diff --git a/go.mod b/go.mod
index 82083e50ec..5b3708494d 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.15
 require (
 	github.com/StackExchange/wmi v0.0.0-20190523213315-cbe66965904d // indirect
 	github.com/cbergoon/merkletree v0.2.0
-	github.com/cosmos/cosmos-sdk v0.40.0-rc5
+	github.com/cosmos/cosmos-sdk v0.40.1
 	github.com/cosmos/iavl v0.15.3
 	github.com/go-ole/go-ole v1.2.4 // indirect
 	github.com/gogo/protobuf v1.3.2
diff --git a/go.sum b/go.sum
index e3a09de495..55f2b85758 100644
--- a/go.sum
+++ b/go.sum
@@ -395,7 +395,6 @@ github.com/maticnetwork/bor v0.2.2-0.20200807103547-4d42b15906aa h1:T5Fx3HKWQdho
 github.com/maticnetwork/bor v0.2.2-0.20200807103547-4d42b15906aa/go.mod h1:uqsK1HCAHuCmEMGgOr6qLnzV1No/obnuu5Nz3nkMKNQ=
 github.com/maticnetwork/cosmos-sdk v0.37.5-0.20201211110634-320b75b282ae h1:KKCS3phDH3ZRDiFmyjKWpEIJbqEAqAJyfZkoW/F2ATw=
 github.com/maticnetwork/cosmos-sdk v0.37.5-0.20201211110634-320b75b282ae/go.mod h1:rdaxNAhIvydwHxOIUIB7+ntEZjQDpfwtotJTBXRFn+E=
-github.com/maticnetwork/cosmos-sdk v0.38.3 h1:e4nxtsXXY9mNqz8JWu0MYeepot72+9/FKC81JOei96Y=
 github.com/maticnetwork/tendermint v0.26.0-dev0.0.20201206065638-7f88f460383c h1:D551kWhgn4KRDxKiBsgbx7hZAOSLwU3lYXvA2RXKZdQ=
 github.com/maticnetwork/tendermint v0.26.0-dev0.0.20201206065638-7f88f460383c/go.mod h1:eE3UfvrRJy1n/jKkqaCKHnU3D72/D0/KYvb9xPv6ym4=
 github.com/mattn/go-colorable v0.0.9/go.mod h1:9vuHe8Xs5qXnSaW/c/ABM9alt+Vo+STaOChaDxuIBZU=