diff --git a/package.json b/package.json
index b290f0827..3d44c7db5 100644
--- a/package.json
+++ b/package.json
@@ -47,7 +47,7 @@
     "@kiltprotocol/sdk-js": "^0.35.0",
     "@polkadot/extension-inject": "^0.46.7",
     "@polkadot/keyring": "^12.6.2",
-    "@polkadot/types": "^10.11.2",
+    "@polkadot/types": "^10.12.1",
     "@polkadot/ui-shared": "^3.6.5",
     "@polkadot/util": "^12.6.2",
     "@polkadot/util-crypto": "^12.6.2",
diff --git a/yarn.lock b/yarn.lock
index 259fd5bdd..614fcc128 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -2783,7 +2783,19 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@polkadot/types-codec@npm:10.11.3, @polkadot/types-codec@npm:^10.7.3":
+"@polkadot/types-augment@npm:10.12.1":
+  version: 10.12.1
+  resolution: "@polkadot/types-augment@npm:10.12.1"
+  dependencies:
+    "@polkadot/types": "npm:10.12.1"
+    "@polkadot/types-codec": "npm:10.12.1"
+    "@polkadot/util": "npm:^12.6.2"
+    tslib: "npm:^2.6.2"
+  checksum: 10c0/a039fdc586426ae129dffc9b29a9de4bbe65349f2cbec5968723c65df2881487d51c7dc2e2f2b7b32bf2a7db8df676c719ef65ddcfb22c39b984f4ef6c69a048
+  languageName: node
+  linkType: hard
+
+"@polkadot/types-codec@npm:10.11.3":
   version: 10.11.3
   resolution: "@polkadot/types-codec@npm:10.11.3"
   dependencies:
@@ -2794,6 +2806,17 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@polkadot/types-codec@npm:10.12.1, @polkadot/types-codec@npm:^10.7.3":
+  version: 10.12.1
+  resolution: "@polkadot/types-codec@npm:10.12.1"
+  dependencies:
+    "@polkadot/util": "npm:^12.6.2"
+    "@polkadot/x-bigint": "npm:^12.6.2"
+    tslib: "npm:^2.6.2"
+  checksum: 10c0/e09b411caea34f53f74daab03c5ca2dccb7b12e91c7628c73b805bb4286ad8f74eb36b104502de152fac7b12436122f163e7e2d1c5b9e6a9d42a9205bbddc549
+  languageName: node
+  linkType: hard
+
 "@polkadot/types-create@npm:10.11.3":
   version: 10.11.3
   resolution: "@polkadot/types-create@npm:10.11.3"
@@ -2805,6 +2828,17 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@polkadot/types-create@npm:10.12.1":
+  version: 10.12.1
+  resolution: "@polkadot/types-create@npm:10.12.1"
+  dependencies:
+    "@polkadot/types-codec": "npm:10.12.1"
+    "@polkadot/util": "npm:^12.6.2"
+    tslib: "npm:^2.6.2"
+  checksum: 10c0/308325f978d80ba0efd2105915c73531e01b30eb948b4889c1aa03d8d574fa894f324f8f7af17a2c3d69e807e793dd0423fac199499b1299d66255337427b062
+  languageName: node
+  linkType: hard
+
 "@polkadot/types-known@npm:10.11.3":
   version: 10.11.3
   resolution: "@polkadot/types-known@npm:10.11.3"
@@ -2829,7 +2863,7 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@polkadot/types@npm:10.11.3, @polkadot/types@npm:^10.11.2, @polkadot/types@npm:^10.11.3, @polkadot/types@npm:^10.7.3":
+"@polkadot/types@npm:10.11.3":
   version: 10.11.3
   resolution: "@polkadot/types@npm:10.11.3"
   dependencies:
@@ -2845,6 +2879,22 @@ __metadata:
   languageName: node
   linkType: hard
 
+"@polkadot/types@npm:10.12.1, @polkadot/types@npm:^10.11.3, @polkadot/types@npm:^10.12.1, @polkadot/types@npm:^10.7.3":
+  version: 10.12.1
+  resolution: "@polkadot/types@npm:10.12.1"
+  dependencies:
+    "@polkadot/keyring": "npm:^12.6.2"
+    "@polkadot/types-augment": "npm:10.12.1"
+    "@polkadot/types-codec": "npm:10.12.1"
+    "@polkadot/types-create": "npm:10.12.1"
+    "@polkadot/util": "npm:^12.6.2"
+    "@polkadot/util-crypto": "npm:^12.6.2"
+    rxjs: "npm:^7.8.1"
+    tslib: "npm:^2.6.2"
+  checksum: 10c0/6dc004c170c34bb99b838057142464b8c92951445846abccbce25e72c59c145adda4ca2399ca9a106a9f4fa4491a4fa675b091b1f82f3658334e345679b03267
+  languageName: node
+  linkType: hard
+
 "@polkadot/ui-shared@npm:^3.6.5":
   version: 3.6.5
   resolution: "@polkadot/ui-shared@npm:3.6.5"
@@ -16472,7 +16522,7 @@ __metadata:
     "@kiltprotocol/sdk-js": "npm:^0.35.0"
     "@polkadot/extension-inject": "npm:^0.46.7"
     "@polkadot/keyring": "npm:^12.6.2"
-    "@polkadot/types": "npm:^10.11.2"
+    "@polkadot/types": "npm:^10.12.1"
     "@polkadot/ui-shared": "npm:^3.6.5"
     "@polkadot/util": "npm:^12.6.2"
     "@polkadot/util-crypto": "npm:^12.6.2"