diff --git a/v4-client-rs/Cargo.toml b/v4-client-rs/Cargo.toml
index cb98e61c..1bffac2e 100644
--- a/v4-client-rs/Cargo.toml
+++ b/v4-client-rs/Cargo.toml
@@ -16,5 +16,5 @@ bigdecimal = { version = "0.4", features = ["serde"] }
 derive_more = { version = "1", features = ["full"] }
 log = "0.4"
 thiserror = "2"
-tokio = { version = "1.41", features = ["fs", "rt-multi-thread"] }
+tokio = { version = "1.42", features = ["fs", "rt-multi-thread"] }
 dydx-proto = "0.2.0"
diff --git a/v4-client-rs/client/Cargo.toml b/v4-client-rs/client/Cargo.toml
index ae318d17..cdbdcfe7 100644
--- a/v4-client-rs/client/Cargo.toml
+++ b/v4-client-rs/client/Cargo.toml
@@ -30,19 +30,19 @@ cosmrs = "0.21"
 chrono = { version = "0.4", features = ["serde"] }
 derive_more.workspace = true
 futures-util = "0.3"
-governor = { version = "0.7", default-features = false, features = ["std"] }
+governor = { version = "0.8", default-features = false, features = ["std"] }
 ibc-proto = { version = "0.51", optional = true }
 log.workspace = true
 rand = "0.8"
 reqwest = { version = "0.12", features = ["json"] }
 serde = { version = "1", features = ["derive"] }
 serde_json = "1"
-serde_with = "3.11"
+serde_with = "3.12"
 strum = { version = "0.26", features = ["derive"] }
 thiserror.workspace = true
 tonic = { version = "0.12", features = ["tls-native-roots"] }
 tokio.workspace = true
-tokio-tungstenite = { version = "0.24", features = ["native-tls"] }
+tokio-tungstenite = { version = "0.26", features = ["native-tls"] }
 toml = "0.8"
 tower = { version = "0.5", features = ["timeout"] }
 dydx-proto.workspace = true
diff --git a/v4-client-rs/client/src/indexer/sock/messages.rs b/v4-client-rs/client/src/indexer/sock/messages.rs
index 219e6ec9..c7a4f78a 100644
--- a/v4-client-rs/client/src/indexer/sock/messages.rs
+++ b/v4-client-rs/client/src/indexer/sock/messages.rs
@@ -86,7 +86,7 @@ impl MessageFormatter {
                 map.extend(fields);
             }
         }
-        Message::Text(message.to_string())
+        Message::Text(message.to_string().into())
     }
 }