diff --git a/bun.lock b/bun.lock
index 6522c5c9..e727fd51 100644
--- a/bun.lock
+++ b/bun.lock
@@ -146,7 +146,7 @@
         "@settlemint/sdk-js": "workspace:*",
         "@settlemint/sdk-utils": "workspace:*",
         "commander": "14.0.2",
-        "graphql": "16.11.0",
+        "graphql": "16.12.0",
         "zod": "^4",
         "zod-to-json-schema": "^3.23.0",
       },
@@ -186,7 +186,7 @@
         "zod": "^4",
       },
       "devDependencies": {
-        "graphql": "16.11.0",
+        "graphql": "16.12.0",
         "viem": "^2",
       },
     },
@@ -1007,7 +1007,7 @@
 
     "gql.tada": ["gql.tada@1.8.13", "", { "dependencies": { "@0no-co/graphql.web": "^1.0.5", "@0no-co/graphqlsp": "^1.12.13", "@gql.tada/cli-utils": "1.7.1", "@gql.tada/internal": "1.0.8" }, "peerDependencies": { "typescript": "^5.0.0" }, "bin": { "gql-tada": "bin/cli.js", "gql.tada": "bin/cli.js" } }, "sha512-fYoorairdPgxtE7Sf1X9/6bSN9Kt2+PN8KLg3hcF8972qFnawwUgs1OLVU8efZMHwL7EBHhhKBhrsGPlOs2lZQ=="],
 
-    "graphql": ["graphql@16.11.0", "", {}, "sha512-mS1lbMsxgQj6hge1XZ6p7GPhbrtFwUFYi3wRzXAC/FmYnyXMTvvI3td3rjmQ2u8ewXueaSvRPWaEcgVVOT9Jnw=="],
+    "graphql": ["graphql@16.12.0", "", {}, "sha512-DKKrynuQRne0PNpEbzuEdHlYOMksHSUI8Zc9Unei5gTsMNA2/vMpoMz/yKba50pejK56qj98qM0SjYxAKi13gQ=="],
 
     "graphql-request": ["graphql-request@7.2.0", "", { "dependencies": { "@graphql-typed-document-node/core": "^3.2.0" }, "peerDependencies": { "graphql": "14 - 16" } }, "sha512-0GR7eQHBFYz372u9lxS16cOtEekFlZYB2qOyq8wDvzRmdRSJ0mgUVX1tzNcIzk3G+4NY+mGtSz411wZdeDF/+A=="],
 
@@ -1585,6 +1585,8 @@
 
     "zod-to-json-schema": ["zod-to-json-schema@3.24.6", "", { "peerDependencies": { "zod": "^3.24.1" } }, "sha512-h/z3PKvcTcTetyjl1fkj79MHNEjm+HpD6NXheWjzOekY7kV+lwDYnHw+ivHkijnCSMz1yJaWBD9vu/Fcmk+vEg=="],
 
+    "@0no-co/graphqlsp/graphql": ["graphql@16.11.0", "", {}, "sha512-mS1lbMsxgQj6hge1XZ6p7GPhbrtFwUFYi3wRzXAC/FmYnyXMTvvI3td3rjmQ2u8ewXueaSvRPWaEcgVVOT9Jnw=="],
+
     "@arethetypeswrong/cli/commander": ["commander@10.0.1", "", {}, "sha512-y4Mg2tXshplEbSGzx7amzPwKKOCGuoSRP/CjEdwwk0FOGlUbq6lKuoyDZTNZkmxHdJtp54hdfY/JUrdL7Xfdug=="],
 
     "@arethetypeswrong/cli/semver": ["semver@7.7.2", "", { "bin": { "semver": "bin/semver.js" } }, "sha512-RF0Fw+rO5AMf9MAyaRXI4AV0Ulj5lMHqVxxdSgiVbixSCXoEmmX/jk0CuJw4+3SqroYO9VoUh+HcuJivvtJemA=="],
@@ -1601,6 +1603,8 @@
 
     "@esbuild-kit/esm-loader/get-tsconfig": ["get-tsconfig@4.10.1", "", { "dependencies": { "resolve-pkg-maps": "^1.0.0" } }, "sha512-auHyJ4AgMz7vgS8Hp3N6HXSmlMdUyhSUrfBF16w153rxtLIEOE+HGqaBppczZvnHLqQJfiHotCYpNhl0lUROFQ=="],
 
+    "@gql.tada/cli-utils/graphql": ["graphql@16.11.0", "", {}, "sha512-mS1lbMsxgQj6hge1XZ6p7GPhbrtFwUFYi3wRzXAC/FmYnyXMTvvI3td3rjmQ2u8ewXueaSvRPWaEcgVVOT9Jnw=="],
+
     "@graphql-tools/batch-execute/@graphql-tools/utils": ["@graphql-tools/utils@10.9.1", "", { "dependencies": { "@graphql-typed-document-node/core": "^3.1.1", "@whatwg-node/promise-helpers": "^1.0.0", "cross-inspect": "1.0.1", "dset": "^3.1.4", "tslib": "^2.4.0" }, "peerDependencies": { "graphql": "^14.0.0 || ^15.0.0 || ^16.0.0 || ^17.0.0" } }, "sha512-B1wwkXk9UvU7LCBkPs8513WxOQ2H8Fo5p8HR1+Id9WmYE5+bd51vqN+MbrqvWczHCH2gwkREgHJN88tE0n1FCw=="],
 
     "@graphql-tools/delegate/@graphql-tools/schema": ["@graphql-tools/schema@10.0.25", "", { "dependencies": { "@graphql-tools/merge": "^9.1.1", "@graphql-tools/utils": "^10.9.1", "tslib": "^2.4.0" }, "peerDependencies": { "graphql": "^14.0.0 || ^15.0.0 || ^16.0.0 || ^17.0.0" } }, "sha512-/PqE8US8kdQ7lB9M5+jlW8AyVjRGCKU7TSktuW3WNKSKmDO0MK1wakvb5gGdyT49MjAIb4a3LWxIpwo5VygZuw=="],
diff --git a/sdk/mcp/package.json b/sdk/mcp/package.json
index 8dbde878..f37c1a0a 100644
--- a/sdk/mcp/package.json
+++ b/sdk/mcp/package.json
@@ -47,7 +47,7 @@
     "@settlemint/sdk-js": "workspace:*",
     "@settlemint/sdk-utils": "workspace:*",
     "commander": "14.0.2",
-    "graphql": "16.11.0",
+    "graphql": "16.12.0",
     "zod": "^4",
     "zod-to-json-schema": "^3.23.0"
   },
diff --git a/sdk/portal/package.json b/sdk/portal/package.json
index 1036104f..14893c20 100644
--- a/sdk/portal/package.json
+++ b/sdk/portal/package.json
@@ -53,7 +53,7 @@
     "docs": "typedoc --options '../../typedoc.config.mjs' --entryPoints src/portal.ts --out ./docs"
   },
   "devDependencies": {
-    "graphql": "16.11.0",
+    "graphql": "16.12.0",
     "viem": "^2"
   },
   "dependencies": {