diff --git a/Cargo.lock b/Cargo.lock
index 5bd77549f..b1fb27f94 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7375,9 +7375,9 @@ dependencies = [
 
 [[package]]
 name = "rayon"
-version = "1.8.0"
+version = "1.11.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9c27db03db7734835b3f53954b534c91069375ce6ccaa2e065441e07d9b6cdb1"
+checksum = "368f01d005bf8fd9b1206fb6fa653e6c4a81ceb1466406b81792d87c5677a58f"
 dependencies = [
  "either",
  "rayon-core",
@@ -7385,9 +7385,9 @@ dependencies = [
 
 [[package]]
 name = "rayon-core"
-version = "1.12.0"
+version = "1.13.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5ce3fb6ad83f861aac485e76e1985cd109d9a3713802152be56c3b1f0e0658ed"
+checksum = "22e18b0f0062d30d4230b2e85ff77fdfe4326feb054b9783a3460d8435c8ab91"
 dependencies = [
  "crossbeam-deque",
  "crossbeam-utils",
diff --git a/cli/Cargo.toml b/cli/Cargo.toml
index 71544bdde..d074427a5 100644
--- a/cli/Cargo.toml
+++ b/cli/Cargo.toml
@@ -15,7 +15,7 @@ libp2p-identity = { version = "=0.2.7", features = ["peerid"] }
 mina-p2p-messages = { workspace = true }
 num_cpus = "1.0"
 rand = "0.8.0"
-rayon = "1.5"
+rayon = "1.11"
 redux = { workspace = true }
 serde = "1.0.158"
 sha2 = "0.10"
diff --git a/ledger/Cargo.toml b/ledger/Cargo.toml
index e632287c2..1779e1544 100644
--- a/ledger/Cargo.toml
+++ b/ledger/Cargo.toml
@@ -51,7 +51,7 @@ ark-ff = { workspace = true }
 ark-poly = { version = "0.3.0", features = ["std"] }
 ark-serialize = { version = "0.3.0", features = ["std"] }
 
-rayon = "1.5"
+rayon = "1.11"
 
 bitvec = "1.0.0"
 hex = "0.4.3"
diff --git a/node/common/Cargo.toml b/node/common/Cargo.toml
index e37e5343d..cf38d4962 100644
--- a/node/common/Cargo.toml
+++ b/node/common/Cargo.toml
@@ -15,7 +15,7 @@ ledger = { workspace = true }
 mina-p2p-messages = { workspace = true }
 mina-signer = { workspace = true }
 rand = "0.8"
-rayon = "1.5"
+rayon = "1.11"
 serde = "1.0.158"
 serde_json = "1.0.94"
 sha3 = "0.10.8"
diff --git a/node/native/Cargo.toml b/node/native/Cargo.toml
index b8b02e9af..fdf33cc34 100644
--- a/node/native/Cargo.toml
+++ b/node/native/Cargo.toml
@@ -22,7 +22,7 @@ mina-signer = { workspace = true }
 nix = { version = "0.26.2", features = ["signal"] }
 o1-utils = { workspace = true }
 rand = "0.8"
-rayon = "1.5"
+rayon = "1.11"
 redux = { workspace = true, features = ["serializable_callbacks"] }
 reqwest = { version = "0.11.24", features = ["blocking", "json"] }
 serde = "1.0.158"
diff --git a/node/testing/Cargo.toml b/node/testing/Cargo.toml
index 92408aad0..f6e69ae38 100644
--- a/node/testing/Cargo.toml
+++ b/node/testing/Cargo.toml
@@ -41,7 +41,7 @@ multihash = "0.18.1"
 num_cpus = "1.0"
 postcard = { version = "1.0.9", features = ["use-std"] }
 rand = "0.8"
-rayon = "1.5"
+rayon = "1.11"
 redux = { workspace = true }
 serde = "1.0.147"
 serde_json = { version = "1.0.82", features = [
diff --git a/node/web/Cargo.toml b/node/web/Cargo.toml
index f35b4dedd..f04bdfd3a 100644
--- a/node/web/Cargo.toml
+++ b/node/web/Cargo.toml
@@ -10,7 +10,7 @@ crate-type = ["cdylib", "rlib"]
 [dependencies]
 derive_more = "0.99.17"
 rand = "0.8"
-rayon = "1.5"
+rayon = "1.11"
 serde = "1.0.158"
 serde_json = "1.0.94"
 # reqwest = { version = "0.11.24", features = ["json"] }
diff --git a/snark/Cargo.toml b/snark/Cargo.toml
index bf3309e1b..d2f775328 100644
--- a/snark/Cargo.toml
+++ b/snark/Cargo.toml
@@ -24,7 +24,7 @@ num-bigint = "0.4"
 once_cell = "1"
 poseidon = { workspace = true }
 rand = "0.8"
-rayon = "1.5"
+rayon = "1.11"
 redux = { workspace = true }
 serde = { version = "1.0", features = ["rc"] }
 serde_json = { version = "1.0", features = ["float_roundtrip"] }