diff --git a/Cargo.lock b/Cargo.lock
index 3dd2124296b..18b2a9a947a 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4804,27 +4804,38 @@ dependencies = [
 
 [[package]]
 name = "semver"
-version = "1.0.26"
+version = "1.0.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "56e6fa9c48d24d85fb3de5ad847117517440f6beceb7798af16b4a87d616b8d0"
+checksum = "d767eb0aabc880b29956c35734170f26ed551a859dbd361d140cdbeca61ab1e2"
 dependencies = [
  "serde",
+ "serde_core",
 ]
 
 [[package]]
 name = "serde"
-version = "1.0.219"
+version = "1.0.224"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5f0e2c6ed6606019b4e29e69dbaba95b11854410e5347d525002456dbbb786b6"
+checksum = "6aaeb1e94f53b16384af593c71e20b095e958dab1d26939c1b70645c5cfbcc0b"
+dependencies = [
+ "serde_core",
+ "serde_derive",
+]
+
+[[package]]
+name = "serde_core"
+version = "1.0.224"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "32f39390fa6346e24defbcdd3d9544ba8a19985d0af74df8501fbfe9a64341ab"
 dependencies = [
  "serde_derive",
 ]
 
 [[package]]
 name = "serde_derive"
-version = "1.0.219"
+version = "1.0.224"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5b0276cf7f2c73365f7157c8123c21cd9a50fbbd844757af28ca1f5925fc2a00"
+checksum = "87ff78ab5e8561c9a675bfc1785cb07ae721f0ee53329a595cefd8c04c2ac4e0"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/chain/ethereum/Cargo.toml b/chain/ethereum/Cargo.toml
index 5ea3a97a00c..ee350ea69a7 100644
--- a/chain/ethereum/Cargo.toml
+++ b/chain/ethereum/Cargo.toml
@@ -13,7 +13,7 @@ prost-types = { workspace = true }
 anyhow = "1.0"
 tiny-keccak = "1.5.0"
 hex = "0.4.3"
-semver = "1.0.26"
+semver = "1.0.27"
 thiserror = { workspace = true }
 
 itertools = "0.14.0"
diff --git a/chain/substreams/Cargo.toml b/chain/substreams/Cargo.toml
index ec4b06a3b17..80293945879 100644
--- a/chain/substreams/Cargo.toml
+++ b/chain/substreams/Cargo.toml
@@ -15,7 +15,7 @@ prost = { workspace = true }
 prost-types = { workspace = true }
 anyhow = "1.0"
 hex = "0.4.3"
-semver = "1.0.26"
+semver = "1.0.27"
 base64 = "0.22.1"
 
 [dev-dependencies]
diff --git a/graph/Cargo.toml b/graph/Cargo.toml
index 14f5b5b8de6..84d6d4c4e89 100644
--- a/graph/Cargo.toml
+++ b/graph/Cargo.toml
@@ -45,7 +45,7 @@ num-traits = "=0.2.19"
 rand.workspace = true
 redis = { workspace = true }
 regex = "1.5.4"
-semver = { version = "1.0.26", features = ["serde"] }
+semver = { version = "1.0.27", features = ["serde"] }
 serde = { workspace = true }
 serde_derive = { workspace = true }
 serde_json = { workspace = true }
diff --git a/runtime/wasm/Cargo.toml b/runtime/wasm/Cargo.toml
index b6df70d6bea..d82df81c164 100644
--- a/runtime/wasm/Cargo.toml
+++ b/runtime/wasm/Cargo.toml
@@ -10,7 +10,7 @@ hex = "0.4.3"
 graph = { path = "../../graph" }
 bs58 = "0.4.0"
 graph-runtime-derive = { path = "../derive" }
-semver = "1.0.26"
+semver = "1.0.27"
 anyhow = "1.0"
 never = "0.1"