diff --git a/Cargo.lock b/Cargo.lock
index b8a6b3e4b565..5e7cdfa501cf 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -813,10 +813,23 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "81953c529336010edd6d8e358f886d9581267795c61b19475b71314bffa46d35"
 dependencies = [
  "concurrent-queue",
- "event-listener",
+ "event-listener 2.5.3",
  "futures-core",
 ]
 
+[[package]]
+name = "async-channel"
+version = "2.2.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "136d4d23bcc79e27423727b36823d86233aad06dfea531837b038394d11e9928"
+dependencies = [
+ "concurrent-queue",
+ "event-listener 5.2.0",
+ "event-listener-strategy",
+ "futures-core",
+ "pin-project-lite",
+]
+
 [[package]]
 name = "async-compression"
 version = "0.4.5"
@@ -856,7 +869,7 @@ version = "2.3.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "f1b6f5d7df27bd294849f8eec66ecfc63d11814df7a4f5d74168a2394467b776"
 dependencies = [
- "async-channel",
+ "async-channel 1.9.0",
  "async-executor",
  "async-io",
  "async-lock",
@@ -892,7 +905,7 @@ version = "2.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "287272293e9d8c41773cec55e365490fe034813a2f172f502d6ddcf75b2f582b"
 dependencies = [
- "event-listener",
+ "event-listener 2.5.3",
 ]
 
 [[package]]
@@ -946,7 +959,7 @@ source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "62565bb4402e926b29953c785397c6dc0391b7b446e45008b0049eb43cec6f5d"
 dependencies = [
  "async-attributes",
- "async-channel",
+ "async-channel 1.9.0",
  "async-global-executor",
  "async-io",
  "async-lock",
@@ -1894,7 +1907,7 @@ version = "1.3.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "77231a1c8f801696fc0123ec6150ce92cffb8e164a02afb9c8ddee0e9b65ad65"
 dependencies = [
- "async-channel",
+ "async-channel 1.9.0",
  "async-lock",
  "async-task",
  "atomic-waker",
@@ -4594,6 +4607,27 @@ version = "2.5.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "0206175f82b8d6bf6652ff7d71a1e27fd2e4efde587fd368662814d6ec1d9ce0"
 
+[[package]]
+name = "event-listener"
+version = "5.2.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2b5fb89194fa3cad959b833185b3063ba881dbfc7030680b314250779fb4cc91"
+dependencies = [
+ "concurrent-queue",
+ "parking",
+ "pin-project-lite",
+]
+
+[[package]]
+name = "event-listener-strategy"
+version = "0.5.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "332f51cb23d20b0de8458b86580878211da09bcd4503cb579c225b3d124cabb3"
+dependencies = [
+ "event-listener 5.2.0",
+ "pin-project-lite",
+]
+
 [[package]]
 name = "expect-test"
 version = "1.5.0"
@@ -5534,7 +5568,7 @@ version = "0.23.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "1da196da473976944d408a91213bafe078e7223e10694d3f8ed36b6e210fa130"
 dependencies = [
- "async-channel",
+ "async-channel 1.9.0",
  "async-stream",
  "google-cloud-auth",
  "google-cloud-gax",
@@ -6901,12 +6935,12 @@ dependencies = [
 
 [[package]]
 name = "madsim"
-version = "0.2.22"
+version = "0.2.27"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "7777a8bc4e68878b6e5433ac7b9bc196d9ccdfeef1f7cb3d23193cb997a520c9"
+checksum = "c4d58385da6b81328e3e3ccb60426c0da8069a547d9979e2b11aae831089a37c"
 dependencies = [
- "ahash 0.7.8",
- "async-channel",
+ "ahash 0.8.11",
+ "async-channel 2.2.1",
  "async-stream",
  "async-task",
  "bincode 1.3.3",
@@ -6925,7 +6959,7 @@ dependencies = [
  "spin 0.9.8",
  "tokio",
  "tokio-util",
- "toml 0.7.8",
+ "toml 0.8.12",
  "tracing",
  "tracing-subscriber",
 ]
@@ -6986,7 +7020,7 @@ version = "0.3.4+0.34.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "0992d46c19414bda24bad935ea223ad025dcd7e64f38f0acee388efa8ff5319b"
 dependencies = [
- "async-channel",
+ "async-channel 1.9.0",
  "async-trait",
  "futures-channel",
  "futures-util",
@@ -9254,7 +9288,7 @@ dependencies = [
  "indoc",
  "libc",
  "memoffset",
- "parking_lot 0.12.1",
+ "parking_lot 0.11.2",
  "portable-atomic",
  "pyo3-build-config",
  "pyo3-ffi",
@@ -13089,7 +13123,7 @@ dependencies = [
  "crossbeam-queue",
  "dotenvy",
  "either",
- "event-listener",
+ "event-listener 2.5.3",
  "futures-channel",
  "futures-core",
  "futures-intrusive",
diff --git a/src/object_store/Cargo.toml b/src/object_store/Cargo.toml
index bda496ea24f8..76c493472487 100644
--- a/src/object_store/Cargo.toml
+++ b/src/object_store/Cargo.toml
@@ -23,14 +23,14 @@ crc32fast = "1"
 either = "1"
 fail = "0.5"
 futures = { version = "0.3", default-features = false, features = ["alloc"] }
-hyper = { version = "0.14", features = ["tcp", "client"] } # required by aws sdk
+hyper = { version = "0.14", features = ["tcp", "client"] }                    # required by aws sdk
 hyper-rustls = { version = "0.24.2", features = ["webpki-roots"] }
 hyper-tls = "0.5.0"
 itertools = { workspace = true }
-madsim = "0.2.22"
+madsim = "0.2.27"
 opendal = "0.45.1"
 prometheus = { version = "0.13", features = ["process"] }
-reqwest = "0.11" # required by opendal
+reqwest = "0.11"                                                              # required by opendal
 risingwave_common = { workspace = true }
 rustls = "0.23.4"
 spin = "0.9"
diff --git a/src/tests/simulation/Cargo.toml b/src/tests/simulation/Cargo.toml
index fc55e6356f4c..31736ea84842 100644
--- a/src/tests/simulation/Cargo.toml
+++ b/src/tests/simulation/Cargo.toml
@@ -24,7 +24,7 @@ futures = { version = "0.3", default-features = false, features = ["alloc"] }
 glob = "0.3"
 itertools = { workspace = true }
 lru = { workspace = true }
-madsim = "0.2.22"
+madsim = "0.2.27"
 paste = "1"
 pin-project = "1.1"
 pretty_assertions = "1"