diff --git a/pkgs/development/interpreters/wasmtime/default.nix b/pkgs/development/interpreters/wasmtime/default.nix
index bc1167f457eb..d4f7be9bc71b 100644
--- a/pkgs/development/interpreters/wasmtime/default.nix
+++ b/pkgs/development/interpreters/wasmtime/default.nix
@@ -2,20 +2,20 @@
 
 rustPlatform.buildRustPackage rec {
   pname = "wasmtime";
-  version = "30.0.2";
+  version = "31.0.0";
 
   src = fetchFromGitHub {
     owner = "bytecodealliance";
     repo = pname;
     rev = "v${version}";
-    hash = "sha256-crVetjCSdwMotVvlIB2fJIFDrGrRE72LmRRw9DwYmyc=";
+    hash = "sha256-IQeYmqCXhzWsuufrLKeBI2sw86dXbn7c5DbmcoJTWvo=";
     fetchSubmodules = true;
   };
 
   # Disable cargo-auditable until https://github.com/rust-secure-code/cargo-auditable/issues/124 is solved.
   auditable = false;
   useFetchCargoVendor = true;
-  cargoHash = "sha256-YupZr9jturuiFICubrXeOpAeFRvvdX4iRrarBkGL2s0=";
+  cargoHash = "sha256-zMDpbJoOaKJ974Ln43JtY3f3WOq2dEmdgX9TubYdlow=";
   cargoBuildFlags = [ "--package" "wasmtime-cli" "--package" "wasmtime-c-api" ];
 
   outputs = [ "out" "dev" ];