diff --git a/devel/py-traitlets/Makefile b/devel/py-traitlets/Makefile
index 599a118326fe..51d401e23b29 100644
--- a/devel/py-traitlets/Makefile
+++ b/devel/py-traitlets/Makefile
@@ -1,26 +1,25 @@
 # Created by: Yuri Victorovich <yuri@rawbw.com>
 
 PORTNAME=	traitlets
-PORTVERSION=	5.0.5
+PORTVERSION=	5.1.0
 CATEGORIES=	devel python
 MASTER_SITES=	CHEESESHOP
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 
 MAINTAINER=	yuri@FreeBSD.org
 COMMENT=	Configuration system for Python applications
 
 LICENSE=	BSD3CLAUSE
 LICENSE_FILE=	${WRKSRC}/COPYING.md
 
-RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}decorator>=0:devel/py-decorator@${PY_FLAVOR} \
-		${PYTHON_PKGNAMEPREFIX}ipython_genutils>=0:devel/py-ipython_genutils@${PY_FLAVOR}
-TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pytest>=0:devel/py-pytest@${PY_FLAVOR}
+RUN_DEPENDS=	${PYTHON_PKGNAMEPREFIX}ipython_genutils>0:devel/py-ipython_genutils@${PY_FLAVOR}
+TEST_DEPENDS=	${PYTHON_PKGNAMEPREFIX}pytest>0:devel/py-pytest@${PY_FLAVOR}
 
 USES=		python:3.5+
 USE_PYTHON=	autoplist distutils
 NO_ARCH=	yes
 
 do-test:
 	@(cd ${TEST_WRKSRC} && py.test-${PYTHON_VER} traitlets)
 
 .include <bsd.port.mk>
diff --git a/devel/py-traitlets/distinfo b/devel/py-traitlets/distinfo
index 764d7f1d7508..56d7cc0ed4cf 100644
--- a/devel/py-traitlets/distinfo
+++ b/devel/py-traitlets/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1602897824
-SHA256 (traitlets-5.0.5.tar.gz) = 178f4ce988f69189f7e523337a3e11d91c786ded9360174a3d9ca83e79bc5396
-SIZE (traitlets-5.0.5.tar.gz) = 128856
+TIMESTAMP = 1633247705
+SHA256 (traitlets-5.1.0.tar.gz) = bd382d7ea181fbbcce157c133db9a829ce06edffe097bcf3ab945b435452b46d
+SIZE (traitlets-5.1.0.tar.gz) = 135161