diff --git a/Cargo.lock b/Cargo.lock
index 10d804b72d1..512ebaea03f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -8464,9 +8464,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.38.0"
+version = "1.38.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ba4f4a02a7a80d6f274636f0aa95c7e383b912d41fe721a31f29e29698585a4a"
+checksum = "eb2caba9f80616f438e09748d5acda951967e1ea58508ef53d9c6402485a46df"
 dependencies = [
  "backtrace",
  "bytes",
diff --git a/token/transfer-hook/interface/Cargo.toml b/token/transfer-hook/interface/Cargo.toml
index c7985751e3e..66733a1026c 100644
--- a/token/transfer-hook/interface/Cargo.toml
+++ b/token/transfer-hook/interface/Cargo.toml
@@ -21,7 +21,7 @@ spl-pod = { version = "0.3.0", path = "../../../libraries/pod" }
 crate-type = ["cdylib", "lib"]
 
 [dev-dependencies]
-tokio = { version = "1.38.0", features = ["full"] }
+tokio = { version = "1.38.1", features = ["full"] }
 
 [package.metadata.docs.rs]
 targets = ["x86_64-unknown-linux-gnu"]