diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2c8ac81..2379ad5 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,17 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.3.1] - 2024-12-22
+
+### Fixed
+- *(deps)* update rust crate thiserror to v2.0.9
+- *(deps)* update rust crate thiserror to v2.0.8
+
+### Other
+- *(deps)* update all dependencies
+- *(deps)* update rust crate tracing to v0.1.41
+- Configure Renovate (#4)
+
 ## [0.3.0] - 2024-12-13
 
 ### Added
diff --git a/Cargo.toml b/Cargo.toml
index 93d740e..4890b9a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -3,7 +3,7 @@ members = ["crates/*"]
 resolver = "2"
 
 [workspace.package]
-version = "0.3.0"
+version = "0.3.1"
 
 [workspace.dependencies]
 drift = { path = "crates/drift" }