diff --git a/Cargo.lock b/Cargo.lock
index 38ac68d0..a73d7da0 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3873,9 +3873,9 @@ checksum = "360dfd1d6d30e05fda32ace2c8c70e9c0a9da713275777f5a4dbb8a1893930c6"
 
 [[package]]
 name = "tracing"
-version = "0.1.30"
+version = "0.1.31"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2d8d93354fe2a8e50d5953f5ae2e47a3fc2ef03292e7ea46e3cc38f549525fb9"
+checksum = "f6c650a8ef0cd2dd93736f033d21cbd1224c5a967aa0c258d00fcf7dafef9b9f"
 dependencies = [
  "cfg-if 1.0.0",
  "pin-project-lite",
diff --git a/ethers-middleware/Cargo.toml b/ethers-middleware/Cargo.toml
index 9748dc3f..0982550e 100644
--- a/ethers-middleware/Cargo.toml
+++ b/ethers-middleware/Cargo.toml
@@ -24,7 +24,7 @@ async-trait = { version = "0.1.50", default-features = false }
 serde = { version = "1.0.124", default-features = false, features = ["derive"] }
 thiserror = { version = "1.0.30", default-features = false }
 futures-util = { version = "^0.3" }
-tracing = { version = "0.1.30", default-features = false }
+tracing = { version = "0.1.31", default-features = false }
 tracing-futures = { version = "0.2.5", default-features = false }
 
 # for gas oracles
diff --git a/ethers-providers/Cargo.toml b/ethers-providers/Cargo.toml
index f438772a..f119895e 100644
--- a/ethers-providers/Cargo.toml
+++ b/ethers-providers/Cargo.toml
@@ -35,7 +35,7 @@ futures-channel = { version = "0.3.16", default-features = false }
 pin-project = { version = "1.0.7", default-features = false }
 
 # tracing
-tracing = { version = "0.1.30", default-features = false }
+tracing = { version = "0.1.31", default-features = false }
 tracing-futures = { version = "0.2.5", default-features = false, features = ["std-future"] }
 
 bytes = { version  = "1.1.0", default-features = false, optional = true }
diff --git a/ethers-signers/Cargo.toml b/ethers-signers/Cargo.toml
index b5efc8e8..12744c49 100644
--- a/ethers-signers/Cargo.toml
+++ b/ethers-signers/Cargo.toml
@@ -33,7 +33,7 @@ trezor-client = { version = "0.0.4", optional = true, default-features = false,
 # aws
 rusoto_core = { version = "0.47.0", optional = true }
 rusoto_kms = { version = "0.47.0", optional = true }
-tracing = { version = "0.1.30", optional = true }
+tracing = { version = "0.1.31", optional = true }
 tracing-futures = { version = "0.2.5", optional = true }
 spki = { version = "0.5.4", optional = true }
 
diff --git a/ethers-solc/Cargo.toml b/ethers-solc/Cargo.toml
index 0be7463a..1bd4708a 100644
--- a/ethers-solc/Cargo.toml
+++ b/ethers-solc/Cargo.toml
@@ -28,7 +28,7 @@ thiserror = "1.0.30"
 hex = "0.4.3"
 colored = "2.0.0"
 glob = "0.3.0"
-tracing = "0.1.30"
+tracing = "0.1.31"
 num_cpus = "1.13.1"
 tiny-keccak = { version = "2.0.2", default-features = false }
 tempfile = { version = "3.3.0", optional = true }