diff --git a/package-lock.json b/package-lock.json
index afd3a36fbd518..be2d8f69eb86c 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -117,7 +117,7 @@
         "react-native-localize": "^3.5.4",
         "react-native-nitro-modules": "0.29.4",
         "react-native-nitro-sqlite": "9.2.0",
-        "react-native-onyx": "3.0.53",
+        "react-native-onyx": "3.0.54",
         "react-native-pager-view": "8.0.0",
         "react-native-pdf": "7.0.2",
         "react-native-permissions": "^5.4.0",
@@ -34861,9 +34861,9 @@
       }
     },
     "node_modules/react-native-onyx": {
-      "version": "3.0.53",
-      "resolved": "https://registry.npmjs.org/react-native-onyx/-/react-native-onyx-3.0.53.tgz",
-      "integrity": "sha512-Q4GaWJ3a4vF+D2ZzWG16wDTSPL5VKFy+BLbHyJjGA3pabf9l5ErdLkAXOXqvsb0oBQsoJ9TOGtx901hRGq8KQg==",
+      "version": "3.0.54",
+      "resolved": "https://registry.npmjs.org/react-native-onyx/-/react-native-onyx-3.0.54.tgz",
+      "integrity": "sha512-202+t6reV9iQZnr5UOGHaJLCyO5X7Or0V2GHfvb5z10ZM1wnnZ0IKPkfUi+7WPZy4pFhEvDKymuaCIOu6++/rA==",
       "license": "MIT",
       "dependencies": {
         "ascii-table": "0.0.9",
diff --git a/package.json b/package.json
index 2d142549d4de9..c74980ca10320 100644
--- a/package.json
+++ b/package.json
@@ -181,7 +181,7 @@
     "react-native-localize": "^3.5.4",
     "react-native-nitro-modules": "0.29.4",
     "react-native-nitro-sqlite": "9.2.0",
-    "react-native-onyx": "3.0.53",
+    "react-native-onyx": "3.0.54",
     "react-native-pager-view": "8.0.0",
     "react-native-pdf": "7.0.2",
     "react-native-permissions": "^5.4.0",
diff --git a/src/libs/actions/OnyxDerived/index.ts b/src/libs/actions/OnyxDerived/index.ts
index 31791077f1abb..ac245f116b1bf 100644
--- a/src/libs/actions/OnyxDerived/index.ts
+++ b/src/libs/actions/OnyxDerived/index.ts
@@ -6,6 +6,7 @@
  * The primary purpose is to optimize performance by reducing redundant computations. More info can be found in the README.
  */
 import Onyx from 'react-native-onyx';
+import OnyxKeys from 'react-native-onyx/dist/OnyxKeys';
 import OnyxUtils from 'react-native-onyx/dist/OnyxUtils';
 import Log from '@libs/Log';
 import {endSpan, getSpan, startSpan} from '@libs/telemetry/activeSpans';
@@ -101,7 +102,7 @@ function init() {
                 const dependencyIndex = i;
                 const dependencyOnyxKey = dependencies[dependencyIndex];
 
-                if (OnyxUtils.isCollectionKey(dependencyOnyxKey)) {
+                if (OnyxKeys.isCollectionKey(dependencyOnyxKey)) {
                     Onyx.connectWithoutView({
                         key: dependencyOnyxKey,
                         waitForCollectionCallback: true,