diff --git a/Cargo.lock b/Cargo.lock
index b4a74e70d10..4c50ff0cade 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4605,9 +4605,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.205"
+version = "1.0.206"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e33aedb1a7135da52b7c21791455563facbbcc43d0f0f66165b42c21b3dfb150"
+checksum = "5b3e4cd94123dd520a128bcd11e34d9e9e423e7e3e50425cb1b4b1e3549d0284"
 dependencies = [
  "serde_derive",
 ]
@@ -4623,9 +4623,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.205"
+version = "1.0.206"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "692d6f5ac90220161d6774db30c662202721e64aed9058d2c394f451261420c1"
+checksum = "fabfb6138d2383ea8208cf98ccf69cdfb1aff4088460681d84189aa259762f97"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/governance/addin-mock/program/Cargo.toml b/governance/addin-mock/program/Cargo.toml
index 8c2d5b66a4c..8f717a32cea 100644
--- a/governance/addin-mock/program/Cargo.toml
+++ b/governance/addin-mock/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "1.5.1"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 solana-program = "2.0.3"
 spl-token = { version = "6.0", path = "../../../token/program", features = [
diff --git a/governance/chat/program/Cargo.toml b/governance/chat/program/Cargo.toml
index 457cffdeddd..cbfae6cf144 100644
--- a/governance/chat/program/Cargo.toml
+++ b/governance/chat/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "1.5.1"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 solana-program = "2.0.3"
 spl-token = { version = "6.0", path = "../../../token/program", features = [
diff --git a/governance/program/Cargo.toml b/governance/program/Cargo.toml
index d1d0f699cdf..6c93bc77e12 100644
--- a/governance/program/Cargo.toml
+++ b/governance/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "1.5.1"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 solana-program = "2.0.3"
 spl-token = { version = "6.0", path = "../../token/program", features = [
diff --git a/governance/test-sdk/Cargo.toml b/governance/test-sdk/Cargo.toml
index bb5cb445054..d34410eb90f 100644
--- a/governance/test-sdk/Cargo.toml
+++ b/governance/test-sdk/Cargo.toml
@@ -14,7 +14,7 @@ borsh = "1.5.1"
 lazy_static = "1.5.0"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 solana-program = "2.0.3"
 solana-program-test = "2.0.3"
diff --git a/governance/tools/Cargo.toml b/governance/tools/Cargo.toml
index 0bf14305c9a..f6ab9f31760 100644
--- a/governance/tools/Cargo.toml
+++ b/governance/tools/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.2"
 borsh = "1.5.1"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 solana-program = "2.0.3"
 spl-token = { version = "6.0", path = "../../token/program", features = [
diff --git a/libraries/pod/Cargo.toml b/libraries/pod/Cargo.toml
index 8f22ae2072b..abca6d09cb5 100644
--- a/libraries/pod/Cargo.toml
+++ b/libraries/pod/Cargo.toml
@@ -16,7 +16,7 @@ base64 = { version = "0.22.1", optional = true }
 borsh = { version = "1.5.1", optional = true }
 bytemuck = { version = "1.16.3" }
 bytemuck_derive = { version = "1.7.0" }
-serde = { version = "1.0.205", optional = true }
+serde = { version = "1.0.206", optional = true }
 solana-program = "2.0.3"
 solana-zk-token-sdk = "2.0.3"
 spl-program-error = { version = "0.5.0", path = "../program-error" }
diff --git a/libraries/tlv-account-resolution/Cargo.toml b/libraries/tlv-account-resolution/Cargo.toml
index 2f285e7f1be..c67d001e1be 100644
--- a/libraries/tlv-account-resolution/Cargo.toml
+++ b/libraries/tlv-account-resolution/Cargo.toml
@@ -13,7 +13,7 @@ test-sbf = []
 
 [dependencies]
 bytemuck = { version = "1.16.3", features = ["derive"] }
-serde = { version = "1.0.205", optional = true }
+serde = { version = "1.0.206", optional = true }
 solana-program = "2.0.3"
 spl-discriminator = { version = "0.3.0", path = "../discriminator" }
 spl-program-error = { version = "0.5.0", path = "../program-error" }
diff --git a/single-pool/cli/Cargo.toml b/single-pool/cli/Cargo.toml
index 1b028ce5c46..98cf733044e 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 = "0.15.8"
 borsh = "1.5.1"
 bincode = "1.3.1"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 serde_json = "1.0.122"
 serde_with = "3.9.0"
diff --git a/stake-pool/cli/Cargo.toml b/stake-pool/cli/Cargo.toml
index 23b834075cb..8ba3b86efc3 100644
--- a/stake-pool/cli/Cargo.toml
+++ b/stake-pool/cli/Cargo.toml
@@ -11,7 +11,7 @@ version = "2.0.0"
 [dependencies]
 borsh = "1.5.1"
 clap = "2.33.3"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.130"
 serde_json = "1.0.122"
 solana-account-decoder = "2.0.3"
diff --git a/stake-pool/program/Cargo.toml b/stake-pool/program/Cargo.toml
index 6a658fe31ba..c23d0036e97 100644
--- a/stake-pool/program/Cargo.toml
+++ b/stake-pool/program/Cargo.toml
@@ -18,7 +18,7 @@ bytemuck = "1.16"
 num-derive = "0.4"
 num-traits = "0.2"
 num_enum = "0.7.3"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 solana-program = "2.0.3"
 solana-security-txt = "1.1.1"
diff --git a/token-metadata/interface/Cargo.toml b/token-metadata/interface/Cargo.toml
index cfc36d1ed4b..948ba184a56 100644
--- a/token-metadata/interface/Cargo.toml
+++ b/token-metadata/interface/Cargo.toml
@@ -12,7 +12,7 @@ serde-traits = ["dep:serde", "spl-pod/serde-traits"]
 
 [dependencies]
 borsh = "1.5.1"
-serde = { version = "1.0.205", optional = true }
+serde = { version = "1.0.206", optional = true }
 solana-program = "2.0.3"
 spl-discriminator = { version = "0.3.0", path = "../../libraries/discriminator" }
 spl-program-error = { version = "0.5.0", path = "../../libraries/program-error" }
diff --git a/token/cli/Cargo.toml b/token/cli/Cargo.toml
index 4ace73fac72..fe27ffb0f3c 100644
--- a/token/cli/Cargo.toml
+++ b/token/cli/Cargo.toml
@@ -16,7 +16,7 @@ base64 = "0.22.1"
 clap = "2.33.3"
 console = "0.15.8"
 futures = "0.3"
-serde = "1.0.205"
+serde = "1.0.206"
 serde_derive = "1.0.103"
 serde_json = "1.0.122"
 solana-account-decoder = "2.0.3"
diff --git a/token/program-2022/Cargo.toml b/token/program-2022/Cargo.toml
index 07b62183caf..627436fca9f 100644
--- a/token/program-2022/Cargo.toml
+++ b/token/program-2022/Cargo.toml
@@ -33,7 +33,7 @@ spl-transfer-hook-interface = { version = "0.7.0", path = "../transfer-hook/inte
 spl-type-length-value = { version = "0.5.0", path = "../../libraries/type-length-value" }
 spl-pod = { version = "0.3.0", path = "../../libraries/pod" }
 thiserror = "1.0"
-serde = { version = "1.0.205", optional = true }
+serde = { version = "1.0.206", optional = true }
 serde_with = { version = "3.9.0", 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 c5bace7e064..a26b27a4a24 100644
--- a/token/transfer-hook/cli/Cargo.toml
+++ b/token/transfer-hook/cli/Cargo.toml
@@ -22,7 +22,7 @@ spl-transfer-hook-interface = { version = "0.7.0", path = "../interface" }
 strum = "0.26"
 strum_macros = "0.26"
 tokio = { version = "1", features = ["full"] }
-serde = { version = "1.0.205", features = ["derive"] }
+serde = { version = "1.0.206", features = ["derive"] }
 serde_json = "1.0.122"
 serde_yaml = "0.9.34"