diff --git a/docker-compose.yml b/docker-compose.yml
index 12a50a6..8a14bb2 100644
--- a/docker-compose.yml
+++ b/docker-compose.yml
@@ -80,7 +80,7 @@ services:
   #  \___|_| |_|\__,_|_|  \___/|_| |_|
 
   charon:
-    image: obolnetwork/charon:${CHARON_VERSION:-v1.1.2}
+    image: obolnetwork/charon:${CHARON_VERSION:-v1.2.0}
     environment:
       - CHARON_BEACON_NODE_ENDPOINTS=${CHARON_BEACON_NODE_ENDPOINTS:-http://lighthouse:5052}
       - CHARON_BEACON_NODE_TIMEOUT=${CHARON_BEACON_NODE_TIMEOUT:-3s}