diff --git a/Cargo.lock b/Cargo.lock
index 8fd405e34..f9c061a50 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3389,22 +3389,12 @@ dependencies = [
 
 [[package]]
 name = "serial_test"
-version = "0.3.2"
+version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 dependencies = [
  "lazy_static 1.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
- "parking_lot 0.9.0 (registry+https://github.com/rust-lang/crates.io-index)",
- "serial_test_derive 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)",
-]
-
-[[package]]
-name = "serial_test_derive"
-version = "0.3.2"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-dependencies = [
- "proc-macro2 1.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
- "quote 1.0.2 (registry+https://github.com/rust-lang/crates.io-index)",
- "syn 1.0.11 (registry+https://github.com/rust-lang/crates.io-index)",
+ "parking_lot 0.10.0 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serial_test_derive 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
 ]
 
 [[package]]
@@ -3688,7 +3678,7 @@ dependencies = [
  "rayon 1.3.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.48 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_yaml 0.8.11 (registry+https://github.com/rust-lang/crates.io-index)",
- "serial_test 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serial_test 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "serial_test_derive 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-clap-utils 1.1.0",
  "solana-client 1.1.0",
@@ -3927,7 +3917,7 @@ dependencies = [
  "serde 1.0.104 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_derive 1.0.104 (registry+https://github.com/rust-lang/crates.io-index)",
  "serde_json 1.0.48 (registry+https://github.com/rust-lang/crates.io-index)",
- "serial_test 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serial_test 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "serial_test_derive 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-budget-program 1.1.0",
  "solana-chacha-cuda 1.1.0",
@@ -4225,7 +4215,7 @@ dependencies = [
  "itertools 0.9.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "log 0.4.8 (registry+https://github.com/rust-lang/crates.io-index)",
  "rand 0.6.5 (registry+https://github.com/rust-lang/crates.io-index)",
- "serial_test 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serial_test 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "serial_test_derive 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-archiver-lib 1.1.0",
  "solana-client 1.1.0",
@@ -4297,7 +4287,7 @@ dependencies = [
  "log 0.4.8 (registry+https://github.com/rust-lang/crates.io-index)",
  "rand 0.6.5 (registry+https://github.com/rust-lang/crates.io-index)",
  "reqwest 0.10.4 (registry+https://github.com/rust-lang/crates.io-index)",
- "serial_test 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)",
+ "serial_test 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "serial_test_derive 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)",
  "solana-sdk 1.1.0",
  "sys-info 0.5.9 (registry+https://github.com/rust-lang/crates.io-index)",
@@ -6544,8 +6534,7 @@ dependencies = [
 "checksum serde_json 1.0.48 (registry+https://github.com/rust-lang/crates.io-index)" = "9371ade75d4c2d6cb154141b9752cf3781ec9c05e0e5cf35060e1e70ee7b9c25"
 "checksum serde_urlencoded 0.6.1 (registry+https://github.com/rust-lang/crates.io-index)" = "9ec5d77e2d4c73717816afac02670d5c4f534ea95ed430442cad02e7a6e32c97"
 "checksum serde_yaml 0.8.11 (registry+https://github.com/rust-lang/crates.io-index)" = "691b17f19fc1ec9d94ec0b5864859290dff279dbd7b03f017afda54eb36c3c35"
-"checksum serial_test 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)" = "f74862f16557830c73deefde614c906f8af0157e064b64f156e32a0b12d7114c"
-"checksum serial_test_derive 0.3.2 (registry+https://github.com/rust-lang/crates.io-index)" = "3c188479c8b700998829c168d7a4c21032660b0dd2ed87a0b166c85811750740"
+"checksum serial_test 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)" = "fef5f7c7434b2f2c598adc6f9494648a1e41274a75c0ba4056f680ae0c117fd6"
 "checksum serial_test_derive 0.4.0 (registry+https://github.com/rust-lang/crates.io-index)" = "d08338d8024b227c62bd68a12c7c9883f5c66780abaef15c550dc56f46ee6515"
 "checksum sha-1 0.8.1 (registry+https://github.com/rust-lang/crates.io-index)" = "23962131a91661d643c98940b20fcaffe62d776a823247be80a48fcb8b6fce68"
 "checksum sha1 0.6.0 (registry+https://github.com/rust-lang/crates.io-index)" = "2579985fda508104f7587689507983eadd6a6e84dd35d6d115361f530916fa0d"
diff --git a/bench-tps/Cargo.toml b/bench-tps/Cargo.toml
index 83ab00b64..42aa12a3a 100644
--- a/bench-tps/Cargo.toml
+++ b/bench-tps/Cargo.toml
@@ -29,7 +29,7 @@ solana-sdk = { path = "../sdk", version = "1.1.0" }
 solana-move-loader-program = { path = "../programs/move_loader", version = "1.1.0", optional = true }
 
 [dev-dependencies]
-serial_test = "0.3.2"
+serial_test = "0.4.0"
 serial_test_derive = "0.4.0"
 solana-local-cluster = { path = "../local-cluster", version = "1.1.0" }
 
diff --git a/core/Cargo.toml b/core/Cargo.toml
index 6d88267a4..3cd788d61 100644
--- a/core/Cargo.toml
+++ b/core/Cargo.toml
@@ -75,7 +75,7 @@ trees = "0.2.1"
 [dev-dependencies]
 matches = "0.1.6"
 reqwest = { version = "0.10.4", default-features = false, features = ["blocking", "rustls-tls", "json"] }
-serial_test = "0.3.2"
+serial_test = "0.4.0"
 serial_test_derive = "0.4.0"
 systemstat = "0.1.5"
 
diff --git a/local-cluster/Cargo.toml b/local-cluster/Cargo.toml
index 3e360171c..ddd750d36 100644
--- a/local-cluster/Cargo.toml
+++ b/local-cluster/Cargo.toml
@@ -33,5 +33,5 @@ solana-rayon-threadlimit = { path = "../rayon-threadlimit", version = "1.1.0" }
 
 [dev-dependencies]
 assert_matches = "1.3.0"
-serial_test = "0.3.2"
+serial_test = "0.4.0"
 serial_test_derive = "0.4.0"
diff --git a/metrics/Cargo.toml b/metrics/Cargo.toml
index 3dbefd96a..a55a1b0ef 100644
--- a/metrics/Cargo.toml
+++ b/metrics/Cargo.toml
@@ -18,7 +18,7 @@ sys-info = "0.5.9"
 
 [dev-dependencies]
 rand = "0.6.5"
-serial_test = "0.3.2"
+serial_test = "0.4.0"
 serial_test_derive = "0.4.0"
 
 [lib]