diff --git a/Cargo.lock b/Cargo.lock
index 72cdab3888..a9f0b04507 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -14272,9 +14272,9 @@ checksum = "1f3ccbac311fea05f86f61904b462b55fb3df8837a366dfc601a0161d0532f20"
 
 [[package]]
 name = "tokio"
-version = "1.39.2"
+version = "1.40.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "daa4fb1bc778bd6f04cbfc4bb2d06a7396a8f299dc33ea1900cedaa316f467b1"
+checksum = "e2b070231665d27ad9ec9b8df639893f46727666c6767db40317fbe920a5d998"
 dependencies = [
  "backtrace",
  "bytes",
diff --git a/Cargo.toml b/Cargo.toml
index be1d357ec4..4f3458a63a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -79,7 +79,7 @@ similar-asserts = { version = "1.5.0" }
 sha3 = { version = "0.10", default-features = false }
 futures = { version = "0.3.30", features = ["compat"] }
 jsonrpsee = { version = "0.16.3", features = ["server"] }
-tokio = { version = "1.39.2", features = ["macros", "sync"] }
+tokio = { version = "1.40.0", features = ["macros", "sync"] }
 strum = { version = "0.26", default-features = false }
 strum_macros = { version = "0.26", default-features = false }
 libsecp256k1 = { version = "0.7", default-features = false }