diff --git a/package.json b/package.json
index b7ecb0545bf..e733f9d8fd2 100644
--- a/package.json
+++ b/package.json
@@ -49,7 +49,7 @@
     "@cosmjs/tendermint-rpc": "^0.31.0",
     "@solana/web3.js": "^1.30.2",
     "@types/moment": "^2.13.0",
-    "axios": "^1.3.4",
+    "axios": "^1.6.0",
     "ethers": "5.7.2",
     "moment": "^2.23.0",
     "pg": "^8.7.1",
diff --git a/yarn.lock b/yarn.lock
index 98e29389710..4e591466afb 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -9499,10 +9499,10 @@ axios@^0.26.0:
   dependencies:
     follow-redirects "^1.14.8"
 
-axios@^1.3.4:
-  version "1.3.5"
-  resolved "https://registry.yarnpkg.com/axios/-/axios-1.3.5.tgz#e07209b39a0d11848e3e341fa087acd71dadc542"
-  integrity sha512-glL/PvG/E+xCWwV8S6nCHcrfg1exGx7vxyUIivIA1iL7BIh6bePylCfVHwp6k13ao7SATxB6imau2kqY+I67kw==
+axios@^1.6.0:
+  version "1.6.0"
+  resolved "https://registry.yarnpkg.com/axios/-/axios-1.6.0.tgz#f1e5292f26b2fd5c2e66876adc5b06cdbd7d2102"
+  integrity sha512-EZ1DYihju9pwVB+jg67ogm+Tmqc6JmhamRN6I4Zt8DfZu5lbcQGw3ozH9lFejSJgs/ibaef3A9PMXPLeefFGJg==
   dependencies:
     follow-redirects "^1.15.0"
     form-data "^4.0.0"
@@ -14885,17 +14885,7 @@ flux@^4.0.1:
     fbemitter "^3.0.0"
     fbjs "^3.0.1"
 
-follow-redirects@^1.0.0:
-  version "1.14.8"
-  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.14.8.tgz#016996fb9a11a100566398b1c6839337d7bfa8fc"
-  integrity sha512-1x0S9UVJHsQprFcEC/qnNzBLcIxsjAV905f/UkQxbclCsoTWlacCNOpQa/anodLl2uaEKFhfWOvM2Qg77+15zA==
-
-follow-redirects@^1.12.1, follow-redirects@^1.14.0:
-  version "1.15.1"
-  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.15.1.tgz#0ca6a452306c9b276e4d3127483e29575e207ad5"
-  integrity sha512-yLAMQs+k0b2m7cVxpS1VKJVvoz7SS9Td1zss3XRwXj+ZDH00RJgnuLx7E44wx02kQLrdM3aOOy+FpzS7+8OizA==
-
-follow-redirects@^1.14.8, follow-redirects@^1.14.9, follow-redirects@^1.15.0:
+follow-redirects@^1.0.0, follow-redirects@^1.12.1, follow-redirects@^1.14.0, follow-redirects@^1.14.8, follow-redirects@^1.14.9, follow-redirects@^1.15.0:
   version "1.15.2"
   resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.15.2.tgz#b460864144ba63f2681096f274c4e57026da2c13"
   integrity sha512-VQLG33o04KaQ8uYi2tVNbdrWp1QWxNNea+nmIB4EVM28v0hmP17z7aG1+wAkNzVq4KeXTq3221ye5qTJP91JwA==