diff --git a/Cargo.lock b/Cargo.lock
index 9f61c79ca..8cab8b1ec 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3732,7 +3732,7 @@ dependencies = [
  "ibc-relayer-types",
  "moka",
  "once_cell",
- "opentelemetry",
+ "opentelemetry 0.20.0",
  "opentelemetry-prometheus",
  "prometheus",
  "rouille",
@@ -3992,9 +3992,9 @@ dependencies = [
 
 [[package]]
 name = "js-sys"
-version = "0.3.61"
+version = "0.3.64"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "445dde2150c55e483f3d8416706b97ec8e8237c307e5b7b4b8dd15e6af2a0730"
+checksum = "c5f195fe497f702db0f318b07fdd68edb16955aed830df8363d837542f8f935a"
 dependencies = [
  "wasm-bindgen",
 ]
@@ -4801,8 +4801,18 @@ version = "0.18.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "69d6c3d7288a106c0a363e4b0e8d308058d56902adefb16f4936f417ffef086e"
 dependencies = [
- "opentelemetry_api",
- "opentelemetry_sdk",
+ "opentelemetry_api 0.18.0",
+ "opentelemetry_sdk 0.18.0",
+]
+
+[[package]]
+name = "opentelemetry"
+version = "0.20.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9591d937bc0e6d2feb6f71a559540ab300ea49955229c347a517a28d27784c54"
+dependencies = [
+ "opentelemetry_api 0.20.0",
+ "opentelemetry_sdk 0.20.0",
 ]
 
 [[package]]
@@ -4811,7 +4821,7 @@ version = "0.11.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "06c3d833835a53cf91331d2cfb27e9121f5a95261f31f08a1f79ab31688b8da8"
 dependencies = [
- "opentelemetry",
+ "opentelemetry 0.18.0",
  "prometheus",
  "protobuf",
 ]
@@ -4832,6 +4842,22 @@ dependencies = [
  "thiserror",
 ]
 
+[[package]]
+name = "opentelemetry_api"
+version = "0.20.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "8a81f725323db1b1206ca3da8bb19874bbd3f57c3bcd59471bfb04525b265b9b"
+dependencies = [
+ "futures-channel",
+ "futures-util",
+ "indexmap",
+ "js-sys",
+ "once_cell",
+ "pin-project-lite",
+ "thiserror",
+ "urlencoding",
+]
+
 [[package]]
 name = "opentelemetry_sdk"
 version = "0.18.0"
@@ -4846,12 +4872,41 @@ dependencies = [
  "futures-executor",
  "futures-util",
  "once_cell",
- "opentelemetry_api",
+ "opentelemetry_api 0.18.0",
+ "percent-encoding",
+ "rand 0.8.5",
+ "thiserror",
+]
+
+[[package]]
+name = "opentelemetry_sdk"
+version = "0.20.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "fa8e705a0612d48139799fcbaba0d4a90f06277153e43dd2bdc16c6f0edd8026"
+dependencies = [
+ "async-trait",
+ "crossbeam-channel 0.5.7",
+ "futures-channel",
+ "futures-executor",
+ "futures-util",
+ "once_cell",
+ "opentelemetry_api 0.20.0",
+ "ordered-float",
  "percent-encoding",
  "rand 0.8.5",
+ "regex",
  "thiserror",
 ]
 
+[[package]]
+name = "ordered-float"
+version = "3.7.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "2fc2dbde8f8a79f2102cc474ceb0ad68e3b80b85289ea62389b60e66777e4213"
+dependencies = [
+ "num-traits",
+]
+
 [[package]]
 name = "ordered-multimap"
 version = "0.4.3"
@@ -7781,6 +7836,12 @@ dependencies = [
  "percent-encoding",
 ]
 
+[[package]]
+name = "urlencoding"
+version = "2.1.3"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "daf8dba3b7eb870caf1ddeed7bc9d2a049f3cfdfae7cb521b087cc33ae4c49da"
+
 [[package]]
 name = "utf-8"
 version = "0.7.6"
@@ -7897,9 +7958,9 @@ checksum = "9c8d87e72b64a3b4db28d11ce29237c246188f4f51057d65a7eab63b7987e423"
 
 [[package]]
 name = "wasm-bindgen"
-version = "0.2.84"
+version = "0.2.87"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "31f8dcbc21f30d9b8f2ea926ecb58f6b91192c17e9d33594b3df58b2007ca53b"
+checksum = "7706a72ab36d8cb1f80ffbf0e071533974a60d0a308d01a5d0375bf60499a342"
 dependencies = [
  "cfg-if 1.0.0",
  "wasm-bindgen-macro",
@@ -7907,16 +7968,16 @@ dependencies = [
 
 [[package]]
 name = "wasm-bindgen-backend"
-version = "0.2.84"
+version = "0.2.87"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "95ce90fd5bcc06af55a641a86428ee4229e44e07033963a2290a8e241607ccb9"
+checksum = "5ef2b6d3c510e9625e5fe6f509ab07d66a760f0885d858736483c32ed7809abd"
 dependencies = [
  "bumpalo",
  "log",
  "once_cell",
  "proc-macro2",
  "quote",
- "syn 1.0.109",
+ "syn 2.0.15",
  "wasm-bindgen-shared",
 ]
 
@@ -7934,9 +7995,9 @@ dependencies = [
 
 [[package]]
 name = "wasm-bindgen-macro"
-version = "0.2.84"
+version = "0.2.87"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4c21f77c0bedc37fd5dc21f897894a5ca01e7bb159884559461862ae90c0b4c5"
+checksum = "dee495e55982a3bd48105a7b947fd2a9b4a8ae3010041b9e0faab3f9cd028f1d"
 dependencies = [
  "quote",
  "wasm-bindgen-macro-support",
@@ -7944,22 +8005,22 @@ dependencies = [
 
 [[package]]
 name = "wasm-bindgen-macro-support"
-version = "0.2.84"
+version = "0.2.87"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2aff81306fcac3c7515ad4e177f521b5c9a15f2b08f4e32d823066102f35a5f6"
+checksum = "54681b18a46765f095758388f2d0cf16eb8d4169b639ab575a8f5693af210c7b"
 dependencies = [
  "proc-macro2",
  "quote",
- "syn 1.0.109",
+ "syn 2.0.15",
  "wasm-bindgen-backend",
  "wasm-bindgen-shared",
 ]
 
 [[package]]
 name = "wasm-bindgen-shared"
-version = "0.2.84"
+version = "0.2.87"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0046fef7e28c3804e5e38bfa31ea2a0f73905319b677e57ebe37e49358989b5d"
+checksum = "ca6ad05a4870b2bf5fe995117d3728437bd27d7cd5f06f13c17443ef369775a1"
 
 [[package]]
 name = "web-sys"
diff --git a/crates/telemetry/Cargo.toml b/crates/telemetry/Cargo.toml
index ee780fa4a..7eac836df 100644
--- a/crates/telemetry/Cargo.toml
+++ b/crates/telemetry/Cargo.toml
@@ -16,7 +16,7 @@ description  = """
 ibc-relayer-types = { version = "0.23.0", path = "../relayer-types" }
 
 once_cell                = "1.17.0"
-opentelemetry            = { version = "0.18.0", features = ["metrics"] }
+opentelemetry            = { version = "0.20.0", features = ["metrics"] }
 opentelemetry-prometheus = "0.11.0"
 prometheus               = "0.13.2"
 rouille                  = "3.6.1"