diff --git a/Cargo.lock b/Cargo.lock
index eedf1c64b7..c205b7be28 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -6961,9 +6961,9 @@ checksum = "af190c94f2773fdb3729c55b007a722abb5384da03bc0986df4c289bf5567e96"
 
 [[package]]
 name = "wasm-encoder"
-version = "0.205.0"
+version = "0.206.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "90e95b3563d164f33c1cfb0a7efbd5940c37710019be10cd09f800fdec8b0e5c"
+checksum = "d759312e1137f199096d80a70be685899cd7d3d09c572836bb2e9b69b4dc3b1e"
 dependencies = [
  "leb128",
 ]
@@ -7059,9 +7059,9 @@ dependencies = [
 
 [[package]]
 name = "wast"
-version = "205.0.0"
+version = "206.0.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "441a6a195b3b5245e26d450bbcc91366c6b652382a22f63cbe3c73240e13b2bb"
+checksum = "68586953ee4960b1f5d84ebf26df3b628b17e6173bc088e0acfbce431469795a"
 dependencies = [
  "bumpalo",
  "leb128",
@@ -7072,9 +7072,9 @@ dependencies = [
 
 [[package]]
 name = "wat"
-version = "1.205.0"
+version = "1.206.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "19832624d606e7c6bf3cd4caa73578ecec5eac30c768269256d19c79900beb18"
+checksum = "da4c6f2606276c6e991aebf441b2fc92c517807393f039992a3e0ad873efe4ad"
 dependencies = [
  "wast",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index 0a4a802984..a21f00bf0f 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -81,7 +81,7 @@ wasm-instrument = { version = "0.4.0" }
 which = { version = "6.0.1" }
 xxhash-rust = { version = "0.8" }
 const_env = { version = "0.1"}
-wat = { version = "1.205.0" }
+wat = { version = "1.206.0" }
 
 # Substrate dependencies
 frame-metadata = { version = "16.0.0" }