diff --git a/Cargo.lock b/Cargo.lock
index 80b6dee7..609b3e6d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -144,9 +144,9 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-schema"
-version = "1.4.1"
+version = "1.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fef683a9c1c4eabd6d31515719d0d2cc66952c4c87f7eb192bfc90384517dc34"
+checksum = "0df41ea55f2946b6b43579659eec048cc2f66e8c8e2e3652fc5e5e476f673856"
 dependencies = [
  "cosmwasm-schema-derive",
  "schemars",
@@ -157,9 +157,9 @@ dependencies = [
 
 [[package]]
 name = "cosmwasm-schema-derive"
-version = "1.4.1"
+version = "1.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "9567025acbb4c0c008178393eb53b3ac3c2e492c25949d3bf415b9cbe80772d8"
+checksum = "43609e92ce1b9368aa951b334dd354a2d0dd4d484931a5f83ae10e12a26c8ba9"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -747,8 +747,8 @@ dependencies = [
  "cosmwasm-storage",
  "cw-multi-test",
  "cw-storage-plus 1.1.0",
- "cw-utils 1.0.1",
- "cw2 1.1.0",
+ "cw-utils 1.0.2",
+ "cw2 1.1.1",
  "itertools 0.11.0",
  "okp4-logic-bindings",
  "okp4-objectarium",
diff --git a/Cargo.toml b/Cargo.toml
index f2e6ef4c..509a39f2 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -2,7 +2,7 @@
 members = ["contracts/*", "packages/*"]
 
 [workspace.dependencies]
-cosmwasm-schema = "1.4.1"
+cosmwasm-schema = "1.5.0"
 cosmwasm-std = "1.4.1"
 cosmwasm-storage = "1.4.1"
 cw-multi-test = "0.15.1"