diff --git a/pkgs/development/python-modules/functiontrace/default.nix b/pkgs/development/python-modules/functiontrace/default.nix
index 7da09ce41208..e08ca4340ac1 100644
--- a/pkgs/development/python-modules/functiontrace/default.nix
+++ b/pkgs/development/python-modules/functiontrace/default.nix
@@ -9,12 +9,12 @@
 
 buildPythonPackage rec {
   pname = "functiontrace";
-  version = "0.3.10";
+  version = "0.5.1";
   format = "pyproject";
 
   src = fetchPypi {
     inherit pname version;
-    hash = "sha256-E2MNp3wKb9FEjEQK/vL/XBfScPuAwbWV5JeA9+ujckY=";
+    hash = "sha256-yRzcg8BDuwF74J2EYa/3GMkTaRGsx0WyDIQEWHwj12M=";
   };
 
   nativeBuildInputs = [