diff --git a/Cargo.lock b/Cargo.lock
index b63f24e3b5e..5800ba1aef3 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3091,9 +3091,9 @@ checksum = "e6d5a32815ae3f33302d95fdcb2ce17862f8c65363dcfd29360480ba1001fc9c"
 
 [[package]]
 name = "futures"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ab30e97ab6aacfe635fad58f22c2bb06c8b685f7421eb1e064a729e2a5f481fa"
+checksum = "7f21eda599937fba36daeb58a22e8f5cee2d14c4a17b5b7739c7c8e5e3b8230c"
 dependencies = [
  "futures-channel",
  "futures-core",
@@ -3106,9 +3106,9 @@ dependencies = [
 
 [[package]]
 name = "futures-channel"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2bfc52cbddcfd745bf1740338492bb0bd83d76c67b445f91c5fb29fae29ecaa1"
+checksum = "30bdd20c28fadd505d0fd6712cdfcb0d4b5648baf45faef7f852afb2399bb050"
 dependencies = [
  "futures-core",
  "futures-sink",
@@ -3116,15 +3116,15 @@ dependencies = [
 
 [[package]]
 name = "futures-core"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "d2acedae88d38235936c3922476b10fced7b2b68136f5e3c03c2d5be348a1115"
+checksum = "4e5aa3de05362c3fb88de6531e6296e85cde7739cccad4b9dfeeb7f6ebce56bf"
 
 [[package]]
 name = "futures-executor"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1d11aa21b5b587a64682c0094c2bdd4df0076c5324961a40cc3abd7f37930528"
+checksum = "9ff63c23854bee61b6e9cd331d523909f238fc7636290b96826e9cfa5faa00ab"
 dependencies = [
  "futures-core",
  "futures-task",
@@ -3134,9 +3134,9 @@ dependencies = [
 
 [[package]]
 name = "futures-io"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "93a66fc6d035a26a3ae255a6d2bca35eda63ae4c5512bef54449113f7a1228e5"
+checksum = "bbf4d2a7a308fd4578637c0b17c7e1c7ba127b8f6ba00b29f717e9655d85eb68"
 
 [[package]]
 name = "futures-lite"
@@ -3155,9 +3155,9 @@ dependencies = [
 
 [[package]]
 name = "futures-macro"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0db9cce532b0eae2ccf2766ab246f114b56b9cf6d445e00c2549fbc100ca045d"
+checksum = "42cd15d1c7456c04dbdf7e88bcd69760d74f3a798d6444e16974b505b0e62f17"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -3177,15 +3177,15 @@ dependencies = [
 
 [[package]]
 name = "futures-sink"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ca0bae1fe9752cf7fd9b0064c674ae63f97b37bc714d745cbde0afb7ec4e6765"
+checksum = "21b20ba5a92e727ba30e72834706623d94ac93a725410b6a6b6fbc1b07f7ba56"
 
 [[package]]
 name = "futures-task"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "842fc63b931f4056a24d59de13fb1272134ce261816e063e634ad0c15cdc5306"
+checksum = "a6508c467c73851293f390476d4491cf4d227dbabcd4170f3bb6044959b294f1"
 
 [[package]]
 name = "futures-timer"
@@ -3195,9 +3195,9 @@ checksum = "e64b03909df88034c26dc1547e8970b91f98bdb65165d6a4e9110d94263dbb2c"
 
 [[package]]
 name = "futures-util"
-version = "0.3.23"
+version = "0.3.24"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f0828a5471e340229c11c77ca80017937ce3c58cb788a17e5f1c2d5c485a9577"
+checksum = "44fb6cb1be61cc1d2e43b262516aafcf63b241cffdb1d3fa115f91d9c7b09c90"
 dependencies = [
  "futures-channel",
  "futures-core",
diff --git a/client/consensus/aura/Cargo.toml b/client/consensus/aura/Cargo.toml
index e4c459e48f1..9e3118c846c 100644
--- a/client/consensus/aura/Cargo.toml
+++ b/client/consensus/aura/Cargo.toml
@@ -8,7 +8,7 @@ edition = "2021"
 [dependencies]
 async-trait = "0.1.57"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = "0.3.23"
+futures = "0.3.24"
 tracing = "0.1.36"
 
 # Substrate
diff --git a/client/consensus/common/Cargo.toml b/client/consensus/common/Cargo.toml
index bddbf56f4ec..633d3630bc1 100644
--- a/client/consensus/common/Cargo.toml
+++ b/client/consensus/common/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 async-trait = "0.1.57"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 dyn-clone = "1.0.9"
-futures = "0.3.23"
+futures = "0.3.24"
 tracing = "0.1.36"
 
 # Substrate
diff --git a/client/consensus/relay-chain/Cargo.toml b/client/consensus/relay-chain/Cargo.toml
index e9d0dae40fb..e86e9d99f5b 100644
--- a/client/consensus/relay-chain/Cargo.toml
+++ b/client/consensus/relay-chain/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 
 [dependencies]
 async-trait = "0.1.57"
-futures = "0.3.23"
+futures = "0.3.24"
 parking_lot = "0.12.1"
 tracing = "0.1.36"
 
diff --git a/client/network/Cargo.toml b/client/network/Cargo.toml
index b4b1704a7d8..fdfa15e5af0 100644
--- a/client/network/Cargo.toml
+++ b/client/network/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 async-trait = "0.1.57"
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
 derive_more = "0.99.2"
-futures = "0.3.23"
+futures = "0.3.24"
 futures-timer = "3.0.2"
 parking_lot = "0.12.1"
 tracing = "0.1.36"
diff --git a/client/pov-recovery/Cargo.toml b/client/pov-recovery/Cargo.toml
index 73920c61013..da6147b173b 100644
--- a/client/pov-recovery/Cargo.toml
+++ b/client/pov-recovery/Cargo.toml
@@ -7,7 +7,7 @@ edition = "2021"
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", features = [ "derive" ] }
-futures = "0.3.23"
+futures = "0.3.24"
 futures-timer = "3.0.2"
 rand = "0.8.5"
 tracing = "0.1.36"
diff --git a/client/relay-chain-inprocess-interface/Cargo.toml b/client/relay-chain-inprocess-interface/Cargo.toml
index 612b56c0ad8..d2ae9ca1556 100644
--- a/client/relay-chain-inprocess-interface/Cargo.toml
+++ b/client/relay-chain-inprocess-interface/Cargo.toml
@@ -6,7 +6,7 @@ edition = "2021"
 
 [dependencies]
 async-trait = "0.1.57"
-futures = "0.3.23"
+futures = "0.3.24"
 futures-timer = "3.0.2"
 tracing = "0.1.36"
 
diff --git a/client/relay-chain-interface/Cargo.toml b/client/relay-chain-interface/Cargo.toml
index 49cf0bf3800..474480f2ea7 100644
--- a/client/relay-chain-interface/Cargo.toml
+++ b/client/relay-chain-interface/Cargo.toml
@@ -17,7 +17,7 @@ sp-blockchain = { git = "https://github.com/paritytech/substrate", branch = "mas
 sp-state-machine = { git = "https://github.com/paritytech/substrate", branch = "master" }
 sc-client-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
 
-futures = "0.3.23"
+futures = "0.3.24"
 parking_lot = "0.12.1"
 derive_more = "0.99.2"
 async-trait = "0.1.57"
diff --git a/client/relay-chain-rpc-interface/Cargo.toml b/client/relay-chain-rpc-interface/Cargo.toml
index 34f49a69f83..38e1c37ad5f 100644
--- a/client/relay-chain-rpc-interface/Cargo.toml
+++ b/client/relay-chain-rpc-interface/Cargo.toml
@@ -20,7 +20,7 @@ sp-storage = { git = "https://github.com/paritytech/substrate", branch = "master
 sc-rpc-api = { git = "https://github.com/paritytech/substrate", branch = "master" }
 tokio = { version = "1.19.2", features = ["sync"] }
 
-futures = "0.3.23"
+futures = "0.3.24"
 futures-timer = "3.0.2"
 parity-scale-codec = "3.1.5"
 parking_lot = "0.12.1"
diff --git a/polkadot-parachain/Cargo.toml b/polkadot-parachain/Cargo.toml
index 9822b10224b..ab241a07c93 100644
--- a/polkadot-parachain/Cargo.toml
+++ b/polkadot-parachain/Cargo.toml
@@ -10,7 +10,7 @@ description = "Runs a polkadot parachain node which could be a collator."
 async-trait = "0.1.57"
 clap = { version = "3.2.17", features = ["derive", "deprecated"] }
 codec = { package = "parity-scale-codec", version = "3.0.0" }
-futures = "0.3.23"
+futures = "0.3.24"
 hex-literal = "0.3.4"
 log = "0.4.17"
 serde = { version = "1.0.144", features = ["derive"] }
diff --git a/primitives/timestamp/Cargo.toml b/primitives/timestamp/Cargo.toml
index 23d0f5a7db6..88414029883 100644
--- a/primitives/timestamp/Cargo.toml
+++ b/primitives/timestamp/Cargo.toml
@@ -7,7 +7,7 @@ description = "Provides timestamp related functionality for parachains."
 
 [dependencies]
 codec = { package = "parity-scale-codec", version = "3.0.0", default-features = false, features = [ "derive" ] }
-futures = "0.3.23"
+futures = "0.3.24"
 
 # Substrate
 sp-inherents = { git = "https://github.com/paritytech/substrate", default-features = false, branch = "master" }
diff --git a/test/service/Cargo.toml b/test/service/Cargo.toml
index 26c9401d31f..85974e67d8c 100644
--- a/test/service/Cargo.toml
+++ b/test/service/Cargo.toml
@@ -72,7 +72,7 @@ cumulus-test-relay-validation-worker-provider = { path = "../relay-validation-wo
 cumulus-test-runtime = { path = "../runtime" }
 
 [dev-dependencies]
-futures = "0.3.23"
+futures = "0.3.24"
 portpicker = "0.1.1"
 
 # Polkadot dependencies