diff --git a/Cargo.lock b/Cargo.lock
index 6b9f18591..320da70df 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1,6 +1,6 @@
 # This file is automatically @generated by Cargo.
 # It is not intended for manual editing.
-version = 3
+version = 4
 
 [[package]]
 name = "addr2line"
@@ -3787,9 +3787,9 @@ checksum = "1f3ccbac311fea05f86f61904b462b55fb3df8837a366dfc601a0161d0532f20"
 
 [[package]]
 name = "tokio"
-version = "1.36.0"
+version = "1.38.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "61285f6515fa018fb2d1e46eb21223fff441ee8db5d0f1435e8ab4f5cdb80931"
+checksum = "68722da18b0fc4a05fdc1120b302b82051265792a1e1b399086e9b204b10ad3d"
 dependencies = [
  "backtrace",
  "bytes",
@@ -3806,9 +3806,9 @@ dependencies = [
 
 [[package]]
 name = "tokio-macros"
-version = "2.2.0"
+version = "2.3.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "5b8a1e28f2deaa14e508979454cb3a223b10b938b45af148bc0986de36f1923b"
+checksum = "5f5ae998a069d4b5aba8ee9dad856af7d520c3699e6159b185c2acd48155d39a"
 dependencies = [
  "proc-macro2",
  "quote",
diff --git a/Cargo.toml b/Cargo.toml
index 281ed9b8b..333ad4e7d 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -163,7 +163,7 @@ time_ = { version = "0.3.2", package = "time" }
 futures = "0.3.19"
 env_logger = "0.11"
 async-std = { version = "1.12.0", features = ["attributes"] }
-tokio = { version = "1.15.0", features = ["full"] }
+tokio = { version = "1.38.2", features = ["full"] }
 dotenvy = "0.15.0"
 trybuild = "1.0.53"
 sqlx-test = { path = "./sqlx-test" }
diff --git a/examples/mysql/todos/Cargo.toml b/examples/mysql/todos/Cargo.toml
index 167e3909a..9e2e1d13f 100644
--- a/examples/mysql/todos/Cargo.toml
+++ b/examples/mysql/todos/Cargo.toml
@@ -9,4 +9,4 @@ anyhow = "1.0"
 futures = "0.3"
 sqlx = { path = "../../../", features = [ "mysql", "runtime-tokio-native-tls" ] }
 structopt = "0.3"
-tokio = { version = "1.20.0", features = ["rt", "macros"]}
+tokio = { version = "1.38.2", features = ["rt", "macros"]}
diff --git a/examples/postgres/axum-social-with-tests/Cargo.toml b/examples/postgres/axum-social-with-tests/Cargo.toml
index d03730bdc..6baaf3c91 100644
--- a/examples/postgres/axum-social-with-tests/Cargo.toml
+++ b/examples/postgres/axum-social-with-tests/Cargo.toml
@@ -9,7 +9,7 @@ edition = "2021"
 # Primary crates
 axum = { version = "0.5.13", features = ["macros"] }
 sqlx = { path = "../../../", features = ["runtime-tokio-rustls", "postgres", "time", "uuid"] }
-tokio = { version = "1.20.1", features = ["rt-multi-thread", "macros"] }
+tokio = { version = "1.38.2", features = ["rt-multi-thread", "macros"] }
 
 # Important secondary crates
 argon2 = "0.4.1"
diff --git a/examples/postgres/chat/Cargo.toml b/examples/postgres/chat/Cargo.toml
index 0514e29ea..8177ff619 100644
--- a/examples/postgres/chat/Cargo.toml
+++ b/examples/postgres/chat/Cargo.toml
@@ -7,7 +7,7 @@ workspace = "../../../"
 [dependencies]
 sqlx = { path = "../../../", features = [ "postgres", "runtime-tokio-native-tls" ] }
 futures = "0.3.1"
-tokio = { version = "1.20.0", features = [ "rt-multi-thread", "macros" ] }
+tokio = { version = "1.38.2", features = [ "rt-multi-thread", "macros" ] }
 tui = "0.19.0"
 crossterm = "0.25"
 unicode-width = "0.1"
diff --git a/examples/postgres/files/Cargo.toml b/examples/postgres/files/Cargo.toml
index bfc99487e..96bb32b80 100644
--- a/examples/postgres/files/Cargo.toml
+++ b/examples/postgres/files/Cargo.toml
@@ -8,5 +8,5 @@ edition = "2021"
 [dependencies]
 anyhow = "1.0"
 sqlx = { path = "../../../", features = ["postgres", "runtime-tokio-native-tls"] }
-tokio = { version = "1.20.0", features = ["rt", "macros"]}
+tokio = { version = "1.38.2", features = ["rt", "macros"]}
 dotenvy = "0.15.0"
diff --git a/examples/postgres/json/Cargo.toml b/examples/postgres/json/Cargo.toml
index 4349c07f3..565f35553 100644
--- a/examples/postgres/json/Cargo.toml
+++ b/examples/postgres/json/Cargo.toml
@@ -12,4 +12,4 @@ serde = { version = "1", features = ["derive"] }
 serde_json = "1"
 sqlx = { path = "../../../", features = ["runtime-tokio", "postgres", "json"] }
 structopt = "0.3"
-tokio = { version = "1.20.0", features = ["rt", "macros"]}
+tokio = { version = "1.38.2", features = ["rt", "macros"]}
diff --git a/examples/postgres/listen/Cargo.toml b/examples/postgres/listen/Cargo.toml
index ce1d9153a..1a353f48e 100644
--- a/examples/postgres/listen/Cargo.toml
+++ b/examples/postgres/listen/Cargo.toml
@@ -7,4 +7,4 @@ workspace = "../../../"
 [dependencies]
 sqlx = { path = "../../../", features = [ "runtime-tokio", "postgres" ] }
 futures = "0.3.1"
-tokio = { version = "1.20.0", features = ["rt-multi-thread", "macros", "time"]}
+tokio = { version = "1.38.2", features = ["rt-multi-thread", "macros", "time"]}
diff --git a/examples/postgres/mockable-todos/Cargo.toml b/examples/postgres/mockable-todos/Cargo.toml
index 90cf39c92..7d380a58a 100644
--- a/examples/postgres/mockable-todos/Cargo.toml
+++ b/examples/postgres/mockable-todos/Cargo.toml
@@ -9,7 +9,7 @@ anyhow = "1.0"
 futures = "0.3"
 sqlx = { path = "../../../", features = ["postgres", "runtime-tokio-native-tls"] }
 structopt = "0.3"
-tokio = { version = "1.20.0", features = ["rt", "macros"]}
+tokio = { version = "1.38.2", features = ["rt", "macros"]}
 dotenvy = "0.15.0"
 async-trait = "0.1.41"
 mockall = "0.11"
diff --git a/examples/postgres/todos/Cargo.toml b/examples/postgres/todos/Cargo.toml
index d9e3de227..45596a122 100644
--- a/examples/postgres/todos/Cargo.toml
+++ b/examples/postgres/todos/Cargo.toml
@@ -9,5 +9,5 @@ anyhow = "1.0"
 futures = "0.3"
 sqlx = { path = "../../../", features = ["postgres", "runtime-tokio-native-tls"] }
 structopt = "0.3"
-tokio = { version = "1.20.0", features = ["rt", "macros"]}
+tokio = { version = "1.38.2", features = ["rt", "macros"]}
 dotenvy = "0.15.0"
diff --git a/examples/postgres/transaction/Cargo.toml b/examples/postgres/transaction/Cargo.toml
index 80ff9956c..30d80a10c 100644
--- a/examples/postgres/transaction/Cargo.toml
+++ b/examples/postgres/transaction/Cargo.toml
@@ -7,4 +7,4 @@ workspace = "../../../"
 [dependencies]
 sqlx = { path = "../../../", features = [ "postgres", "runtime-tokio-native-tls" ] }
 futures = "0.3.1"
-tokio = { version = "1.20.0", features = ["rt-multi-thread", "macros"]}
+tokio = { version = "1.38.2", features = ["rt-multi-thread", "macros"]}
diff --git a/examples/sqlite/todos/Cargo.toml b/examples/sqlite/todos/Cargo.toml
index 90c943798..5d4f47738 100644
--- a/examples/sqlite/todos/Cargo.toml
+++ b/examples/sqlite/todos/Cargo.toml
@@ -9,4 +9,4 @@ anyhow = "1.0"
 futures = "0.3"
 sqlx = { path = "../../../", features = ["sqlite", "runtime-tokio-native-tls"] }
 structopt = "0.3"
-tokio = { version = "1.20.0", features = ["rt", "macros"]}
+tokio = { version = "1.38.2", features = ["rt", "macros"]}
diff --git a/sqlx-cli/Cargo.toml b/sqlx-cli/Cargo.toml
index 80de8e150..930d647b4 100644
--- a/sqlx-cli/Cargo.toml
+++ b/sqlx-cli/Cargo.toml
@@ -26,7 +26,7 @@ path = "src/bin/cargo-sqlx.rs"
 
 [dependencies]
 dotenvy = "0.15.0"
-tokio = { version = "1.15.0", features = ["macros", "rt", "rt-multi-thread"] }
+tokio = { version = "1.38.2", features = ["macros", "rt", "rt-multi-thread"] }
 sqlx = { workspace = true, default-features = false, features = [
     "runtime-tokio",
     "migrate",
diff --git a/sqlx-test/Cargo.toml b/sqlx-test/Cargo.toml
index ddc94d216..43d74c8e1 100644
--- a/sqlx-test/Cargo.toml
+++ b/sqlx-test/Cargo.toml
@@ -10,4 +10,4 @@ env_logger = "0.11"
 dotenvy = "0.15.0"
 anyhow = "1.0.26"
 async-std = { version = "1.8.0", features = [ "attributes" ] }
-tokio = { version = "1.0.1", features = [ "full" ] }
+tokio = { version = "1.38.2", features = [ "full" ] }