diff --git a/README.md b/README.md
index c4da865f25..cb21b7aac0 100644
--- a/README.md
+++ b/README.md
@@ -60,7 +60,7 @@ pip install flashinfer -i https://flashinfer.ai/whl/cu121/torch2.4/
 ### Method 2: From source
 ```
 # Use the last release branch
-git clone -b v0.3.1.post3 https://github.com/sgl-project/sglang.git
+git clone -b v0.3.2 https://github.com/sgl-project/sglang.git
 cd sglang
 
 pip install --upgrade pip
diff --git a/python/pyproject.toml b/python/pyproject.toml
index a28583d270..9700d824c4 100644
--- a/python/pyproject.toml
+++ b/python/pyproject.toml
@@ -4,7 +4,7 @@ build-backend = "setuptools.build_meta"
 
 [project]
 name = "sglang"
-version = "0.3.1.post3"
+version = "0.3.2"
 description = "SGLang is yet another fast serving framework for large language models and vision language models."
 readme = "README.md"
 requires-python = ">=3.8"
diff --git a/python/sglang/version.py b/python/sglang/version.py
index e6965e284a..f9aa3e1109 100644
--- a/python/sglang/version.py
+++ b/python/sglang/version.py
@@ -1 +1 @@
-__version__ = "0.3.1.post3"
+__version__ = "0.3.2"