diff --git a/CHANGELOG.md b/CHANGELOG.md
index ca982c3d..345b7e04 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -46,6 +46,7 @@ Ref: https://keepachangelog.com/en/1.0.0/
 * (finschia-sdk) [\#297](https://github.com/Finschia/finschia/pull/297) bump up finschia-sdk from v0.48.0 to v0.48.1
 
 ### Breaking Changes
+* (wasmd) [\#328](https://github.com/Finschia/finschia/pull/328) bump up wasmd from v0.2.0 to v0.3.0
 
 ### Build, CI
 * (ci) [\#290](https://github.com/Finschia/finschia/pull/290) remove autopr ci
diff --git a/go.mod b/go.mod
index 0fdf889b..f4007e11 100644
--- a/go.mod
+++ b/go.mod
@@ -5,7 +5,7 @@ go 1.20
 require (
 	github.com/Finschia/finschia-sdk v0.48.1
 	github.com/Finschia/ostracon v1.1.2
-	github.com/Finschia/wasmd v0.2.0
+	github.com/Finschia/wasmd v0.3.0
 	github.com/cosmos/ibc-go/v4 v4.3.1
 	github.com/golang/mock v1.6.0
 	github.com/gorilla/mux v1.8.1
@@ -25,7 +25,7 @@ require (
 	github.com/99designs/keyring v1.2.1 // indirect
 	github.com/ChainSafe/go-schnorrkel v0.0.0-20200405005733-88cbf1b4c40d // indirect
 	github.com/Finschia/r2ishiguro_vrf v0.1.2 // indirect
-	github.com/Finschia/wasmvm v1.1.1-0.11.6 // indirect
+	github.com/Finschia/wasmvm v1.1.1-0.12.0 // indirect
 	github.com/VictoriaMetrics/fastcache v1.12.1 // indirect
 	github.com/Workiva/go-datastructures v1.1.1 // indirect
 	github.com/armon/go-metrics v0.4.1 // indirect
diff --git a/go.sum b/go.sum
index 412f87e8..d47e3064 100644
--- a/go.sum
+++ b/go.sum
@@ -55,10 +55,10 @@ github.com/Finschia/ostracon v1.1.2 h1:JqP1RLTFHtCUr5I8njS698iJDz6YRXBsL06LnJy+8
 github.com/Finschia/ostracon v1.1.2/go.mod h1:eOAnifAmWFqCnB828FOlcrFzJ+Kt5Fgg+dswr7BSBDM=
 github.com/Finschia/r2ishiguro_vrf v0.1.2 h1:lDBz6NQMx1pw5I3End6xFmXpM//7KcmTr3Ka983e7v8=
 github.com/Finschia/r2ishiguro_vrf v0.1.2/go.mod h1:OHRtvzcJnfIrcJ0bvPNktJozRFAyZFuv56E9R3/qB+Y=
-github.com/Finschia/wasmd v0.2.0 h1:2gxc3aF+3AelF+vTDyRfCXlVdTh6IzlVFbscR4P232E=
-github.com/Finschia/wasmd v0.2.0/go.mod h1:5xND/H5RLFZxDBqRBo2UyaXFAYVuPY+oJu+5PM5PbHQ=
-github.com/Finschia/wasmvm v1.1.1-0.11.6 h1:Ae1XLQJKBltVBQugg6UwT8JBoSfN531L1Zc6CNgd1RA=
-github.com/Finschia/wasmvm v1.1.1-0.11.6/go.mod h1:NvaR6R52gFtNaKh+y/5fyUjS5Q2QfE8TJzv0bdSsWqQ=
+github.com/Finschia/wasmd v0.3.0 h1:2o4kAGJZMsoHRkaR3ShkXM/lcCr3nJq9Cahh/+Tv18k=
+github.com/Finschia/wasmd v0.3.0/go.mod h1:Zk5Rvj0J8nMxIN+o4YG4vPyeeflcQD1e7NGk6Glhmps=
+github.com/Finschia/wasmvm v1.1.1-0.12.0 h1:m+YXvFgE2vodYKJBkTAxAdfZsrdTDN0qA8s8d6cMesg=
+github.com/Finschia/wasmvm v1.1.1-0.12.0/go.mod h1:NvaR6R52gFtNaKh+y/5fyUjS5Q2QfE8TJzv0bdSsWqQ=
 github.com/Knetic/govaluate v3.0.1-0.20171022003610-9aa49832a739+incompatible/go.mod h1:r7JcOSlj0wfOMncg0iLm8Leh48TZaKVeNIfJntJ2wa0=
 github.com/Microsoft/go-winio v0.6.1 h1:9/kr64B9VUZrLm5YYwbGtUJnMgqWVOdUAXu6Migciow=
 github.com/Nvveen/Gotty v0.0.0-20120604004816-cd527374f1e5 h1:TngWCqHvy9oXAN6lEVMRuU21PR1EtLVZJmdB18Gu3Rw=