diff --git a/pkgs/development/python-modules/param/default.nix b/pkgs/development/python-modules/param/default.nix
index 9f6d78a8ecbe..8e090561ed06 100644
--- a/pkgs/development/python-modules/param/default.nix
+++ b/pkgs/development/python-modules/param/default.nix
@@ -7,11 +7,11 @@
 
 buildPythonPackage rec {
   pname = "param";
-  version = "1.10.0";
+  version = "1.10.1";
 
   src = fetchPypi {
     inherit pname version;
-    sha256 = "a284c1b42aff6367e8eea2f649d4f3f70a9f16c6f17d8ad672a31ff36089f995";
+    sha256 = "1f0f1133fbadcd2c5138e579b9934e29fd00f803af01d9bf6f9e6b80ecf1999b";
   };
 
   checkInputs = [ flake8 nose ];