diff --git a/Cargo.lock b/Cargo.lock
index d26718fe045a6..9bd3e4650b5bc 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1619,9 +1619,9 @@ checksum = "68b91989ae21441195d7d9b9993a2f9295c7e1a8c96255d8b729accddc124797"
 
 [[package]]
 name = "erased-serde"
-version = "0.3.13"
+version = "0.3.21"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0465971a8cc1fa2455c8465aaa377131e1f1cf4983280f474a13e68793aa770c"
+checksum = "81d013529d5574a60caeda29e179e695125448e5de52e3874f7b4c1d7360e18e"
 dependencies = [
  "serde",
 ]
diff --git a/client/network/Cargo.toml b/client/network/Cargo.toml
index 9c6b580fb9c66..6c8846191cdfb 100644
--- a/client/network/Cargo.toml
+++ b/client/network/Cargo.toml
@@ -26,7 +26,7 @@ bytes = "1"
 codec = { package = "parity-scale-codec", version = "2.0.0", features = ["derive"] }
 derive_more = "0.99.2"
 either = "1.5.3"
-erased-serde = "0.3.9"
+erased-serde = "0.3.21"
 fnv = "1.0.6"
 fork-tree = { version = "3.0.0", path = "../../utils/fork-tree" }
 futures = "0.3.9"
diff --git a/client/tracing/Cargo.toml b/client/tracing/Cargo.toml
index 97d27161d210f..df00454e0c5ce 100644
--- a/client/tracing/Cargo.toml
+++ b/client/tracing/Cargo.toml
@@ -21,7 +21,7 @@ once_cell = "1.4.1"
 parking_lot = "0.11.1"
 regex = "1.4.2"
 rustc-hash = "1.1.0"
-erased-serde = "0.3.9"
+erased-serde = "0.3.21"
 serde = "1.0.126"
 serde_json = "1.0.41"
 thiserror = "1.0.21"
diff --git a/primitives/tracing/Cargo.toml b/primitives/tracing/Cargo.toml
index 451da77a817ed..ac2c334ff092d 100644
--- a/primitives/tracing/Cargo.toml
+++ b/primitives/tracing/Cargo.toml
@@ -25,7 +25,7 @@ tracing-core = { version = "0.1.17", default-features = false }
 log = { version = "0.4.8", optional = true }
 tracing-subscriber = { version = "0.2.18", optional = true, features = ["tracing-log"] }
 parking_lot = { version = "0.10.0", optional = true }
-erased-serde = { version = "0.3.9", optional = true }
+erased-serde = { version = "0.3.21", optional = true }
 serde = { version = "1.0.126", optional = true }
 serde_json = { version = "1.0.41", optional = true }
 slog = { version = "2.5.2", features = ["nested-values"], optional = true }