diff --git a/packages/rust/Cargo.lock b/packages/rust/Cargo.lock
index 09d8190..b068ef6 100644
--- a/packages/rust/Cargo.lock
+++ b/packages/rust/Cargo.lock
@@ -1869,9 +1869,9 @@ checksum = "3eb8486b569e12e2c32ad3e204dbaba5e4b5b216e9367044f25f1dba42341773"
 
 [[package]]
 name = "pyo3"
-version = "0.28.2"
+version = "0.29.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "cf85e27e86080aafd5a22eae58a162e133a589551542b3e5cee4beb27e54f8e1"
+checksum = "4688ddedf473e32662b9b067670129a8afb8c18e351482c70d62ba4a88171e8b"
 dependencies = [
  "libc",
  "once_cell",
@@ -1883,18 +1883,18 @@ dependencies = [
 
 [[package]]
 name = "pyo3-build-config"
-version = "0.28.2"
+version = "0.29.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8bf94ee265674bf76c09fa430b0e99c26e319c945d96ca0d5a8215f31bf81cf7"
+checksum = "f41027e41b4bd03f6e60f9f417fe24a6341a6bb744edd62b6f709f2a52ea30e9"
 dependencies = [
  "target-lexicon",
 ]
 
 [[package]]
 name = "pyo3-ffi"
-version = "0.28.2"
+version = "0.29.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "491aa5fc66d8059dd44a75f4580a2962c1862a1c2945359db36f6c2818b748dc"
+checksum = "e591a95526fead067432c3b3a33fc74770b87b1e04e73671090d9c2055a2b327"
 dependencies = [
  "libc",
  "pyo3-build-config",
@@ -1902,9 +1902,9 @@ dependencies = [
 
 [[package]]
 name = "pyo3-macros"
-version = "0.28.2"
+version = "0.29.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "f5d671734e9d7a43449f8480f8b38115df67bef8d21f76837fa75ee7aaa5e52e"
+checksum = "73225868fc1cd84eef2c3c230ddb91273bf1de46aeb8a4248da76d32a0924a1c"
 dependencies = [
  "proc-macro2",
  "pyo3-macros-backend",
@@ -1914,13 +1914,12 @@ dependencies = [
 
 [[package]]
 name = "pyo3-macros-backend"
-version = "0.28.2"
+version = "0.29.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "22faaa1ce6c430a1f71658760497291065e6450d7b5dc2bcf254d49f66ee700a"
+checksum = "571575aa3749fa6216757dd47d2a3e7ef360f329a40f0666a9fbd14889024952"
 dependencies = [
  "heck 0.5.0",
  "proc-macro2",
- "pyo3-build-config",
  "quote",
  "syn",
 ]
diff --git a/packages/rust/crates/oxbitnet-python/Cargo.toml b/packages/rust/crates/oxbitnet-python/Cargo.toml
index 4e45d17..9401f95 100644
--- a/packages/rust/crates/oxbitnet-python/Cargo.toml
+++ b/packages/rust/crates/oxbitnet-python/Cargo.toml
@@ -10,6 +10,6 @@ crate-type = ["cdylib"]
 
 [dependencies]
 oxbitnet = { path = "../oxbitnet" }
-pyo3 = { version = "0.28", features = ["extension-module"] }
+pyo3 = { version = "0.29", features = ["extension-module"] }
 tokio = { version = "1", features = ["rt-multi-thread"] }
 futures = "0.3"