diff --git a/requirements.txt b/requirements.txt
index 6f94ba68a..05bee19c1 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -8,7 +8,7 @@ ccxt==4.4.52
 cryptography==42.0.8; platform_machine == 'armv7l'
 cryptography==44.0.0; platform_machine != 'armv7l'
 aiohttp==3.9.5
-SQLAlchemy==2.0.37
+SQLAlchemy==2.0.38
 python-telegram-bot==21.10
 # can't be hard-pinned due to telegram-bot pinning httpx with ~
 httpx>=0.24.1