diff --git a/.changelog/1499.internal.md b/.changelog/1499.internal.md
new file mode 100644
index 000000000..787f5708c
--- /dev/null
+++ b/.changelog/1499.internal.md
@@ -0,0 +1 @@
+Update dependencies
diff --git a/package.json b/package.json
index 0c5f5e1c5..db2fb3e17 100644
--- a/package.json
+++ b/package.json
@@ -71,7 +71,7 @@
     "@oasisprotocol/client-rt": "1.1.0",
     "@tanstack/react-query": "4.36.1",
     "@tanstack/react-query-devtools": "4.36.1",
-    "axios": "1.7.2",
+    "axios": "1.7.4",
     "bignumber.js": "9.1.2",
     "bip39": "^3.1.0",
     "date-fns": "3.6.0",
diff --git a/yarn.lock b/yarn.lock
index ff3968673..811371b80 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -5766,10 +5766,10 @@ axe-core@^4.6.2:
   resolved "https://registry.yarnpkg.com/axe-core/-/axe-core-4.7.2.tgz#040a7342b20765cb18bb50b628394c21bccc17a0"
   integrity sha512-zIURGIS1E1Q4pcrMjp+nnEh+16G56eG/MUllJH8yEvw7asDo7Ac9uhC9KIH5jzpITueEZolfYglnCGIuSBz39g==
 
-axios@1.7.2:
-  version "1.7.2"
-  resolved "https://registry.yarnpkg.com/axios/-/axios-1.7.2.tgz#b625db8a7051fbea61c35a3cbb3a1daa7b9c7621"
-  integrity sha512-2A8QhOMrbomlDuiLeK9XibIBzuHeRcqqNOHp0Cyp5EoJ1IFDh+XZH3A6BkXtv0K4gFGCI0Y4BM7B1wOEi0Rmgw==
+axios@1.7.4:
+  version "1.7.4"
+  resolved "https://registry.yarnpkg.com/axios/-/axios-1.7.4.tgz#4c8ded1b43683c8dd362973c393f3ede24052aa2"
+  integrity sha512-DukmaFRnY6AzAALSH4J2M3k6PkaC+MfaAGdEERRWcC9q3/TWQwLpHR8ZRLKTdQ3aBDL64EdluRDjJqKw+BPZEw==
   dependencies:
     follow-redirects "^1.15.6"
     form-data "^4.0.0"