diff --git a/package.json b/package.json
index 999cf39e..545dd650 100644
--- a/package.json
+++ b/package.json
@@ -39,7 +39,7 @@
     "@nomiclabs/hardhat-etherscan": "3.1.8",
     "@nomiclabs/hardhat-waffle": "2.0.6",
     "@openzeppelin/contracts": "4.9.5",
-    "@openzeppelin/contracts-upgradeable": "4.9.5",
+    "@openzeppelin/contracts-upgradeable": "5.0.1",
     "@openzeppelin/hardhat-upgrades": "1.28.0",
     "@trivago/prettier-plugin-sort-imports": "4.3.0",
     "@typechain/ethers-v5": "11.1.2",
diff --git a/yarn.lock b/yarn.lock
index a7cee6f9..00d53936 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2539,10 +2539,10 @@
   resolved "https://registry.yarnpkg.com/@nomiclabs/hardhat-waffle/-/hardhat-waffle-2.0.6.tgz#d11cb063a5f61a77806053e54009c40ddee49a54"
   integrity sha512-+Wz0hwmJGSI17B+BhU/qFRZ1l6/xMW82QGXE/Gi+WTmwgJrQefuBs1lIf7hzQ1hLk6hpkvb/zwcNkpVKRYTQYg==
 
-"@openzeppelin/contracts-upgradeable@4.9.5":
-  version "4.9.5"
-  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts-upgradeable/-/contracts-upgradeable-4.9.5.tgz#572b5da102fc9be1d73f34968e0ca56765969812"
-  integrity sha512-f7L1//4sLlflAN7fVzJLoRedrf5Na3Oal5PZfIq55NFcVZ90EpV1q5xOvL4lFvg3MNICSDr2hH0JUBxwlxcoPg==
+"@openzeppelin/contracts-upgradeable@5.0.1":
+  version "5.0.1"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts-upgradeable/-/contracts-upgradeable-5.0.1.tgz#ebc163cbed2de6b8b69bff628261d18deb912a81"
+  integrity sha512-MvaLoPnVcoZr/qqZP+4cl9piuR4gg0iIGgxVSZ/AL1iId3M6IdEHzz9Naw5Lirl4KKBI6ciTVnX07yL4dOMIJg==
 
 "@openzeppelin/contracts@4.9.5":
   version "4.9.5"