diff --git a/examples/upgradable-example/package.json b/examples/upgradable-example/package.json
index 7192db0b..42671cf0 100644
--- a/examples/upgradable-example/package.json
+++ b/examples/upgradable-example/package.json
@@ -40,7 +40,7 @@
     "@matterlabs/hardhat-zksync-verify": "workspace:^",
     "@nomicfoundation/hardhat-ethers": "3.0.6",
     "@openzeppelin/contracts-upgradeable": "^5.0.2",
-    "@openzeppelin/hardhat-upgrades": "^3.2.1",
+    "@openzeppelin/hardhat-upgrades": "^3.8.0",
     "chalk": "^4.1.2",
     "zksync": "^0.13.1"
   },
diff --git a/packages/hardhat-zksync-upgradable/package.json b/packages/hardhat-zksync-upgradable/package.json
index 5cb77037..dfd37380 100644
--- a/packages/hardhat-zksync-upgradable/package.json
+++ b/packages/hardhat-zksync-upgradable/package.json
@@ -37,7 +37,7 @@
     "@matterlabs/hardhat-zksync-solc": "workspace:^",
     "@matterlabs/hardhat-zksync-ethers": "workspace:^",
     "@openzeppelin/contracts-hardhat-zksync-upgradable": "npm:@openzeppelin/contracts@^5.0.2",
-    "@openzeppelin/hardhat-upgrades": "^3.2.1",
+    "@openzeppelin/hardhat-upgrades": "^3.8.0",
     "@openzeppelin/upgrades-core": "^1.37.0",
     "@openzeppelin/defender-sdk-base-client": "^1.10.0",
     "@openzeppelin/defender-sdk-deploy-client": "^1.10.0",
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index 8a9dd636..407e1dfa 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -459,8 +459,8 @@ importers:
         specifier: ^5.0.2
         version: 5.0.2(@openzeppelin/contracts@5.0.2)
       '@openzeppelin/hardhat-upgrades':
-        specifier: ^3.2.1
-        version: 3.4.0(@nomicfoundation/hardhat-ethers@3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(@nomicfoundation/hardhat-verify@2.0.8(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))
+        specifier: ^3.8.0
+        version: 3.8.0(@nomicfoundation/hardhat-ethers@3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(@nomicfoundation/hardhat-verify@2.0.8(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))
       chalk:
         specifier: ^4.1.2
         version: 4.1.2
@@ -1361,8 +1361,8 @@ importers:
         specifier: ^1.10.0
         version: 1.14.4(debug@4.3.5)
       '@openzeppelin/hardhat-upgrades':
-        specifier: ^3.2.1
-        version: 3.4.0(@nomicfoundation/hardhat-ethers@3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(@nomicfoundation/hardhat-verify@2.0.8(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))
+        specifier: ^3.8.0
+        version: 3.8.0(@nomicfoundation/hardhat-ethers@3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(@nomicfoundation/hardhat-verify@2.0.8(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))
       '@openzeppelin/upgrades-core':
         specifier: ^1.37.0
         version: 1.38.0
@@ -1774,6 +1774,9 @@ packages:
   '@bcoe/v8-coverage@0.2.3':
     resolution: {integrity: sha512-0hYQ8SB4Db5zvZB4axdMHGwEaQjkZzFjQiN9LVYvIFB2nSUHW9tYpxWriPrWDASIxiaXax83REcLxuSdnGPZtw==}
 
+  '@bytecodealliance/preview2-shim@0.17.0':
+    resolution: {integrity: sha512-JorcEwe4ud0x5BS/Ar2aQWOQoFzjq/7jcnxYXCvSMh0oRm0dQXzOA+hqLDBnOMks1LLBA7dmiLLsEBl09Yd6iQ==}
+
   '@changesets/apply-release-plan@7.0.3':
     resolution: {integrity: sha512-klL6LCdmfbEe9oyfLxnidIf/stFXmrbFO/3gT5LU5pcyoZytzJe4gWpTBx3BPmyNPl16dZ1xrkcW7b98e3tYkA==}
 
@@ -2105,6 +2108,9 @@ packages:
     resolution: {integrity: sha512-1GlkGRcGpVnjFw9Z1vvDKOKo2mzparFt7qrl2pDxWp+jrVtlvej98yCMX52pVyrYE7ZeOSZFnx/DtsSgoukStQ==}
     engines: {node: '>= 10'}
 
+  '@nomicfoundation/slang@0.18.3':
+    resolution: {integrity: sha512-YqAWgckqbHM0/CZxi9Nlf4hjk9wUNLC9ngWCWBiqMxPIZmzsVKYuChdlrfeBPQyvQQBoOhbx+7C1005kLVQDZQ==}
+
   '@nomicfoundation/solidity-analyzer-darwin-arm64@0.1.1':
     resolution: {integrity: sha512-KcTodaQw8ivDZyF+D76FokN/HdpgGpfjc/gFCImdLUyqB6eSWVaZPazMbeAjmfhx3R0zm/NYVzxwAokFKgrc0w==}
     engines: {node: '>= 10'}
@@ -2210,8 +2216,8 @@ packages:
   '@openzeppelin/defender-sdk-network-client@1.14.4':
     resolution: {integrity: sha512-OS0H5b0vgYacJcwkvUFJUaRuyUaXhIRl916W5xLvGia5H6i/qn3dP8MZ7oLcPwKc8jB+ucRytO4H/AHsea0aVA==}
 
-  '@openzeppelin/hardhat-upgrades@3.4.0':
-    resolution: {integrity: sha512-bfPtUCmRT6kfh/Mz56tAAGS8N22Zr3rdCMG3E3g8CW61QRGsaeFHnZRetBgu1JoKocjCavEtis5/x60m+o5XUQ==}
+  '@openzeppelin/hardhat-upgrades@3.8.0':
+    resolution: {integrity: sha512-NwRk14ykTVilQqB0Vzd0vOWvUE8gpyn+SSwdzyHECRc5fuSSPDt/cIdadG9Hd6AKMPXfY+CS6G7q0+nDLng2Zw==}
     hasBin: true
     peerDependencies:
       '@nomicfoundation/hardhat-ethers': ^3.0.0
@@ -2226,6 +2232,10 @@ packages:
     resolution: {integrity: sha512-0kbc6Wd6S8/Kmhg7oqRIn+GBpAL+EccYQh+SjgVBEktpkzTDN56KHuuxYHXnpXclWaO6l7u/TRMe6LsHCHqJHw==}
     hasBin: true
 
+  '@openzeppelin/upgrades-core@1.41.0':
+    resolution: {integrity: sha512-+oryinqZnxkiZvg7bWqWX4Ki/CNwVUZEqC6Elpi5PQoahpL3/6Sq9xjIozD5AiI2O61h8JHQ+A//5NtczyavJw==}
+    hasBin: true
+
   '@pkgjs/parseargs@0.11.0':
     resolution: {integrity: sha512-+1VkjdD0QBLPodGrJUeqarH8VAIvQODIbwh9XpP5Syisf7YoQgsJKPNFoqqLQlu+VQ/tVSshMR6loPMn8U+dPg==}
     engines: {node: '>=14'}
@@ -5245,6 +5255,8 @@ snapshots:
 
   '@bcoe/v8-coverage@0.2.3': {}
 
+  '@bytecodealliance/preview2-shim@0.17.0': {}
+
   '@changesets/apply-release-plan@7.0.3':
     dependencies:
       '@babel/runtime': 7.24.6
@@ -5762,6 +5774,10 @@ snapshots:
       '@nomicfoundation/slang-win32-ia32-msvc': 0.17.0
       '@nomicfoundation/slang-win32-x64-msvc': 0.17.0
 
+  '@nomicfoundation/slang@0.18.3':
+    dependencies:
+      '@bytecodealliance/preview2-shim': 0.17.0
+
   '@nomicfoundation/solidity-analyzer-darwin-arm64@0.1.1':
     optional: true
 
@@ -5880,13 +5896,13 @@ snapshots:
       - debug
       - encoding
 
-  '@openzeppelin/hardhat-upgrades@3.4.0(@nomicfoundation/hardhat-ethers@3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(@nomicfoundation/hardhat-verify@2.0.8(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))':
+  '@openzeppelin/hardhat-upgrades@3.8.0(@nomicfoundation/hardhat-ethers@3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(@nomicfoundation/hardhat-verify@2.0.8(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10)))(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))':
     dependencies:
       '@nomicfoundation/hardhat-ethers': 3.0.6(ethers@6.12.2(bufferutil@4.0.8)(utf-8-validate@5.0.10))(hardhat@2.22.5(bufferutil@4.0.8)(ts-node@10.9.2(@types/node@18.19.33)(typescript@5.4.5))(typescript@5.4.5)(utf-8-validate@5.0.10))
       '@openzeppelin/defender-sdk-base-client': 1.14.4
       '@openzeppelin/defender-sdk-deploy-client': 1.14.4(debug@4.3.5)
       '@openzeppelin/defender-sdk-network-client': 1.14.4(debug@4.3.5)
-      '@openzeppelin/upgrades-core': 1.38.0
+      '@openzeppelin/upgrades-core': 1.41.0
       chalk: 4.1.2
       debug: 4.3.5
       ethereumjs-util: 7.1.5
@@ -5915,6 +5931,21 @@ snapshots:
     transitivePeerDependencies:
       - supports-color
 
+  '@openzeppelin/upgrades-core@1.41.0':
+    dependencies:
+      '@nomicfoundation/slang': 0.18.3
+      cbor: 9.0.2
+      chalk: 4.1.2
+      compare-versions: 6.1.0
+      debug: 4.3.5
+      ethereumjs-util: 7.1.5
+      minimatch: 9.0.5
+      minimist: 1.2.8
+      proper-lockfile: 4.1.2
+      solidity-ast: 0.4.56
+    transitivePeerDependencies:
+      - supports-color
+
   '@pkgjs/parseargs@0.11.0':
     optional: true