diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index acb59469..a6252237 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -1,14 +1,14 @@
 default_stages: [pre-commit]
 repos:
   - repo: https://github.com/astral-sh/ruff-pre-commit
-    rev: v0.12.7
+    rev: v0.13.2
     hooks:
       - id: ruff-check
         args: [--fix]
       - id: ruff-format
 
   - repo: https://github.com/pre-commit/pre-commit-hooks
-    rev: v5.0.0
+    rev: v6.0.0
     hooks:
       - id: check-toml
       - id: check-yaml
diff --git a/hooks/openfeature-hooks-opentelemetry/pyproject.toml b/hooks/openfeature-hooks-opentelemetry/pyproject.toml
index 0ec0fd77..ded42d3c 100644
--- a/hooks/openfeature-hooks-opentelemetry/pyproject.toml
+++ b/hooks/openfeature-hooks-opentelemetry/pyproject.toml
@@ -27,7 +27,7 @@ Homepage = "https://github.com/open-feature/python-sdk-contrib"
 [dependency-groups]
 dev = [
   "coverage[toml]>=7.10.0,<8.0.0",
-  "mypy[faster-cache]>=1.17.0,<2.0.0",
+  "mypy>=1.18.0,<2.0.0",
   "pytest>=8.4.0,<9.0.0",
 ]
 
@@ -43,7 +43,9 @@ files = "src"
 python_version = "3.9" # should be identical to the minimum supported version
 namespace_packages = true
 explicit_package_bases = true
-local_partial_types = true
+local_partial_types = true # will become the new default from version 2
+allow_redefinition_new = true # will become the new default from version 2
+fixed_format_cache = true # new caching mechanism
 pretty = true
 
 strict = true
diff --git a/providers/openfeature-provider-env-var/pyproject.toml b/providers/openfeature-provider-env-var/pyproject.toml
index 9632984b..0f38df6b 100644
--- a/providers/openfeature-provider-env-var/pyproject.toml
+++ b/providers/openfeature-provider-env-var/pyproject.toml
@@ -26,7 +26,7 @@ Homepage = "https://github.com/open-feature/python-sdk-contrib"
 [dependency-groups]
 dev = [
   "coverage[toml]>=7.10.0,<8.0.0",
-  "mypy[faster-cache]>=1.17.0,<2.0.0",
+  "mypy>=1.18.0,<2.0.0",
   "pytest>=8.4.0,<9.0.0",
 ]
 
@@ -42,7 +42,9 @@ files = "src"
 python_version = "3.9" # should be identical to the minimum supported version
 namespace_packages = true
 explicit_package_bases = true
-local_partial_types = true
+local_partial_types = true # will become the new default from version 2
+allow_redefinition_new = true # will become the new default from version 2
+fixed_format_cache = true # new caching mechanism
 pretty = true
 
 strict = true
diff --git a/providers/openfeature-provider-flagd/pyproject.toml b/providers/openfeature-provider-flagd/pyproject.toml
index b0f6bbad..27120527 100644
--- a/providers/openfeature-provider-flagd/pyproject.toml
+++ b/providers/openfeature-provider-flagd/pyproject.toml
@@ -36,7 +36,7 @@ dev = [
   "asserts>=0.13.0,<0.14.0",
   "coverage[toml]>=7.10.0,<8.0.0",
   "grpcio-health-checking>=1.74.0,<2.0.0",
-  "mypy[faster-cache]>=1.17.0,<2.0.0",
+  "mypy>=1.18.0,<2.0.0",
   "pytest>=8.4.0,<9.0.0",
   "pytest-bdd>=8.1.0,<9.0.0",
   "testcontainers>=4.12.0,<5.0.0",
@@ -87,7 +87,9 @@ files = "src"
 python_version = "3.9" # should be identical to the minimum supported version
 namespace_packages = true
 explicit_package_bases = true
-local_partial_types = true
+local_partial_types = true # will become the new default from version 2
+allow_redefinition_new = true # will become the new default from version 2
+fixed_format_cache = true # new caching mechanism
 pretty = true
 
 strict = true
diff --git a/providers/openfeature-provider-flipt/pyproject.toml b/providers/openfeature-provider-flipt/pyproject.toml
index 1c907026..5f3cddc4 100644
--- a/providers/openfeature-provider-flipt/pyproject.toml
+++ b/providers/openfeature-provider-flipt/pyproject.toml
@@ -27,7 +27,7 @@ Homepage = "https://github.com/open-feature/python-sdk-contrib"
 [dependency-groups]
 dev = [
   "coverage[toml]>=7.10.0,<8.0.0",
-  "mypy[faster-cache]>=1.17.0,<2.0.0",
+  "mypy>=1.18.0,<2.0.0",
   "pytest>=8.4.0,<9.0.0",
   "requests-mock>=1.12.0,<2.0.0",
   "types-requests>=2.32.0,<3.0.0",
@@ -50,7 +50,9 @@ files = "src"
 python_version = "3.9" # should be identical to the minimum supported version
 namespace_packages = true
 explicit_package_bases = true
-local_partial_types = true
+local_partial_types = true # will become the new default from version 2
+allow_redefinition_new = true # will become the new default from version 2
+fixed_format_cache = true # new caching mechanism
 pretty = true
 
 strict = true
diff --git a/providers/openfeature-provider-ofrep/pyproject.toml b/providers/openfeature-provider-ofrep/pyproject.toml
index c8662824..f06b1930 100644
--- a/providers/openfeature-provider-ofrep/pyproject.toml
+++ b/providers/openfeature-provider-ofrep/pyproject.toml
@@ -28,7 +28,7 @@ Homepage = "https://github.com/open-feature/python-sdk-contrib"
 [dependency-groups]
 dev = [
   "coverage[toml]>=7.10.0,<8.0.0",
-  "mypy[faster-cache]>=1.17.0,<2.0.0",
+  "mypy>=1.18.0,<2.0.0",
   "pytest>=8.4.0,<9.0.0",
   "requests-mock>=1.12.0,<2.0.0",
   "types-requests>=2.32.0,<3.0.0",
@@ -56,7 +56,9 @@ files = "src"
 python_version = "3.9" # should be identical to the minimum supported version
 namespace_packages = true
 explicit_package_bases = true
-local_partial_types = true
+local_partial_types = true # will become the new default from version 2
+allow_redefinition_new = true # will become the new default from version 2
+fixed_format_cache = true # new caching mechanism
 pretty = true
 
 strict = true
diff --git a/uv.lock b/uv.lock
index 721c8cfe..cb8fbe1a 100644
--- a/uv.lock
+++ b/uv.lock
@@ -829,7 +829,7 @@ dev = [
     { name = "asserts" },
     { name = "coverage", extra = ["toml"] },
     { name = "grpcio-health-checking" },
-    { name = "mypy", extra = ["faster-cache"] },
+    { name = "mypy" },
     { name = "pytest" },
     { name = "pytest-bdd" },
     { name = "testcontainers", version = "4.13.0", source = { registry = "https://pypi.org/simple" }, marker = "python_full_version < '3.9.2'" },
@@ -855,7 +855,7 @@ dev = [
     { name = "asserts", specifier = ">=0.13.0,<0.14.0" },
     { name = "coverage", extras = ["toml"], specifier = ">=7.10.0,<8.0.0" },
     { name = "grpcio-health-checking", specifier = ">=1.74.0,<2.0.0" },
-    { name = "mypy", extras = ["faster-cache"], specifier = ">=1.17.0,<2.0.0" },
+    { name = "mypy", specifier = ">=1.18.0,<2.0.0" },
     { name = "pytest", specifier = ">=8.4.0,<9.0.0" },
     { name = "pytest-bdd", specifier = ">=8.1.0,<9.0.0" },
     { name = "testcontainers", specifier = ">=4.12.0,<5.0.0" },
@@ -875,7 +875,7 @@ dependencies = [
 [package.dev-dependencies]
 dev = [
     { name = "coverage", extra = ["toml"] },
-    { name = "mypy", extra = ["faster-cache"] },
+    { name = "mypy" },
     { name = "pytest" },
     { name = "requests-mock" },
     { name = "types-requests" },
@@ -890,7 +890,7 @@ requires-dist = [
 [package.metadata.requires-dev]
 dev = [
     { name = "coverage", extras = ["toml"], specifier = ">=7.10.0,<8.0.0" },
-    { name = "mypy", extras = ["faster-cache"], specifier = ">=1.17.0,<2.0.0" },
+    { name = "mypy", specifier = ">=1.18.0,<2.0.0" },
     { name = "pytest", specifier = ">=8.4.0,<9.0.0" },
     { name = "requests-mock", specifier = ">=1.12.0,<2.0.0" },
     { name = "types-requests", specifier = ">=2.32.0,<3.0.0" },
@@ -908,7 +908,7 @@ dependencies = [
 [package.dev-dependencies]
 dev = [
     { name = "coverage", extra = ["toml"] },
-    { name = "mypy", extra = ["faster-cache"] },
+    { name = "mypy" },
     { name = "pytest" },
     { name = "requests-mock" },
     { name = "types-requests" },
@@ -923,7 +923,7 @@ requires-dist = [
 [package.metadata.requires-dev]
 dev = [
     { name = "coverage", extras = ["toml"], specifier = ">=7.10.0,<8.0.0" },
-    { name = "mypy", extras = ["faster-cache"], specifier = ">=1.17.0,<2.0.0" },
+    { name = "mypy", specifier = ">=1.18.0,<2.0.0" },
     { name = "pytest", specifier = ">=8.4.0,<9.0.0" },
     { name = "requests-mock", specifier = ">=1.12.0,<2.0.0" },
     { name = "types-requests", specifier = ">=2.32.0,<3.0.0" },