diff --git a/waffle-compiler/package.json b/waffle-compiler/package.json
index 4578c30e8..d58e481ed 100644
--- a/waffle-compiler/package.json
+++ b/waffle-compiler/package.json
@@ -46,7 +46,7 @@
     "@typechain/ethers-v5": "^10.0.0",
     "@types/mkdirp": "^0.5.2",
     "@types/node-fetch": "^2.6.1",
-    "mkdirp": "^0.5.1",
+    "mkdirp": "^3.0.1",
     "node-fetch": "^2.6.7"
   },
   "devDependencies": {