diff --git a/contracts/package.json b/contracts/package.json
index 55d9bc6892..3aa97644f2 100644
--- a/contracts/package.json
+++ b/contracts/package.json
@@ -35,7 +35,7 @@
     "@nomiclabs/hardhat-etherscan": "^2.1.7",
     "@nomiclabs/hardhat-solhint": "^2.0.0",
     "@nomiclabs/hardhat-waffle": "^2.0.1",
-    "@openzeppelin/contracts": "4.4.2",
+    "@openzeppelin/contracts": "4.8.3",
     "@openzeppelin/hardhat-upgrades": "^1.10.0",
     "@uniswap/v3-core": "^1.0.0",
     "@uniswap/v3-periphery": "^1.1.1",
diff --git a/contracts/yarn.lock b/contracts/yarn.lock
index 53d4293f0a..0df30903da 100644
--- a/contracts/yarn.lock
+++ b/contracts/yarn.lock
@@ -1219,10 +1219,10 @@
   resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-3.4.1-solc-0.7-2.tgz#371c67ebffe50f551c3146a9eec5fe6ffe862e92"
   integrity sha512-tAG9LWg8+M2CMu7hIsqHPaTyG4uDzjr6mhvH96LvOpLZZj6tgzTluBt+LsCf1/QaYrlis6pITvpIaIhE+iZB+Q==
 
-"@openzeppelin/contracts@4.4.2":
-  version "4.4.2"
-  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.4.2.tgz#4e889c9c66e736f7de189a53f8ba5b8d789425c2"
-  integrity sha512-NyJV7sJgoGYqbtNUWgzzOGW4T6rR19FmX1IJgXGdapGPWsuMelGJn9h03nos0iqfforCbCB0iYIR0MtIuIFLLw==
+"@openzeppelin/contracts@4.8.3":
+  version "4.8.3"
+  resolved "https://registry.yarnpkg.com/@openzeppelin/contracts/-/contracts-4.8.3.tgz#cbef3146bfc570849405f59cba18235da95a252a"
+  integrity sha512-bQHV8R9Me8IaJoJ2vPG4rXcL7seB7YVuskr4f+f5RyOStSZetwzkWtoqDMl5erkBJy0lDRUnIR2WIkPiC0GJlg==
 
 "@openzeppelin/hardhat-upgrades@^1.10.0":
   version "1.10.0"