diff --git a/pyproject.toml b/pyproject.toml
index 0f62338e..bb71eede 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -33,7 +33,7 @@ dependencies = [
     "aioresponses>=0.7.6",
     "aleph-superfluid>=0.2.1",
     "eth_typing==4.3.1",
-    "web3==6.3.0",
+    "web3==7.2.0",
 ]
 
 [project.optional-dependencies]