diff --git a/CHANGELOG.md b/CHANGELOG.md
index 81c5750472..cdb3a54761 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,13 +2,17 @@
 
 ## master
 
+Upgrade priority: Low.
+
 Changes:
 
+- Optimize `Vec` construction (no re-create on new arrays)
 - Adjust output for enums in `toHuman`
-- Ensure Statemint (current) defaults to xcm v0
-- Adjust aliasses for new parachain module locations
+- Adjust aliases for new parachain module locations
 - Support for versioned xcm types (Polkadot master)
 - Add support for `Range` in `PortableRegistry` (used in Metadata 14)
+- Adjust balances derive for non-existent instances
+- Ensure Statemint (current) defaults to xcm v0
 - Add Kusama 9090 upgrade block
 
 
diff --git a/package.json b/package.json
index 77e953fa6c..012acab122 100644
--- a/package.json
+++ b/package.json
@@ -29,10 +29,10 @@
     "@babel/core": "^7.15.0",
     "@babel/register": "^7.15.3",
     "@babel/runtime": "^7.15.3",
-    "@polkadot/dev": "^0.62.61",
-    "@polkadot/ts": "^0.4.5",
+    "@polkadot/dev": "^0.62.62",
+    "@polkadot/ts": "^0.4.6",
     "@polkadot/typegen": "workspace:packages/typegen",
-    "@types/jest": "^26.0.24",
+    "@types/jest": "^27.0.1",
     "copyfiles": "^2.4.1"
   },
   "version": "5.6.2-9",
diff --git a/packages/api-contract/package.json b/packages/api-contract/package.json
index 997ca7502c..f7e007aa70 100644
--- a/packages/api-contract/package.json
+++ b/packages/api-contract/package.json
@@ -22,7 +22,7 @@
     "@babel/runtime": "^7.15.3",
     "@polkadot/api": "5.6.2-9",
     "@polkadot/types": "5.6.2-9",
-    "@polkadot/util": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
     "rxjs": "^7.3.0"
   }
 }
diff --git a/packages/api-derive/package.json b/packages/api-derive/package.json
index 079536535f..5327df9f7c 100644
--- a/packages/api-derive/package.json
+++ b/packages/api-derive/package.json
@@ -23,12 +23,12 @@
     "@polkadot/api": "5.6.2-9",
     "@polkadot/rpc-core": "5.6.2-9",
     "@polkadot/types": "5.6.2-9",
-    "@polkadot/util": "^7.2.1",
-    "@polkadot/util-crypto": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
+    "@polkadot/util-crypto": "^7.3.1",
     "rxjs": "^7.3.0"
   },
   "devDependencies": {
-    "@polkadot/keyring": "^7.2.1",
+    "@polkadot/keyring": "^7.3.1",
     "@polkadot/rpc-provider": "5.6.2-9"
   }
 }
diff --git a/packages/api/package.json b/packages/api/package.json
index 9cd026243f..f4829f132b 100644
--- a/packages/api/package.json
+++ b/packages/api/package.json
@@ -21,13 +21,13 @@
   "dependencies": {
     "@babel/runtime": "^7.15.3",
     "@polkadot/api-derive": "5.6.2-9",
-    "@polkadot/keyring": "^7.2.1",
+    "@polkadot/keyring": "^7.3.1",
     "@polkadot/rpc-core": "5.6.2-9",
     "@polkadot/rpc-provider": "5.6.2-9",
     "@polkadot/types": "5.6.2-9",
     "@polkadot/types-known": "5.6.2-9",
-    "@polkadot/util": "^7.2.1",
-    "@polkadot/util-crypto": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
+    "@polkadot/util-crypto": "^7.3.1",
     "eventemitter3": "^4.0.7",
     "rxjs": "^7.3.0"
   }
diff --git a/packages/rpc-core/package.json b/packages/rpc-core/package.json
index 1f5b22bbb0..ec3e6b4531 100644
--- a/packages/rpc-core/package.json
+++ b/packages/rpc-core/package.json
@@ -22,10 +22,10 @@
     "@babel/runtime": "^7.15.3",
     "@polkadot/rpc-provider": "5.6.2-9",
     "@polkadot/types": "5.6.2-9",
-    "@polkadot/util": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
     "rxjs": "^7.3.0"
   },
   "devDependencies": {
-    "@polkadot/keyring": "^7.2.1"
+    "@polkadot/keyring": "^7.3.1"
   }
 }
diff --git a/packages/rpc-provider/package.json b/packages/rpc-provider/package.json
index d2613a7c84..61ad69c35c 100644
--- a/packages/rpc-provider/package.json
+++ b/packages/rpc-provider/package.json
@@ -21,17 +21,17 @@
   "dependencies": {
     "@babel/runtime": "^7.15.3",
     "@polkadot/types": "5.6.2-9",
-    "@polkadot/util": "^7.2.1",
-    "@polkadot/util-crypto": "^7.2.1",
-    "@polkadot/x-fetch": "^7.2.1",
-    "@polkadot/x-global": "^7.2.1",
-    "@polkadot/x-ws": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
+    "@polkadot/util-crypto": "^7.3.1",
+    "@polkadot/x-fetch": "^7.3.1",
+    "@polkadot/x-global": "^7.3.1",
+    "@polkadot/x-ws": "^7.3.1",
     "eventemitter3": "^4.0.7"
   },
   "devDependencies": {
-    "@polkadot/keyring": "^7.2.1",
+    "@polkadot/keyring": "^7.3.1",
     "@polkadot/types": "5.6.2-9",
     "mock-socket": "^9.0.3",
-    "nock": "^13.1.2"
+    "nock": "^13.1.3"
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 }
diff --git a/packages/typegen/package.json b/packages/typegen/package.json
index 4e6e36f1aa..457ff265c0 100644
--- a/packages/typegen/package.json
+++ b/packages/typegen/package.json
@@ -33,7 +33,7 @@
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     "@polkadot/types": "5.6.2-9",
     "@polkadot/types-support": "5.6.2-9",
-    "@polkadot/util": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
     "handlebars": "^4.7.7",
     "websocket": "^1.0.34",
     "yargs": "^17.1.1"
diff --git a/packages/types-known/package.json b/packages/types-known/package.json
index c59cb25055..f6266cd657 100644
--- a/packages/types-known/package.json
+++ b/packages/types-known/package.json
@@ -20,8 +20,8 @@
   "homepage": "https://github.com/polkadot-js/api/tree/master/packages/types-known#readme",
   "dependencies": {
     "@babel/runtime": "^7.15.3",
-    "@polkadot/networks": "^7.2.1",
+    "@polkadot/networks": "^7.3.1",
     "@polkadot/types": "5.6.2-9",
-    "@polkadot/util": "^7.2.1"
+    "@polkadot/util": "^7.3.1"
   }
 }
diff --git a/packages/types-support/package.json b/packages/types-support/package.json
index 152a9903d7..7d132d07ad 100644
--- a/packages/types-support/package.json
+++ b/packages/types-support/package.json
@@ -20,6 +20,6 @@
   "homepage": "https://github.com/polkadot-js/api/tree/master/packages/types-support#readme",
   "dependencies": {
     "@babel/runtime": "^7.15.3",
-    "@polkadot/util": "^7.2.1"
+    "@polkadot/util": "^7.3.1"
   }
 }
diff --git a/packages/types/package.json b/packages/types/package.json
index 9cd8ebb26a..bf18990fc3 100644
--- a/packages/types/package.json
+++ b/packages/types/package.json
@@ -20,12 +20,12 @@
   "homepage": "https://github.com/polkadot-js/api/tree/master/packages/types#readme",
   "dependencies": {
     "@babel/runtime": "^7.15.3",
-    "@polkadot/util": "^7.2.1",
-    "@polkadot/util-crypto": "^7.2.1",
+    "@polkadot/util": "^7.3.1",
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     "rxjs": "^7.3.0"
   },
   "devDependencies": {
-    "@polkadot/keyring": "^7.2.1",
+    "@polkadot/keyring": "^7.3.1",
     "@polkadot/types-support": "5.6.2-9",
     "@types/bn.js": "^4.11.6",
     "bn.js": "^4.12.0"
diff --git a/yarn.lock b/yarn.lock
index 98110c1e0b..8933fb744d 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -1360,7 +1360,7 @@ __metadata:
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-"@babel/runtime@npm:^7.14.6, @babel/runtime@npm:^7.15.3, @babel/runtime@npm:^7.8.4":
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   resolution: "@babel/runtime@npm:7.15.3"
   dependencies:
@@ -1657,29 +1657,16 @@ __metadata:
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-  version: 26.6.2
-  resolution: "@jest/types@npm:26.6.2"
-  dependencies:
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-  languageName: node
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-
-"@jest/types@npm:^27.0.6":
-  version: 27.0.6
-  resolution: "@jest/types@npm:27.0.6"
+"@jest/types@npm:^27.0.6, @jest/types@npm:^27.1.0":
+  version: 27.1.0
+  resolution: "@jest/types@npm:27.1.0"
   dependencies:
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     "@types/istanbul-reports": ^3.0.0
     "@types/node": "*"
     "@types/yargs": ^16.0.0
     chalk: ^4.0.0
-  checksum: abe367b073d5b7396d7397620f57a24409551bb940761d78e6775f10aee68fb96eb80d7177824090ac811c7e7ba5d9cfce4cbdded86f3adef2abc291da28de77
+  checksum: 11899aba8103e00332baab35eb7ed435e4e06b270d02ca75fc6ccf08e41f36abae7b25d623377da47596c3e817c102e79e99caf717e6ec8eb78a85fdaa439ee8
   languageName: node
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@@ -1869,7 +1856,7 @@ __metadata:
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     "@polkadot/api": 5.6.2-9
     "@polkadot/types": 5.6.2-9
-    "@polkadot/util": ^7.2.1
+    "@polkadot/util": ^7.3.1
     rxjs: ^7.3.0
   languageName: unknown
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@@ -1880,12 +1867,12 @@ __metadata:
   dependencies:
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     "@polkadot/api": 5.6.2-9
-    "@polkadot/keyring": ^7.2.1
+    "@polkadot/keyring": ^7.3.1
     "@polkadot/rpc-core": 5.6.2-9
     "@polkadot/rpc-provider": 5.6.2-9
     "@polkadot/types": 5.6.2-9
-    "@polkadot/util": ^7.2.1
-    "@polkadot/util-crypto": ^7.2.1
+    "@polkadot/util": ^7.3.1
+    "@polkadot/util-crypto": ^7.3.1
     rxjs: ^7.3.0
   languageName: unknown
   linkType: soft
@@ -1896,21 +1883,21 @@ __metadata:
   dependencies:
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     "@polkadot/api-derive": 5.6.2-9
-    "@polkadot/keyring": ^7.2.1
+    "@polkadot/keyring": ^7.3.1
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     "@polkadot/rpc-provider": 5.6.2-9
     "@polkadot/types": 5.6.2-9
     "@polkadot/types-known": 5.6.2-9
-    "@polkadot/util": ^7.2.1
-    "@polkadot/util-crypto": ^7.2.1
+    "@polkadot/util": ^7.3.1
+    "@polkadot/util-crypto": ^7.3.1
     eventemitter3: ^4.0.7
     rxjs: ^7.3.0
   languageName: unknown
   linkType: soft
 
-"@polkadot/dev@npm:^0.62.61":
-  version: 0.62.61
-  resolution: "@polkadot/dev@npm:0.62.61"
+"@polkadot/dev@npm:^0.62.62":
+  version: 0.62.62
+  resolution: "@polkadot/dev@npm:0.62.62"
   dependencies:
     "@babel/cli": ^7.14.8
     "@babel/core": ^7.15.0
@@ -1937,8 +1924,8 @@ __metadata:
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     "@rollup/plugin-node-resolve": ^13.0.4
     "@rushstack/eslint-patch": ^1.0.6
-    "@typescript-eslint/eslint-plugin": 4.29.2
-    "@typescript-eslint/parser": 4.29.2
+    "@typescript-eslint/eslint-plugin": 4.29.3
+    "@typescript-eslint/parser": 4.29.3
     "@vue/component-compiler-utils": ^3.2.2
     babel-jest: ^27.0.6
     babel-plugin-module-extension-resolver: ^1.0.0-rc.2
@@ -1951,7 +1938,7 @@ __metadata:
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     eslint-import-resolver-node: ^0.3.6
     eslint-plugin-header: ^3.1.1
-    eslint-plugin-import: ^2.24.1
+    eslint-plugin-import: ^2.24.2
     eslint-plugin-import-newlines: ^1.1.4
     eslint-plugin-node: ^11.1.0
     eslint-plugin-promise: ^5.1.0
@@ -1974,7 +1961,7 @@ __metadata:
     mkdirp: ^1.0.4
     prettier: ^2.3.2
     rimraf: ^3.0.2
-    rollup: ^2.56.2
+    rollup: ^2.56.3
     typescript: ^4.3.5
     yargs: ^17.1.1
   bin:
@@ -1998,30 +1985,30 @@ __metadata:
     polkadot-exec-rollup: scripts/polkadot-exec-rollup.cjs
     polkadot-exec-tsc: scripts/polkadot-exec-tsc.cjs
     polkadot-exec-webpack: scripts/polkadot-exec-webpack.cjs
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+  checksum: 21c30042453bf3fbe6f6a7b633bade88737eb213a21341b563345ff47905fc5ba70b12dcaa6b53eb726d4924cfcd6acade79436e1b2f495ecc45591c635728af
   languageName: node
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-"@polkadot/keyring@npm:^7.2.1":
-  version: 7.2.1
-  resolution: "@polkadot/keyring@npm:7.2.1"
+"@polkadot/keyring@npm:^7.3.1":
+  version: 7.3.1
+  resolution: "@polkadot/keyring@npm:7.3.1"
   dependencies:
     "@babel/runtime": ^7.15.3
-    "@polkadot/util": 7.2.1
-    "@polkadot/util-crypto": 7.2.1
+    "@polkadot/util": 7.3.1
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   peerDependencies:
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+    "@polkadot/util": 7.3.1
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-"@polkadot/networks@npm:7.2.1, @polkadot/networks@npm:^7.2.1":
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-  resolution: "@polkadot/networks@npm:7.2.1"
+"@polkadot/networks@npm:7.3.1, @polkadot/networks@npm:^7.3.1":
+  version: 7.3.1
+  resolution: "@polkadot/networks@npm:7.3.1"
   dependencies:
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+  checksum: d51d9870ce0b2fbe5a0c8ec4076d5b9efd66bf8a3332df0b52a3d578fb8da66ec115977cb8babeb0d1dbfdddfe6caedc7f71b735a14adb9ffe908759dd965003
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@@ -2030,10 +2017,10 @@ __metadata:
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   dependencies:
     "@babel/runtime": ^7.15.3
-    "@polkadot/keyring": ^7.2.1
+    "@polkadot/keyring": ^7.3.1
     "@polkadot/rpc-provider": 5.6.2-9
     "@polkadot/types": 5.6.2-9
-    "@polkadot/util": ^7.2.1
+    "@polkadot/util": ^7.3.1
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   languageName: unknown
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@@ -2043,25 +2030,25 @@ __metadata:
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   dependencies:
     "@babel/runtime": ^7.15.3
-    "@polkadot/keyring": ^7.2.1
+    "@polkadot/keyring": ^7.3.1
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-    "@polkadot/util": ^7.2.1
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-    "@polkadot/x-fetch": ^7.2.1
-    "@polkadot/x-global": ^7.2.1
-    "@polkadot/x-ws": ^7.2.1
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+    "@polkadot/util-crypto": ^7.3.1
+    "@polkadot/x-fetch": ^7.3.1
+    "@polkadot/x-global": ^7.3.1
+    "@polkadot/x-ws": ^7.3.1
     eventemitter3: ^4.0.7
     mock-socket: ^9.0.3
-    nock: ^13.1.2
+    nock: ^13.1.3
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   linkType: soft
 
-"@polkadot/ts@npm:^0.4.5":
-  version: 0.4.5
-  resolution: "@polkadot/ts@npm:0.4.5"
+"@polkadot/ts@npm:^0.4.6":
+  version: 0.4.6
+  resolution: "@polkadot/ts@npm:0.4.6"
   dependencies:
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-  checksum: 0c802dd758bf7449bdafa23e64de7546d00e792ee1e520dcc9632c54f3f4fa5ee784a16594e0e6be457e647dac774f0baeb77d4d6818b80d38d8ec94d5a49d81
+  checksum: faa262e0d0edd93d0c4c72910353ae65b1a06b18a28e43ed4e84868ba922a209910c4bc9eb90d6a0c9ccde01be3f7de6ec65c92ec37b929b94293bea69f71ce0
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@@ -2076,7 +2063,7 @@ __metadata:
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     "@polkadot/types-support": 5.6.2-9
-    "@polkadot/util": ^7.2.1
+    "@polkadot/util": ^7.3.1
     "@types/websocket": ^1.0.4
     "@types/yargs": ^17.0.2
     handlebars: ^4.7.7
@@ -2096,9 +2083,9 @@ __metadata:
   resolution: "@polkadot/types-known@workspace:packages/types-known"
   dependencies:
     "@babel/runtime": ^7.15.3
-    "@polkadot/networks": ^7.2.1
+    "@polkadot/networks": ^7.3.1
     "@polkadot/types": 5.6.2-9
-    "@polkadot/util": ^7.2.1
+    "@polkadot/util": ^7.3.1
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   linkType: soft
 
@@ -2107,7 +2094,7 @@ __metadata:
   resolution: "@polkadot/types-support@workspace:packages/types-support"
   dependencies:
     "@babel/runtime": ^7.15.3
-    "@polkadot/util": ^7.2.1
+    "@polkadot/util": ^7.3.1
   languageName: unknown
   linkType: soft
 
@@ -2116,29 +2103,29 @@ __metadata:
   resolution: "@polkadot/types@workspace:packages/types"
   dependencies:
     "@babel/runtime": ^7.15.3
-    "@polkadot/keyring": ^7.2.1
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     "@polkadot/types-support": 5.6.2-9
-    "@polkadot/util": ^7.2.1
-    "@polkadot/util-crypto": ^7.2.1
+    "@polkadot/util": ^7.3.1
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     bn.js: ^4.12.0
     rxjs: ^7.3.0
   languageName: unknown
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-"@polkadot/util-crypto@npm:7.2.1, @polkadot/util-crypto@npm:^7.2.1":
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-  resolution: "@polkadot/util-crypto@npm:7.2.1"
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     resolve: ^1.20.0
-    tsconfig-paths: ^3.10.1
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-"json5@npm:^2.1.2, json5@npm:^2.2.0":
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+  resolution: "json5@npm:1.0.1"
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-"rollup@npm:^2.56.2":
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-  resolution: "rollup@npm:2.56.2"
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+  resolution: "rollup@npm:2.56.3"
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   dependenciesMeta:
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     "@babel/runtime": ^7.15.3
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-  resolution: "tsconfig-paths@npm:3.10.1"
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