diff --git a/Cargo.lock b/Cargo.lock
index aeba67645d..e09a288e1d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -6960,11 +6960,12 @@ checksum = "af190c94f2773fdb3729c55b007a722abb5384da03bc0986df4c289bf5567e96"
 
 [[package]]
 name = "wasm-encoder"
-version = "0.207.0"
+version = "0.219.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d996306fb3aeaee0d9157adbe2f670df0236caf19f6728b221e92d0f27b3fe17"
+checksum = "29cbbd772edcb8e7d524a82ee8cef8dd046fc14033796a754c3ad246d019fa54"
 dependencies = [
  "leb128",
+ "wasmparser",
 ]
 
 [[package]]
@@ -7047,6 +7048,16 @@ dependencies = [
  "paste",
 ]
 
+[[package]]
+name = "wasmparser"
+version = "0.219.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "5c771866898879073c53b565a6c7b49953795159836714ac56a5befb581227c5"
+dependencies = [
+ "bitflags 2.4.2",
+ "indexmap 2.2.5",
+]
+
 [[package]]
 name = "wasmparser-nostd"
 version = "0.100.1"
@@ -7058,9 +7069,9 @@ dependencies = [
 
 [[package]]
 name = "wast"
-version = "207.0.0"
+version = "219.0.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0e40be9fd494bfa501309487d2dc0b3f229be6842464ecbdc54eac2679c84c93"
+checksum = "4f79a9d9df79986a68689a6b40bcc8d5d40d807487b235bebc2ac69a242b54a1"
 dependencies = [
  "bumpalo",
  "leb128",
@@ -7071,9 +7082,9 @@ dependencies = [
 
 [[package]]
 name = "wat"
-version = "1.207.0"
+version = "1.219.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8eb2b15e2d5f300f5e1209e7dc237f2549edbd4203655b6c6cab5cf180561ee7"
+checksum = "8bc3cf014fb336883a411cd662f987abf6a1d2a27f2f0008616a0070bbf6bd0d"
 dependencies = [
  "wast",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index dcb7f9b794..b636118352 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 = "1.207.0" }
+wat = { version = "1.219.1" }
 
 # Substrate dependencies
 frame-metadata = { version = "16.0.0" }