diff --git a/packages/hardhat/package.json b/packages/hardhat/package.json
index e0476d9..4bcc9d2 100644
--- a/packages/hardhat/package.json
+++ b/packages/hardhat/package.json
@@ -8,7 +8,7 @@
     "@openzeppelin/contracts": "^5.1.0",
     "@synthetixio/synpress": "^4.0.3",
     "chai": "^4.3.7",
-    "chalk": "^5.2.0",
+    "chalk": "^5.4.1",
     "dotenv": "^16.4.7",
     "hardhat": "2.22.17",
     "hardhat-deploy": "^0.14.0",
diff --git a/packages/hardhat/yarn.lock b/packages/hardhat/yarn.lock
index fdf7001..71473d7 100644
--- a/packages/hardhat/yarn.lock
+++ b/packages/hardhat/yarn.lock
@@ -2253,7 +2253,7 @@ chalk@4.1.2, chalk@^4.0.0, chalk@^4.1.0, chalk@^4.1.2:
     ansi-styles "^4.1.0"
     supports-color "^7.1.0"
 
-chalk@5.3.0, chalk@^5.2.0:
+chalk@5.3.0:
   version "5.3.0"
   resolved "https://registry.yarnpkg.com/chalk/-/chalk-5.3.0.tgz#67c20a7ebef70e7f3970a01f90fa210cb6860385"
   integrity sha512-dLitG79d+GV1Nb/VYcCDFivJeK1hiukt9QjRNVOsUtTy1rR1YJsmpGGTZ3qJos+uw7WmWF4wUwBd9jxjocFC2w==
@@ -2267,6 +2267,11 @@ chalk@^2.4.2:
     escape-string-regexp "^1.0.5"
     supports-color "^5.3.0"
 
+chalk@^5.4.1:
+  version "5.4.1"
+  resolved "https://registry.yarnpkg.com/chalk/-/chalk-5.4.1.tgz#1b48bf0963ec158dce2aacf69c093ae2dd2092d8"
+  integrity sha512-zgVZuo2WcZgfUEmsn6eO3kINexW8RAE4maiQ8QNs8CtpPCSyMiYsULR3HQYkm3w8FIA3SberyMJMSldGsW+U3w==
+
 "charenc@>= 0.0.1":
   version "0.0.2"
   resolved "https://registry.yarnpkg.com/charenc/-/charenc-0.0.2.tgz#c0a1d2f3a7092e03774bfa83f14c0fc5790a8667"