diff --git a/package.json b/package.json
index 0639401064..5852ea996c 100644
--- a/package.json
+++ b/package.json
@@ -79,5 +79,6 @@
     "packages/validator-ajv6",
     "packages/validator-ajv8",
     "packages/snapshot-tests"
-  ]
+  ],
+  "packageManager": "yarn@1.22.22+sha512.a6b2f7906b721bba3d67d4aff083df04dad64c399707841b7acf00f6b133b7ac24255f2652fa22ae3534329dc6180534e98d17432037ff6fd140556e2bb3137e"
 }
diff --git a/packages/core/src/components/Form.tsx b/packages/core/src/components/Form.tsx
index 48851cfcf3..a83a629d8f 100644
--- a/packages/core/src/components/Form.tsx
+++ b/packages/core/src/components/Form.tsx
@@ -1,10 +1,11 @@
-import { Component, ElementType, FormEvent, ReactNode, Ref, RefObject, createRef } from 'react';
+import { Component, createRef, ElementType, FormEvent, ReactNode, Ref, RefObject } from 'react';
 import {
   createSchemaUtils,
   CustomValidator,
   deepEquals,
   ErrorSchema,
   ErrorTransformer,
+  Experimental_DefaultFormStateBehavior,
   FormContextType,
   GenericObjectType,
   getTemplate,
@@ -14,31 +15,31 @@ import {
   mergeObjects,
   NAME_KEY,
   PathSchema,
-  StrictRJSFSchema,
   Registry,
   RegistryFieldsType,
   RegistryWidgetsType,
+  RJSF_ADDITIONAL_PROPERTIES_FLAG,
   RJSFSchema,
   RJSFValidationError,
-  RJSF_ADDITIONAL_PROPERTIES_FLAG,
   SchemaUtilsType,
   shouldRender,
+  StrictRJSFSchema,
   SUBMIT_BTN_OPTIONS_KEY,
   TemplatesType,
   toErrorList,
-  UiSchema,
   UI_GLOBAL_OPTIONS_KEY,
   UI_OPTIONS_KEY,
+  UiSchema,
   ValidationData,
   validationDataMerge,
   ValidatorType,
-  Experimental_DefaultFormStateBehavior,
 } from '@rjsf/utils';
 import _forEach from 'lodash/forEach';
 import _get from 'lodash/get';
 import _isEmpty from 'lodash/isEmpty';
 import _pick from 'lodash/pick';
 import _toPath from 'lodash/toPath';
+import fastDeepEqual from 'fast-deep-equal';
 
 import getDefaultRegistry from '../getDefaultRegistry';
 
@@ -282,7 +283,7 @@ export default class Form<
     }
 
     this.state = this.getStateFromProps(props, props.formData);
-    if (this.props.onChange && !deepEquals(this.state.formData, this.props.formData)) {
+    if (this.props.onChange && !fastDeepEqual(this.state.formData, this.props.formData)) {
       this.props.onChange(this.state);
     }
     this.formElement = createRef();
@@ -309,10 +310,14 @@ export default class Form<
   getSnapshotBeforeUpdate(
     prevProps: FormProps<T, S, F>,
     prevState: FormState<T, S, F>
-  ): { nextState: FormState<T, S, F>; shouldUpdate: true } | { shouldUpdate: false } {
+  ):
+    | { nextState: FormState<T, S, F>; shouldUpdate: true }
+    | {
+        shouldUpdate: false;
+      } {
     if (!deepEquals(this.props, prevProps)) {
-      const isSchemaChanged = !deepEquals(prevProps.schema, this.props.schema);
-      const isFormDataChanged = !deepEquals(prevProps.formData, this.props.formData);
+      const isSchemaChanged = !fastDeepEqual(prevProps.schema, this.props.schema);
+      const isFormDataChanged = !fastDeepEqual(prevProps.formData, this.props.formData);
       const nextState = this.getStateFromProps(
         this.props,
         this.props.formData,
@@ -346,14 +351,18 @@ export default class Form<
   componentDidUpdate(
     _: FormProps<T, S, F>,
     prevState: FormState<T, S, F>,
-    snapshot: { nextState: FormState<T, S, F>; shouldUpdate: true } | { shouldUpdate: false }
+    snapshot:
+      | { nextState: FormState<T, S, F>; shouldUpdate: true }
+      | {
+          shouldUpdate: false;
+        }
   ) {
     if (snapshot.shouldUpdate) {
       const { nextState } = snapshot;
 
       if (
-        !deepEquals(nextState.formData, this.props.formData) &&
-        !deepEquals(nextState.formData, prevState.formData) &&
+        !fastDeepEqual(nextState.formData, this.props.formData) &&
+        !fastDeepEqual(nextState.formData, prevState.formData) &&
         this.props.onChange
       ) {
         this.props.onChange(nextState);
@@ -692,7 +701,6 @@ export default class Form<
    * Callback function to handle reset form data.
    * - Reset all fields with default values.
    * - Reset validations and errors
-   *
    */
   reset = () => {
     const { onChange } = this.props;
@@ -772,7 +780,14 @@ export default class Form<
         },
         () => {
           if (onSubmit) {
-            onSubmit({ ...this.state, formData: newFormData, status: 'submitted' }, event);
+            onSubmit(
+              {
+                ...this.state,
+                formData: newFormData,
+                status: 'submitted',
+              },
+              event
+            );
           }
         }
       );
@@ -956,9 +971,14 @@ export default class Form<
 
     let { [SUBMIT_BTN_OPTIONS_KEY]: submitOptions = {} } = getUiOptions<T, S, F>(uiSchema);
     if (disabled) {
-      submitOptions = { ...submitOptions, props: { ...submitOptions.props, disabled: true } };
+      submitOptions = {
+        ...submitOptions,
+        props: { ...submitOptions.props, disabled: true },
+      };
     }
-    const submitUiSchema = { [UI_OPTIONS_KEY]: { [SUBMIT_BTN_OPTIONS_KEY]: submitOptions } };
+    const submitUiSchema = {
+      [UI_OPTIONS_KEY]: { [SUBMIT_BTN_OPTIONS_KEY]: submitOptions },
+    };
 
     return (
       <FormTag
diff --git a/packages/core/src/components/fields/MultiSchemaField.tsx b/packages/core/src/components/fields/MultiSchemaField.tsx
index c58b080424..845d45f010 100644
--- a/packages/core/src/components/fields/MultiSchemaField.tsx
+++ b/packages/core/src/components/fields/MultiSchemaField.tsx
@@ -4,7 +4,6 @@ import isEmpty from 'lodash/isEmpty';
 import omit from 'lodash/omit';
 import {
   ANY_OF_KEY,
-  deepEquals,
   ERRORS_KEY,
   FieldProps,
   FormContextType,
@@ -18,6 +17,7 @@ import {
   TranslatableString,
   UiSchema,
 } from '@rjsf/utils';
+import fastDeepEqual from 'fast-deep-equal';
 
 /** Type used for the state of the `AnyOfField` component */
 type AnyOfFieldState<S extends StrictRJSFSchema = RJSFSchema> = {
@@ -67,7 +67,7 @@ class AnyOfField<T = any, S extends StrictRJSFSchema = RJSFSchema, F extends For
     const { formData, options, idSchema } = this.props;
     const { selectedOption } = this.state;
     let newState = this.state;
-    if (!deepEquals(prevProps.options, options)) {
+    if (!fastDeepEqual(prevProps.options, options)) {
       const {
         registry: { schemaUtils },
       } = this.props;
@@ -75,7 +75,7 @@ class AnyOfField<T = any, S extends StrictRJSFSchema = RJSFSchema, F extends For
       const retrievedOptions = options.map((opt: S) => schemaUtils.retrieveSchema(opt, formData));
       newState = { selectedOption, retrievedOptions };
     }
-    if (!deepEquals(formData, prevProps.formData) && idSchema.$id === prevProps.idSchema.$id) {
+    if (!fastDeepEqual(formData, prevProps.formData) && idSchema.$id === prevProps.idSchema.$id) {
       const { retrievedOptions } = newState;
       const matchingOption = this.getMatchingOption(selectedOption, formData, retrievedOptions);
 
diff --git a/packages/utils/src/enumOptionsDeselectValue.ts b/packages/utils/src/enumOptionsDeselectValue.ts
index 1dde198c32..1cabb53ccc 100644
--- a/packages/utils/src/enumOptionsDeselectValue.ts
+++ b/packages/utils/src/enumOptionsDeselectValue.ts
@@ -1,4 +1,4 @@
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 
 import { EnumOptionsType, RJSFSchema, StrictRJSFSchema } from './types';
 import enumOptionsValueForIndex from './enumOptionsValueForIndex';
@@ -22,7 +22,7 @@ export default function enumOptionsDeselectValue<S extends StrictRJSFSchema = RJ
 ): EnumOptionsType<S>['value'] | EnumOptionsType<S>['value'][] | undefined {
   const value = enumOptionsValueForIndex<S>(valueIndex, allEnumOptions);
   if (Array.isArray(selected)) {
-    return selected.filter((v) => !isEqual(v, value));
+    return selected.filter((v) => !fastDeepEqual(v, value));
   }
-  return isEqual(value, selected) ? undefined : selected;
+  return fastDeepEqual(value, selected) ? undefined : selected;
 }
diff --git a/packages/utils/src/enumOptionsIsSelected.ts b/packages/utils/src/enumOptionsIsSelected.ts
index a1c9fed1dd..c5d33ade12 100644
--- a/packages/utils/src/enumOptionsIsSelected.ts
+++ b/packages/utils/src/enumOptionsIsSelected.ts
@@ -1,4 +1,4 @@
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 
 import { EnumOptionsType, RJSFSchema, StrictRJSFSchema } from './types';
 
@@ -13,7 +13,7 @@ export default function enumOptionsIsSelected<S extends StrictRJSFSchema = RJSFS
   selected: EnumOptionsType<S>['value'] | EnumOptionsType<S>['value'][]
 ) {
   if (Array.isArray(selected)) {
-    return selected.some((sel) => isEqual(sel, value));
+    return selected.some((sel) => fastDeepEqual(sel, value));
   }
-  return isEqual(selected, value);
+  return fastDeepEqual(selected, value);
 }
diff --git a/packages/utils/src/parser/ParserValidator.ts b/packages/utils/src/parser/ParserValidator.ts
index f1b771fc39..fd3b513d40 100644
--- a/packages/utils/src/parser/ParserValidator.ts
+++ b/packages/utils/src/parser/ParserValidator.ts
@@ -1,5 +1,5 @@
 import get from 'lodash/get';
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 
 import { ID_KEY } from '../constants';
 import hashForSchema from '../hashForSchema';
@@ -67,7 +67,7 @@ export default class ParserValidator<T = any, S extends StrictRJSFSchema = RJSFS
     const existing = this.schemaMap[key];
     if (!existing) {
       this.schemaMap[key] = identifiedSchema;
-    } else if (!isEqual(existing, identifiedSchema)) {
+    } else if (!fastDeepEqual(existing, identifiedSchema)) {
       console.error('existing schema:', JSON.stringify(existing, null, 2));
       console.error('new schema:', JSON.stringify(identifiedSchema, null, 2));
       throw new Error(
@@ -91,7 +91,7 @@ export default class ParserValidator<T = any, S extends StrictRJSFSchema = RJSFS
    * @throws - Error when the given `rootSchema` differs from the root schema provided during construction
    */
   isValid(schema: S, _formData: T, rootSchema: S): boolean {
-    if (!isEqual(rootSchema, this.rootSchema)) {
+    if (!fastDeepEqual(rootSchema, this.rootSchema)) {
       throw new Error('Unexpectedly calling isValid() with a rootSchema that differs from the construction rootSchema');
     }
     this.addSchema(schema, hashForSchema<S>(schema));
diff --git a/packages/utils/src/parser/schemaParser.ts b/packages/utils/src/parser/schemaParser.ts
index 70151f06a0..2514a482f3 100644
--- a/packages/utils/src/parser/schemaParser.ts
+++ b/packages/utils/src/parser/schemaParser.ts
@@ -1,10 +1,10 @@
 import forEach from 'lodash/forEach';
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 
 import { FormContextType, RJSFSchema, StrictRJSFSchema } from '../types';
-import { PROPERTIES_KEY, ITEMS_KEY } from '../constants';
+import { ITEMS_KEY, PROPERTIES_KEY } from '../constants';
 import ParserValidator, { SchemaMap } from './ParserValidator';
-import { retrieveSchemaInternal, resolveAnyOrOneOfSchemas } from '../schema/retrieveSchema';
+import { resolveAnyOrOneOfSchemas, retrieveSchemaInternal } from '../schema/retrieveSchema';
 
 /** Recursive function used to parse the given `schema` belonging to the `rootSchema`. The `validator` is used to
  * capture the sub-schemas that the `isValid()` function is called with. For each schema returned by the
@@ -24,7 +24,7 @@ function parseSchema<T = any, S extends StrictRJSFSchema = RJSFSchema, F extends
 ) {
   const schemas = retrieveSchemaInternal<T, S, F>(validator, schema, rootSchema, undefined, true);
   schemas.forEach((schema) => {
-    const sameSchemaIndex = recurseList.findIndex((item) => isEqual(item, schema));
+    const sameSchemaIndex = recurseList.findIndex((item) => fastDeepEqual(item, schema));
     if (sameSchemaIndex === -1) {
       recurseList.push(schema);
       const allOptions = resolveAnyOrOneOfSchemas<T, S, F>(validator, schema, rootSchema, true);
diff --git a/packages/utils/src/schema/retrieveSchema.ts b/packages/utils/src/schema/retrieveSchema.ts
index 0f46632f1c..c74690b25c 100644
--- a/packages/utils/src/schema/retrieveSchema.ts
+++ b/packages/utils/src/schema/retrieveSchema.ts
@@ -1,5 +1,5 @@
 import get from 'lodash/get';
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 import set from 'lodash/set';
 import times from 'lodash/times';
 import transform from 'lodash/transform';
@@ -15,10 +15,10 @@ import {
   ANY_OF_KEY,
   DEPENDENCIES_KEY,
   IF_KEY,
+  ITEMS_KEY,
   ONE_OF_KEY,
-  REF_KEY,
   PROPERTIES_KEY,
-  ITEMS_KEY,
+  REF_KEY,
 } from '../constants';
 import findSchemaDefinition, { splitKeyElementFromObject } from '../findSchemaDefinition';
 import getDiscriminatorFieldFromSchema from '../getDiscriminatorFieldFromSchema';
@@ -196,7 +196,10 @@ export function resolveSchema<T = any, S extends StrictRJSFSchema = RJSFSchema,
       )
     );
     const allPermutations = getAllPermutationsOfXxxOf<S>(allOfSchemaElements);
-    return allPermutations.map((permutation) => ({ ...schema, allOf: permutation }));
+    return allPermutations.map((permutation) => ({
+      ...schema,
+      allOf: permutation,
+    }));
   }
   // No $ref or dependencies or allOf attribute was found, returning the original schema.
   return [schema];
@@ -293,7 +296,7 @@ export function resolveAllReferences<S extends StrictRJSFSchema = RJSFSchema>(
     };
   }
 
-  return isEqual(schema, resolvedSchema) ? schema : resolvedSchema;
+  return fastDeepEqual(schema, resolvedSchema) ? schema : resolvedSchema;
 }
 
 /** Creates new 'properties' items for each key in the `formData`
diff --git a/packages/utils/src/schema/toIdSchema.ts b/packages/utils/src/schema/toIdSchema.ts
index 3ea196d2c6..5369062223 100644
--- a/packages/utils/src/schema/toIdSchema.ts
+++ b/packages/utils/src/schema/toIdSchema.ts
@@ -1,5 +1,5 @@
 import get from 'lodash/get';
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 
 import { ALL_OF_KEY, DEPENDENCIES_KEY, ID_KEY, ITEMS_KEY, PROPERTIES_KEY, REF_KEY } from '../constants';
 import isObject from '../isObject';
@@ -46,7 +46,7 @@ function toIdSchemaInternal<T = any, S extends StrictRJSFSchema = RJSFSchema, F
     const { validator, schema, rootSchema, _recurseList, formData, idPrefix, idSeparator, id, idSchema } = stack.pop()!;
     if (REF_KEY in schema || DEPENDENCIES_KEY in schema || ALL_OF_KEY in schema) {
       const _schema = retrieveSchema<T, S, F>(validator, schema, rootSchema, formData);
-      const sameSchemaIndex = _recurseList.findIndex((item) => isEqual(item, _schema));
+      const sameSchemaIndex = _recurseList.findIndex((item) => fastDeepEqual(item, _schema));
       if (sameSchemaIndex === -1) {
         stack.push({
           validator,
@@ -112,7 +112,7 @@ function toIdSchemaInternal<T = any, S extends StrictRJSFSchema = RJSFSchema, F
   //     formData,
   //   );
   //   const sameSchemaIndex = _recurseList.findIndex((item) =>
-  //     isEqual(item, _schema)
+  //     fastDeepEqual(item, _schema)
   //   );
   //   if (sameSchemaIndex === -1) {
   //     return toIdSchemaInternal<T, S, F>(
diff --git a/packages/utils/src/schema/toPathSchema.ts b/packages/utils/src/schema/toPathSchema.ts
index bce2da0f0e..d21f7a9655 100644
--- a/packages/utils/src/schema/toPathSchema.ts
+++ b/packages/utils/src/schema/toPathSchema.ts
@@ -1,5 +1,5 @@
 import get from 'lodash/get';
-import isEqual from 'fast-deep-equal';
+import fastDeepEqual from 'fast-deep-equal';
 import set from 'lodash/set';
 
 import {
@@ -52,7 +52,7 @@ function toPathSchemaInternal<T = any, S extends StrictRJSFSchema = RJSFSchema,
 
     if (REF_KEY in schema || DEPENDENCIES_KEY in schema || ALL_OF_KEY in schema) {
       const _schema = retrieveSchema<T, S, F>(validator, schema, rootSchema, formData);
-      const sameSchemaIndex = _recurseList.findIndex((item) => isEqual(item, _schema));
+      const sameSchemaIndex = _recurseList.findIndex((item) => fastDeepEqual(item, _schema));
       if (sameSchemaIndex === -1) {
         stack.push({
           schema: _schema,
diff --git a/packages/validator-ajv8/src/precompiledValidator.ts b/packages/validator-ajv8/src/precompiledValidator.ts
index 3b201b9a90..53f4299ded 100644
--- a/packages/validator-ajv8/src/precompiledValidator.ts
+++ b/packages/validator-ajv8/src/precompiledValidator.ts
@@ -1,6 +1,6 @@
 import { ErrorObject } from 'ajv';
 import get from 'lodash/get';
-import isEqual from 'lodash/isEqual';
+import fastDeepEqual from 'fast-deep-equal';
 import {
   CustomValidator,
   ErrorSchema,
@@ -9,13 +9,13 @@ import {
   hashForSchema,
   ID_KEY,
   JUNK_OPTION_ID,
+  retrieveSchema,
   RJSFSchema,
   StrictRJSFSchema,
   toErrorList,
   UiSchema,
   ValidationData,
   ValidatorType,
-  retrieveSchema,
 } from '@rjsf/utils';
 
 import { CompiledValidateFunction, Localizer, ValidatorFunctions } from './types';
@@ -92,10 +92,10 @@ export default class AJV8PrecompiledValidator<
    * @param [formData] - The form data to validate if any
    */
   ensureSameRootSchema(schema: S, formData?: T) {
-    if (!isEqual(schema, this.rootSchema)) {
+    if (!fastDeepEqual(schema, this.rootSchema)) {
       // Resolve the root schema with the passed in form data since that may affect the resolution
       const resolvedRootSchema = retrieveSchema(this, this.rootSchema, this.rootSchema, formData);
-      if (!isEqual(schema, resolvedRootSchema)) {
+      if (!fastDeepEqual(schema, resolvedRootSchema)) {
         throw new Error(
           'The schema associated with the precompiled validator differs from the rootSchema provided for validation'
         );