diff --git a/Cargo.lock b/Cargo.lock
index 9bb36998..ba1d44fc 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -64,7 +64,7 @@ version = "0.1.1"
 dependencies = [
  "air-beautifier",
  "anyhow",
- "clap 4.0.11",
+ "clap 4.0.15",
 ]
 
 [[package]]
@@ -207,7 +207,7 @@ dependencies = [
  "anyhow",
  "avm-data-store",
  "avm-interface",
- "clap 4.0.11",
+ "clap 4.0.15",
  "itertools",
  "serde",
  "serde_json",
@@ -539,9 +539,9 @@ dependencies = [
 
 [[package]]
 name = "clap"
-version = "4.0.11"
+version = "4.0.15"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4ed45cc2c62a3eff523e718d8576ba762c83a3146151093283ac62ae11933a73"
+checksum = "6bf8832993da70a4c6d13c581f4463c2bdda27b9bf1c5498dc4365543abe6d6f"
 dependencies = [
  "atty",
  "bitflags",
@@ -554,9 +554,9 @@ dependencies = [
 
 [[package]]
 name = "clap_derive"
-version = "4.0.10"
+version = "4.0.13"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "db342ce9fda24fb191e2ed4e102055a4d381c1086a06630174cd8da8d5d917ce"
+checksum = "c42f169caba89a7d512b5418b09864543eeb4d497416c917d7137863bd2076ad"
 dependencies = [
  "heck 0.4.0",
  "proc-macro-error",
@@ -2358,9 +2358,9 @@ dependencies = [
 
 [[package]]
 name = "serde_json"
-version = "1.0.85"
+version = "1.0.86"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e55a28e3aaef9d5ce0506d0a14dbba8054ddc7e499ef522dd8b26859ec9d4a44"
+checksum = "41feea4228a6f1cd09ec7a3593a682276702cd67b5273544757dae23c096f074"
 dependencies = [
  "itoa 1.0.4",
  "ryu",
diff --git a/air-interpreter/Cargo.toml b/air-interpreter/Cargo.toml
index 26549e63..1207f375 100644
--- a/air-interpreter/Cargo.toml
+++ b/air-interpreter/Cargo.toml
@@ -27,11 +27,11 @@ marine-rs-sdk = { version = "0.7.1", features = ["logger"] }
 wasm-bindgen = "=0.2.82"
 
 log = "0.4.17"
-serde = { version = "1.0.144", features = [ "derive", "rc" ] }
-serde_json = "1.0.85"
-tracing = "0.1.36"
+serde = { version = "1.0.145", features = [ "derive", "rc" ] }
+serde_json = "1.0.86"
+tracing = "0.1.37"
 # exclude tracing-log feature that interferes with the log crate:
-tracing-subscriber = { version = "0.3.15", default-features = false, features = [ "env-filter", "json", "smallvec", "time", "fmt" ] }
+tracing-subscriber = { version = "0.3.16", default-features = false, features = [ "env-filter", "json", "smallvec", "time", "fmt" ] }
 
 [features]
 # indicates that this library should be compiled for the marine target,
diff --git a/air/Cargo.toml b/air/Cargo.toml
index 0a15a95d..a0940b67 100644
--- a/air/Cargo.toml
+++ b/air/Cargo.toml
@@ -26,8 +26,8 @@ air-trace-handler = { path = "../crates/air-lib/trace-handler" }
 air-utils = { version = "0.1.0", path = "../crates/air-lib/utils" }
 polyplets = { path = "../crates/air-lib/polyplets" }
 
-serde = { version = "1.0.144", features = [ "derive", "rc" ] }
-serde_json = "1.0.85"
+serde = { version = "1.0.145", features = [ "derive", "rc" ] }
+serde_json = "1.0.86"
 
 boolinator = "2.4.0"
 concat-idents = "1.1.3"
@@ -36,11 +36,11 @@ non-empty-vec = "0.2.3"
 log = "0.4.17"
 once_cell = "1.15.0"
 fstrings = "0.2.3"
-thiserror = "1.0.35"
+thiserror = "1.0.37"
 semver = "1.0.14"
 strum = "0.24"
 strum_macros = "0.24"
-tracing = "0.1.36"
+tracing = "0.1.37"
 
 [dev_dependencies]
 air-test-utils = { path = "../crates/air-lib/test-utils" }
diff --git a/avm/interface/Cargo.toml b/avm/interface/Cargo.toml
index 33f0bad1..5be652a3 100644
--- a/avm/interface/Cargo.toml
+++ b/avm/interface/Cargo.toml
@@ -21,9 +21,9 @@ air-utils = { version = "0.1.0", path = "../../crates/air-lib/utils" }
 avm-data-store = { version = "0.4.1", path = "../../crates/data-store" }
 polyplets = { version = "0.3.2", path = "../../crates/air-lib/polyplets" }
 
-thiserror = "1.0.35"
+thiserror = "1.0.37"
 maplit = "1.0.2"
-serde_json = "1.0.85"
-serde = "1.0.144"
+serde_json = "1.0.86"
+serde = "1.0.145"
 log = "0.4.17"
-tracing = "0.1.36"
+tracing = "0.1.37"
diff --git a/avm/server/Cargo.toml b/avm/server/Cargo.toml
index 6c3d817c..87766c4b 100644
--- a/avm/server/Cargo.toml
+++ b/avm/server/Cargo.toml
@@ -24,10 +24,10 @@ polyplets = { version = "0.3.2", path = "../../crates/air-lib/polyplets" }
 avm-interface = { version = "0.26.1", path = "../../avm/interface" }
 
 eyre = "0.6.8"
-thiserror = "1.0.35"
+thiserror = "1.0.37"
 maplit = "1.0.2"
-serde_json = "1.0.85"
-serde = "1.0.144"
+serde_json = "1.0.86"
+serde = "1.0.145"
 log = "0.4.17"
 parking_lot = "0.12.1"
-tracing = "0.1.36"
+tracing = "0.1.37"
diff --git a/crates/air-lib/air-parser/Cargo.toml b/crates/air-lib/air-parser/Cargo.toml
index 18afa9ea..8fc25e0a 100644
--- a/crates/air-lib/air-parser/Cargo.toml
+++ b/crates/air-lib/air-parser/Cargo.toml
@@ -23,12 +23,12 @@ codespan-reporting = "0.11.1"
 multimap = "0.8.3"
 
 # TODO: hide serde behind a feature
-serde = { version = "1.0.144", features = ["rc", "derive"] }
-serde_json = "1.0.85"
+serde = { version = "1.0.145", features = ["rc", "derive"] }
+serde_json = "1.0.86"
 
-itertools = "0.10.4"
-thiserror = "1.0.35"
-tracing = "0.1.36"
+itertools = "0.10.5"
+thiserror = "1.0.37"
+tracing = "0.1.37"
 
 [dev-dependencies]
 fstrings = "0.2.3"
diff --git a/crates/air-lib/interpreter-data/Cargo.toml b/crates/air-lib/interpreter-data/Cargo.toml
index 31264e47..1cc2bef2 100644
--- a/crates/air-lib/interpreter-data/Cargo.toml
+++ b/crates/air-lib/interpreter-data/Cargo.toml
@@ -17,8 +17,8 @@ path = "src/lib.rs"
 air-utils = { path = "../utils" }
 air-parser = { path = "../air-parser" }
 
-serde = {version = "1.0.144", features = ["derive", "rc"]}
-serde_json = "1.0.85"
+serde = {version = "1.0.145", features = ["derive", "rc"]}
+serde_json = "1.0.86"
 semver = { version = "1.0.14", features = ["serde"] }
-once_cell = "1.14.0"
-tracing = "0.1.36"
+once_cell = "1.15.0"
+tracing = "0.1.37"
diff --git a/crates/air-lib/interpreter-interface/Cargo.toml b/crates/air-lib/interpreter-interface/Cargo.toml
index bf0f236e..77c781cc 100644
--- a/crates/air-lib/interpreter-interface/Cargo.toml
+++ b/crates/air-lib/interpreter-interface/Cargo.toml
@@ -19,8 +19,8 @@ path = "src/lib.rs"
 marine-rs-sdk = { version = "0.7.1", optional = true }
 fluence-it-types = { version = "0.3.2", optional = true }
 
-serde = "1.0.144"
-serde_json = "1.0.85"
+serde = "1.0.145"
+serde_json = "1.0.86"
 
 [features]
 default = ["marine"]
diff --git a/crates/air-lib/lambda/ast/Cargo.toml b/crates/air-lib/lambda/ast/Cargo.toml
index 0999dd54..fdcf932c 100644
--- a/crates/air-lib/lambda/ast/Cargo.toml
+++ b/crates/air-lib/lambda/ast/Cargo.toml
@@ -15,7 +15,7 @@ path = "src/lib.rs"
 
 [dependencies]
 non-empty-vec = { version = "0.2.3", features = ["serde"] }
-itertools = "0.10.4"
+itertools = "0.10.5"
 
-serde = { version = "1.0.144", features = ["rc", "derive"] }
-serde_json = "1.0.85"
+serde = { version = "1.0.145", features = ["rc", "derive"] }
+serde_json = "1.0.86"
diff --git a/crates/air-lib/lambda/parser/Cargo.toml b/crates/air-lib/lambda/parser/Cargo.toml
index 94487a9f..5555eb6f 100644
--- a/crates/air-lib/lambda/parser/Cargo.toml
+++ b/crates/air-lib/lambda/parser/Cargo.toml
@@ -26,8 +26,8 @@ codespan-reporting = "0.11.1"
 multimap = "0.8.3"
 
 # TODO: hide serde behind a feature
-serde = { version = "1.0.144", features = ["rc", "derive"] }
-serde_json = "1.0.85"
+serde = { version = "1.0.145", features = ["rc", "derive"] }
+serde_json = "1.0.86"
 
-itertools = "0.10.4"
-thiserror = "1.0.35"
+itertools = "0.10.5"
+thiserror = "1.0.37"
diff --git a/crates/air-lib/polyplets/Cargo.toml b/crates/air-lib/polyplets/Cargo.toml
index 1a266714..d7485733 100644
--- a/crates/air-lib/polyplets/Cargo.toml
+++ b/crates/air-lib/polyplets/Cargo.toml
@@ -19,4 +19,4 @@ path = "src/lib.rs"
 marine-macro = "0.7.1"
 marine-rs-sdk-main = "0.7.1"
 
-serde = { version = "1.0.144", features = ["rc", "derive"] }
+serde = { version = "1.0.145", features = ["rc", "derive"] }
diff --git a/crates/air-lib/test-utils/Cargo.toml b/crates/air-lib/test-utils/Cargo.toml
index 63920bc1..44fb8dcb 100644
--- a/crates/air-lib/test-utils/Cargo.toml
+++ b/crates/air-lib/test-utils/Cargo.toml
@@ -22,9 +22,9 @@ marine-rs-sdk = "0.7.1"
 
 fstrings = "0.2.3"
 object-pool = "0.5.4"
-once_cell = "1.14.0"
+once_cell = "1.15.0"
 semver = "1.0.14"
-serde_json = "1.0.85"
+serde_json = "1.0.86"
 
 [features]
 test_with_native_code = []
diff --git a/crates/air-lib/trace-handler/Cargo.toml b/crates/air-lib/trace-handler/Cargo.toml
index cc5a2df4..97a559fb 100644
--- a/crates/air-lib/trace-handler/Cargo.toml
+++ b/crates/air-lib/trace-handler/Cargo.toml
@@ -19,7 +19,7 @@ air-log-targets = { path = "../log-targets" }
 air-parser = { path = "../air-parser" }
 
 bimap = "0.6.2"
-serde_json = "1.0.85"
+serde_json = "1.0.86"
 log = "0.4.17"
-thiserror = "1.0.35"
-tracing = "0.1.36"
+thiserror = "1.0.37"
+tracing = "0.1.37"
diff --git a/crates/beautifier/Cargo.toml b/crates/beautifier/Cargo.toml
index b7e70196..8c31114a 100644
--- a/crates/beautifier/Cargo.toml
+++ b/crates/beautifier/Cargo.toml
@@ -15,5 +15,5 @@ path = "src/lib.rs"
 
 [dependencies]
 air-parser = { version = "0.7.1", path = "../air-lib/air-parser" }
-itertools = "0.10.4"
-thiserror = "1.0.35"
+itertools = "0.10.5"
+thiserror = "1.0.37"
diff --git a/crates/data-store/Cargo.toml b/crates/data-store/Cargo.toml
index 1ea0c833..20a0d31a 100644
--- a/crates/data-store/Cargo.toml
+++ b/crates/data-store/Cargo.toml
@@ -16,8 +16,8 @@ name = "avm_data_store"
 path = "src/lib.rs"
 
 [dependencies]
-serde = { version = "1.0.144", features = ["derive"] }
+serde = { version = "1.0.145", features = ["derive"] }
 serde_bytes = "0.11.7"
 
 [dev-dependencies]
-serde_json = "1.0.85"
+serde_json = "1.0.86"
diff --git a/crates/testing-framework/Cargo.toml b/crates/testing-framework/Cargo.toml
index 8420bffe..0e7b7b9a 100644
--- a/crates/testing-framework/Cargo.toml
+++ b/crates/testing-framework/Cargo.toml
@@ -17,11 +17,11 @@ path = "src/lib.rs"
 air-test-utils = { path = "../air-lib/test-utils" }
 air-parser = { path = "../air-lib/air-parser" }
 
-itertools = "0.10.4"
+itertools = "0.10.5"
 strum = { version="0.24.1", features=["derive"] }
 nom = "7.1.1"
 nom_locate = "4.0.0"
-serde_json = "1.0.85"
+serde_json = "1.0.86"
 
 [dev-dependencies]
 maplit = "1.0.2"
diff --git a/tools/cli/air-beautify/Cargo.toml b/tools/cli/air-beautify/Cargo.toml
index 09b47fb4..a7eb8aa6 100644
--- a/tools/cli/air-beautify/Cargo.toml
+++ b/tools/cli/air-beautify/Cargo.toml
@@ -10,5 +10,5 @@ keywords = ["fluence", "air", "beautifier"]
 
 [dependencies]
 air-beautifier = { path = "../../../crates/beautifier" }
-clap = { version = "4.0.2", features = ["derive"] }
+clap = { version = "4.0.15", features = ["derive"] }
 anyhow = "1.0.65"
diff --git a/tools/cli/air-trace/Cargo.toml b/tools/cli/air-trace/Cargo.toml
index a2477770..bf3c7238 100644
--- a/tools/cli/air-trace/Cargo.toml
+++ b/tools/cli/air-trace/Cargo.toml
@@ -16,11 +16,11 @@ avm-data-store = { path = "../../../crates/data-store" }
 avm-interface = { path = "../../../avm/interface" }
 
 anyhow = "1.0.65"
-clap = { version = "4.0.2", features = ["derive", "env"] }
-itertools = "0.10.4"
-serde = { version = "1.0.144", features = ["derive"] }
-serde_json = "1.0.85"
-tracing-subscriber = { version = "0.3.15", default-features = false, features = [ "env-filter", "json", "smallvec", "time", "fmt" ] }
+clap = { version = "4.0.15", features = ["derive", "env"] }
+itertools = "0.10.5"
+serde = { version = "1.0.145", features = ["derive"] }
+serde_json = "1.0.86"
+tracing-subscriber = { version = "0.3.16", default-features = false, features = [ "env-filter", "json", "smallvec", "time", "fmt" ] }
 
 [features]
 default = ["wasm"]