diff --git a/lib/compiler/Cargo.toml b/lib/compiler/Cargo.toml
index 3b809dd16..a73fe072a 100644
--- a/lib/compiler/Cargo.toml
+++ b/lib/compiler/Cargo.toml
@@ -20,7 +20,7 @@ serde = { version = "1.0", features = ["derive"], optional = true }
 thiserror = "1.0"
 serde_bytes = { version = "0.11", optional = true }
 smallvec = "1.6"
-rkyv = { version = "0.7.20", features = ["indexmap"] }
+rkyv = { version = "0.7.38", features = ["indexmap"] }
 
 [features]
 default = ["std", "enable-serde" ]
diff --git a/lib/engine-dylib/Cargo.toml b/lib/engine-dylib/Cargo.toml
index c130c75e1..a9a5c94c8 100644
--- a/lib/engine-dylib/Cargo.toml
+++ b/lib/engine-dylib/Cargo.toml
@@ -24,7 +24,7 @@ leb128 = "0.2"
 libloading = "0.7"
 tempfile = "3.1"
 which = "4.0"
-rkyv = { version = "0.7.20", features = ["indexmap"] }
+rkyv = { version = "0.7.38", features = ["indexmap"] }
 enumset = "1.0"
 enum-iterator = "0.7.0"
 object = { version = "0.28.3", default-features = false, features = ["write"] }
diff --git a/lib/engine-universal/Cargo.toml b/lib/engine-universal/Cargo.toml
index 3295a9960..d5ba2bfa0 100644
--- a/lib/engine-universal/Cargo.toml
+++ b/lib/engine-universal/Cargo.toml
@@ -23,7 +23,7 @@ wasmer-engine = { path = "../engine", version = "=2.3.0" }
 # flexbuffers = { path = "../../../flatbuffers/rust/flexbuffers", version = "0.1.0" }
 cfg-if = "1.0"
 leb128 = "0.2"
-rkyv = { version = "0.7.20", features = ["indexmap"] }
+rkyv = { version = "0.7.38", features = ["indexmap"] }
 enumset = "1.0"
 
 [target.'cfg(not(target_arch = "wasm32"))'.dependencies]
diff --git a/lib/types/Cargo.toml b/lib/types/Cargo.toml
index 06f65da5b..46f6a716b 100644
--- a/lib/types/Cargo.toml
+++ b/lib/types/Cargo.toml
@@ -15,7 +15,7 @@ serde = { version = "1.0", features = ["derive", "rc"], optional = true, default
 thiserror = "1.0"
 more-asserts = "0.2"
 indexmap = { version = "1.6", features = ["serde-1"] }
-rkyv = { version = "0.7.20", features = ["indexmap"] }
+rkyv = { version = "0.7.38", features = ["indexmap"] }
 enum-iterator = "0.7.0"
 
 [features]
diff --git a/lib/vm/Cargo.toml b/lib/vm/Cargo.toml
index abbae64fc..5eb0291bf 100644
--- a/lib/vm/Cargo.toml
+++ b/lib/vm/Cargo.toml
@@ -21,7 +21,7 @@ more-asserts = "0.2"
 cfg-if = "1.0"
 backtrace = "0.3"
 serde = { version = "1.0", features = ["derive", "rc"] }
-rkyv = { version = "0.7.20", features = ["indexmap"] }
+rkyv = { version = "0.7.38", features = ["indexmap"] }
 enum-iterator = "0.7.0"
 scopeguard = "1.1.0"
 lazy_static = "1.4.0"