector = "0.11.4"
 indicatif = "0.16.2"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_json = "1.0.66"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 07176881aa..49d2f279ae 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -26,7 +26,7 @@ humantime = "2.0.1"
 num-traits = "0.2"
 pretty-hex = "0.2.1"
 reqwest = { version = "0.11.4", default-features = false, features = ["blocking", "rustls-tls", "json"] }
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_json = "1.0.66"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
diff --git a/client/Cargo.toml b/client/Cargo.toml
index aa7a322b98..bed0dab715 100644
--- a/client/Cargo.toml
+++ b/client/Cargo.toml
@@ -21,7 +21,7 @@ net2 = "0.2.37"
 rayon = "1.5.1"
 reqwest = { version = "0.11.4", default-features = false, features = ["blocking", "rustls-tls", "json"] }
 semver = "1.0.4"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_json = "1.0.66"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
diff --git a/core/Cargo.toml b/core/Cargo.toml
index c38e4c9746..df88495e82 100644
--- a/core/Cargo.toml
+++ b/core/Cargo.toml
@@ -41,7 +41,7 @@ rand_core = "0.6.3"
 raptorq = "1.6.4"
 rayon = "1.5.1"
 retain_mut = "0.1.3"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_bytes = "0.11"
 serde_derive = "1.0.103"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
diff --git a/entry/Cargo.toml b/entry/Cargo.toml
index 21f3c8556b..6a01d1e2d9 100644
--- a/entry/Cargo.toml
+++ b/entry/Cargo.toml
@@ -16,7 +16,7 @@ dlopen_derive = "0.1.4"
 log = "0.4.11"
 rand = "0.7.0"
 rayon = "1.5.1"
-serde = "1.0.126"
+serde = "1.0.127"
 solana-measure = { path = "../measure", version = "=1.8.0" }
 solana-merkle-tree = { path = "../merkle-tree", version = "=1.8.0" }
 solana-metrics = { path = "../metrics", version = "=1.8.0" }
diff --git a/faucet/Cargo.toml b/faucet/Cargo.toml
index 76653d1413..935e84767e 100644
--- a/faucet/Cargo.toml
+++ b/faucet/Cargo.toml
@@ -14,7 +14,7 @@ bincode = "1.3.3"
 byteorder = "1.4.3"
 clap = "2.33"
 log = "0.4.14"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
 solana-cli-config = { path = "../cli-config", version = "=1.8.0" }
diff --git a/frozen-abi/Cargo.toml b/frozen-abi/Cargo.toml
index 32cec522a1..21eedd5814 100644
--- a/frozen-abi/Cargo.toml
+++ b/frozen-abi/Cargo.toml
@@ -13,7 +13,7 @@ edition = "2018"
 bs58 = "0.4.0"
 bv = { version = "0.11.1", features = ["serde"] }
 log = "0.4.14"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 sha2 = "0.9.5"
 solana-frozen-abi-macro = { path = "macro", version = "=1.8.0" }
diff --git a/genesis/Cargo.toml b/genesis/Cargo.toml
index e03fec1fc2..abac83471f 100644
--- a/genesis/Cargo.toml
+++ b/genesis/Cargo.toml
@@ -13,7 +13,7 @@ documentation = "https://docs.rs/solana-genesis"
 base64 = "0.12.3"
 clap = "2.33.1"
 chrono = "0.4"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_json = "1.0.66"
 serde_yaml = "0.8.17"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
diff --git a/gossip/Cargo.toml b/gossip/Cargo.toml
index 36241a00a3..926245b223 100644
--- a/gossip/Cargo.toml
+++ b/gossip/Cargo.toml
@@ -23,7 +23,7 @@ num-traits = "0.2"
 rand = "0.7.0"
 rand_chacha = "0.2.2"
 rayon = "1.5.1"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_bytes = "0.11"
 serde_derive = "1.0.103"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
diff --git a/install/Cargo.toml b/install/Cargo.toml
index 42f6f38074..7bf65f4ce7 100644
--- a/install/Cargo.toml
+++ b/install/Cargo.toml
@@ -22,7 +22,7 @@ indicatif = "0.16.2"
 lazy_static = "1.4.0"
 nix = "0.20.0"
 reqwest = { version = "0.11.4", default-features = false, features = ["blocking", "rustls-tls", "json"] }
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.127", features = ["derive"] }
 serde_json = "1.0.66"
 serde_yaml = "0.8.17"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
diff --git a/ledger/Cargo.toml b/ledger/Cargo.toml
index edadf7f93f..a6956f28a0 100644
--- a/ledger/Cargo.toml
+++ b/ledger/Cargo.toml
@@ -28,7 +28,7 @@ prost = "0.8.0"
 rand = "0.7.0"
 rand_chacha = "0.2.2"
 rayon = "1.5.1"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_bytes = "0.11.5"
 sha2 = "0.9.5"
 solana-bpf-loader-program = { path = "../programs/bpf_loader", version = "=1.8.0" }
diff --git a/log-analyzer/Cargo.toml b/log-analyzer/Cargo.toml
index 41e296aab9..4e341495de 100644
--- a/log-analyzer/Cargo.toml
+++ b/log-analyzer/Cargo.toml
@@ -12,7 +12,7 @@ publish = false
 [dependencies]
 byte-unit = "4.0.12"
 clap = "2.33.1"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_json = "1.0.66"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
 solana-logger = { path = "../logger", version = "=1.8.0" }
diff --git a/net-shaper/Cargo.toml b/net-shaper/Cargo.toml
index a2ecdd82e9..b938a9e423 100644
--- a/net-shaper/Cargo.toml
+++ b/net-shaper/Cargo.toml
@@ -11,7 +11,7 @@ publish = false
 
 [dependencies]
 clap = "2.33.1"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_json = "1.0.66"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
 solana-logger = { path = "../logger", version = "=1.8.0" }
diff --git a/net-utils/Cargo.toml b/net-utils/Cargo.toml
index aa54ee58cc..3c8b6032d6 100644
--- a/net-utils/Cargo.toml
+++ b/net-utils/Cargo.toml
@@ -15,7 +15,7 @@ clap = "2.33.1"
 log = "0.4.14"
 nix = "0.20.0"
 rand = "0.7.0"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 socket2 = "0.3.17"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
diff --git a/perf/Cargo.toml b/perf/Cargo.toml
index 84b22d1de5..61eebb59ca 100644
--- a/perf/Cargo.toml
+++ b/perf/Cargo.toml
@@ -18,7 +18,7 @@ lazy_static = "1.4.0"
 log = "0.4.14"
 rand = "0.7.0"
 rayon = "1.5.1"
-serde = "1.0.126"
+serde = "1.0.127"
 solana-logger = { path = "../logger", version = "=1.8.0" }
 solana-metrics = { path = "../metrics", version = "=1.8.0" }
 solana-sdk = { path = "../sdk", version = "=1.8.0" }
diff --git a/program-test/Cargo.toml b/program-test/Cargo.toml
index 58bc1ea7f0..d12b5c2c2a 100644
--- a/program-test/Cargo.toml
+++ b/program-test/Cargo.toml
@@ -15,7 +15,7 @@ chrono = "0.4.19"
 chrono-humanize = "0.2.1"
 log = "0.4.14"
 mio = "0.7.13"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-banks-client = { path = "../banks-client", version = "=1.8.0" }
 solana-banks-server = { path = "../banks-server", version = "=1.8.0" }
diff --git a/programs/bpf/Cargo.lock b/programs/bpf/Cargo.lock
index db2ecd780e..5cab649ca0 100644
--- a/programs/bpf/Cargo.lock
+++ b/programs/bpf/Cargo.lock
@@ -2234,9 +2234,9 @@ checksum = "388a1df253eca08550bef6c72392cfe7c30914bf41df5269b68cbd6ff8f570a3"
 
 [[package]]
 name = "serde"
-version = "1.0.126"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ec7505abeacaec74ae4778d9d9328fe5a5d04253220a85c4ee022239fc996d03"
+checksum = "f03b9878abf6d14e6779d3f24f07b2cfa90352cfec4acc5aab8f1ac7f146fae8"
 dependencies = [
  "serde_derive",
 ]
@@ -2252,9 +2252,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.126"
+version = "1.0.127"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "963a7dbc9895aeac7ac90e74f34a5d5261828f79df35cbed41e10189d3804d43"
+checksum = "a024926d3432516606328597e0f224a51355a493b49fdd67e9209187cbe55ecc"
 dependencies = [
  "proc-macro2 1.0.24",
  "quote 1.0.6",
diff --git a/programs/config/Cargo.toml b/programs/config/Cargo.toml
index ae29a74daf..6ee795cc69 100644
--- a/programs/config/Cargo.toml
+++ b/programs/config/Cargo.toml
@@ -14,7 +14,7 @@ bincode = "1.3.3"
 chrono = { version = "0.4.11", features = ["serde"] }
 log = "0.4.14"
 rand_core = "0.6.3"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-sdk = { path = "../../sdk", version = "=1.8.0" }
 
diff --git a/programs/stake/Cargo.toml b/programs/stake/Cargo.toml
index a023756fe2..2a79be2eb9 100644
--- a/programs/stake/Cargo.toml
+++ b/programs/stake/Cargo.toml
@@ -14,7 +14,7 @@ bincode = "1.3.3"
 log = "0.4.14"
 num-derive = "0.3"
 num-traits = "0.2"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-frozen-abi = { path = "../../frozen-abi", version = "=1.8.0" }
 solana-frozen-abi-macro = { path = "../../frozen-abi/macro", version = "=1.8.0" }
diff --git a/programs/vote/Cargo.toml b/programs/vote/Cargo.toml
index aca5b5f7f1..cbf0887939 100644
--- a/programs/vote/Cargo.toml
+++ b/programs/vote/Cargo.toml
@@ -14,7 +14,7 @@ bincode = "1.3.3"
 log = "0.4.14"
 num-derive = "0.3"
 num-traits = "0.2"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-frozen-abi = { path = "../../frozen-abi", version = "=1.8.0" }
 solana-frozen-abi-macro = { path = "../../frozen-abi/macro", version = "=1.8.0" }
diff --git a/rbpf-cli/Cargo.toml b/rbpf-cli/Cargo.toml
index aefa7d5fc8..801eac4757 100644
--- a/rbpf-cli/Cargo.toml
+++ b/rbpf-cli/Cargo.toml
@@ -10,7 +10,7 @@ edition = "2018"
 
 [dependencies]
 clap = "3.0.0-beta.2"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_json = "1.0.66"
 solana-bpf-loader-program = { path = "../programs/bpf_loader", version = "=1.8.0" }
 solana-logger = { path = "../logger", version = "=1.8.0" }
diff --git a/replica-node/Cargo.toml b/replica-node/Cargo.toml
index 1a0e404d61..19aa3872bf 100644
--- a/replica-node/Cargo.toml
+++ b/replica-node/Cargo.toml
@@ -22,7 +22,7 @@ jsonrpc-ipc-server = "17.0.0"
 jsonrpc-server-utils= "17.0.0"
 log = "0.4.11"
 rand = "0.7.0"
-serde = "1.0.112"
+serde = "1.0.127"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
 solana-cli-config = { path = "../cli-config", version = "=1.8.0" }
 solana-client = { path = "../client", version = "=1.8.0" }
diff --git a/rpc/Cargo.toml b/rpc/Cargo.toml
index 9b9bcf5175..5f8bf9bb82 100644
--- a/rpc/Cargo.toml
+++ b/rpc/Cargo.toml
@@ -24,7 +24,7 @@ jsonrpc-ws-server = "18.0.0"
 libc = "0.2.98"
 log = "0.4.14"
 regex = "1.5.4"
-serde = "1.0.122"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_json = "1.0.66"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
diff --git a/runtime/Cargo.toml b/runtime/Cargo.toml
index c43ae4d3b2..c647effd93 100644
--- a/runtime/Cargo.toml
+++ b/runtime/Cargo.toml
@@ -34,7 +34,7 @@ ouroboros = "0.10.1"
 rand = "0.7.0"
 rayon = "1.5.1"
 regex = "1.5.4"
-serde = { version = "1.0.126", features = ["rc"] }
+serde = { version = "1.0.127", features = ["rc"] }
 serde_derive = "1.0.103"
 solana-config-program = { path = "../programs/config", version = "=1.8.0" }
 solana-compute-budget-program = { path = "../programs/compute-budget", version = "=1.8.0" }
diff --git a/scripts/Cargo.toml b/scripts/Cargo.toml
index 83fec89522..3950f7ae6e 100644
--- a/scripts/Cargo.toml
+++ b/scripts/Cargo.toml
@@ -11,7 +11,7 @@ publish = false
 
 [dependencies]
 csv = "1.1"
-serde = { version = "1.0.126", features = ["derive"] }
+serde = { version = "1.0.127", features = ["derive"] }
 
 [[bin]]
 name = "solana-csv-to-validator-infos"
diff --git a/sdk/Cargo.toml b/sdk/Cargo.toml
index 1d18fdd772..8e0c25af31 100644
--- a/sdk/Cargo.toml
+++ b/sdk/Cargo.toml
@@ -67,7 +67,7 @@ rand = { version = "0.7.0", optional = true }
 rand_chacha = { version = "0.2.2", optional = true }
 rand_core = "0.6.3"
 rustversion = "1.0.5"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_bytes = "0.11"
 serde_derive = "1.0.103"
 serde_json = { version = "1.0.66", optional = true }
diff --git a/storage-bigtable/Cargo.toml b/storage-bigtable/Cargo.toml
index 3e6449ca42..5641a19b21 100644
--- a/storage-bigtable/Cargo.toml
+++ b/storage-bigtable/Cargo.toml
@@ -21,7 +21,7 @@ log = "0.4.14"
 prost = "0.8.0"
 prost-types = "0.8.0"
 rand_core = "0.6.3"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 smpl_jwt = "0.6.0"
 solana-sdk = { path = "../sdk", version = "=1.8.0" }
diff --git a/storage-proto/Cargo.toml b/storage-proto/Cargo.toml
index d8f95ba9b2..ef0887e377 100644
--- a/storage-proto/Cargo.toml
+++ b/storage-proto/Cargo.toml
@@ -13,7 +13,7 @@ edition = "2018"
 bincode = "1.3.3"
 bs58 = "0.4.0"
 prost = "0.8.0"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
 solana-sdk = { path = "../sdk", version = "=1.8.0" }
diff --git a/transaction-status/Cargo.toml b/transaction-status/Cargo.toml
index c0515eb337..4d54b3f3f6 100644
--- a/transaction-status/Cargo.toml
+++ b/transaction-status/Cargo.toml
@@ -15,7 +15,7 @@ bincode = "1.3.3"
 bs58 = "0.4.0"
 Inflector = "0.11.4"
 lazy_static = "1.4.0"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 serde_json = "1.0.66"
 solana-account-decoder = { path = "../account-decoder", version = "=1.8.0" }
diff --git a/validator/Cargo.toml b/validator/Cargo.toml
index 75c72c5356..cf095ab608 100644
--- a/validator/Cargo.toml
+++ b/validator/Cargo.toml
@@ -27,7 +27,7 @@ jsonrpc-server-utils= "18.0.0"
 log = "0.4.14"
 num_cpus = "1.13.0"
 rand = "0.7.0"
-serde = "1.0.126"
+serde = "1.0.127"
 solana-clap-utils = { path = "../clap-utils", version = "=1.8.0" }
 solana-cli-config = { path = "../cli-config", version = "=1.8.0" }
 solana-client = { path = "../client", version = "=1.8.0" }
diff --git a/version/Cargo.toml b/version/Cargo.toml
index 7c477003d3..b513a2a524 100644
--- a/version/Cargo.toml
+++ b/version/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2018"
 
 [dependencies]
 log = "0.4.14"
-serde = "1.0.126"
+serde = "1.0.127"
 serde_derive = "1.0.103"
 solana-frozen-abi = { path = "../frozen-abi", version = "=1.8.0" }
 solana-frozen-abi-macro = { path = "../frozen-abi/macro", version = "=1.8.0" }