diff --git a/go.mod b/go.mod
index 7ec13ace993..e18e4beccf3 100644
--- a/go.mod
+++ b/go.mod
@@ -137,7 +137,7 @@ require (
 	github.com/Azure/go-ntlmssp v0.0.0-20221128193559-754e69321358 // indirect
 	github.com/ChainSafe/go-schnorrkel v0.0.0-20200405005733-88cbf1b4c40d // indirect
 	github.com/CosmWasm/wasmd v0.40.1 // indirect
-	github.com/CosmWasm/wasmvm v1.2.4 // indirect
+	github.com/CosmWasm/wasmvm v1.5.4 // indirect
 	github.com/DataDog/zstd v1.5.2 // indirect
 	github.com/Masterminds/goutils v1.1.1 // indirect
 	github.com/Microsoft/go-winio v0.6.1 // indirect
diff --git a/go.sum b/go.sum
index 4174fc39a37..23495a2c271 100644
--- a/go.sum
+++ b/go.sum
@@ -91,8 +91,8 @@ github.com/CloudyKit/fastprinter v0.0.0-20200109182630-33d98a066a53/go.mod h1:+3
 github.com/CloudyKit/jet/v3 v3.0.0/go.mod h1:HKQPgSJmdK8hdoAbKUUWajkHyHo4RaU5rMdUywE7VMo=
 github.com/CosmWasm/wasmd v0.40.1 h1:LxbO78t/6S8TkeQlUrJ0m5O87HtAwLx4RGHq3rdrOEU=
 github.com/CosmWasm/wasmd v0.40.1/go.mod h1:6EOwnv7MpuFaEqxcUOdFV9i4yvrdOciaY6VQ1o7A3yg=
-github.com/CosmWasm/wasmvm v1.2.4 h1:6OfeZuEcEH/9iqwrg2pkeVtDCkMoj9U6PpKtcrCyVrQ=
-github.com/CosmWasm/wasmvm v1.2.4/go.mod h1:vW/E3h8j9xBQs9bCoijDuawKo9kCtxOaS8N8J7KFtkc=
+github.com/CosmWasm/wasmvm v1.5.4 h1:Opqy65ubJ8bMsT08dn85VjRdsLJVPIAgIXif92qOMGc=
+github.com/CosmWasm/wasmvm v1.5.4/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
 github.com/DataDog/datadog-go v3.2.0+incompatible/go.mod h1:LButxg5PwREeZtORoXG3tL4fMGNddJ+vMq1mwgfaqoQ=
 github.com/DataDog/zstd v1.5.2 h1:vUG4lAyuPCXO0TLbXvPv7EB7cNK1QV/luu55UHLrrn8=
 github.com/DataDog/zstd v1.5.2/go.mod h1:g4AWEaM3yOg3HYfnJ3YIawPnVdXJh9QME85blwSAmyw=