diff --git a/Cargo.lock b/Cargo.lock
index f82343e442a89..4a96194557630 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1006,18 +1006,18 @@ checksum = "8aebca1129a03dc6dc2b127edd729435bbc4a37e1d5f4d7513165089ceb02634"
 
 [[package]]
 name = "cranelift-bforest"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b27bbd3e6c422cf6282b047bcdd51ecd9ca9f3497a3be0132ffa08e509b824b0"
+checksum = "52056f6d0584484b57fa6c1a65c1fcb15f3780d8b6a758426d9e3084169b2ddd"
 dependencies = [
  "cranelift-entity",
 ]
 
 [[package]]
 name = "cranelift-codegen"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "872f5d4557a411b087bd731df6347c142ae1004e6467a144a7e33662e5715a01"
+checksum = "18fed94c8770dc25d01154c3ffa64ed0b3ba9d583736f305fed7beebe5d9cf74"
 dependencies = [
  "arrayvec 0.7.2",
  "bumpalo",
@@ -1035,33 +1035,33 @@ dependencies = [
 
 [[package]]
 name = "cranelift-codegen-meta"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "21b49fdebb29c62c1fc4da1eeebd609e9d530ecde24a9876def546275f73a244"
+checksum = "1c451b81faf237d11c7e4f3165eeb6bac61112762c5cfe7b4c0fb7241474358f"
 dependencies = [
  "cranelift-codegen-shared",
 ]
 
 [[package]]
 name = "cranelift-codegen-shared"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5fc0c091e2db055d4d7f6b7cec2d2ead286bcfaea3357c6a52c2a2613a8cb5ac"
+checksum = "e7c940133198426d26128f08be2b40b0bd117b84771fd36798969c4d712d81fc"
 
 [[package]]
 name = "cranelift-entity"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "354a9597be87996c9b278655e68b8447f65dd907256855ad773864edee8d985c"
+checksum = "87a0f1b2fdc18776956370cf8d9b009ded3f855350c480c1c52142510961f352"
 dependencies = [
  "serde",
 ]
 
 [[package]]
 name = "cranelift-frontend"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0cd8dd3fb8b82c772f4172e87ae1677b971676fffa7c4e3398e3047e650a266b"
+checksum = "34897538b36b216cc8dd324e73263596d51b8cf610da6498322838b2546baf8a"
 dependencies = [
  "cranelift-codegen",
  "log",
@@ -1071,15 +1071,15 @@ dependencies = [
 
 [[package]]
 name = "cranelift-isle"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b82527802b1f7d8da288adc28f1dc97ea52943f5871c041213f7b5035ac698a7"
+checksum = "1b2629a569fae540f16a76b70afcc87ad7decb38dc28fa6c648ac73b51e78470"
 
 [[package]]
 name = "cranelift-native"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c30ba8b910f1be023af0c39109cb28a8809734942a6b3eecbf2de8993052ea5e"
+checksum = "20937dab4e14d3e225c5adfc9c7106bafd4ac669bdb43027b911ff794c6fb318"
 dependencies = [
  "cranelift-codegen",
  "libc",
@@ -1088,9 +1088,9 @@ dependencies = [
 
 [[package]]
 name = "cranelift-wasm"
-version = "0.88.0"
+version = "0.88.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "776a8916d201894aca9637a20814f1e11abc62acd5cfbe0b4eb2e63922756971"
+checksum = "80fc2288957a94fd342a015811479de1837850924166d1f1856d8406e6f3609b"
 dependencies = [
  "cranelift-codegen",
  "cranelift-entity",
@@ -10665,9 +10665,9 @@ dependencies = [
 
 [[package]]
 name = "trybuild"
-version = "1.0.60"
+version = "1.0.74"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0da18123d1316f5a65fc9b94e30a0fcf58afb1daff1b8e18f41dc30f5bfc38c8"
+checksum = "654bfc024d30963fce210f22f98956407fe8c8365eb85a1fa530f6f8844137ed"
 dependencies = [
  "dissimilar",
  "glob",
@@ -11103,9 +11103,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8a10dc9784d8c3a33c970e3939180424955f08af2e7f20368ec02685a0e8f065"
+checksum = "4ad5af6ba38311282f2a21670d96e78266e8c8e2f38cbcd52c254df6ccbc7731"
 dependencies = [
  "anyhow",
  "bincode",
@@ -11131,18 +11131,18 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-asm-macros"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ee4dbdc6daf68528cad1275ac91e3f51848ce9824385facc94c759f529decdf8"
+checksum = "45de63ddfc8b9223d1adc8f7b2ee5f35d1f6d112833934ad7ea66e4f4339e597"
 dependencies = [
  "cfg-if",
 ]
 
 [[package]]
 name = "wasmtime-cache"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9f507f3fa1ee1b2f9a83644e2514242b1dfe580782c0eb042f1ef70255bc4ffe"
+checksum = "bcd849399d17d2270141cfe47fa0d91ee52d5f8ea9b98cf7ddde0d53e5f79882"
 dependencies = [
  "anyhow",
  "base64",
@@ -11160,9 +11160,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-cranelift"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8f03cf79d982fc68e94ba0bea6a300a3b94621c4eb9705eece0a4f06b235a3b5"
+checksum = "4bd91339b742ff20bfed4532a27b73c86b5bcbfedd6bea2dcdf2d64471e1b5c6"
 dependencies = [
  "anyhow",
  "cranelift-codegen",
@@ -11181,9 +11181,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-environ"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5c587c62e91c5499df62012b87b88890d0eb470b2ffecc5964e9da967b70c77c"
+checksum = "ebb881c61f4f627b5d45c54e629724974f8a8890d455bcbe634330cc27309644"
 dependencies = [
  "anyhow",
  "cranelift-entity",
@@ -11200,9 +11200,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-jit"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "047839b5dabeae5424a078c19b8cc897e5943a7fadc69e3d888b9c9a897666b3"
+checksum = "1985c628011fe26adf5e23a5301bdc79b245e0e338f14bb58b39e4e25e4d8681"
 dependencies = [
  "addr2line 0.17.0",
  "anyhow",
@@ -11225,9 +11225,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-jit-debug"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b299569abf6f99b7b8e020afaf84a700e8636c6a42e242069267322cd5818235"
+checksum = "f671b588486f5ccec8c5a3dba6b4c07eac2e66ab8c60e6f4e53717c77f709731"
 dependencies = [
  "object 0.29.0",
  "once_cell",
@@ -11236,9 +11236,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-runtime"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ae79e0515160bd5abee5df50a16c4eb8db9f71b530fc988ae1d9ce34dcb8dd01"
+checksum = "ee8f92ad4b61736339c29361da85769ebc200f184361959d1792832e592a1afd"
 dependencies = [
  "anyhow",
  "cc",
@@ -11261,9 +11261,9 @@ dependencies = [
 
 [[package]]
 name = "wasmtime-types"
-version = "1.0.0"
+version = "1.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "790cf43ee8e2d5dad1780af30f00d7a972b74725fb1e4f90c28d62733819b185"
+checksum = "d23d61cb4c46e837b431196dd06abb11731541021916d03476a178b54dc07aeb"
 dependencies = [
  "cranelift-entity",
  "serde",
diff --git a/client/executor/wasmtime/Cargo.toml b/client/executor/wasmtime/Cargo.toml
index 7e38929f05a13..1ac3b44b42446 100644
--- a/client/executor/wasmtime/Cargo.toml
+++ b/client/executor/wasmtime/Cargo.toml
@@ -19,7 +19,7 @@ log = "0.4.17"
 
 # When bumping wasmtime do not forget to also bump rustix
 # to exactly the same version as used by wasmtime!
-wasmtime = { version = "1.0.0", default-features = false, features = [
+wasmtime = { version = "1.0.2", default-features = false, features = [
 	"cache",
 	"cranelift",
 	"jitdump",
diff --git a/primitives/wasm-interface/Cargo.toml b/primitives/wasm-interface/Cargo.toml
index 1822ae43edb68..fef982fbd0a91 100644
--- a/primitives/wasm-interface/Cargo.toml
+++ b/primitives/wasm-interface/Cargo.toml
@@ -18,7 +18,7 @@ codec = { package = "parity-scale-codec", version = "3.0.0", default-features =
 impl-trait-for-tuples = "0.2.2"
 log = { version = "0.4.17", optional = true }
 wasmi = { version = "0.13", optional = true }
-wasmtime = { version = "1.0.0", default-features = false, optional = true }
+wasmtime = { version = "1.0.2", default-features = false, optional = true }
 sp-std = { version = "5.0.0", default-features = false, path = "../std" }
 
 [features]
diff --git a/test-utils/Cargo.toml b/test-utils/Cargo.toml
index cd4839fa1cbd7..1b98b23e0b254 100644
--- a/test-utils/Cargo.toml
+++ b/test-utils/Cargo.toml
@@ -18,5 +18,5 @@ tokio = { version = "1.22.0", features = ["macros", "time"] }
 substrate-test-utils-derive = { version = "0.10.0-dev", path = "./derive" }
 
 [dev-dependencies]
-trybuild = { version = "1.0.53", features = [ "diff" ] }
+trybuild = { version = "1.0.74", features = [ "diff" ] }
 sc-service = { version = "0.10.0-dev", path = "../client/service" }