diff --git a/Cargo.lock b/Cargo.lock
index 05ef9d8a..db1867d0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2766,9 +2766,9 @@ dependencies = [
 
 [[package]]
 name = "mio"
-version = "0.8.3"
+version = "0.8.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "713d550d9b44d89174e066b7a6217ae06234c10cb47819a88290d2b353c31799"
+checksum = "57ee1c23c7c63b0c9250c339ffdc69255f110b298b901b9f6c82547b7b87caaf"
 dependencies = [
  "libc",
  "log",
@@ -4882,9 +4882,9 @@ checksum = "cda74da7e1a664f795bb1f8a87ec406fb89a02522cf6e50620d016add6dbbf5c"
 
 [[package]]
 name = "tokio"
-version = "1.20.1"
+version = "1.21.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7a8325f63a7d4774dd041e363b2409ed1c5cbbd0f867795e661df066b2b0a581"
+checksum = "89797afd69d206ccd11fb0ea560a44bbb87731d020670e79416d442919257d42"
 dependencies = [
  "autocfg 1.1.0",
  "bytes",
diff --git a/web3_proxy/Cargo.toml b/web3_proxy/Cargo.toml
index 8d6b33e7..f3452256 100644
--- a/web3_proxy/Cargo.toml
+++ b/web3_proxy/Cargo.toml
@@ -54,7 +54,7 @@ serde = { version = "1.0.144", features = [] }
 serde_json = { version = "1.0.85", default-features = false, features = ["alloc", "raw_value"] }
 # TODO: make sure this time version matches siwe. PR to put this in their prelude
 time = "0.3.14"
-tokio = { version = "1.20.1", features = ["full", "tracing"] }
+tokio = { version = "1.21.0", features = ["full", "tracing"] }
 # TODO: make sure this uuid version matches sea-orm. PR to put this in their prelude
 tokio-stream = { version = "0.1.9", features = ["sync"] }
 toml = "0.5.9"