diff --git a/protocol/go.mod b/protocol/go.mod
index dc2a858803..fc2f37ebe4 100644
--- a/protocol/go.mod
+++ b/protocol/go.mod
@@ -432,7 +432,7 @@ replace (
 	github.com/cometbft/cometbft => github.com/dydxprotocol/cometbft v0.38.6-0.20240426214049-c8beeeada40a
 	// Use dYdX fork of Cosmos SDK
 	github.com/cosmos/cosmos-sdk => github.com/dydxprotocol/cosmos-sdk v0.50.6-0.20240326192503-dd116391188d
-	github.com/cosmos/iavl => github.com/dydxprotocol/iavl v1.1.1-0.20240408175732-0fca9d69cbc4
+	github.com/cosmos/iavl => github.com/dydxprotocol/iavl v1.1.1-0.20240509160433-4cb59900bfb2
 )
 
 replace (
diff --git a/protocol/go.sum b/protocol/go.sum
index c40081b040..e3a8b1e4f7 100644
--- a/protocol/go.sum
+++ b/protocol/go.sum
@@ -531,8 +531,8 @@ github.com/dydxprotocol/cosmos-sdk v0.50.6-0.20240326192503-dd116391188d h1:kHT+
 github.com/dydxprotocol/cosmos-sdk v0.50.6-0.20240326192503-dd116391188d/go.mod h1:NruCXox2SOkVq2ZC5Bs8s2sT+jjVqBEU59wXyZOkCkM=
 github.com/dydxprotocol/cosmos-sdk/store v1.0.3-0.20240326192503-dd116391188d h1:HgLu1FD2oDFzlKW6/+SFXlH5Os8cwNTbplQIrQOWx8w=
 github.com/dydxprotocol/cosmos-sdk/store v1.0.3-0.20240326192503-dd116391188d/go.mod h1:zMcD3hfNwd0WMTpdRUhS3QxoCoEtBXWeoKsu3iaLBbQ=
-github.com/dydxprotocol/iavl v1.1.1-0.20240408175732-0fca9d69cbc4 h1:/ylf3Y3CVT8uFy7E2C/wRcoOEcTMieNiymGqHGsLzKQ=
-github.com/dydxprotocol/iavl v1.1.1-0.20240408175732-0fca9d69cbc4/go.mod h1:8xIUkgVvwvVrBu81scdPty+/Dx9GqwHnAvXz4cwF7RY=
+github.com/dydxprotocol/iavl v1.1.1-0.20240509160433-4cb59900bfb2 h1:c2oXP4JCh26dPJOxT7HgB27ZE+v8R5ysmFLzHIQ9A6A=
+github.com/dydxprotocol/iavl v1.1.1-0.20240509160433-4cb59900bfb2/go.mod h1:8xIUkgVvwvVrBu81scdPty+/Dx9GqwHnAvXz4cwF7RY=
 github.com/eapache/go-resiliency v1.1.0/go.mod h1:kFI+JgMyC7bLPUVY133qvEBtVayf5mFgVsvEsIPBvNs=
 github.com/eapache/go-resiliency v1.3.0 h1:RRL0nge+cWGlxXbUzJ7yMcq6w2XBEr19dCN6HECGaT0=
 github.com/eapache/go-resiliency v1.3.0/go.mod h1:5yPzW0MIvSe0JDsv0v+DvcjEv2FyD6iZYSs1ZI+iQho=