diff --git a/Cargo.lock b/Cargo.lock
index 0aaac540b..aca651f39 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4856,10 +4856,11 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.217"
+version = "1.0.228"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "02fc4265df13d6fa1d00ecff087228cc0a2b5f3c0e87e258d8b94a156e984c70"
+checksum = "9a8e94ea7f378bd32cbbd37198a4a91436180c5bb472411e48b5ec2e2124ae9e"
 dependencies = [
+ "serde_core",
  "serde_derive",
 ]
 
@@ -4872,11 +4873,20 @@ dependencies = [
  "serde",
 ]
 
+[[package]]
+name = "serde_core"
+version = "1.0.228"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "41d385c7d4ca58e59fc732af25c3983b67ac852c1a25000afe1175de458b67ad"
+dependencies = [
+ "serde_derive",
+]
+
 [[package]]
 name = "serde_derive"
-version = "1.0.217"
+version = "1.0.228"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5a9bf7cf98d04a2b28aead066b7496853d4779c9cc183c440dbac457641e19a0"
+checksum = "d540f220d3187173da220f885ab66608367b6574e925011a9353e4badda91d79"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/governance/addin-mock/program/Cargo.toml b/governance/addin-mock/program/Cargo.toml
index 589aa85ff..fed8bd093 100644
--- a/governance/addin-mock/program/Cargo.toml
+++ b/governance/addin-mock/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "1.5.3"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 solana-program = "2.1.0"
 spl-token = { version = "7.0", path = "../../../token/program", features = [
diff --git a/governance/chat/program/Cargo.toml b/governance/chat/program/Cargo.toml
index 5e3b36e58..7ec5f0a5f 100644
--- a/governance/chat/program/Cargo.toml
+++ b/governance/chat/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "1.5.3"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 solana-program = "2.1.0"
 spl-token = { version = "7.0", path = "../../../token/program", features = [
diff --git a/governance/program/Cargo.toml b/governance/program/Cargo.toml
index e85f57e81..c46be77e7 100644
--- a/governance/program/Cargo.toml
+++ b/governance/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "1.5.3"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 solana-program = "2.1.0"
 spl-token = { version = "7.0", path = "../../token/program", features = [
diff --git a/governance/test-sdk/Cargo.toml b/governance/test-sdk/Cargo.toml
index af15d1fda..e035cc090 100644
--- a/governance/test-sdk/Cargo.toml
+++ b/governance/test-sdk/Cargo.toml
@@ -14,7 +14,7 @@ borsh = "1.5.3"
 lazy_static = "1.5.0"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 solana-program = "2.1.0"
 solana-program-test = "2.1.0"
diff --git a/governance/tools/Cargo.toml b/governance/tools/Cargo.toml
index bf8cdedef..ffea260eb 100644
--- a/governance/tools/Cargo.toml
+++ b/governance/tools/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.2"
 borsh = "1.5.3"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 solana-program = "2.1.0"
 spl-token = { version = "7.0", path = "../../token/program", features = [
diff --git a/libraries/pod/Cargo.toml b/libraries/pod/Cargo.toml
index ccfc8ba3b..e0dede0e3 100644
--- a/libraries/pod/Cargo.toml
+++ b/libraries/pod/Cargo.toml
@@ -17,7 +17,7 @@ bytemuck = { version = "1.21.0" }
 bytemuck_derive = { version = "1.8.1" }
 num-derive = "0.4"
 num-traits = "0.2"
-serde = { version = "1.0.217", optional = true }
+serde = { version = "1.0.228", optional = true }
 solana-decode-error = "2.1.0"
 solana-msg = "2.1.0"
 solana-program-error = "2.1.0"
diff --git a/libraries/tlv-account-resolution/Cargo.toml b/libraries/tlv-account-resolution/Cargo.toml
index e95642cd4..2612600b2 100644
--- a/libraries/tlv-account-resolution/Cargo.toml
+++ b/libraries/tlv-account-resolution/Cargo.toml
@@ -15,7 +15,7 @@ test-sbf = []
 bytemuck = { version = "1.21.0", features = ["derive"] }
 num-derive = "0.4"
 num-traits = "0.2"
-serde = { version = "1.0.217", optional = true }
+serde = { version = "1.0.228", optional = true }
 solana-account-info = "2.1.0"
 solana-decode-error = "2.1.0"
 solana-instruction = { version = "2.1.0", features = ["std"] }
diff --git a/single-pool/cli/Cargo.toml b/single-pool/cli/Cargo.toml
index c601d934e..de4415e01 100644
--- a/single-pool/cli/Cargo.toml
+++ b/single-pool/cli/Cargo.toml
@@ -13,7 +13,7 @@ clap = { version = "3.2.23", features = ["derive"] }
 console = "0.15.10"
 borsh = "1.5.3"
 bincode = "1.3.1"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 serde_json = "1.0.135"
 serde_with = "3.12.0"
diff --git a/slashing/program/Cargo.toml b/slashing/program/Cargo.toml
index fd135217b..97b0498ff 100644
--- a/slashing/program/Cargo.toml
+++ b/slashing/program/Cargo.toml
@@ -20,7 +20,7 @@ bincode = "1.3.3"
 num-derive = "0.4"
 num-traits = "0.2"
 solana-program = "2.1.0"
-serde = "1.0.217" # must match the serde_derive version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
+serde = "1.0.228" # must match the serde_derive version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
 serde_bytes = "0.11.15"
 serde_derive = "1.0.210" # must match the serde version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
 serde_with = { version = "3.12.0", default-features = false }
diff --git a/stake-pool/cli/Cargo.toml b/stake-pool/cli/Cargo.toml
index c902d1177..6d5cf1748 100644
--- a/stake-pool/cli/Cargo.toml
+++ b/stake-pool/cli/Cargo.toml
@@ -11,7 +11,7 @@ version = "2.0.0"
 [dependencies]
 borsh = "1.5.3"
 clap = "2.33.3"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.130"
 serde_json = "1.0.135"
 solana-account-decoder = "2.1.0"
diff --git a/stake-pool/program/Cargo.toml b/stake-pool/program/Cargo.toml
index 59710cc25..d997e0386 100644
--- a/stake-pool/program/Cargo.toml
+++ b/stake-pool/program/Cargo.toml
@@ -18,7 +18,7 @@ bytemuck = "1.21"
 num-derive = "0.4"
 num-traits = "0.2"
 num_enum = "0.7.3"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 solana-program = "2.1.0"
 solana-security-txt = "1.1.1"
diff --git a/token-metadata/interface/Cargo.toml b/token-metadata/interface/Cargo.toml
index c904c15a9..673ea11da 100644
--- a/token-metadata/interface/Cargo.toml
+++ b/token-metadata/interface/Cargo.toml
@@ -14,7 +14,7 @@ serde-traits = ["dep:serde", "spl-pod/serde-traits"]
 borsh = "1.5.3"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = { version = "1.0.217", optional = true }
+serde = { version = "1.0.228", optional = true }
 solana-borsh = "2.1.0"
 solana-decode-error = "2.1.0"
 solana-instruction = "2.1.0"
diff --git a/token/cli/Cargo.toml b/token/cli/Cargo.toml
index 1620c5eaa..93124a811 100644
--- a/token/cli/Cargo.toml
+++ b/token/cli/Cargo.toml
@@ -16,7 +16,7 @@ base64 = "0.22.1"
 clap = "3.2.23"
 console = "0.15.10"
 futures = "0.3"
-serde = "1.0.217"
+serde = "1.0.228"
 serde_derive = "1.0.103"
 serde_json = "1.0.135"
 solana-account-decoder = "2.1.0"
diff --git a/token/program-2022/Cargo.toml b/token/program-2022/Cargo.toml
index a6b72df1a..42d9c55d3 100644
--- a/token/program-2022/Cargo.toml
+++ b/token/program-2022/Cargo.toml
@@ -36,7 +36,7 @@ spl-transfer-hook-interface = { version = "0.9.0", path = "../transfer-hook/inte
 spl-type-length-value = { version = "0.7.0", path = "../../libraries/type-length-value" }
 spl-pod = { version = "0.5.0", path = "../../libraries/pod" }
 thiserror = "2.0"
-serde = { version = "1.0.217", optional = true }
+serde = { version = "1.0.228", optional = true }
 serde_with = { version = "3.12.0", optional = true }
 base64 = { version = "0.22.1", optional = true }
 
diff --git a/token/transfer-hook/cli/Cargo.toml b/token/transfer-hook/cli/Cargo.toml
index a3dffbbba..789ffdab1 100644
--- a/token/transfer-hook/cli/Cargo.toml
+++ b/token/transfer-hook/cli/Cargo.toml
@@ -22,7 +22,7 @@ spl-transfer-hook-interface = { version = "0.9.0", path = "../interface" }
 strum = "0.26"
 strum_macros = "0.26"
 tokio = { version = "1", features = ["full"] }
-serde = { version = "1.0.217", features = ["derive"] }
+serde = { version = "1.0.228", features = ["derive"] }
 serde_json = "1.0.135"
 serde_yaml = "0.9.34"