diff --git a/srcpkgs/python3-setuptools/template b/srcpkgs/python3-setuptools/template
index 135a3d51a99..e92f73a5b9f 100644
--- a/srcpkgs/python3-setuptools/template
+++ b/srcpkgs/python3-setuptools/template
@@ -1,6 +1,6 @@
 # Template file for 'python3-setuptools'
 pkgname=python3-setuptools
-version=62.3.3
+version=63.1.0
 revision=1
 wrksrc="setuptools-${version}"
 build_style=python3-module
@@ -12,7 +12,7 @@ license="MIT"
 homepage="https://github.com/pypa/setuptools"
 changelog="https://raw.githubusercontent.com/pypa/setuptools/master/CHANGES.rst"
 distfiles="${PYPI_SITE}/s/setuptools/setuptools-${version}.tar.gz"
-checksum=e7d11f3db616cda0751372244c2ba798e8e56a28e096ec4529010b803485f3fe
+checksum=16923d366ced322712c71ccb97164d07472abeecd13f3a6c283f6d5d26722793
 provides="python3-distribute-${version}_1"
 replaces="python3-distribute>=0"
 # Tests rely on jaraco.path, which relies on singledispatch, both unpackaged;