diff --git a/Cargo.lock b/Cargo.lock
index 0b15468..4797c2c 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -280,7 +280,7 @@ version = "0.13.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "c1af5a01adeeade54c9f5060300227a8ee64c05b6376f28e9b8ee3b72dd2056f"
 dependencies = [
- "spin",
+ "spin 0.10.0",
 ]
 
 [[package]]
@@ -1466,7 +1466,7 @@ dependencies = [
  "anyhow",
  "flatbuffers",
  "log",
- "spin",
+ "spin 0.10.0",
  "thiserror",
  "tracing",
  "tracing-core",
@@ -1501,7 +1501,7 @@ dependencies = [
  "hyperlight-libc",
  "linkme",
  "log",
- "spin",
+ "spin 0.10.0",
  "tracing",
 ]
 
@@ -1524,7 +1524,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "ca03b1ccd29c0c277555d8bd737257d0598554004f9667bb196227d5ed8b5b7e"
 dependencies = [
  "hyperlight-common",
- "spin",
+ "spin 0.10.0",
  "tracing",
  "tracing-core",
 ]
@@ -1637,7 +1637,7 @@ dependencies = [
  "serde",
  "serde_json",
  "sha2",
- "spin",
+ "spin 0.11.0",
  "tempfile",
  "tracing",
 ]
@@ -3455,6 +3455,15 @@ dependencies = [
  "lock_api",
 ]
 
+[[package]]
+name = "spin"
+version = "0.11.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "783f3f6f6b01e295a669edfc402133a5f2553d1f0e81284b3ba4594e80bdd4a2"
+dependencies = [
+ "lock_api",
+]
+
 [[package]]
 name = "stable_deref_trait"
 version = "1.2.1"
diff --git a/src/hyperlight-js-runtime/Cargo.toml b/src/hyperlight-js-runtime/Cargo.toml
index 7c4f112..40fe7c3 100644
--- a/src/hyperlight-js-runtime/Cargo.toml
+++ b/src/hyperlight-js-runtime/Cargo.toml
@@ -26,7 +26,7 @@ rquickjs = { version = "0.11", default-features = false, features = ["bindgen",
 serde = { version = "1.0.228", default-features = false, features = ["derive", "alloc"] }
 serde_json = { version = "1.0.149", default-features = false, features = ["alloc"] }
 sha2 =  { version = "0.10" , default-features = false, features = ["force-soft"]}
-spin = "0.10"
+spin = "0.11"
 tracing = { version = "0.1.44", default-features = false, features = ["log","attributes","max_level_trace"] }
 
 [target.'cfg(hyperlight)'.dependencies]
diff --git a/src/hyperlight-js-runtime/src/main/hyperlight.rs b/src/hyperlight-js-runtime/src/main/hyperlight.rs
index 148d849..0379468 100644
--- a/src/hyperlight-js-runtime/src/main/hyperlight.rs
+++ b/src/hyperlight-js-runtime/src/main/hyperlight.rs
@@ -62,7 +62,7 @@ impl hyperlight_js_runtime::host::Host for Host {
     }
 }
 
-static RUNTIME: spin::Lazy<Mutex<JsRuntime>> = spin::Lazy::new(|| {
+static RUNTIME: spin::LazyLock<Mutex<JsRuntime>> = spin::LazyLock::new(|| {
     Mutex::new(JsRuntime::new(Host).unwrap_or_else(|e| {
         panic!("Failed to initialize JS runtime: {e:#?}");
     }))
@@ -72,7 +72,7 @@ static RUNTIME: spin::Lazy<Mutex<JsRuntime>> = spin::Lazy::new(|| {
 #[instrument(skip_all, level = "info")]
 fn main() {
     // dereference RUNTIME to force its initialization
-    // of the Lazy static
+    // of the LazyLock static
     let _ = &*RUNTIME;
 }
 
diff --git a/src/hyperlight-js-runtime/src/modules/mod.rs b/src/hyperlight-js-runtime/src/modules/mod.rs
index c0ca64f..a191989 100644
--- a/src/hyperlight-js-runtime/src/modules/mod.rs
+++ b/src/hyperlight-js-runtime/src/modules/mod.rs
@@ -19,7 +19,7 @@ use hashbrown::HashMap;
 use rquickjs::loader::{Loader, Resolver};
 use rquickjs::module::ModuleDef;
 use rquickjs::{Ctx, Module, Result};
-use spin::Lazy;
+use spin::LazyLock;
 
 pub mod console;
 pub mod crypto;
@@ -47,7 +47,7 @@ fn declaration<M: ModuleDef>() -> ModuleDeclarationFn {
     declare::<M>
 }
 
-static NATIVE_MODULES: Lazy<HashMap<&str, ModuleDeclarationFn>> = Lazy::new(|| {
+static NATIVE_MODULES: LazyLock<HashMap<&str, ModuleDeclarationFn>> = LazyLock::new(|| {
     HashMap::from([
         ("io", declaration::<io::js_io>()),
         ("crypto", declaration::<crypto::js_crypto>()),