diff --git a/Cargo.lock b/Cargo.lock
index 7fc1a5c7d80..db21e89c461 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2098,14 +2098,14 @@ dependencies = [
 
 [[package]]
 name = "cid"
-version = "0.11.1"
+version = "0.11.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "3147d8272e8fa0ccd29ce51194dd98f79ddfb8191ba9e3409884e751798acf3a"
+checksum = "cbb4913a732503de004e94ce7a4e7119ffc55d1727cc9979ac3b52f511e6578c"
 dependencies = [
- "core2",
  "multibase",
  "multihash",
- "unsigned-varint 0.8.0",
+ "no_std_io2",
+ "unsigned-varint",
 ]
 
 [[package]]
@@ -2318,15 +2318,6 @@ version = "0.8.7"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "773648b94d0e5d620f64f280777445740e61fe701025087ec8b57f45c791888b"
 
-[[package]]
-name = "core2"
-version = "0.4.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "b49ba7ef1ad6107f8824dbe97de947cbaac53c44e7f9756a1fba0d37c1eec505"
-dependencies = [
- "memchr",
-]
-
 [[package]]
 name = "cpp_demangle"
 version = "0.4.4"
@@ -5574,12 +5565,12 @@ dependencies = [
 
 [[package]]
 name = "multihash"
-version = "0.19.1"
+version = "0.19.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "076d548d76a0e2a0d4ab471d0b1c36c577786dfc4471242035d97a12a735c492"
+checksum = "89ace881e3f514092ce9efbcb8f413d0ad9763860b828981c2de51ddc666936c"
 dependencies = [
- "core2",
- "unsigned-varint 0.7.2",
+ "no_std_io2",
+ "unsigned-varint",
 ]
 
 [[package]]
@@ -5611,6 +5602,15 @@ version = "0.1.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "c96aba5aa877601bb3f6dd6a63a969e1f82e60646e81e71b14496995e9853c91"
 
+[[package]]
+name = "no_std_io2"
+version = "0.8.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8a3564ce7035b1e4778d8cb6cacebb5d766b5e8fe5a75b9e441e33fb61a872c6"
+dependencies = [
+ "memchr",
+]
+
 [[package]]
 name = "notify"
 version = "8.2.0"
@@ -8933,12 +8933,6 @@ version = "0.2.11"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "673aac59facbab8a9007c7f6108d11f63b603f7cabff99fabf650fea5c32b861"
 
-[[package]]
-name = "unsigned-varint"
-version = "0.7.2"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "6889a77d49f1f013504cec6bf97a2c730394adedaeb1deb5ea08949a50541105"
-
 [[package]]
 name = "unsigned-varint"
 version = "0.8.0"
diff --git a/graph/Cargo.toml b/graph/Cargo.toml
index 9032719641c..cbaece3d37c 100644
--- a/graph/Cargo.toml
+++ b/graph/Cargo.toml
@@ -18,7 +18,7 @@ old_bigdecimal = { version = "=0.1.2", features = [
 ], package = "bigdecimal" }
 bytes = "1.0.1"
 bs58 = { workspace = true }
-cid = "0.11.1"
+cid = "0.11.2"
 derive_more = { workspace = true, features = ["debug"] }
 graph_derive = { path = "./derive" }
 diesel = { workspace = true }