diff --git a/pkgs/development/tools/subxt/default.nix b/pkgs/development/tools/subxt/default.nix
index e8ec817ffe57..3aba7494eaf6 100644
--- a/pkgs/development/tools/subxt/default.nix
+++ b/pkgs/development/tools/subxt/default.nix
@@ -8,16 +8,16 @@
 
 rustPlatform.buildRustPackage rec {
   pname = "subxt";
-  version = "0.35.0";
+  version = "0.35.1";
 
   src = fetchFromGitHub {
     owner = "paritytech";
     repo = "subxt";
     rev = "v${version}";
-    hash = "sha256-zNgk8muBxKA3YLP42EIuGSZOyUKRNTvzDvLks3IGHZk=";
+    hash = "sha256-hv31E0e2ANArrK5VNHwKiEfDvaJojTjBA65oskziLUI=";
   };
 
-  cargoHash = "sha256-2aekzHVmAVWfJH7dQOlyiR6r3NESsu5W7B6osAOBUWY=";
+  cargoHash = "sha256-V7oAvD8M+1CGnXYzj4qeb+skkVROdXr0S5l5mZyLnfA=";
 
   # Only build the command line client
   cargoBuildFlags = [ "--bin" "subxt" ];