diff --git a/package-lock.json b/package-lock.json
index c722031..097b23f 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -6165,9 +6165,9 @@
       }
     },
     "@oceanprotocol/contracts": {
-      "version": "0.4.4",
-      "resolved": "https://registry.npmjs.org/@oceanprotocol/contracts/-/contracts-0.4.4.tgz",
-      "integrity": "sha512-0+Tp6UdoDTBJZp4yX3kkSrV+CcOS/hJ3SJ4HuWiL5FE5Nlj3JCeV86iuWPkFuXzIdgri00DaGvQhP58knzJ2Uw=="
+      "version": "0.5.3",
+      "resolved": "https://registry.npmjs.org/@oceanprotocol/contracts/-/contracts-0.5.3.tgz",
+      "integrity": "sha512-gJ8qQACJgxOPIrPE0OFQ09iYXBAisOGg56EmelQlsMUgp0yY0DKgBntDP83S/Ho1yBjGygqfxCjQrPH63hh/PA=="
     },
     "@octokit/auth-token": {
       "version": "2.4.2",
diff --git a/package.json b/package.json
index 4b1ceef..137ef5c 100644
--- a/package.json
+++ b/package.json
@@ -30,7 +30,7 @@
   "license": "MIT",
   "dependencies": {
     "@coingecko/cryptoformat": "^0.4.1",
-    "@oceanprotocol/contracts": "^0.4.4",
+    "@oceanprotocol/contracts": "^0.5.3",
     "axios": "^0.20.0",
     "electron-is-dev": "^1.2.0",
     "electron-next": "^3.1.5",