diff --git a/example-service/Cargo.toml b/example-service/Cargo.toml
index 0d7cb528..b7fc466e 100644
--- a/example-service/Cargo.toml
+++ b/example-service/Cargo.toml
@@ -18,7 +18,7 @@ anyhow = "1.0"
 clap = { version = "4.4.18", features = ["derive"] }
 log = "0.4"
 futures = "0.3"
-opentelemetry = { version = "0.21.0" }
+opentelemetry = { version = "0.23.0" }
 opentelemetry-jaeger = { version = "0.20.0", features = ["rt-tokio"] }
 rand = "0.8"
 tarpc = { version = "0.34", path = "../tarpc", features = ["full"] }
diff --git a/tarpc/Cargo.toml b/tarpc/Cargo.toml
index fed99f1d..f57dc323 100644
--- a/tarpc/Cargo.toml
+++ b/tarpc/Cargo.toml
@@ -59,7 +59,7 @@ tracing = { version = "0.1", default-features = false, features = [
     "log",
 ] }
 tracing-opentelemetry = { version = "0.22.0", default-features = false }
-opentelemetry = { version = "0.21.0", default-features = false }
+opentelemetry = { version = "0.23.0", default-features = false }
 
 
 [dev-dependencies]
@@ -68,7 +68,7 @@ bincode = "1.3"
 bytes = { version = "1", features = ["serde"] }
 flate2 = "1.0"
 futures-test = "0.3"
-opentelemetry = { version = "0.21.0", default-features = false }
+opentelemetry = { version = "0.23.0", default-features = false }
 opentelemetry-jaeger = { version = "0.20.0", features = ["rt-tokio"] }
 opentelemetry_sdk = "0.21.2"
 pin-utils = "0.1.0-alpha"