diff --git a/Cargo.lock b/Cargo.lock
index fb7f787a..bf242137 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -520,9 +520,9 @@ checksum = "514de17de45fdb8dc022b1a7975556c53c86f9f0aa5f534b98977b171857c2c9"
 
 [[package]]
 name = "cadence"
-version = "0.29.1"
+version = "1.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f39286bc075b023101dccdb79456a1334221c768b8faede0c2aff7ed29a9482d"
+checksum = "2f338b979d9ebfff4bb9801ae8f3af0dc3615f7f1ca963f2e4782bcf9acb3753"
 dependencies = [
  "crossbeam-channel",
 ]
@@ -1945,6 +1945,16 @@ dependencies = [
  "portable-atomic",
 ]
 
+[[package]]
+name = "metrics"
+version = "0.22.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2be3cbd384d4e955b231c895ce10685e3d8260c5ccffae898c96c723b0772835"
+dependencies = [
+ "ahash",
+ "portable-atomic",
+]
+
 [[package]]
 name = "metrics"
 version = "0.23.0"
@@ -1978,12 +1988,12 @@ dependencies = [
 
 [[package]]
 name = "metrics-exporter-statsd"
-version = "0.6.0"
+version = "0.7.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e34a620eecf9e4321ebbef8f2f8e7cd22e098f11b65f2d987ce66faaa8918418"
+checksum = "82bd7bb16e431f15d56a61b18ee34881cd9d427da7b4450d1a588c911c1d9ac3"
 dependencies = [
  "cadence",
- "metrics 0.21.1",
+ "metrics 0.22.3",
  "thiserror",
 ]
 
diff --git a/Cargo.toml b/Cargo.toml
index e93408ad..141d9e62 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -35,7 +35,7 @@ clap_complete = "4.5.2"
 color-eyre = "0.6.2"
 hyper = { version = "1.2.0", features = ["server"] }
 metrics-exporter-prometheus = "0.15.0"
-metrics-exporter-statsd = "0.6.0"
+metrics-exporter-statsd = "0.7.0"
 quoted-string = "0.6.1"
 tower = { version = "0.4.13", features = ["tokio", "tracing"] }
 tower-http = { version = "0.5.0", features = [