diff --git a/Cargo.lock b/Cargo.lock
index 635d9d116f6..e78286cbac7 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7188,9 +7188,9 @@ checksum = "af190c94f2773fdb3729c55b007a722abb5384da03bc0986df4c289bf5567e96"
 
 [[package]]
 name = "wasm-encoder"
-version = "0.201.0"
+version = "0.202.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b9c7d2731df60006819b013f64ccc2019691deccf6e11a1804bc850cd6748f1a"
+checksum = "bfd106365a7f5f7aa3c1916a98cbb3ad477f5ff96ddb130285a91c6e7429e67a"
 dependencies = [
  "leb128",
 ]
@@ -7428,9 +7428,9 @@ dependencies = [
 
 [[package]]
 name = "wast"
-version = "201.0.0"
+version = "202.0.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1ef6e1ef34d7da3e2b374fd2b1a9c0227aff6cad596e1b24df9b58d0f6222faa"
+checksum = "1fbcb11204515c953c9b42ede0a46a1c5e17f82af05c4fae201a8efff1b0f4fe"
 dependencies = [
  "bumpalo",
  "leb128",
@@ -7441,9 +7441,9 @@ dependencies = [
 
 [[package]]
 name = "wat"
-version = "1.201.0"
+version = "1.202.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "453d5b37a45b98dee4f4cb68015fc73634d7883bbef1c65e6e9c78d454cf3f32"
+checksum = "4de4b15a47135c56a3573406e9977b9518787a6154459b4842a9b9d3d1684848"
 dependencies = [
  "wast",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index eb4e45c8735..f08f2c5a7d6 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -81,7 +81,7 @@ wasm-instrument = { version = "0.4.0" }
 which = { version = "6.0.1" }
 xxhash-rust = { version = "0.8" }
 const_env = { version = "0.1"}
-wat = { version = "1.0.71" }
+wat = { version = "1.202.0" }
 
 # Substrate dependencies
 frame-metadata = { version = "16.0.0" }