diff --git a/go.mod b/go.mod
index 46998513..96975370 100644
--- a/go.mod
+++ b/go.mod
@@ -8,7 +8,7 @@ require (
 	cosmossdk.io/simapp v0.0.0-20230608160436-666c345ad23d
 	cosmossdk.io/tools/rosetta v0.2.1
 	github.com/CosmWasm/wasmd v0.45.0
-	github.com/CosmWasm/wasmvm v1.5.3
+	github.com/CosmWasm/wasmvm v1.5.4
 	github.com/cometbft/cometbft v0.37.4
 	github.com/cometbft/cometbft-db v0.8.0
 	github.com/cosmos/cosmos-proto v1.0.0-beta.4
diff --git a/go.sum b/go.sum
index 78584122..f59b95b8 100644
--- a/go.sum
+++ b/go.sum
@@ -227,10 +227,8 @@ github.com/ChainSafe/go-schnorrkel v1.0.0 h1:3aDA67lAykLaG1y3AOjs88dMxC88PgUuHRr
 github.com/ChainSafe/go-schnorrkel v1.0.0/go.mod h1:dpzHYVxLZcp8pjlV+O+UR8K0Hp/z7vcchBSbMBEhCw4=
 github.com/CosmWasm/wasmd v0.45.0 h1:9zBqrturKJwC2kVsfHvbrA++EN0PS7UTXCffCGbg6JI=
 github.com/CosmWasm/wasmd v0.45.0/go.mod h1:RnSAiqbNIZu4QhO+0pd7qGZgnYAMBPGmXpzTADag944=
-github.com/CosmWasm/wasmvm v1.5.2 h1:+pKB1Mz9GZVt1vadxB+EDdD1FOz3dMNjIKq/58/lrag=
-github.com/CosmWasm/wasmvm v1.5.2/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
-github.com/CosmWasm/wasmvm v1.5.3 h1:wcmkey/WkTGwCTHGBD+fRS3cbhhipR9q34kbCZUQSsc=
-github.com/CosmWasm/wasmvm v1.5.3/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
+github.com/CosmWasm/wasmvm v1.5.4 h1:Opqy65ubJ8bMsT08dn85VjRdsLJVPIAgIXif92qOMGc=
+github.com/CosmWasm/wasmvm v1.5.4/go.mod h1:Q0bSEtlktzh7W2hhEaifrFp1Erx11ckQZmjq8FLCyys=
 github.com/DATA-DOG/go-sqlmock v1.3.3/go.mod h1:f/Ixk793poVmq4qj/V1dPUg2JEAKC73Q5eFN3EC/SaM=
 github.com/DataDog/datadog-go v3.2.0+incompatible/go.mod h1:LButxg5PwREeZtORoXG3tL4fMGNddJ+vMq1mwgfaqoQ=
 github.com/DataDog/zstd v1.5.0/go.mod h1:g4AWEaM3yOg3HYfnJ3YIawPnVdXJh9QME85blwSAmyw=
@@ -410,7 +408,6 @@ github.com/cosmos/ibc-apps/modules/async-icq/v7 v7.0.0 h1:mMHedP3Q+mz5gpOWNz0P+X
 github.com/cosmos/ibc-apps/modules/async-icq/v7 v7.0.0/go.mod h1:/P6l2bWo2AR3rrsfs0DHuFZO3Imzb93sxFD3ihrIgw4=
 github.com/cosmos/ibc-apps/modules/ibc-hooks/v7 v7.0.0-20230803181732-7c8f814d3b79 h1:pCxyhIxgWTabAQC5UerkITraHG3SwajdLKKMCFDWCv4=
 github.com/cosmos/ibc-apps/modules/ibc-hooks/v7 v7.0.0-20230803181732-7c8f814d3b79/go.mod h1:JwHFbo1oX/ht4fPpnPvmhZr+dCkYK1Vihw+vZE9umR4=
-github.com/cosmos/ibc-go/v7 v7.4.0/go.mod h1:L/KaEhzV5TGUCTfGysVgMBQtl5Dm7hHitfpk+GIeoAo=
 github.com/cosmos/ibc-go/v7 v7.4.1 h1:95hR5Mdgk2/Z6Ynsq537BOU8LJAOsHR5g0N0ffhFLYg=
 github.com/cosmos/ibc-go/v7 v7.4.1/go.mod h1:L/KaEhzV5TGUCTfGysVgMBQtl5Dm7hHitfpk+GIeoAo=
 github.com/cosmos/ics23/go v0.10.0 h1:iXqLLgp2Lp+EdpIuwXTYIQU+AiHj9mOC2X9ab++bZDM=
@@ -1143,8 +1140,6 @@ github.com/terra-money/alliance v0.3.6 h1:FWfix+mKcCrXvdk29MgfXGj0JThOsBxzK81OiS
 github.com/terra-money/alliance v0.3.6/go.mod h1:gyenuDQEwyN6mfiOEkaRBaokgk9ryBeU3eCAiZpVKZg=
 github.com/terra-money/cosmos-sdk v0.47.10-terra.0 h1:vpod9zXeBp8S8JfP0++YzwCvCEMkJnz3qRmz0pciEQI=
 github.com/terra-money/cosmos-sdk v0.47.10-terra.0/go.mod h1:UWpgWkhcsBIATS68uUC0del7IiBN4hPv/vqg8Zz23uw=
-github.com/terra-money/ibc-go/v7 v7.3.1-terra.0 h1:CF+iicqyI4BJsW2zjUrUrTxRRrPWFZC30VqvlRyVl28=
-github.com/terra-money/ibc-go/v7 v7.3.1-terra.0/go.mod h1:wvx4pPBofe5ZdMNV3OFRxSI4auEP5Qfqf8JXLLNV04g=
 github.com/terra-money/ledger-terra-go v0.11.2 h1:BVXZl+OhJOri6vFNjjVaTabRLApw9MuG7mxWL4V718c=
 github.com/terra-money/ledger-terra-go v0.11.2/go.mod h1:ClJ2XMj1ptcnONzKH+GhVPi7Y8pXIT+UzJ0TNt0tfZE=
 github.com/tidwall/btree v1.6.0 h1:LDZfKfQIBHGHWSwckhXI0RPSXzlo+KYdjK7FWSqOzzg=