diff --git a/go.mod b/go.mod
index 3512cdc..e87b4d7 100644
--- a/go.mod
+++ b/go.mod
@@ -6,7 +6,7 @@ require (
 	cosmossdk.io/errors v1.0.1
 	cosmossdk.io/math v1.3.0
 	github.com/avast/retry-go/v4 v4.5.1
-	github.com/babylonlabs-io/babylon v0.11.0
+	github.com/babylonlabs-io/babylon v0.12.0
 	github.com/babylonlabs-io/networks/parameters v0.2.2
 	github.com/btcsuite/btcd v0.24.2
 	github.com/btcsuite/btcd/btcec/v2 v2.3.2
diff --git a/go.sum b/go.sum
index 55a72bd..61c9a22 100644
--- a/go.sum
+++ b/go.sum
@@ -287,8 +287,8 @@ github.com/aws/aws-sdk-go v1.44.122/go.mod h1:y4AeaBuwd2Lk+GepC1E9v0qOiTws0MIWAX
 github.com/aws/aws-sdk-go v1.44.312 h1:llrElfzeqG/YOLFFKjg1xNpZCFJ2xraIi3PqSuP+95k=
 github.com/aws/aws-sdk-go v1.44.312/go.mod h1:aVsgQcEevwlmQ7qHE9I3h+dtQgpqhFB+i8Phjh7fkwI=
 github.com/aws/aws-sdk-go-v2 v0.18.0/go.mod h1:JWVYvqSMppoMJC0x5wdwiImzgXTI9FuZwxzkQq9wy+g=
-github.com/babylonlabs-io/babylon v0.11.0 h1:gRJEkjgy3M9bGSY7VjusA84qn6ca8hXa78ss5Z8D3Cc=
-github.com/babylonlabs-io/babylon v0.11.0/go.mod h1:ZOrTde9vs2xoqGTFw4xhupu2CMulnpywiuk0eh4kPOw=
+github.com/babylonlabs-io/babylon v0.12.0 h1:s2OTcxpk0RzrkVBnVTfnPdJVYDSqnm/33YKPQqEzNCE=
+github.com/babylonlabs-io/babylon v0.12.0/go.mod h1:ZOrTde9vs2xoqGTFw4xhupu2CMulnpywiuk0eh4kPOw=
 github.com/babylonlabs-io/networks/parameters v0.2.2 h1:TCu39fZvjX5f6ZZrjhYe54M6wWxglNewuKu56yE+zrc=
 github.com/babylonlabs-io/networks/parameters v0.2.2/go.mod h1:iEJVOzaLsE33vpP7J4u+CRGfkSIfErUAwRmgCFCBpyI=
 github.com/benbjohnson/clock v1.1.0/go.mod h1:J11/hYXuz8f4ySSvYwY0FKfm+ezbsZBKZxNJlLklBHA=