diff --git a/Cargo.lock b/Cargo.lock
index 667e1bd..5203c6c 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -418,18 +418,20 @@ dependencies = [
 
 [[package]]
 name = "electrum-client"
-version = "0.10.1"
+version = "0.11.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8ef9b40020912229e947b45d91f9ff96b10d543e0eddd75ff41b9eda24d9c051"
+checksum = "af53c415260dcb220fa02182669727c730535bfed4edbfde42e1291342af95cd"
 dependencies = [
  "bitcoin",
+ "byteorder",
+ "libc",
  "log",
  "rustls",
  "serde",
  "serde_json",
- "socks",
  "webpki",
  "webpki-roots",
+ "winapi",
 ]
 
 [[package]]
@@ -1013,17 +1015,6 @@ dependencies = [
  "maybe-uninit",
 ]
 
-[[package]]
-name = "socks"
-version = "0.3.4"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f0c3dbbd9ae980613c6dd8e28a9407b50509d3803b57624d5dfe8315218cd58b"
-dependencies = [
- "byteorder",
- "libc",
- "winapi",
-]
-
 [[package]]
 name = "spin"
 version = "0.5.2"
diff --git a/Cargo.toml b/Cargo.toml
index 8e3ca56..5a8d5d1 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -39,7 +39,7 @@ strict_encoding = { version = "0.8.0", features = ["bitcoin", "derive"] }
 bitcoin = "0.28.1"
 miniscript_crate = { package = "miniscript", version = "7.0.0", optional = true }
 bitcoin_hwi = { version = "0.2.0", optional = true }
-electrum-client = { version = "0.10.1", optional = true }
+electrum-client = { version = "0.11.0", optional = true }
 serde_crate = { package = "serde", version = "1", features = ["derive"], optional = true }
 serde_with = { version = "1.5", features = ["hex"], optional = true }
 serde_yaml = { version = "0.8.21", optional = true }
diff --git a/onchain/Cargo.toml b/onchain/Cargo.toml
index 5b637e0..a602aff 100644
--- a/onchain/Cargo.toml
+++ b/onchain/Cargo.toml
@@ -20,7 +20,7 @@ strict_encoding = "0.8.0"
 descriptors = { version = "0.8.0", path = "../descriptors", default-features = false }
 bitcoin_hd = { version = "0.8.2", path = "../hd" }
 miniscript_crate = { package = "miniscript", version = "7.0.0", optional = true }
-electrum-client = { version = "0.10.0", optional = true }
+electrum-client = { version = "0.11.0", optional = true }
 chrono = "0.4.19"
 serde_crate = { package = "serde", version = "1", features = ["derive"], optional = true }
 serde_with = { version = "1.5", features = ["hex"], optional = true }