diff --git a/Cargo.lock b/Cargo.lock
index e91f6f37..5fb5b5f5 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -839,9 +839,9 @@ dependencies = [
 
 [[package]]
 name = "once_cell"
-version = "1.9.0"
+version = "1.17.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "da32515d9f6e6e489d7bc9d84c71b060db7247dc035bbe44eac88cf87486d8d5"
+checksum = "b7e5500299e16ebb147ae15a00a942af264cf3688f47923b8fc2cd5858f23ad3"
 
 [[package]]
 name = "parking_lot"
@@ -1188,7 +1188,7 @@ dependencies = [
  "align-data",
  "bitflags",
  "fslock",
- "lazy_static",
+ "once_cell",
  "trybuild",
  "which",
 ]
diff --git a/Cargo.toml b/Cargo.toml
index 89bfb808..ab0d0b1a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -80,7 +80,7 @@ use_custom_libcxx = []
 
 [dependencies]
 bitflags = "1.3.2"
-lazy_static = "1.4.0"
+once_cell = "1.17.1"
 
 [build-dependencies]
 fslock = "0.1.8"
diff --git a/src/V8.rs b/src/V8.rs
index 1a20970f..fe0b4c76 100644
--- a/src/V8.rs
+++ b/src/V8.rs
@@ -1,4 +1,5 @@
 // Copyright 2019-2021 the Deno authors. All rights reserved. MIT license.
+use once_cell::sync::Lazy;
 use std::ffi::CStr;
 use std::ffi::CString;
 use std::sync::Mutex;
@@ -71,9 +72,8 @@ enum GlobalState {
 }
 use GlobalState::*;
 
-lazy_static! {
-  static ref GLOBAL_STATE: Mutex<GlobalState> = Mutex::new(Uninitialized);
-}
+static GLOBAL_STATE: Lazy<Mutex<GlobalState>> =
+  Lazy::new(|| Mutex::new(Uninitialized));
 
 pub fn assert_initialized() {
   let global_state_guard = GLOBAL_STATE.lock().unwrap();
diff --git a/src/lib.rs b/src/lib.rs
index c10ba73b..1255ee1c 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -26,8 +26,6 @@
 
 #[macro_use]
 extern crate bitflags;
-#[macro_use]
-extern crate lazy_static;
 
 mod array_buffer;
 mod array_buffer_view;
diff --git a/tests/test_api.rs b/tests/test_api.rs
index d95ffd97..47731c37 100644
--- a/tests/test_api.rs
+++ b/tests/test_api.rs
@@ -1,5 +1,5 @@
 // Copyright 2019-2021 the Deno authors. All rights reserved. MIT license.
-use lazy_static::lazy_static;
+use once_cell::sync::Lazy;
 use std::any::type_name;
 use std::cell::RefCell;
 use std::collections::hash_map::DefaultHasher;
@@ -7480,9 +7480,7 @@ fn counter_lookup_callback() {
   unsafe impl Send for Name {}
   unsafe impl Send for Count {}
 
-  lazy_static! {
-    static ref MAP: Arc<Mutex<HashMap<Name, Count>>> = Arc::default();
-  }
+  static MAP: Lazy<Arc<Mutex<HashMap<Name, Count>>>> = Lazy::new(Arc::default);
 
   // |name| points to a static zero-terminated C string.
   extern "C" fn callback(name: *const c_char) -> *mut i32 {