diff --git a/crates/rspack_cacheable/src/context.rs b/crates/rspack_cacheable/src/context.rs
index ec9d235ff64c..8911b256d910 100644
--- a/crates/rspack_cacheable/src/context.rs
+++ b/crates/rspack_cacheable/src/context.rs
@@ -1,4 +1,4 @@
-use std::{any::Any, ptr::NonNull};
+use std::{any::Any, ops::Deref, path::Path, ptr::NonNull};
 
 use rkyv::{
   de::{ErasedPtr, Pooling, PoolingState},
@@ -10,13 +10,31 @@ use crate::error::{Error, Result};
 const CONTEXT_ADDR: usize = 0;
 unsafe fn default_drop(_: ErasedPtr) {}
 
+pub trait CacheableContext: Any {
+  fn project_root(&self) -> Option<&Path>;
+}
+
+// Implement for unit type for convenience in tests and simple cases
+impl CacheableContext for () {
+  fn project_root(&self) -> Option<&Path> {
+    None
+  }
+}
+
 /// A context wrapper that provides shared context methods
 pub struct ContextGuard<'a> {
-  context: &'a dyn Any,
+  context: &'a dyn CacheableContext,
+}
+
+impl<'a> Deref for ContextGuard<'a> {
+  type Target = dyn CacheableContext;
+  fn deref(&self) -> &Self::Target {
+    self.context
+  }
 }
 
 impl<'a> ContextGuard<'a> {
-  pub fn new(context: &'a dyn Any) -> Self {
+  pub fn new(context: &'a dyn CacheableContext) -> Self {
     Self { context }
   }
 
@@ -25,11 +43,11 @@ impl<'a> ContextGuard<'a> {
     sharing.finish_sharing(CONTEXT_ADDR, self as *const _ as usize)
   }
 
-  pub fn sharing_context<S: Sharing<Error> + ?Sized>(sharing: &'a mut S) -> Result<&'a dyn Any> {
+  pub fn sharing_guard<S: Sharing<Error> + ?Sized>(sharing: &'a mut S) -> Result<&'a Self> {
     match sharing.start_sharing(CONTEXT_ADDR) {
       SharingState::Finished(addr) => {
         let guard: &Self = unsafe { &*(addr as *const Self) };
-        Ok(guard.context)
+        Ok(guard)
       }
       _ => Err(Error::NoContext),
     }
@@ -43,13 +61,19 @@ impl<'a> ContextGuard<'a> {
     }
   }
 
-  pub fn pooling_context<P: Pooling<Error> + ?Sized>(pooling: &'a mut P) -> Result<&'a dyn Any> {
+  pub fn pooling_guard<P: Pooling<Error> + ?Sized>(pooling: &'a mut P) -> Result<&'a Self> {
     match pooling.start_pooling(CONTEXT_ADDR) {
       PoolingState::Finished(ptr) => {
         let guard: &Self = unsafe { &*(ptr.data_address() as *const Self) };
-        Ok(guard.context)
+        Ok(guard)
       }
       _ => Err(Error::NoContext),
     }
   }
+
+  pub fn downcast_context<T: 'static>(&'a self) -> Result<&'a T> {
+    (self.context as &dyn Any)
+      .downcast_ref()
+      .ok_or(Error::NoContext)
+  }
 }
diff --git a/crates/rspack_cacheable/src/deserialize.rs b/crates/rspack_cacheable/src/deserialize.rs
index 54777f6be193..1815d3a4c65e 100644
--- a/crates/rspack_cacheable/src/deserialize.rs
+++ b/crates/rspack_cacheable/src/deserialize.rs
@@ -1,5 +1,3 @@
-use std::any::Any;
-
 use rkyv::{
   Archive, Deserialize, access,
   api::{deserialize_using, high::HighValidator},
@@ -10,7 +8,7 @@ use rkyv::{
 };
 
 use crate::{
-  context::ContextGuard,
+  context::{CacheableContext, ContextGuard},
   error::{Error, Result},
 };
 
@@ -21,7 +19,7 @@ pub type Deserializer = Strategy<Pool, Error>;
 ///
 /// This function implementation refers to rkyv::from_bytes and
 /// add custom error and context support
-pub fn from_bytes<T, C: Any>(bytes: &[u8], context: &C) -> Result<T>
+pub fn from_bytes<T, C: CacheableContext>(bytes: &[u8], context: &C) -> Result<T>
 where
   T: Archive,
   T::Archived: for<'a> CheckBytes<Validator<'a>> + Deserialize<T, Deserializer>,
diff --git a/crates/rspack_cacheable/src/lib.rs b/crates/rspack_cacheable/src/lib.rs
index 7ba5c296366e..71357875aab8 100644
--- a/crates/rspack_cacheable/src/lib.rs
+++ b/crates/rspack_cacheable/src/lib.rs
@@ -29,7 +29,7 @@ pub mod __private {
 #[cfg(not(feature = "noop"))]
 pub use deserialize::from_bytes;
 #[cfg(feature = "noop")]
-pub fn from_bytes<T, C: std::any::Any>(_bytes: &[u8], _context: &C) -> Result<T> {
+pub fn from_bytes<T, C: CacheableContext>(_bytes: &[u8], _context: &C) -> Result<T> {
   let _ = deserialize::from_bytes::<u8, u8>;
   panic!("Cannot use from_bytes when noop feature is enabled")
 }
@@ -37,11 +37,12 @@ pub fn from_bytes<T, C: std::any::Any>(_bytes: &[u8], _context: &C) -> Result<T>
 #[cfg(not(feature = "noop"))]
 pub use serialize::to_bytes;
 #[cfg(feature = "noop")]
-pub fn to_bytes<T, C: std::any::Any>(_value: &T, _ctx: &C) -> Result<Vec<u8>> {
+pub fn to_bytes<T, C: CacheableContext>(_value: &T, _ctx: &C) -> Result<Vec<u8>> {
   let _ = serialize::to_bytes::<u8, u8>;
   panic!("Cannot use to_bytes when noop feature is enabled")
 }
 
+pub use context::{CacheableContext, ContextGuard};
 pub use deserialize::{Deserializer, Validator};
 pub use error::{Error, Result};
 pub use serialize::Serializer;
diff --git a/crates/rspack_cacheable/src/serialize.rs b/crates/rspack_cacheable/src/serialize.rs
index 987f223b228f..f5ec772aa7b5 100644
--- a/crates/rspack_cacheable/src/serialize.rs
+++ b/crates/rspack_cacheable/src/serialize.rs
@@ -1,5 +1,3 @@
-use std::any::Any;
-
 use rkyv::{
   Serialize,
   api::{high::HighSerializer, serialize_using},
@@ -12,7 +10,7 @@ use rkyv::{
 };
 
 use crate::{
-  context::ContextGuard,
+  context::{CacheableContext, ContextGuard},
   error::{Error, Result},
 };
 
@@ -22,7 +20,7 @@ pub type Serializer<'a> = HighSerializer<AlignedVec, ArenaHandle<'a>, Error>;
 ///
 /// This function implementation refers to rkyv::to_bytes and
 /// add custom error and context support
-pub fn to_bytes<T, C: Any>(value: &T, ctx: &C) -> Result<Vec<u8>>
+pub fn to_bytes<T, C: CacheableContext>(value: &T, ctx: &C) -> Result<Vec<u8>>
 where
   T: for<'a> Serialize<Serializer<'a>>,
 {
diff --git a/crates/rspack_cacheable/src/with/as.rs b/crates/rspack_cacheable/src/with/as.rs
index 31711cdb15ce..6de22f98ea63 100644
--- a/crates/rspack_cacheable/src/with/as.rs
+++ b/crates/rspack_cacheable/src/with/as.rs
@@ -1,5 +1,3 @@
-use std::any::Any;
-
 use rkyv::{
   Archive, Archived, Deserialize, Place, Resolver, Serialize,
   de::Pooling,
@@ -11,10 +9,10 @@ use rkyv::{
 use crate::{Error, Result, context::ContextGuard};
 
 pub trait AsConverter<T> {
-  fn serialize(data: &T, ctx: &dyn Any) -> Result<Self>
+  fn serialize(data: &T, guard: &ContextGuard) -> Result<Self>
   where
     Self: Sized;
-  fn deserialize(self, ctx: &dyn Any) -> Result<T>;
+  fn deserialize(self, guard: &ContextGuard) -> Result<T>;
 }
 
 pub struct As<A> {
@@ -47,8 +45,8 @@ where
 {
   #[inline]
   fn serialize_with(field: &T, serializer: &mut S) -> Result<Self::Resolver> {
-    let ctx = ContextGuard::sharing_context(serializer)?;
-    let value = <A as AsConverter<T>>::serialize(field, ctx)?;
+    let guard = ContextGuard::sharing_guard(serializer)?;
+    let value = <A as AsConverter<T>>::serialize(field, guard)?;
     Ok(AsResolver {
       resolver: value.serialize(serializer)?,
       value,
@@ -65,7 +63,7 @@ where
   #[inline]
   fn deserialize_with(field: &Archived<A>, de: &mut D) -> Result<T> {
     let field = A::Archived::deserialize(field, de)?;
-    let ctx = ContextGuard::pooling_context(de)?;
-    field.deserialize(ctx)
+    let guard = ContextGuard::pooling_guard(de)?;
+    field.deserialize(guard)
   }
 }
diff --git a/crates/rspack_cacheable/src/with/custom.rs b/crates/rspack_cacheable/src/with/custom.rs
index 7c298b351a4d..8d871bc3a1c7 100644
--- a/crates/rspack_cacheable/src/with/custom.rs
+++ b/crates/rspack_cacheable/src/with/custom.rs
@@ -1,5 +1,3 @@
-use std::any::Any;
-
 use rkyv::{
   Archive, Deserialize, Place, Serialize,
   de::Pooling,
@@ -8,15 +6,15 @@ use rkyv::{
   with::{ArchiveWith, DeserializeWith, SerializeWith},
 };
 
-use crate::{Error, Result, cacheable, context::ContextGuard};
+use crate::{ContextGuard, Error, Result, cacheable};
 
 /// A trait for writing custom serialization and deserialization.
 ///
 /// `#[cacheable(with=Custom)]` will use this trait.
 pub trait CustomConverter {
   type Target: Archive;
-  fn serialize(&self, ctx: &dyn Any) -> Result<Self::Target>;
-  fn deserialize(data: Self::Target, ctx: &dyn Any) -> Result<Self>
+  fn serialize(&self, guard: &ContextGuard) -> Result<Self::Target>;
+  fn deserialize(data: Self::Target, guard: &ContextGuard) -> Result<Self>
   where
     Self: Sized;
 }
@@ -57,8 +55,8 @@ where
 {
   #[inline]
   fn serialize_with(field: &T, serializer: &mut S) -> Result<Self::Resolver> {
-    let ctx = ContextGuard::sharing_context(serializer)?;
-    let value = DataBox(T::serialize(field, ctx)?);
+    let guard = ContextGuard::sharing_guard(serializer)?;
+    let value = DataBox(T::serialize(field, guard)?);
     Ok(CustomResolver {
       resolver: value.serialize(serializer)?,
       value,
@@ -76,7 +74,7 @@ where
   #[inline]
   fn deserialize_with(field: &ArchivedDataBox<T::Target>, de: &mut D) -> Result<T> {
     let value = field.deserialize(de)?;
-    let ctx = ContextGuard::pooling_context(de)?;
-    T::deserialize(value.0, ctx)
+    let guard = ContextGuard::pooling_guard(de)?;
+    T::deserialize(value.0, guard)
   }
 }
diff --git a/crates/rspack_cacheable_test/tests/context.rs b/crates/rspack_cacheable_test/tests/context.rs
index caab02399c8a..b145f5ceed06 100644
--- a/crates/rspack_cacheable_test/tests/context.rs
+++ b/crates/rspack_cacheable_test/tests/context.rs
@@ -1,7 +1,8 @@
-use std::{any::Any, sync::Arc};
+use std::sync::Arc;
 
 use rspack_cacheable::{
-  Error, enable_cacheable as cacheable, from_bytes, to_bytes,
+  CacheableContext, ContextGuard, Error, Result, enable_cacheable as cacheable, from_bytes,
+  to_bytes,
   with::{As, AsConverter},
 };
 
@@ -15,17 +16,21 @@ struct Context {
   option: Arc<CompilerOptions>,
 }
 
+impl CacheableContext for Context {
+  fn project_root(&self) -> Option<&std::path::Path> {
+    None
+  }
+}
+
 #[cacheable]
 struct FromContext;
 
 impl AsConverter<Arc<CompilerOptions>> for FromContext {
-  fn serialize(_data: &Arc<CompilerOptions>, _ctx: &dyn Any) -> Result<Self, Error> {
+  fn serialize(_data: &Arc<CompilerOptions>, _guard: &ContextGuard) -> Result<Self> {
     Ok(FromContext)
   }
-  fn deserialize(self, ctx: &dyn Any) -> Result<Arc<CompilerOptions>, Error> {
-    let Some(ctx) = ctx.downcast_ref::<Context>() else {
-      return Err(Error::MessageError("context not match"));
-    };
+  fn deserialize(self, guard: &ContextGuard) -> Result<Arc<CompilerOptions>> {
+    let ctx = guard.downcast_context::<Context>()?;
     Ok(ctx.option.clone())
   }
 }
@@ -50,10 +55,15 @@ fn test_context() {
 
   let bytes = to_bytes(&module, &()).unwrap();
 
-  assert!(matches!(
-    from_bytes::<Module, ()>(&bytes, &()),
-    Err(Error::MessageError("context not match"))
-  ));
+  let result = from_bytes::<Module, ()>(&bytes, &());
+  assert!(result.is_err(), "should fail when using wrong context");
+  if let Err(e) = result {
+    assert!(
+      matches!(e, Error::NoContext),
+      "expected NoContext but got: {:?}",
+      e
+    );
+  }
   let new_module: Module = from_bytes(&bytes, &context).unwrap();
   assert_eq!(module, new_module);
 }
diff --git a/crates/rspack_cacheable_test/tests/macro/cacheable_dyn.rs b/crates/rspack_cacheable_test/tests/macro/cacheable_dyn.rs
index 03fb5af3446c..350f9722ce73 100644
--- a/crates/rspack_cacheable_test/tests/macro/cacheable_dyn.rs
+++ b/crates/rspack_cacheable_test/tests/macro/cacheable_dyn.rs
@@ -1,11 +1,17 @@
 use rspack_cacheable::{
-  enable_cacheable as cacheable, enable_cacheable_dyn as cacheable_dyn, from_bytes, to_bytes,
+  CacheableContext, enable_cacheable as cacheable, enable_cacheable_dyn as cacheable_dyn,
+  from_bytes, to_bytes,
 };
 
 #[test]
 #[cfg_attr(miri, ignore)]
 fn test_cacheable_dyn_macro() {
   struct Context;
+  impl CacheableContext for Context {
+    fn project_root(&self) -> Option<&std::path::Path> {
+      None
+    }
+  }
 
   #[cacheable_dyn]
   trait Animal {
@@ -77,6 +83,11 @@ fn test_cacheable_dyn_macro() {
 #[cfg_attr(miri, ignore)]
 fn test_cacheable_dyn_macro_with_generics() {
   struct Context;
+  impl CacheableContext for Context {
+    fn project_root(&self) -> Option<&std::path::Path> {
+      None
+    }
+  }
 
   #[cacheable_dyn]
   trait Animal<T = ()>: Send + Sync
diff --git a/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn.rs b/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn.rs
index 9ed7f9e24cb0..4779ddf4eab1 100644
--- a/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn.rs
+++ b/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn.rs
@@ -1,9 +1,16 @@
-use rspack_cacheable::{r#dyn::VTablePtr, enable_cacheable as cacheable, from_bytes, to_bytes};
+use rspack_cacheable::{
+  CacheableContext, r#dyn::VTablePtr, enable_cacheable as cacheable, from_bytes, to_bytes,
+};
 
 #[test]
 #[cfg_attr(miri, ignore)]
 fn test_manual_cacheable_dyn_macro() {
   struct Context;
+  impl CacheableContext for Context {
+    fn project_root(&self) -> Option<&std::path::Path> {
+      None
+    }
+  }
 
   trait Animal: rspack_cacheable::r#dyn::SerializeDyn {
     fn color(&self) -> &str;
diff --git a/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn_with_generics.rs b/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn_with_generics.rs
index 5aece11115b9..ed5182e53359 100644
--- a/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn_with_generics.rs
+++ b/crates/rspack_cacheable_test/tests/macro/manual_cacheable_dyn_with_generics.rs
@@ -1,9 +1,16 @@
-use rspack_cacheable::{r#dyn::VTablePtr, enable_cacheable as cacheable, from_bytes, to_bytes};
+use rspack_cacheable::{
+  CacheableContext, r#dyn::VTablePtr, enable_cacheable as cacheable, from_bytes, to_bytes,
+};
 
 #[test]
 #[cfg_attr(miri, ignore)]
 fn test_manual_cacheable_dyn_macro_with_generics() {
   struct Context;
+  impl CacheableContext for Context {
+    fn project_root(&self) -> Option<&std::path::Path> {
+      None
+    }
+  }
 
   trait Animal<T = ()>: rspack_cacheable::r#dyn::SerializeDyn {
     fn color(&self) -> &str;
diff --git a/crates/rspack_cacheable_test/tests/with/as.rs b/crates/rspack_cacheable_test/tests/with/as.rs
index cb97ffd9add6..eff0b83eac73 100644
--- a/crates/rspack_cacheable_test/tests/with/as.rs
+++ b/crates/rspack_cacheable_test/tests/with/as.rs
@@ -1,7 +1,7 @@
-use std::{any::Any, path::PathBuf};
+use std::path::PathBuf;
 
 use rspack_cacheable::{
-  Error, enable_cacheable as cacheable,
+  ContextGuard, Result, enable_cacheable as cacheable,
   with::{As, AsConverter},
 };
 
@@ -12,10 +12,10 @@ struct UnCacheableData(PathBuf);
 struct CacheableData(String);
 
 impl AsConverter<UnCacheableData> for CacheableData {
-  fn serialize(data: &UnCacheableData, _ctx: &dyn Any) -> Result<Self, Error> {
+  fn serialize(data: &UnCacheableData, _guard: &ContextGuard) -> Result<Self> {
     Ok(Self(data.0.to_string_lossy().to_string()))
   }
-  fn deserialize(self, _ctx: &dyn Any) -> Result<UnCacheableData, Error> {
+  fn deserialize(self, _guard: &ContextGuard) -> Result<UnCacheableData> {
     Ok(UnCacheableData(PathBuf::from(&self.0)))
   }
 }
diff --git a/crates/rspack_cacheable_test/tests/with/custom.rs b/crates/rspack_cacheable_test/tests/with/custom.rs
index b47dea864d72..10f35a165000 100644
--- a/crates/rspack_cacheable_test/tests/with/custom.rs
+++ b/crates/rspack_cacheable_test/tests/with/custom.rs
@@ -1,7 +1,7 @@
-use std::{any::Any, path::PathBuf};
+use std::path::PathBuf;
 
 use rspack_cacheable::{
-  Error, enable_cacheable as cacheable,
+  ContextGuard, Result, enable_cacheable as cacheable,
   with::{Custom, CustomConverter},
 };
 
@@ -11,10 +11,10 @@ struct Data(PathBuf);
 
 impl CustomConverter for Data {
   type Target = String;
-  fn serialize(&self, _ctx: &dyn Any) -> Result<Self::Target, Error> {
+  fn serialize(&self, _guard: &ContextGuard) -> Result<Self::Target> {
     Ok(self.0.to_string_lossy().to_string())
   }
-  fn deserialize(data: Self::Target, _ctx: &dyn Any) -> Result<Self, Error> {
+  fn deserialize(data: Self::Target, _guard: &ContextGuard) -> Result<Self> {
     Ok(Data(PathBuf::from(&data)))
   }
 }
diff --git a/crates/rspack_core/src/cache/persistent/cacheable_context.rs b/crates/rspack_core/src/cache/persistent/cacheable_context.rs
index 96838b089dc1..b2e919abb23d 100644
--- a/crates/rspack_core/src/cache/persistent/cacheable_context.rs
+++ b/crates/rspack_core/src/cache/persistent/cacheable_context.rs
@@ -1,2 +1,8 @@
 #[derive(Debug)]
 pub struct CacheableContext;
+
+impl rspack_cacheable::CacheableContext for CacheableContext {
+  fn project_root(&self) -> Option<&std::path::Path> {
+    None
+  }
+}
diff --git a/crates/rspack_core/src/module_profile.rs b/crates/rspack_core/src/module_profile.rs
index 46ff39ae2714..71da68128ffd 100644
--- a/crates/rspack_core/src/module_profile.rs
+++ b/crates/rspack_core/src/module_profile.rs
@@ -1,7 +1,7 @@
 use std::time::Instant;
 
 use rspack_cacheable::{
-  cacheable,
+  ContextGuard, Result, cacheable,
   with::{Custom, CustomConverter},
 };
 
@@ -17,13 +17,10 @@ enum ProfileState {
 
 impl CustomConverter for ProfileState {
   type Target = Option<u64>;
-  fn serialize(&self, _ctx: &dyn std::any::Any) -> Result<Self::Target, rspack_cacheable::Error> {
+  fn serialize(&self, _guard: &ContextGuard) -> Result<Self::Target> {
     Ok(self.duration())
   }
-  fn deserialize(
-    data: Self::Target,
-    _ctx: &dyn std::any::Any,
-  ) -> Result<Self, rspack_cacheable::Error> {
+  fn deserialize(data: Self::Target, _guard: &ContextGuard) -> Result<Self> {
     if let Some(time) = data {
       Ok(ProfileState::Finish(time))
     } else {