diff --git a/Cargo.lock b/Cargo.lock
index 3953ab0..e290bb3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1122,9 +1122,9 @@ dependencies = [
 
 [[package]]
 name = "insta"
-version = "1.47.1"
+version = "1.47.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "99322078b2c076829a1db959d49da554fabc4342257fc0ba5a070a1eb3a01cd8"
+checksum = "7b4a6248eb93a4401ed2f37dfe8ea592d3cf05b7cf4f8efa867b6895af7e094e"
 dependencies = [
  "console",
  "globset",
@@ -2204,9 +2204,9 @@ dependencies = [
 
 [[package]]
 name = "walrus"
-version = "0.26.0"
+version = "0.26.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d5387fce247006749df1ba65c7c93d1d3f0e36259174f299a8f677e0c38e5091"
+checksum = "e151599d689dac80e85c66a7cfa6ffd1b2ab79220517f9161040a87a5041aee3"
 dependencies = [
  "anyhow",
  "gimli 0.32.3",
@@ -2351,6 +2351,16 @@ dependencies = [
  "wasmparser 0.245.1",
 ]
 
+[[package]]
+name = "wasm-encoder"
+version = "0.246.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "61fb705ce81adde29d2a8e99d87995e39a6e927358c91398f374474746070ef7"
+dependencies = [
+ "leb128fmt",
+ "wasmparser 0.246.2",
+]
+
 [[package]]
 name = "wasm-metadata"
 version = "0.244.0"
@@ -2750,24 +2760,24 @@ dependencies = [
 
 [[package]]
 name = "wast"
-version = "245.0.1"
+version = "246.0.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "28cf1149285569120b8ce39db8b465e8a2b55c34cbb586bd977e43e2bc7300bf"
+checksum = "fe3fe8e3bf88ad96d031b4181ddbd64634b17cb0d06dfc3de589ef43591a9a62"
 dependencies = [
  "bumpalo",
  "leb128fmt",
  "memchr",
  "unicode-width",
- "wasm-encoder 0.245.1",
+ "wasm-encoder 0.246.2",
 ]
 
 [[package]]
 name = "wat"
-version = "1.245.1"
+version = "1.246.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cd48d1679b6858988cb96b154dda0ec5bbb09275b71db46057be37332d5477be"
+checksum = "4bd7fda1199b94fff395c2d19a153f05dbe7807630316fa9673367666fd2ad8c"
 dependencies = [
- "wast 245.0.1",
+ "wast 246.0.2",
 ]
 
 [[package]]
diff --git a/integration_tests/Cargo.toml b/integration_tests/Cargo.toml
index eebeb97..66a9b48 100644
--- a/integration_tests/Cargo.toml
+++ b/integration_tests/Cargo.toml
@@ -13,7 +13,7 @@ shopify_function_trampoline = { path = "../trampoline" }
 shopify_function_provider = { path = "../provider" }
 
 [dev-dependencies]
-walrus = "0.26.0"
+walrus = "0.26.1"
 anyhow = "1.0"
-wat = "1.245.1"
+wat = "1.246.2"
 insta = "1"
diff --git a/trampoline/Cargo.toml b/trampoline/Cargo.toml
index 8595c84..faff80e 100644
--- a/trampoline/Cargo.toml
+++ b/trampoline/Cargo.toml
@@ -8,7 +8,7 @@ homepage = "https://github.com/Shopify/shopify-function-wasm-api"
 description = "Tool for augmenting Wasm modules to be compatible with the Shopify Function Wasm API"
 
 [dependencies]
-walrus = "0.26.0"
+walrus = "0.26.1"
 anyhow = "1.0"
 clap = { version = "4.6.0", features = ["derive"] }
 wasmparser = "0.246.2"
@@ -17,6 +17,6 @@ wasmparser = "0.246.2"
 uuid = { version = "1.23.0", features = ["v4"] }
 assert_cmd = "2.2.0"
 predicates = "3.1.4"
-wat = "1.245.1"
+wat = "1.246.2"
 wasmprinter = "0.246.2"
 insta = { version = "1.47", features = ["glob"] }