diff --git a/Cargo.toml b/Cargo.toml
index a56eb2a..25b416c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -5,12 +5,12 @@ members = ["crates/rmcp", "crates/rmcp-macros", "examples/*"]
 resolver = "2"
 
 [workspace.dependencies]
-rmcp = { version = "0.3.1", path = "./crates/rmcp" }
-rmcp-macros = { version = "0.3.1", path = "./crates/rmcp-macros" }
+rmcp = { version = "0.3.2", path = "./crates/rmcp" }
+rmcp-macros = { version = "0.3.2", path = "./crates/rmcp-macros" }
 
 [workspace.package]
 edition = "2024"
-version = "0.3.1"
+version = "0.3.2"
 authors = ["4t145 <u4t145@163.com>"]
 license = "MIT/Apache-2.0"
 repository = "https://github.com/modelcontextprotocol/rust-sdk/"
diff --git a/crates/rmcp/CHANGELOG.md b/crates/rmcp/CHANGELOG.md
index e013b5b..f43c262 100644
--- a/crates/rmcp/CHANGELOG.md
+++ b/crates/rmcp/CHANGELOG.md
@@ -7,6 +7,14 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [0.3.2](https://github.com/modelcontextprotocol/rust-sdk/compare/rmcp-v0.3.1...rmcp-v0.3.2) - 2025-07-30
+
+### Fixed
+
+- *(capabilities)* do not serialize None as null for `list_changed` ([#341](https://github.com/modelcontextprotocol/rust-sdk/pull/341))
+- *(Transport)* close oneshot transport on error ([#340](https://github.com/modelcontextprotocol/rust-sdk/pull/340))
+- *(oauth)* expose OAuthTokenResponse publicly ([#335](https://github.com/modelcontextprotocol/rust-sdk/pull/335))
+
 ## [0.3.1](https://github.com/modelcontextprotocol/rust-sdk/compare/rmcp-v0.3.0...rmcp-v0.3.1) - 2025-07-29
 
 ### Fixed