diff --git a/README.md b/README.md
index 5291818532b..3081c07fed9 100644
--- a/README.md
+++ b/README.md
@@ -22,7 +22,7 @@ Implementation with [tendermint/liquidity](https://github.com/tendermint/liquidi
 | Go version  | Go1.15 or higher |
 | based gaia  | v4.2.1           |
 | Cosmos-SDK  | v0.42.4          |
-| liquidity   | v1.2.4           |
+| liquidity   | v1.2.5           |
 
 ### Get gravity-dex source code
 
diff --git a/go.mod b/go.mod
index c5f7e90ba16..17a53145d79 100644
--- a/go.mod
+++ b/go.mod
@@ -10,7 +10,7 @@ require (
 	github.com/spf13/cast v1.3.1
 	github.com/spf13/cobra v1.1.3
 	github.com/stretchr/testify v1.7.0
-	github.com/tendermint/liquidity v1.2.4
+	github.com/tendermint/liquidity v1.2.5
 	github.com/tendermint/tendermint v0.34.9
 	github.com/tendermint/tm-db v0.6.4
 )
diff --git a/go.sum b/go.sum
index 436a31badb9..0a945803772 100644
--- a/go.sum
+++ b/go.sum
@@ -599,8 +599,8 @@ github.com/tendermint/crypto v0.0.0-20191022145703-50d29ede1e15 h1:hqAk8riJvK4RM
 github.com/tendermint/crypto v0.0.0-20191022145703-50d29ede1e15/go.mod h1:z4YtwM70uOnk8h0pjJYlj3zdYwi9l03By6iAIF5j/Pk=
 github.com/tendermint/go-amino v0.16.0 h1:GyhmgQKvqF82e2oZeuMSp9JTN0N09emoSZlb2lyGa2E=
 github.com/tendermint/go-amino v0.16.0/go.mod h1:TQU0M1i/ImAo+tYpZi73AU3V/dKeCoMC9Sphe2ZwGME=
-github.com/tendermint/liquidity v1.2.4 h1:MTjcEgtdv9RtUhja1oQ5qV4JKHr+rgbyvorJRptY01A=
-github.com/tendermint/liquidity v1.2.4/go.mod h1:giWBVS1/cJN9SYh0KsOVLdIeZzTDi/Cnvb1RcQLnBHE=
+github.com/tendermint/liquidity v1.2.5 h1:F2o7e63mCABjvhMIHJvnNutcIOitQtmuGpR/R3rDhDg=
+github.com/tendermint/liquidity v1.2.5/go.mod h1:giWBVS1/cJN9SYh0KsOVLdIeZzTDi/Cnvb1RcQLnBHE=
 github.com/tendermint/tendermint v0.34.0-rc4/go.mod h1:yotsojf2C1QBOw4dZrTcxbyxmPUrT4hNuOQWX9XUwB4=
 github.com/tendermint/tendermint v0.34.0-rc6/go.mod h1:ugzyZO5foutZImv0Iyx/gOFCX6mjJTgbLHTwi17VDVg=
 github.com/tendermint/tendermint v0.34.0/go.mod h1:Aj3PIipBFSNO21r+Lq3TtzQ+uKESxkbA3yo/INM4QwQ=