diff --git a/Cargo.lock b/Cargo.lock
index 430ade292..9c97724cf 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -5521,9 +5521,9 @@ dependencies = [
 
 [[package]]
 name = "wasm-instrument"
-version = "0.2.0"
+version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8bca81f5279342b38b17d9acbf007a46ddeb73144e2bd5f0a21bfa9fc5d4ab3e"
+checksum = "2a47ecb37b9734d1085eaa5ae1a81e60801fd8c28d4cabdd8aedb982021918bc"
 dependencies = [
  "parity-wasm",
 ]
diff --git a/runtime/wasm/Cargo.toml b/runtime/wasm/Cargo.toml
index 9abf692a9..cd5be28f4 100644
--- a/runtime/wasm/Cargo.toml
+++ b/runtime/wasm/Cargo.toml
@@ -16,7 +16,7 @@ anyhow = "1.0"
 never = "0.1"
 
 wasmtime.workspace = true
-wasm-instrument = { version = "0.2.0", features = ["std", "sign_ext"] }
+wasm-instrument = { version = "0.4.0", features = ["std", "sign_ext"] }
 
 # AssemblyScript uses sign extensions
 parity-wasm = { version = "0.45", features = ["std", "sign_ext"] }