diff --git a/Cargo.lock b/Cargo.lock
index 7590192215f..2bdd50ba3a6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4444,9 +4444,9 @@ checksum = "bebd363326d05ec3e2f532ab7660680f3b02130d780c299bca73469d521bc0ed"
 
 [[package]]
 name = "serde"
-version = "1.0.188"
+version = "1.0.189"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf9e0fcba69a370eed61bcf2b728575f726b50b55cba78064753d708ddc7549e"
+checksum = "8e422a44e74ad4001bdc8eede9a4570ab52f71190e9c076d14369f38b9200537"
 dependencies = [
  "serde_derive",
 ]
@@ -4462,9 +4462,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.188"
+version = "1.0.189"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4eca7ac642d82aa35b60049a6eccb4be6be75e599bd2e9adb5f875a737654af2"
+checksum = "1e48d1f918009ce3145511378cf68d613e3b3d9137d67272562080d68a2b32d5"
 dependencies = [
  "proc-macro2 1.0.63",
  "quote 1.0.29",
diff --git a/governance/addin-mock/program/Cargo.toml b/governance/addin-mock/program/Cargo.toml
index fc399f3344b..de665b0f283 100644
--- a/governance/addin-mock/program/Cargo.toml
+++ b/governance/addin-mock/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "0.10"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 solana-program = "1.16.16"
 spl-token = { version = "4.0", path = "../../../token/program", features = [ "no-entrypoint" ] }
diff --git a/governance/chat/program/Cargo.toml b/governance/chat/program/Cargo.toml
index 249317d1884..bbd365ab1b8 100644
--- a/governance/chat/program/Cargo.toml
+++ b/governance/chat/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "0.10"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 solana-program = "1.16.16"
 spl-token = { version = "4.0", path = "../../../token/program", features = [
diff --git a/governance/program/Cargo.toml b/governance/program/Cargo.toml
index b6282bd84e3..766979fc987 100644
--- a/governance/program/Cargo.toml
+++ b/governance/program/Cargo.toml
@@ -17,7 +17,7 @@ bincode = "1.3.2"
 borsh = "0.10"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 solana-program = "1.16.16"
 spl-token = { version = "4.0", path = "../../token/program", features = [ "no-entrypoint" ] }
diff --git a/governance/test-sdk/Cargo.toml b/governance/test-sdk/Cargo.toml
index 640073005b6..ecdcd37fe2c 100644
--- a/governance/test-sdk/Cargo.toml
+++ b/governance/test-sdk/Cargo.toml
@@ -14,7 +14,7 @@ borsh = "0.10"
 lazy_static = "1.4.0"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 solana-program = "1.16.16"
 solana-program-test = "1.16.16"
diff --git a/governance/tools/Cargo.toml b/governance/tools/Cargo.toml
index eb5033f503a..7ad8047fba4 100644
--- a/governance/tools/Cargo.toml
+++ b/governance/tools/Cargo.toml
@@ -13,7 +13,7 @@ bincode = "1.3.2"
 borsh = "0.10"
 num-derive = "0.4"
 num-traits = "0.2"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 solana-program = "1.16.16"
 spl-token = { version = "4.0", path = "../../token/program", features = [ "no-entrypoint" ] }
diff --git a/libraries/pod/Cargo.toml b/libraries/pod/Cargo.toml
index f189152c59e..8ef07cf6a21 100644
--- a/libraries/pod/Cargo.toml
+++ b/libraries/pod/Cargo.toml
@@ -15,7 +15,7 @@ borsh = ["dep:borsh"]
 base64 = { version = "0.21.4", optional = true }
 borsh = { version = "0.10", optional = true }
 bytemuck = { version = "1.14.0" }
-serde = { version = "1.0.183", optional = true }
+serde = { version = "1.0.189", optional = true }
 solana-program = "1.16.16"
 solana-zk-token-sdk = "1.16.16"
 spl-program-error = { version = "0.3", path = "../program-error" }
diff --git a/single-pool/cli/Cargo.toml b/single-pool/cli/Cargo.toml
index 9862a0603e1..2113a6bb41d 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 = "0.15.7"
 borsh = "0.10"
 bincode = "1.3.1"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 serde_json = "1.0.107"
 serde_with = "3.3.0"
diff --git a/stake-pool/cli/Cargo.toml b/stake-pool/cli/Cargo.toml
index 539f6b46d46..4674b6b169f 100644
--- a/stake-pool/cli/Cargo.toml
+++ b/stake-pool/cli/Cargo.toml
@@ -11,7 +11,7 @@ version = "0.7.0"
 [dependencies]
 borsh = "0.10"
 clap = "2.33.3"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.130"
 serde_json = "1.0.107"
 solana-account-decoder = "=1.16.16"
diff --git a/stake-pool/program/Cargo.toml b/stake-pool/program/Cargo.toml
index d160303e2e5..0832372d1d6 100644
--- a/stake-pool/program/Cargo.toml
+++ b/stake-pool/program/Cargo.toml
@@ -18,7 +18,7 @@ bytemuck = "1.13"
 num-derive = "0.4"
 num-traits = "0.2"
 num_enum = "0.7.0"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 solana-program = "1.16.16"
 spl-math = { version = "0.2", path = "../../libraries/math", features = [ "no-entrypoint" ] }
diff --git a/token-metadata/interface/Cargo.toml b/token-metadata/interface/Cargo.toml
index 04b1af85497..dc3475b7137 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 = "0.10"
-serde = { version = "1.0.188", optional = true }
+serde = { version = "1.0.189", optional = true }
 solana-program = "1.16.16"
 spl-discriminator = { version = "0.1" , path = "../../libraries/discriminator" }
 spl-program-error = { version = "0.3" , path = "../../libraries/program-error" }
diff --git a/token/cli/Cargo.toml b/token/cli/Cargo.toml
index da80338fc3b..a7c685f4146 100644
--- a/token/cli/Cargo.toml
+++ b/token/cli/Cargo.toml
@@ -15,7 +15,7 @@ walkdir = "2"
 base64 = "0.21.4"
 clap = "2.33.3"
 console = "0.15.7"
-serde = "1.0.188"
+serde = "1.0.189"
 serde_derive = "1.0.103"
 serde_json = "1.0.107"
 solana-account-decoder = "=1.16.16"
diff --git a/token/program-2022/Cargo.toml b/token/program-2022/Cargo.toml
index 4c89f416fd3..f3a44b43e48 100644
--- a/token/program-2022/Cargo.toml
+++ b/token/program-2022/Cargo.toml
@@ -32,7 +32,7 @@ spl-transfer-hook-interface = { version = "0.3.0", path = "../transfer-hook-inte
 spl-type-length-value = { version = "0.3.0", path = "../../libraries/type-length-value" }
 spl-pod = { version = "0.1.0", path = "../../libraries/pod" }
 thiserror = "1.0"
-serde = { version = "1.0.188", optional = true }
+serde = { version = "1.0.189", optional = true }
 serde_with = { version = "3.3.0", optional = true }
 base64 = { version = "0.21.4", optional = true }