diff --git a/Cargo.lock b/Cargo.lock
index 9cfde62cc1dbb..1e76dbffd1c8d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5801,9 +5801,9 @@ checksum = "1fd0f2584146f6f2ef48085050886acf353beff7305ebd1ae69500e27c67f64b"
 
 [[package]]
 name = "bytes"
-version = "1.5.0"
+version = "1.11.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a2bd12c1caf447e69cd4528f47f94d203fd2582878ecb9e9465484c4148a8223"
+checksum = "1e748733b7cbc798e1434b6ac524f0c1ff2ab456fe201501e6497c8417a4fc33"
 dependencies = [
  "serde",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index 3eb1af3352cc2..51b661ef229ba 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -483,7 +483,7 @@ blstrs = { version = "0.7.1", features = ["serde", "__private_bench"] }
 bollard = "0.15"
 bulletproofs = { version = "4.0.0" }
 byteorder = "1.4.3"
-bytes = { version = "1.4.0", features = ["serde"] }
+bytes = { version = "1.11.1", features = ["serde"] }
 chrono = { version = "0.4.19", features = ["clock", "serde"] }
 cfg_block = "0.1.1"
 cfg-if = "1.0.0"
diff --git a/third_party/move/extensions/async/move-async-vm/Cargo.toml b/third_party/move/extensions/async/move-async-vm/Cargo.toml
index 8aca0f2f2fa73..07a89a7e30142 100644
--- a/third_party/move/extensions/async/move-async-vm/Cargo.toml
+++ b/third_party/move/extensions/async/move-async-vm/Cargo.toml
@@ -11,7 +11,7 @@ publish = false
 [dependencies]
 anyhow = "1.0.52"
 better_any = "0.1.1"
-bytes = "1.4.0"
+bytes = "1.11.1"
 itertools = "0.10.0"
 move-binary-format = { path = "../../../move-binary-format" }
 move-command-line-common = { path = "../../../move-command-line-common" }
diff --git a/third_party/move/extensions/move-table-extension/Cargo.toml b/third_party/move/extensions/move-table-extension/Cargo.toml
index 1a857f2eaf723..0776a2818c43c 100644
--- a/third_party/move/extensions/move-table-extension/Cargo.toml
+++ b/third_party/move/extensions/move-table-extension/Cargo.toml
@@ -11,7 +11,7 @@ publish = false
 [dependencies]
 anyhow = "1.0.52"
 better_any = "0.1.1"
-bytes = "1.4.0"
+bytes = "1.11.1"
 move-binary-format = { path = "../../move-binary-format" }
 move-core-types = { path = "../../move-core/types" }
 move-vm-runtime = { path = "../../move-vm/runtime" }
diff --git a/third_party/move/move-core/types/Cargo.toml b/third_party/move/move-core/types/Cargo.toml
index bcf8908a0d3a4..30334281683ed 100644
--- a/third_party/move/move-core/types/Cargo.toml
+++ b/third_party/move/move-core/types/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2021"
 [dependencies]
 anyhow = "1.0.52"
 arbitrary = { version = "1.3.2", features = [ "derive_arbitrary"], optional = true }
-bytes = { version = "1.4.0" }
+bytes = { version = "1.11.1" }
 ethnum = "1.0.4"
 hashbrown = "0.14.3"
 hex = "0.4.3"
diff --git a/third_party/move/move-vm/integration-tests/Cargo.toml b/third_party/move/move-vm/integration-tests/Cargo.toml
index 1d9de57a6fcd0..d98edbb4301d7 100644
--- a/third_party/move/move-vm/integration-tests/Cargo.toml
+++ b/third_party/move/move-vm/integration-tests/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2021"
 
 [dependencies]
 anyhow = "1.0.52"
-bytes = "1.4.0"
+bytes = "1.11.1"
 memory-stats = "1.0.0"
 move-binary-format = { path = "../../move-binary-format" }
 move-bytecode-verifier = { path = "../../move-bytecode-verifier" }
diff --git a/third_party/move/move-vm/runtime/Cargo.toml b/third_party/move/move-vm/runtime/Cargo.toml
index cd1d573760370..1acf6bffd4cbe 100644
--- a/third_party/move/move-vm/runtime/Cargo.toml
+++ b/third_party/move/move-vm/runtime/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2021"
 
 [dependencies]
 better_any = "0.1.1"
-bytes = "1.4.0"
+bytes = "1.11.1"
 fail = "0.4.0"
 hashbrown = "0.14.3"
 lazy_static = "1.4.0"
diff --git a/third_party/move/move-vm/test-utils/Cargo.toml b/third_party/move/move-vm/test-utils/Cargo.toml
index b3fe1ee6785bf..b41e3ad23e909 100644
--- a/third_party/move/move-vm/test-utils/Cargo.toml
+++ b/third_party/move/move-vm/test-utils/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2021"
 
 [dependencies]
 anyhow = "1.0.52"
-bytes = "1.4.0"
+bytes = "1.11.1"
 once_cell = "1.7.2"
 serde = { version = "1.0.124", features = ["derive", "rc"] }
 
diff --git a/third_party/move/tools/move-cli/Cargo.toml b/third_party/move/tools/move-cli/Cargo.toml
index 225cd5e79c5e1..bf1064822a536 100644
--- a/third_party/move/tools/move-cli/Cargo.toml
+++ b/third_party/move/tools/move-cli/Cargo.toml
@@ -11,7 +11,7 @@ edition = "2021"
 
 [dependencies]
 anyhow = "1.0.52"
-bytes = "1.4.0"
+bytes = "1.11.1"
 clap = { version = "4.3.9", features = ["derive"] }
 codespan-reporting = "0.11.1"
 colored = "2.0.0"
diff --git a/third_party/move/tools/move-unit-test/Cargo.toml b/third_party/move/tools/move-unit-test/Cargo.toml
index b59e7c260e2a4..69c57dd1cc01c 100644
--- a/third_party/move/tools/move-unit-test/Cargo.toml
+++ b/third_party/move/tools/move-unit-test/Cargo.toml
@@ -12,7 +12,7 @@ edition = "2021"
 [dependencies]
 anyhow = "1.0.52"
 better_any = "0.1.1"
-bytes = { version = "1.4.0" }
+bytes = { version = "1.11.1" }
 clap = { version = "4.3.9", features = ["derive"] }
 codespan-reporting = "0.11.1"
 colored = "2.0.0"