diff --git a/Cargo.lock b/Cargo.lock
index cb81e798..bb8ddb98 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -4551,32 +4551,29 @@ dependencies = [
 
 [[package]]
 name = "opentelemetry"
-version = "0.21.0"
+version = "0.23.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1e32339a5dc40459130b3bd269e9892439f55b33e772d2a9d402a789baaf4e8a"
+checksum = "1b69a91d4893e713e06f724597ad630f1fa76057a5e1026c0ca67054a9032a76"
 dependencies = [
  "futures-core",
  "futures-sink",
- "indexmap 2.7.1",
  "js-sys",
  "once_cell",
  "pin-project-lite",
  "thiserror 1.0.69",
- "urlencoding",
 ]
 
 [[package]]
 name = "opentelemetry"
-version = "0.23.0"
+version = "0.31.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1b69a91d4893e713e06f724597ad630f1fa76057a5e1026c0ca67054a9032a76"
+checksum = "b84bcd6ae87133e903af7ef497404dda70c60d0ea14895fc8a5e6722754fc2a0"
 dependencies = [
  "futures-core",
  "futures-sink",
  "js-sys",
- "once_cell",
  "pin-project-lite",
- "thiserror 1.0.69",
+ "thiserror 2.0.11",
 ]
 
 [[package]]
@@ -4624,59 +4621,51 @@ dependencies = [
 
 [[package]]
 name = "opentelemetry-stdout"
-version = "0.2.0"
+version = "0.31.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c13b2df4cd59c176099ac82806725ba340c8fa7b1a7004c0912daad30470f63e"
+checksum = "bc8887887e169414f637b18751487cce4e095be787d23fad13c454e2fb1b3811"
 dependencies = [
  "chrono",
- "futures-util",
- "opentelemetry 0.21.0",
- "opentelemetry_sdk 0.21.2",
- "ordered-float",
- "serde",
- "serde_json",
+ "opentelemetry 0.31.0",
+ "opentelemetry_sdk 0.31.0",
 ]
 
 [[package]]
 name = "opentelemetry_sdk"
-version = "0.21.2"
+version = "0.23.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2f16aec8a98a457a52664d69e0091bac3a0abd18ead9b641cb00202ba4e0efe4"
+checksum = "ae312d58eaa90a82d2e627fd86e075cf5230b3f11794e2ed74199ebbe572d4fd"
 dependencies = [
  "async-trait",
- "crossbeam-channel",
  "futures-channel",
  "futures-executor",
  "futures-util",
+ "glob",
+ "lazy_static",
  "once_cell",
- "opentelemetry 0.21.0",
+ "opentelemetry 0.23.0",
  "ordered-float",
  "percent-encoding",
  "rand 0.8.5",
+ "serde_json",
  "thiserror 1.0.69",
+ "tokio",
+ "tokio-stream",
 ]
 
 [[package]]
 name = "opentelemetry_sdk"
-version = "0.23.0"
+version = "0.31.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ae312d58eaa90a82d2e627fd86e075cf5230b3f11794e2ed74199ebbe572d4fd"
+checksum = "e14ae4f5991976fd48df6d843de219ca6d31b01daaab2dad5af2badeded372bd"
 dependencies = [
- "async-trait",
  "futures-channel",
  "futures-executor",
  "futures-util",
- "glob",
- "lazy_static",
- "once_cell",
- "opentelemetry 0.23.0",
- "ordered-float",
+ "opentelemetry 0.31.0",
  "percent-encoding",
- "rand 0.8.5",
- "serde_json",
- "thiserror 1.0.69",
- "tokio",
- "tokio-stream",
+ "rand 0.9.1",
+ "thiserror 2.0.11",
 ]
 
 [[package]]
diff --git a/perf/Cargo.toml b/perf/Cargo.toml
index da942d65..2d63359f 100644
--- a/perf/Cargo.toml
+++ b/perf/Cargo.toml
@@ -25,7 +25,7 @@ opentelemetry_sdk = { version = "^0.23.0", features = [
     "rt-tokio",
     "logs_level_enabled",
 ] }
-opentelemetry-stdout = { version = "0.2.0", features = ["trace"] }
+opentelemetry-stdout = { version = "0.31.0", features = ["trace"] }
 opentelemetry-otlp = { version = "^0.16.0", features = ["default", "logs"] }
 tracing-opentelemetry = "^0.24"
 opentelemetry-appender-tracing = "0.4.0"