diff --git a/pkgs/development/python-modules/django-oauth-toolkit/default.nix b/pkgs/development/python-modules/django-oauth-toolkit/default.nix
index 01b81de8aa24..fdde98dd5ee5 100644
--- a/pkgs/development/python-modules/django-oauth-toolkit/default.nix
+++ b/pkgs/development/python-modules/django-oauth-toolkit/default.nix
@@ -20,14 +20,14 @@
 
 buildPythonPackage rec {
   pname = "django-oauth-toolkit";
-  version = "2.3.0";
+  version = "2.4.0";
   format = "setuptools";
 
   src = fetchFromGitHub {
     owner = "jazzband";
     repo = pname;
     rev = "refs/tags/${version}";
-    hash = "sha256-oGg5MD9p4PSUVkt5pGLwjAF4SHHf4Aqr+/3FsuFaybY=";
+    hash = "sha256-nfLjjVp+6OsjFdJHUZ2gzZic/E/sCklj+YeFyb/EZdw=";
   };
 
   postPatch = ''