diff --git a/Cargo.toml b/Cargo.toml
index 62981c026..9732e1e55 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -118,7 +118,7 @@ tendermint-testgen               = { version = "0.34.0", default-features = fals
 ### (This is the min version of `ibc-go` that supports `08-wasm` light clients)
 cosmwasm-schema    = { version = "1.5.2" }
 cosmwasm-std       = { version = "1.5.2" }
-cosmwasm-vm        = { version = "1.5.2" }
+cosmwasm-vm        = { version = "2.0.1" }
 cw-storage-plus    = { version = "1.2.0" }
 
 # parity dependencies