diff --git a/Cargo.lock b/Cargo.lock
index 94e96e791b2cd..6991365271b10 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -9408,9 +9408,9 @@ dependencies = [
 
 [[package]]
 name = "thiserror"
-version = "1.0.56"
+version = "1.0.57"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d54378c645627613241d077a3a79db965db602882668f9136ac42af9ecb730ad"
+checksum = "1e45bcbe8ed29775f228095caf2cd67af7a4ccf756ebff23a306bf3e8b47b24b"
 dependencies = [
  "thiserror-impl",
 ]
@@ -9437,9 +9437,9 @@ dependencies = [
 
 [[package]]
 name = "thiserror-impl"
-version = "1.0.56"
+version = "1.0.57"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fa0faa943b50f3db30a20aa7e265dbc66076993efed8463e8de414e5d06d3471"
+checksum = "a953cb265bef375dae3de6663da4d3804eee9682ea80d8e2542529b73c531c81"
 dependencies = [
  "proc-macro2 1.0.76",
  "quote 1.0.35",
diff --git a/relays/client-substrate/Cargo.toml b/relays/client-substrate/Cargo.toml
index 02187c5353ae1..e72b5d6cb8cc2 100644
--- a/relays/client-substrate/Cargo.toml
+++ b/relays/client-substrate/Cargo.toml
@@ -19,7 +19,7 @@ num-traits = "0.2"
 rand = "0.8"
 scale-info = { version = "2.10.0", features = ["derive"] }
 tokio = { version = "1.36", features = ["rt-multi-thread"] }
-thiserror = "1.0.56"
+thiserror = "1.0.57"
 
 # Bridge dependencies
 
diff --git a/relays/lib-substrate-relay/Cargo.toml b/relays/lib-substrate-relay/Cargo.toml
index 732ee768393cd..fe74168d7bf28 100644
--- a/relays/lib-substrate-relay/Cargo.toml
+++ b/relays/lib-substrate-relay/Cargo.toml
@@ -10,7 +10,7 @@ workspace = true
 
 [dependencies]
 anyhow = "1.0"
-thiserror = "1.0.56"
+thiserror = "1.0.57"
 async-std = "1.9.0"
 async-trait = "0.1"
 codec = { package = "parity-scale-codec", version = "3.1.5" }
diff --git a/relays/utils/Cargo.toml b/relays/utils/Cargo.toml
index f68a3d2a3b213..ce106d3a51dd7 100644
--- a/relays/utils/Cargo.toml
+++ b/relays/utils/Cargo.toml
@@ -24,7 +24,7 @@ serde_json = "1.0"
 sysinfo = "0.30"
 time = { version = "0.3", features = ["formatting", "local-offset", "std"] }
 tokio = { version = "1.36", features = ["rt"] }
-thiserror = "1.0.56"
+thiserror = "1.0.57"
 
 # Bridge dependencies