diff --git a/packages/decoder/package.json b/packages/decoder/package.json
index 5511c87aa1b..e96ac60e1d7 100644
--- a/packages/decoder/package.json
+++ b/packages/decoder/package.json
@@ -22,13 +22,13 @@
   "types": "dist/index.d.ts",
   "dependencies": {
     "@truffle/abi-utils": "^0.1.1",
-    "@truffle/codec": "^0.9.1",
+    "@truffle/codec": "^0.17.3",
     "@truffle/compile-solidity": "^5.1.1",
     "@truffle/solidity-utils": "^1.3.29",
     "bn.js": "^4.11.8",
     "debug": "^4.1.0",
     "source-map-support": "^0.5.19",
-    "web3": "1.2.9"
+    "web3": "4.2.0"
   },
   "peerDependencies": {
     "truffle": "^5.0.14"