diff --git a/Cargo.lock b/Cargo.lock
index 3bc2bf31d666..48800725d2c1 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -57,28 +57,28 @@ checksum = "baf1de4339761588bc0619e3cbc0120ee582ebb74b53b4efbf79117bd2da40fd"
 
 [[package]]
 name = "cranelift-bforest"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "fc952b310b24444fc14ab8b9cbe3fafd7e7329e3eec84c3a9b11d2b5cf6f3be1"
+checksum = "2f3d54eab028f5805ae3b26fd60eca3f3a9cfb76b989d9bab173be3f61356cc3"
 dependencies = [
  "cranelift-entity",
 ]
 
 [[package]]
 name = "cranelift-codegen"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e73470419b33011e50dbf0f6439cbccbaabe9381de172da4e1b6efcda4bb8fa7"
+checksum = "2be1d5f2c3cca1efb691844bc1988b89c77291f13f778499a3f3c0cf49c0ed61"
 dependencies = [
  "arrayvec",
  "bumpalo",
  "cranelift-bforest",
  "cranelift-codegen-meta",
  "cranelift-codegen-shared",
- "cranelift-egraph",
  "cranelift-entity",
  "cranelift-isle",
  "gimli",
+ "hashbrown",
  "log",
  "regalloc2",
  "smallvec",
@@ -87,44 +87,30 @@ dependencies = [
 
 [[package]]
 name = "cranelift-codegen-meta"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "911a1872464108a11ac9965c2b079e61bbdf1bc2e0b9001264264add2e12a38f"
+checksum = "3f9b1b1089750ce4005893af7ee00bb08a2cf1c9779999c0f7164cbc8ad2e0d2"
 dependencies = [
  "cranelift-codegen-shared",
 ]
 
 [[package]]
 name = "cranelift-codegen-shared"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "e036f3f07adb24a86fb46e977e8fe03b18bb16b1eada949cf2c48283e5f8a862"
-
-[[package]]
-name = "cranelift-egraph"
-version = "0.91.0"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2d6c623f4b5d2a6bad32c403f03765d4484a827eb93ee78f8cb6219ef118fd59"
-dependencies = [
- "cranelift-entity",
- "fxhash",
- "hashbrown",
- "indexmap",
- "log",
- "smallvec",
-]
+checksum = "cc5fbaec51de47297fd7304986fd53c8c0030abbe69728a60d72e1c63559318d"
 
 [[package]]
 name = "cranelift-entity"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "74385eb5e405b3562f0caa7bcc4ab9a93c7958dd5bcd0e910bffb7765eacd6fc"
+checksum = "dab984c94593f876090fae92e984bdcc74d9b1acf740ab5f79036001c65cba13"
 
 [[package]]
 name = "cranelift-frontend"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8a4ac920422ee36bff2c66257fec861765e3d95a125cdf58d8c0f3bba7e40e61"
+checksum = "6e0cb3102d21a2fe5f3210af608748ddd0cd09825ac12d42dc56ed5ed8725fe0"
 dependencies = [
  "cranelift-codegen",
  "log",
@@ -134,15 +120,15 @@ dependencies = [
 
 [[package]]
 name = "cranelift-isle"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c541263fb37ad2baa53ec8c37218ee5d02fa0984670d9419dedd8002ea68ff08"
+checksum = "72101dd1f441d629735143c41e00b3428f9267738176983ef588ff43382af0a0"
 
 [[package]]
 name = "cranelift-jit"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "48a844e3500d313b69f3eec4b4e15bf9cdbd529756add06a468e0e281c0f6bee"
+checksum = "6557f8ce44d498777f2495aa58d9692a4a37d6f84aa445750d666cef770b6a5c"
 dependencies = [
  "anyhow",
  "cranelift-codegen",
@@ -159,9 +145,9 @@ dependencies = [
 
 [[package]]
 name = "cranelift-module"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "0699ea5fc6ca943456ba80ad49f80212bd6e2b846b992ec59f0f2b912a1d25fa"
+checksum = "88807e1c0c47ec02fe433333ccbe56b480425418b1470e333205e11650697d72"
 dependencies = [
  "anyhow",
  "cranelift-codegen",
@@ -169,9 +155,9 @@ dependencies = [
 
 [[package]]
 name = "cranelift-native"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "1de5d7a063e8563d670aaca38de16591a9b70dc66cbad4d49a7b4ae8395fd1ce"
+checksum = "c22b0d9fcbe3fc5a1af9e7021b44ce42b930bcefac446ce22e02e8f9a0d67120"
 dependencies = [
  "cranelift-codegen",
  "libc",
@@ -180,9 +166,9 @@ dependencies = [
 
 [[package]]
 name = "cranelift-object"
-version = "0.91.0"
+version = "0.92.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "307735148f6a556388aabf1ea31f46ccd378ed0739f3e9bdda2029639d701ab7"
+checksum = "341375758d7c3fedc0b5315f552e6f0feac46baf87c450a15e9455ef47c2b261"
 dependencies = [
  "anyhow",
  "cranelift-codegen",
@@ -396,9 +382,9 @@ checksum = "9c8d87e72b64a3b4db28d11ce29237c246188f4f51057d65a7eab63b7987e423"
 
 [[package]]
 name = "wasmtime-jit-icache-coherence"
-version = "3.0.0"
+version = "5.0.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "22d9c2e92b0fc124d2cad6cb497a4c840580a7dd2414a37109e8c7cfe699c0ea"
+checksum = "08fcba5ebd96da2a9f0747ab6337fe9788adfb3f63fa2c180520d665562d257e"
 dependencies = [
  "cfg-if",
  "libc",
diff --git a/Cargo.toml b/Cargo.toml
index f03cc34a8108..eadb4438bc99 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -15,12 +15,12 @@ crate-type = ["dylib"]
 
 [dependencies]
 # These have to be in sync with each other
-cranelift-codegen = { version = "0.91", features = ["unwind", "all-arch"] }
-cranelift-frontend = "0.91"
-cranelift-module = "0.91"
-cranelift-native = "0.91"
-cranelift-jit = { version = "0.91", optional = true }
-cranelift-object = "0.91"
+cranelift-codegen = { version = "0.92", features = ["unwind", "all-arch"] }
+cranelift-frontend = { version = "0.92" }
+cranelift-module = { version = "0.92" }
+cranelift-native = { version = "0.92" }
+cranelift-jit = { version = "0.92", optional = true }
+cranelift-object = { version = "0.92" }
 target-lexicon = "0.12.0"
 gimli = { version = "0.26.0", default-features = false, features = ["write"]}
 object = { version = "0.29.0", default-features = false, features = ["std", "read_core", "write", "archive", "coff", "elf", "macho", "pe"] }
diff --git a/src/optimize/peephole.rs b/src/optimize/peephole.rs
index 7f45bbd8f281..26327dca299b 100644
--- a/src/optimize/peephole.rs
+++ b/src/optimize/peephole.rs
@@ -7,7 +7,7 @@ use cranelift_frontend::FunctionBuilder;
 /// otherwise return the given value and false.
 pub(crate) fn maybe_unwrap_bool_not(bcx: &mut FunctionBuilder<'_>, arg: Value) -> (Value, bool) {
     if let ValueDef::Result(arg_inst, 0) = bcx.func.dfg.value_def(arg) {
-        match bcx.func.dfg[arg_inst] {
+        match bcx.func.dfg.insts[arg_inst] {
             // This is the lowering of `Rvalue::Not`
             InstructionData::IntCompareImm {
                 opcode: Opcode::IcmpImm,
@@ -34,7 +34,7 @@ pub(crate) fn maybe_known_branch_taken(
         return None;
     };
 
-    match bcx.func.dfg[arg_inst] {
+    match bcx.func.dfg.insts[arg_inst] {
         InstructionData::UnaryImm { opcode: Opcode::Iconst, imm } => {
             if test_zero {
                 Some(imm.bits() == 0)