diff --git a/Cargo.lock b/Cargo.lock
index f2dddd39..7aa4e080 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3843,9 +3843,9 @@ dependencies = [
 
 [[package]]
 name = "tokio-stream"
-version = "0.1.15"
+version = "0.1.16"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "267ac89e0bec6e691e5813911606935d77c476ff49024f98abcea3e7b15e37af"
+checksum = "4f4e6ce100d0eb49a2734f8c0812bcd324cf357d21810932c5df6b96ef2b86f1"
 dependencies = [
  "futures-core",
  "pin-project-lite",
@@ -3901,9 +3901,9 @@ dependencies = [
 
 [[package]]
 name = "tonic"
-version = "0.12.2"
+version = "0.12.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c6f6ba989e4b2c58ae83d862d3a3e27690b6e3ae630d0deb59f3697f32aa88ad"
+checksum = "877c5b330756d856ffcc4553ab34a5684481ade925ecc54bcd1bf02b1d0d4d52"
 dependencies = [
  "async-stream",
  "async-trait",
diff --git a/Cargo.toml b/Cargo.toml
index 56f3c1b9..9bc50136 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -51,7 +51,7 @@ ibc-proto = { version = "0.47.0", default-features = false, features = [
 ics23 = { version = "0.12.0", optional = true }
 prost-types = { version = "0.13.1", optional = true }
 tokio = { version = "1.27.0", optional = true }
-tonic = { version = "0.12.1", optional = true, features = ["prost"] }
+tonic = { version = "0.12.3", optional = true, features = ["prost"] }
 cosmrs = "0.18.0"
 derive_more = "0.99.17"
 sha3 = "0.10.6"