diff --git a/Cargo.lock b/Cargo.lock
index 8ac427ba02..e04dc21119 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -9475,9 +9475,9 @@ checksum = "1f3ccbac311fea05f86f61904b462b55fb3df8837a366dfc601a0161d0532f20"
 
 [[package]]
 name = "tokio"
-version = "1.36.0"
+version = "1.37.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "61285f6515fa018fb2d1e46eb21223fff441ee8db5d0f1435e8ab4f5cdb80931"
+checksum = "1adbebffeca75fcfd058afa480fb6c0b81e165a0323f9c9d39c9697e37c46787"
 dependencies = [
  "backtrace",
  "bytes",
diff --git a/relays/client-substrate/Cargo.toml b/relays/client-substrate/Cargo.toml
index 8c02c82b5f..51e3edefaf 100644
--- a/relays/client-substrate/Cargo.toml
+++ b/relays/client-substrate/Cargo.toml
@@ -19,7 +19,7 @@ log = { workspace = true }
 num-traits = "0.2"
 rand = "0.8"
 scale-info = { version = "2.11.1", features = ["derive"] }
-tokio = { version = "1.36", features = ["rt-multi-thread"] }
+tokio = { version = "1.37", features = ["rt-multi-thread"] }
 thiserror = { workspace = true }
 
 # Bridge dependencies
diff --git a/relays/utils/Cargo.toml b/relays/utils/Cargo.toml
index bc894b34e4..13fda47735 100644
--- a/relays/utils/Cargo.toml
+++ b/relays/utils/Cargo.toml
@@ -24,7 +24,7 @@ num-traits = "0.2"
 serde_json = { workspace = true, default-features = true }
 sysinfo = "0.30"
 time = { version = "0.3", features = ["formatting", "local-offset", "std"] }
-tokio = { version = "1.36", features = ["rt"] }
+tokio = { version = "1.37", features = ["rt"] }
 thiserror = { workspace = true }
 
 # Bridge dependencies