diff --git a/package-lock.json b/package-lock.json
index b0710e5..bbbee68 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -488,9 +488,9 @@
       }
     },
     "@openzeppelin/contracts": {
-      "version": "2.5.0",
-      "resolved": "https://registry.npmjs.org/@openzeppelin/contracts/-/contracts-2.5.0.tgz",
-      "integrity": "sha512-t3jm8FrhL9tkkJTofkznTqo/XXdHi21w5yXwalEnaMOp22ZwZ0f/mmKdlgMMLPFa6bSVHbY88mKESwJT/7m5Lg=="
+      "version": "4.7.2",
+      "resolved": "https://registry.npmjs.org/@openzeppelin/contracts/-/contracts-4.7.2.tgz",
+      "integrity": "sha512-4n/JL9izql8303mPqPdubuna/DWEMbmOzWYUWyCPhjhiEr2w3nQrjE7vZz1fBF+wzzP6dZbIcsgqACk53c9FGA=="
     },
     "@openzeppelin/upgrades": {
       "version": "2.6.0",
diff --git a/package.json b/package.json
index cee95b2..0b617bb 100644
--- a/package.json
+++ b/package.json
@@ -48,7 +48,7 @@
   },
   "homepage": "https://github.com/dydxprotocol/perpetual#readme",
   "dependencies": {
-    "@openzeppelin/contracts": "2.5.0",
+    "@openzeppelin/contracts": "4.7.2",
     "@openzeppelin/upgrades": "2.6.0",
     "bignumber.js": "^8.1.1",
     "canonical-weth": "^1.4.0",