diff --git a/packages/metro-transform-worker/src/index.js b/packages/metro-transform-worker/src/index.js
index 0aa5a3034f..0f5ef65e5d 100644
--- a/packages/metro-transform-worker/src/index.js
+++ b/packages/metro-transform-worker/src/index.js
@@ -40,7 +40,6 @@ const babylon = require('@babel/parser');
 const types = require('@babel/types');
 const {stableHash} = require('metro-cache');
 const getCacheKey = require('metro-cache-key');
-const HermesCompiler = require('metro-hermes-compiler');
 const {
   fromRawMappings,
   toBabelSegments,
@@ -260,6 +259,7 @@ const compileToBytecode = (
       ',$$METRO_D[0],$$METRO_D[1],$$METRO_D[2]' +
       code.slice(index);
   }
+  const HermesCompiler = require('metro-hermes-compiler');
   return HermesCompiler.compile(code, options);
 };
 
diff --git a/packages/metro/src/DeltaBundler/Serializers/baseBytecodeBundle.js b/packages/metro/src/DeltaBundler/Serializers/baseBytecodeBundle.js
index eb53d37fe9..f82d1c9904 100644
--- a/packages/metro/src/DeltaBundler/Serializers/baseBytecodeBundle.js
+++ b/packages/metro/src/DeltaBundler/Serializers/baseBytecodeBundle.js
@@ -21,7 +21,6 @@ import type {BytecodeBundle} from 'metro-runtime/src/modules/types.flow';
 const getAppendScripts = require('../../lib/getAppendScripts');
 const {getJsOutput} = require('./helpers/js');
 const processBytecodeModules = require('./helpers/processBytecodeModules');
-const {compile} = require('metro-hermes-compiler');
 
 function baseBytecodeBundle(
   entryPoint: string,
@@ -50,6 +49,8 @@ function baseBytecodeBundle(
       options.createModuleId(a.path) - options.createModuleId(b.path),
   );
 
+  const {compile} = require('metro-hermes-compiler');
+
   const post = processBytecodeModules(
     getAppendScripts(
       entryPoint,
diff --git a/packages/metro/src/DeltaBundler/Serializers/helpers/bytecode.js b/packages/metro/src/DeltaBundler/Serializers/helpers/bytecode.js
index 4b9a737b76..5168df4f48 100644
--- a/packages/metro/src/DeltaBundler/Serializers/helpers/bytecode.js
+++ b/packages/metro/src/DeltaBundler/Serializers/helpers/bytecode.js
@@ -14,7 +14,6 @@ import type {Module} from '../../types.flow';
 import type {BytecodeOutput} from 'metro-transform-worker';
 
 const invariant = require('invariant');
-const {compile} = require('metro-hermes-compiler');
 const path = require('path');
 
 export type Options = {
@@ -48,6 +47,8 @@ function wrapModule(module: Module<>, options: Options): Array<Buffer> {
     );
   }
 
+  const {compile} = require('metro-hermes-compiler');
+
   const headerCode = `globalThis.$$METRO_D=[${params.join(',')}];`;
   return [
     compile(headerCode, {
diff --git a/packages/metro/src/HmrServer.js b/packages/metro/src/HmrServer.js
index f6913573ca..52bbd3ae92 100644
--- a/packages/metro/src/HmrServer.js
+++ b/packages/metro/src/HmrServer.js
@@ -31,7 +31,6 @@ const transformHelpers = require('./lib/transformHelpers');
 const {
   Logger: {createActionStartEntry, createActionEndEntry, log},
 } = require('metro-core');
-const {VERSION: BYTECODE_VERSION} = require('metro-hermes-compiler');
 const nullthrows = require('nullthrows');
 const url = require('url');
 
@@ -51,6 +50,10 @@ type ClientGroup = {
   +unlisten: () => void,
 };
 
+function getBytecodeVersion() {
+  return require('metro-hermes-compiler').VERSION;
+}
+
 function send(sendFns: Array<(string) => void>, message: HmrMessage): void {
   const strMessage = JSON.stringify(message);
   sendFns.forEach((sendFn: string => void) => sendFn(strMessage));
@@ -103,7 +106,7 @@ class HmrServer<TClient: Client> {
     const options = parseOptionsFromUrl(
       requestUrl,
       new Set(this._config.resolver.platforms),
-      BYTECODE_VERSION,
+      getBytecodeVersion(),
     );
     const {entryFile, resolverOptions, transformOptions, graphOptions} =
       splitBundleOptions(options);
diff --git a/packages/metro/src/Server.js b/packages/metro/src/Server.js
index 75ce41b134..77d08deec0 100644
--- a/packages/metro/src/Server.js
+++ b/packages/metro/src/Server.js
@@ -69,7 +69,7 @@ const {
   Logger,
   Logger: {createActionStartEntry, createActionEndEntry, log},
 } = require('metro-core');
-const {VERSION: BYTECODE_VERSION} = require('metro-hermes-compiler');
+
 const mime = require('mime-types');
 const nullthrows = require('nullthrows');
 const path = require('path');
@@ -118,6 +118,10 @@ export type ServerOptions = $ReadOnly<{
 const DELTA_ID_HEADER = 'X-Metro-Delta-ID';
 const FILES_CHANGED_COUNT_HEADER = 'X-Metro-Files-Changed-Count';
 
+function getBytecodeVersion() {
+  return require('metro-hermes-compiler').VERSION;
+}
+
 class Server {
   _bundler: IncrementalBundler;
   _config: ConfigT;
@@ -467,7 +471,7 @@ class Server {
     return parseOptionsFromUrl(
       url,
       new Set(this._config.resolver.platforms),
-      BYTECODE_VERSION,
+      getBytecodeVersion(),
     );
   }
 
@@ -1201,7 +1205,7 @@ class Server {
     const options = parseOptionsFromUrl(
       reqUrl,
       new Set(this._config.resolver.platforms),
-      BYTECODE_VERSION,
+      getBytecodeVersion(),
     );
 
     const {
diff --git a/packages/metro/src/lib/bundleToBytecode.js b/packages/metro/src/lib/bundleToBytecode.js
index fc8f996137..a0234ac4db 100644
--- a/packages/metro/src/lib/bundleToBytecode.js
+++ b/packages/metro/src/lib/bundleToBytecode.js
@@ -15,8 +15,6 @@ import type {
   BytecodeBundle,
 } from 'metro-runtime/src/modules/types.flow';
 
-const {getFileLength} = require('metro-hermes-compiler');
-
 // The magic number is used as a header for bytecode.
 // It represents a Metro tunnel in binary.
 //
@@ -34,6 +32,8 @@ function getFileHeader(moduleCount: number): Buffer {
 }
 
 function addModuleHeader(buffer: Buffer): [Buffer, Buffer] {
+  const {getFileLength} = require('metro-hermes-compiler');
+
   const fileLength = getFileLength(buffer, 0);
   const header = Buffer.alloc(4);
   header.writeUInt32LE(fileLength, 0);
diff --git a/packages/metro/src/lib/getPrependedScripts.js b/packages/metro/src/lib/getPrependedScripts.js
index 00ae5077f7..e2a04f0e49 100644
--- a/packages/metro/src/lib/getPrependedScripts.js
+++ b/packages/metro/src/lib/getPrependedScripts.js
@@ -22,7 +22,6 @@ const countLines = require('./countLines');
 const getPreludeCode = require('./getPreludeCode');
 const transformHelpers = require('./transformHelpers');
 const defaults = require('metro-config/src/defaults/defaults');
-const {compile} = require('metro-hermes-compiler');
 
 async function getPrependedScripts(
   config: ConfigT,
@@ -93,6 +92,8 @@ function _getPrelude({
   requireCycleIgnorePatterns: $ReadOnlyArray<RegExp>,
   ...
 }): Module<> {
+  const {compile} = require('metro-hermes-compiler');
+
   const code = getPreludeCode({
     isDev: dev,
     globalPrefix,