diff --git a/backend/package-lock.json b/backend/package-lock.json
index 3776371853..201da5008e 100644
--- a/backend/package-lock.json
+++ b/backend/package-lock.json
@@ -12,7 +12,7 @@
       "dependencies": {
         "@mempool/electrum-client": "1.1.9",
         "@types/node": "^18.15.3",
-        "axios": "1.16.1",
+        "axios": "1.18.0",
         "bitcoinjs-lib": "~6.1.3",
         "crypto-js": "~4.2.0",
         "express": "~4.22.1",
@@ -2489,9 +2489,9 @@
       }
     },
     "node_modules/axios": {
-      "version": "1.16.1",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-1.16.1.tgz",
-      "integrity": "sha512-caYkukvroVPO8KrzuJEb50Hm07KwfBZPEC3VeFHTsqWHvKTsy54hjJz9BS/cdaypROE2rH6xvm9mHX4fgWkr3A==",
+      "version": "1.18.0",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.18.0.tgz",
+      "integrity": "sha512-E32NzpYKp++W7XRe52rHiXV2ehxmh3wbdgO7MHeFM+vqxLBYHzt0ElkiImtOBxtOmyp0yoC8C6uESVV84Y2/hw==",
       "dependencies": {
         "follow-redirects": "^1.16.0",
         "form-data": "^4.0.5",
@@ -9002,9 +9002,9 @@
       "integrity": "sha512-NZKeq9AfyQvEeNlN0zSYAaWrmBffJh3IELMZfRpJVWgrpEbtEpnjvzqBPf+mxoI287JohRDoa+/nsfqqiZmF6g=="
     },
     "axios": {
-      "version": "1.16.1",
-      "resolved": "https://registry.npmjs.org/axios/-/axios-1.16.1.tgz",
-      "integrity": "sha512-caYkukvroVPO8KrzuJEb50Hm07KwfBZPEC3VeFHTsqWHvKTsy54hjJz9BS/cdaypROE2rH6xvm9mHX4fgWkr3A==",
+      "version": "1.18.0",
+      "resolved": "https://registry.npmjs.org/axios/-/axios-1.18.0.tgz",
+      "integrity": "sha512-E32NzpYKp++W7XRe52rHiXV2ehxmh3wbdgO7MHeFM+vqxLBYHzt0ElkiImtOBxtOmyp0yoC8C6uESVV84Y2/hw==",
       "requires": {
         "follow-redirects": "^1.16.0",
         "form-data": "^4.0.5",
diff --git a/backend/package.json b/backend/package.json
index fb9c335e3e..0438b235a3 100644
--- a/backend/package.json
+++ b/backend/package.json
@@ -43,7 +43,7 @@
   "dependencies": {
     "@mempool/electrum-client": "1.1.9",
     "@types/node": "^18.15.3",
-    "axios": "1.16.1",
+    "axios": "1.18.0",
     "bitcoinjs-lib": "~6.1.3",
     "crypto-js": "~4.2.0",
     "express": "~4.22.1",