diff --git a/package.json b/package.json
index e4bbede3bd..a0dd65b38b 100644
--- a/package.json
+++ b/package.json
@@ -55,7 +55,7 @@
     "@oasisprotocol/ui-library": "file:./ui-library",
     "@tanstack/react-query": "4.36.1",
     "@tanstack/react-query-devtools": "4.36.1",
-    "axios": "1.15.2",
+    "axios": "1.16.0",
     "bignumber.js": "9.1.2",
     "bip39": "^3.1.0",
     "date-fns": "3.6.0",
diff --git a/yarn.lock b/yarn.lock
index df84628413..e8d3e61f55 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -3229,12 +3229,12 @@ 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@1.15.2:
-  version "1.15.2"
-  resolved "https://registry.yarnpkg.com/axios/-/axios-1.15.2.tgz#eb8fb6d30349abace6ade5b4cb4d9e8a0dc23e5b"
-  integrity sha512-wLrXxPtcrPTsNlJmKjkPnNPK2Ihe0hn0wGSaTEiHRPxwjvJwT3hKmXF4dpqxmPO9SoNb2FsYXj/xEo0gHN+D5A==
+axios@1.16.0:
+  version "1.16.0"
+  resolved "https://registry.yarnpkg.com/axios/-/axios-1.16.0.tgz#f8e5dd931cef2a5f8c32216d5784eda2f8750eb7"
+  integrity sha512-6hp5CwvTPlN2A31g5dxnwAX0orzM7pmCRDLnZSX772mv8WDqICwFjowHuPs04Mc8deIld1+ejhtaMn5vp6b+1w==
   dependencies:
-    follow-redirects "^1.15.11"
+    follow-redirects "^1.16.0"
     form-data "^4.0.5"
     proxy-from-env "^2.1.0"
 
@@ -4721,10 +4721,10 @@ flatted@^3.1.0:
   resolved "https://registry.yarnpkg.com/flatted/-/flatted-3.2.7.tgz#609f39207cb614b89d0765b477cb2d437fbf9787"
   integrity sha512-5nqDSxl8nn5BSNxyR3n4I6eDmbolI6WT+QqR547RwxQapgjQBmtktdP+HTBb/a/zLsbzERTONyUB5pefh5TtjQ==
 
-follow-redirects@^1.15.11:
-  version "1.15.11"
-  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.15.11.tgz#777d73d72a92f8ec4d2e410eb47352a56b8e8340"
-  integrity sha512-deG2P0JfjrTxl50XGCDyfI97ZGVCxIpfKYmfyrQ54n5FO/0gfIES8C/Psl6kWVDolizcaaxZJnTS0QSMxvnsBQ==
+follow-redirects@^1.16.0:
+  version "1.16.0"
+  resolved "https://registry.yarnpkg.com/follow-redirects/-/follow-redirects-1.16.0.tgz#28474a159d3b9d11ef62050a14ed60e4df6d61bc"
+  integrity sha512-y5rN/uOsadFT/JfYwhxRS5R7Qce+g3zG97+JrtFZlC9klX/W5hD7iiLzScI4nZqUS7DNUdhPgw4xI8W2LuXlUw==
 
 for-each@^0.3.3:
   version "0.3.3"