diff --git a/Cargo.lock b/Cargo.lock
index 1605e242210d8..a2bfeb6902802 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2130,7 +2130,7 @@ dependencies = [
  "indoc",
  "memchr",
  "once_cell",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "prost",
  "prost-reflect",
  "regex",
@@ -5157,7 +5157,7 @@ dependencies = [
  "indexmap 1.9.3",
  "metrics",
  "num_cpus",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "quanta",
  "radix_trie",
  "sketches-ddsketch",
@@ -5832,7 +5832,7 @@ dependencies = [
  "bytes 1.4.0",
  "chrono",
  "hex",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "prost",
  "prost-build",
  "tonic",
@@ -5859,9 +5859,9 @@ dependencies = [
 
 [[package]]
 name = "ordered-float"
-version = "3.7.0"
+version = "3.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2fc2dbde8f8a79f2102cc474ceb0ad68e3b80b85289ea62389b60e66777e4213"
+checksum = "7417b1484e3641a8791af3c3123cdc083ac60a0d262a2f281b6125d58917caf4"
 dependencies = [
  "num-traits",
 ]
@@ -9485,7 +9485,7 @@ dependencies = [
  "openssl-probe",
  "openssl-src",
  "opentelemetry-proto",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "paste",
  "percent-encoding",
  "pin-project",
@@ -9648,7 +9648,7 @@ dependencies = [
  "indexmap 2.0.0",
  "metrics",
  "nom",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "paste",
  "pin-project",
  "quickcheck",
@@ -9757,7 +9757,7 @@ dependencies = [
  "noisy_float",
  "once_cell",
  "openssl",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "parking_lot",
  "pin-project",
  "proptest",
@@ -9922,7 +9922,7 @@ dependencies = [
  "ofb",
  "once_cell",
  "onig",
- "ordered-float 3.7.0",
+ "ordered-float 3.8.0",
  "paste",
  "peeking_take_while",
  "percent-encoding",
diff --git a/Cargo.toml b/Cargo.toml
index a4ad677f6d80d..32f0406dbefa0 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -297,7 +297,7 @@ notify = { version = "6.0.1", default-features = false, features = ["macos_fseve
 once_cell = { version = "1.18", default-features = false }
 openssl = { version = "0.10.56", default-features = false, features = ["vendored"] }
 openssl-probe = { version = "0.1.5", default-features = false }
-ordered-float = { version = "3.7.0", default-features = false }
+ordered-float = { version = "3.8.0", default-features = false }
 paste = "1.0.14"
 percent-encoding = { version = "2.3.0", default-features = false }
 postgres-openssl = { version = "0.5.0", default-features = false, features = ["runtime"], optional = true }
diff --git a/lib/codecs/Cargo.toml b/lib/codecs/Cargo.toml
index 0ff5e39ee3ed1..c7f57b409eb71 100644
--- a/lib/codecs/Cargo.toml
+++ b/lib/codecs/Cargo.toml
@@ -15,7 +15,7 @@ dyn-clone = { version = "1", default-features = false }
 lookup = { package = "vector-lookup", path = "../vector-lookup", default-features = false }
 memchr = { version = "2", default-features = false }
 once_cell = { version = "1.18", default-features = false }
-ordered-float = { version = "3.7.0", default-features = false }
+ordered-float = { version = "3.8.0", default-features = false }
 prost = { version = "0.11.8", default-features = false, features = ["std"] }
 prost-reflect = { version = "0.11", default-features = false, features = ["serde"] }
 regex = { version = "1.9.3", default-features = false, features = ["std", "perf"] }
diff --git a/lib/opentelemetry-proto/Cargo.toml b/lib/opentelemetry-proto/Cargo.toml
index c2e3dbfac011a..9dc55cbae69f4 100644
--- a/lib/opentelemetry-proto/Cargo.toml
+++ b/lib/opentelemetry-proto/Cargo.toml
@@ -14,7 +14,7 @@ bytes = { version = "1.4.0", default-features = false, features = ["serde"] }
 chrono = { version = "0.4.19", default-features = false, features = ["serde"] }
 hex = { version = "0.4.3", default-features = false, features = ["std"] }
 lookup = { package = "vector-lookup", path = "../vector-lookup", default-features = false }
-ordered-float = { version = "3.7.0", default-features = false }
+ordered-float = { version = "3.8.0", default-features = false }
 prost = { version = "0.11", default-features = false, features = ["std"] }
 tonic = { version = "0.9", default-features = false, features = ["codegen", "gzip", "prost", "tls", "tls-roots", "transport"] }
 vrl.workspace = true
diff --git a/lib/vector-common/Cargo.toml b/lib/vector-common/Cargo.toml
index 0757e913622aa..3f5062474d122 100644
--- a/lib/vector-common/Cargo.toml
+++ b/lib/vector-common/Cargo.toml
@@ -51,7 +51,7 @@ futures = { version = "0.3.28", default-features = false, features = ["std"] }
 indexmap = { version = "~2.0.0", default-features = false, features = ["std"] }
 metrics = "0.21.1"
 nom = { version = "7", optional = true }
-ordered-float = { version = "3.7.0", default-features = false }
+ordered-float = { version = "3.8.0", default-features = false }
 paste = "1.0.14"
 pin-project.workspace = true
 ryu = { version = "1", default-features = false }
diff --git a/lib/vector-core/Cargo.toml b/lib/vector-core/Cargo.toml
index ca016e61b5757..d4c7cdb85801f 100644
--- a/lib/vector-core/Cargo.toml
+++ b/lib/vector-core/Cargo.toml
@@ -31,7 +31,7 @@ metrics-util = { version = "0.15.1", default-features = false, features = ["regi
 mlua = { version = "0.8.10", default-features = false, features = ["lua54", "send", "vendored"], optional = true }
 no-proxy = { version  = "0.3.4", default-features = false, features = ["serialize"] }
 once_cell = { version = "1.18", default-features = false }
-ordered-float = { version = "3.7.0", default-features = false }
+ordered-float = { version = "3.8.0", default-features = false }
 openssl = { version = "0.10.56", default-features = false, features = ["vendored"] }
 parking_lot = { version = "0.12.1", default-features = false }
 pin-project.workspace = true