diff --git a/packages/binance/package.json b/packages/binance/package.json
index 76639d3d..78905810 100644
--- a/packages/binance/package.json
+++ b/packages/binance/package.json
@@ -25,7 +25,7 @@
     "@ledgerhq/hw-transport-webhid": "6.28.3",
     "@xdefi-tech/chains-core": "*",
     "@xdefi-tech/chains-graphql": "*",
-    "axios": "1.4.0",
+    "axios": "1.6.0",
     "bignumber.js": "9.1.2",
     "reflect-metadata": "0.1.13",
     "rimraf": "4.4.0",
diff --git a/packages/cosmos/package.json b/packages/cosmos/package.json
index ddda3428..cb864a4f 100644
--- a/packages/cosmos/package.json
+++ b/packages/cosmos/package.json
@@ -36,7 +36,7 @@
     "@terra-money/terra.proto": "5.3.0-beta.0",
     "@xdefi-tech/chains-core": "*",
     "@xdefi-tech/chains-graphql": "*",
-    "axios": "1.4.0",
+    "axios": "1.6.0",
     "bech32": "2.0.0",
     "bech32-buffer": "0.2.1",
     "bignumber.js": "9.1.2",
diff --git a/packages/thor/package.json b/packages/thor/package.json
index 798e1162..eae605c3 100644
--- a/packages/thor/package.json
+++ b/packages/thor/package.json
@@ -28,7 +28,7 @@
     "@thorchain/ledger-thorchain": "0.1.0-alpha.2",
     "@xdefi-tech/chains-core": "*",
     "@xdefi-tech/chains-graphql": "*",
-    "axios": "1.4.0",
+    "axios": "1.6.0",
     "bech32": "2.0.0",
     "bech32-buffer": "0.2.1",
     "bignumber.js": "9.1.2",
diff --git a/yarn.lock b/yarn.lock
index a9947291..859072d4 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -7147,10 +7147,10 @@ axios@1.3.4:
     form-data "^4.0.0"
     proxy-from-env "^1.1.0"
 
-axios@1.4.0:
-  version "1.4.0"
-  resolved "https://registry.npmjs.org/axios/-/axios-1.4.0.tgz"
-  integrity sha512-S4XCWMEmzvo64T9GfvQDOXgYRDJ/wsSZc7Jvdgx5u1sd0JwsuPLqb3SYmusag+edF6ziyMensPVqLTSc1PiSEA==
+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"