diff --git a/Cargo.lock b/Cargo.lock
index cef33101b5f..89914790510 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4943,9 +4943,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.164"
+version = "1.0.168"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9e8c8cf938e98f769bc164923b06dce91cea1751522f46f8466461af04c9027d"
+checksum = "d614f89548720367ded108b3c843be93f3a341e22d5674ca0dd5cd57f34926af"
 dependencies = [
  "serde_derive",
 ]
@@ -4962,9 +4962,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.164"
+version = "1.0.168"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d9735b638ccc51c28bf6914d90a2e9725b377144fc612c49a611fddd1b631d68"
+checksum = "d4fe589678c688e44177da4f27152ee2d190757271dc7f1d5b6b9f68d869d641"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/misc/keygen/Cargo.toml b/misc/keygen/Cargo.toml
index 514f2fe4c1f..c73a979715b 100644
--- a/misc/keygen/Cargo.toml
+++ b/misc/keygen/Cargo.toml
@@ -12,7 +12,7 @@ publish = false
 [dependencies]
 clap = { version = "4.3.10", features = ["derive"] }
 zeroize = "1"
-serde = { version = "1.0.164", features = ["derive"] }
+serde = { version = "1.0.168", features = ["derive"] }
 serde_json = "1.0.99"
 libp2p-core = { workspace = true }
 base64 = "0.21.2"