diff --git a/srcpkgs/cargo/template b/srcpkgs/cargo/template
index e3c30f625ac..9f653c39fd4 100644
--- a/srcpkgs/cargo/template
+++ b/srcpkgs/cargo/template
@@ -1,6 +1,6 @@
 # Template file for 'cargo'
 pkgname=cargo
-version=1.61.0
+version=1.63.0
 revision=1
 wrksrc="cargo-rust-${version}"
 build_helper=rust
@@ -13,7 +13,7 @@ license="MIT, Apache-2.0"
 homepage="https://crates.io/"
 distfiles="https://github.com/rust-lang/cargo/archive/rust-${version}.tar.gz
  https://github.com/crossbeam-rs/crossbeam/archive/refs/tags/crossbeam-utils-0.8.8.tar.gz"
-checksum="6261b51441f50abe08a2992a349b22a2385846bfc9cb288ae9a3a609b904099e
+checksum="b1f50e4957a0453c1513cabe98c7fd94e715cd0ca70138b1945cef338e1abf35
  52c451910203cd9002cc4b85cff95f45c6ba245392801e80d7898ca5c3c3ab29"
 replaces="cargo-tree>=0"