diff --git a/Cargo.lock b/Cargo.lock
index b9552a38f88..2982bb8a9d6 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4909,9 +4909,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with"
-version = "3.11.0"
+version = "3.12.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8e28bdad6db2b8340e449f7108f020b3b092e8583a9e3fb82713e1d4e71fe817"
+checksum = "d6b6f7f2fcb69f747921f79f3926bd1e203fce4fef62c268dd3abfb6d86029aa"
 dependencies = [
  "base64 0.22.1",
  "chrono",
@@ -4927,9 +4927,9 @@ dependencies = [
 
 [[package]]
 name = "serde_with_macros"
-version = "3.11.0"
+version = "3.12.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9d846214a9854ef724f3da161b426242d8de7c1fc7de2f89bb1efcb154dca79d"
+checksum = "8d00caa5193a3c8362ac2b73be6b9e768aa5a4b2f721d8f4b339600c3cb51f8e"
 dependencies = [
  "darling",
  "proc-macro2",
diff --git a/single-pool/cli/Cargo.toml b/single-pool/cli/Cargo.toml
index 8706c683e09..1131ecff085 100644
--- a/single-pool/cli/Cargo.toml
+++ b/single-pool/cli/Cargo.toml
@@ -16,7 +16,7 @@ bincode = "1.3.1"
 serde = "1.0.216"
 serde_derive = "1.0.103"
 serde_json = "1.0.134"
-serde_with = "3.11.0"
+serde_with = "3.12.0"
 solana-account-decoder = "2.1.0"
 solana-clap-v3-utils = "2.1.0"
 solana-cli-config = "2.1.0"
diff --git a/slashing/program/Cargo.toml b/slashing/program/Cargo.toml
index 783102e8e22..664738ceb70 100644
--- a/slashing/program/Cargo.toml
+++ b/slashing/program/Cargo.toml
@@ -23,7 +23,7 @@ solana-program = "2.1.0"
 serde = "1.0.216" # must match the serde_derive version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
 serde_bytes = "0.11.15"
 serde_derive = "1.0.210" # must match the serde version, see https://github.com/serde-rs/serde/issues/2584#issuecomment-1685252251
-serde_with = { version = "3.11.0", default-features = false }
+serde_with = { version = "3.12.0", default-features = false }
 
 thiserror = "2.0"
 spl-pod = { version = "0.5.0", path = "../../libraries/pod" }
diff --git a/token/program-2022/Cargo.toml b/token/program-2022/Cargo.toml
index a00dbedf8b0..efe960f5316 100644
--- a/token/program-2022/Cargo.toml
+++ b/token/program-2022/Cargo.toml
@@ -37,7 +37,7 @@ spl-type-length-value = { version = "0.7.0", path = "../../libraries/type-length
 spl-pod = { version = "0.5.0", path = "../../libraries/pod" }
 thiserror = "2.0"
 serde = { version = "1.0.216", optional = true }
-serde_with = { version = "3.11.0", optional = true }
+serde_with = { version = "3.12.0", optional = true }
 base64 = { version = "0.22.1", optional = true }
 
 [target.'cfg(not(target_os = "solana"))'.dependencies]