diff --git a/pkgs/development/python-modules/psycopg/default.nix b/pkgs/development/python-modules/psycopg/default.nix
index e2d775f0b3b3..38554ad8e97a 100644
--- a/pkgs/development/python-modules/psycopg/default.nix
+++ b/pkgs/development/python-modules/psycopg/default.nix
@@ -35,13 +35,13 @@
 
 let
   pname = "psycopg";
-  version = "3.1.10";
+  version = "3.1.11";
 
   src = fetchFromGitHub {
     owner = "psycopg";
     repo = pname;
     rev = "refs/tags/${version}";
-    hash = "sha256-GdgzHmzPCK3wq/8sCc1NaPEVwl4Q5OBZMp86RXkhE0M=";
+    hash = "sha256-cQTGaiVgdgaq1fmDdtqvc+uCp66S+s0GsTcFTARR+SI=";
   };
 
   patches = [