diff --git a/Cargo.lock b/Cargo.lock
index d9db6a482..bfad18e9b 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -215,9 +215,9 @@ dependencies = [
 
 [[package]]
 name = "anyhow"
-version = "1.0.87"
+version = "1.0.88"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "10f00e1f6e58a40e807377c75c6a7f97bf9044fab57816f2414e6f5f4499d7b8"
+checksum = "4e1496f8fb1fbf272686b8d37f523dab3e4a7443300055e74cdaa449f3114356"
 
 [[package]]
 name = "approx"
diff --git a/crates/client/Cargo.toml b/crates/client/Cargo.toml
index e985bfcba..552d0960e 100644
--- a/crates/client/Cargo.toml
+++ b/crates/client/Cargo.toml
@@ -29,7 +29,7 @@ reqwest         ={ version="0.12.7", features=["json", "stream"], optional=true
 base64          ={ version="0.22.0", optional=true }
 synedrion       ={ git="https://github.com/entropyxyz/synedrion", rev="1d210d149dfeb0dca1dd41d7fac4d0bf03c686fa", optional=true }
 hex             ={ version="0.4.3", optional=true }
-anyhow          ="1.0.87"
+anyhow          ="1.0.88"
 
 # Only for the browser
 js-sys={ version="0.3.70", optional=true }
diff --git a/crates/protocol/Cargo.toml b/crates/protocol/Cargo.toml
index 313e273ec..eaad17a8b 100644
--- a/crates/protocol/Cargo.toml
+++ b/crates/protocol/Cargo.toml
@@ -49,7 +49,7 @@ schnorrkel          ={ version="0.11.4", default-features=false, features=["std"
 [dev-dependencies]
 serial_test="3.1.1"
 sp-keyring ="34.0.0"
-anyhow     ="1.0.87"
+anyhow     ="1.0.88"
 num_cpus   ="1.16.0"
 
 [features]
diff --git a/crates/test-cli/Cargo.toml b/crates/test-cli/Cargo.toml
index b027455c2..67a269673 100644
--- a/crates/test-cli/Cargo.toml
+++ b/crates/test-cli/Cargo.toml
@@ -14,7 +14,7 @@ clap          ={ version="4.5.17", features=["derive"] }
 colored       ="2.0.4"
 subxt         ="0.35.3"
 sp-core       ="31.0.0"
-anyhow        ="1.0.87"
+anyhow        ="1.0.88"
 tokio         ={ version="1.40", features=["macros", "rt-multi-thread", "io-util", "process"] }
 hex           ="0.4.3"
 bincode       ="1.3.3"
diff --git a/crates/threshold-signature-server/Cargo.toml b/crates/threshold-signature-server/Cargo.toml
index 01f9fc5c8..d5d165f83 100644
--- a/crates/threshold-signature-server/Cargo.toml
+++ b/crates/threshold-signature-server/Cargo.toml
@@ -12,7 +12,7 @@ edition    ='2021'
 # Common
 serde              ={ version="1.0", default-features=false, features=["derive"] }
 serde_json         ="1.0"
-anyhow             ="1.0.87"
+anyhow             ="1.0.88"
 thiserror          ="1.0.63"
 blake2             ="0.10.4"
 x25519-dalek       ={ version="2.0.1", features=["static_secrets"] }