diff --git a/go.mod b/go.mod
index 0d167bc9cd49..11904d595992 100644
--- a/go.mod
+++ b/go.mod
@@ -11,7 +11,7 @@ require (
 	github.com/coinbase/rosetta-sdk-go v0.6.10
 	github.com/confio/ics23/go v0.6.6
 	github.com/cosmos/go-bip39 v1.0.0
-	github.com/cosmos/iavl v0.16.0
+	github.com/cosmos/iavl v0.17.1
 	github.com/cosmos/ledger-cosmos-go v0.11.1
 	github.com/enigmampc/btcutil v1.0.3-0.20200723161021-e2fb6adb2a25
 	github.com/gogo/gateway v1.1.0
diff --git a/go.sum b/go.sum
index fb9862426f94..da08b7217699 100644
--- a/go.sum
+++ b/go.sum
@@ -204,8 +204,8 @@ github.com/cosmos/go-bip39 v0.0.0-20180819234021-555e2067c45d/go.mod h1:tSxLoYXy
 github.com/cosmos/go-bip39 v1.0.0 h1:pcomnQdrdH22njcAatO0yWojsUnCO3y2tNoV1cb6hHY=
 github.com/cosmos/go-bip39 v1.0.0/go.mod h1:RNJv0H/pOIVgxw6KS7QeX2a0Uo0aKUlfhZ4xuwvCdJw=
 github.com/cosmos/iavl v0.15.3/go.mod h1:OLjQiAQ4fGD2KDZooyJG9yz+p2ao2IAYSbke8mVvSA4=
-github.com/cosmos/iavl v0.16.0 h1:ICIOB8xysirTX27GmVAaoeSpeozzgSu9d49w36xkVJA=
-github.com/cosmos/iavl v0.16.0/go.mod h1:2A8O/Jz9YwtjqXMO0CjnnbTYEEaovE8jWcwrakH3PoE=
+github.com/cosmos/iavl v0.17.1 h1:b/Cl8h1PRMvsu24+TYNlKchIu7W6tmxIBGe6E9u2Ybw=
+github.com/cosmos/iavl v0.17.1/go.mod h1:7aisPZK8yCpQdy3PMvKeO+bhq1NwDjUwjzxwwROUxFk=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76 h1:DdzS1m6o/pCqeZ8VOAit/gyATedRgjvkVI+UCrLpyuU=
 github.com/cosmos/keyring v1.1.7-0.20210622111912-ef00f8ac3d76/go.mod h1:0mkLWIoZuQ7uBoospo5Q9zIpqq6rYCPJDSUdeCJvPM8=
 github.com/cosmos/ledger-cosmos-go v0.11.1 h1:9JIYsGnXP613pb2vPjFeMMjBI5lEDsEaF6oYorTy6J4=