diff --git a/examples/next-walletconnect-example/package.json b/examples/next-walletconnect-example/package.json
index f728c1835..344d0ebbc 100644
--- a/examples/next-walletconnect-example/package.json
+++ b/examples/next-walletconnect-example/package.json
@@ -16,7 +16,7 @@
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     "@mui/icons-material": "^5.15.10",
     "@mui/lab": "^5.0.0-alpha.111",
-    "@mui/material": "^5.10.17",
+    "@mui/material": "^5.15.11",
     "@walletconnect/sign-client": "^2.11.2",
     "@walletconnect/types": "^2.9.0",
     "@walletconnect/utils": "^2.11.2",
diff --git a/yarn.lock b/yarn.lock
index 868eb5cd5..1bba3ab6b 100644
--- a/yarn.lock
+++ b/yarn.lock
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+    react-dom: ^17.0.0 || ^18.0.0
+  peerDependenciesMeta:
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+  checksum: 36a0faa9201e99e556fe38350c37ae7a89a5ecf25e90d81c1eff6688ca4b7f329aff98e7d23c5ffd622ab59bce091435272bb101c7cf4f806cf685144b4b3389
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-  version: 5.15.6
-  resolution: "@mui/material@npm:5.15.6"
+"@mui/material@npm:^5.15.11":
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+  resolution: "@mui/material@npm:5.15.11"
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-    "@mui/base": 5.0.0-beta.33
-    "@mui/core-downloads-tracker": ^5.15.6
-    "@mui/system": ^5.15.6
+    "@babel/runtime": ^7.23.9
+    "@mui/base": 5.0.0-beta.37
+    "@mui/core-downloads-tracker": ^5.15.11
+    "@mui/system": ^5.15.11
     "@mui/types": ^7.2.13
-    "@mui/utils": ^5.15.6
+    "@mui/utils": ^5.15.11
     "@types/react-transition-group": ^4.4.10
     clsx: ^2.1.0
-    csstype: ^3.1.2
+    csstype: ^3.1.3
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     react-is: ^18.2.0
     react-transition-group: ^4.4.5
@@ -6682,7 +6704,24 @@ __metadata:
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+  checksum: bbd47869a2d40f04b8588dd96669e979ff494a5bd4dbfc9cb2aec43d350f15002da8a86be60c7763b4c2496a137a5e0f64661cb712b37005f890d6d357a13a15
+  languageName: node
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+"@mui/private-theming@npm:^5.15.11":
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+  resolution: "@mui/private-theming@npm:5.15.11"
+  dependencies:
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@@ -6703,6 +6742,27 @@ __metadata:
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+"@mui/styled-engine@npm:^5.15.11":
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+  resolution: "@mui/styled-engine@npm:5.15.11"
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+    prop-types: ^15.8.1
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+    "@mui/utils": ^5.15.11
+    clsx: ^2.1.0
+    csstype: ^3.1.3
+    prop-types: ^15.8.1
+  peerDependencies:
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+    "@emotion/styled": ^11.3.0
+    "@types/react": ^17.0.0 || ^18.0.0
+    react: ^17.0.0 || ^18.0.0
+  peerDependenciesMeta:
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+  languageName: node
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+
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   resolution: "@mui/system@npm:5.15.6"
@@ -6764,6 +6852,24 @@ __metadata:
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+"@mui/utils@npm:^5.15.11":
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+  resolution: "@mui/utils@npm:5.15.11"
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+    prop-types: ^15.8.1
+    react-is: ^18.2.0
+  peerDependencies:
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+    react: ^17.0.0 || ^18.0.0
+  peerDependenciesMeta:
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+  checksum: 7824d1aff2dbbac90ab7e2a6c7ad99c9dcf111d9966822dd71da52050f6a42c2d4b8094bacbbd062796bba5feb8d7c8426c1c4d71875a1dc4f325f3742c45bb8
+  languageName: node
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+
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   resolution: "@mui/utils@npm:5.15.6"
@@ -13623,7 +13729,7 @@ __metadata:
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-"csstype@npm:^3.1.2":
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     "@mui/icons-material": ^5.15.10
     "@mui/lab": ^5.0.0-alpha.111
-    "@mui/material": ^5.10.17
+    "@mui/material": ^5.15.11
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     "@types/react": ^18
     "@types/react-dom": ^18