diff --git a/packages/contracts/package.json b/packages/contracts/package.json
index 779cba85..ed34fe24 100644
--- a/packages/contracts/package.json
+++ b/packages/contracts/package.json
@@ -24,7 +24,7 @@
     "@ethersproject/address": "5.5.0",
     "@ethersproject/bignumber": "5.5.0",
     "@nomiclabs/hardhat-ethers": "npm:hardhat-deploy-ethers@0.3.0-beta.11",
-    "@openzeppelin/contracts": "4.3.2",
+    "@openzeppelin/contracts": "4.4.2",
     "@openzeppelin/contracts-upgradeable": "4.3.2",
     "@openzeppelin/hardhat-upgrades": "1.10.0",
     "@sway/common": "^0.1.0",
diff --git a/yarn.lock b/yarn.lock
index 504c8e45..81713357 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2904,10 +2904,10 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@openzeppelin/contracts@npm:4.3.2":
-  version: 4.3.2
-  resolution: "@openzeppelin/contracts@npm:4.3.2"
-  checksum: 9032453eef3e10b6453b667c7edd3381292665083b855ca8a8b5f64b473e768eacb53516865fb3ce1e493deadbb977069e483cce5650c42807a742ab59a18695
+"@openzeppelin/contracts@npm:4.4.2":
+  version: 4.4.2
+  resolution: "@openzeppelin/contracts@npm:4.4.2"
+  checksum: 5c6be7bfe757c6a43eb5b24aa9c61a79deaed9de4bc5f59356b35f5519b0fb340f4da8b4df99588bded5e6b6a773fc54961917a1c657063247c1763f9752bd0e
   languageName: node
   linkType: hard
 
@@ -3469,7 +3469,7 @@ __metadata:
     "@ethersproject/address": 5.5.0
     "@ethersproject/bignumber": 5.5.0
     "@nomiclabs/hardhat-ethers": "npm:hardhat-deploy-ethers@0.3.0-beta.11"
-    "@openzeppelin/contracts": 4.3.2
+    "@openzeppelin/contracts": 4.4.2
     "@openzeppelin/contracts-upgradeable": 4.3.2
     "@openzeppelin/hardhat-upgrades": 1.10.0
     "@sway/common": ^0.1.0