diff --git a/pkgs/development/python-modules/coiled/default.nix b/pkgs/development/python-modules/coiled/default.nix
index fe7017820333..af13d28a6781 100644
--- a/pkgs/development/python-modules/coiled/default.nix
+++ b/pkgs/development/python-modules/coiled/default.nix
@@ -39,12 +39,12 @@
 
 buildPythonPackage rec {
   pname = "coiled";
-  version = "1.120.0";
+  version = "1.121.0";
   pyproject = true;
 
   src = fetchPypi {
     inherit pname version;
-    hash = "sha256-ZVAJlYyEsvDfGd8ioLxmWn43T531jdyhG2L3FROetjU=";
+    hash = "sha256-NJI4oc7MRnXQbKyIb3JNntv+a/HMiWIcIV+Q6I80QNY=";
   };
 
   build-system = [