diff --git a/CHANGELOG.md b/CHANGELOG.md
index 80565f4ae4..5faa31affc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,10 @@
 
 # UNRELEASED
 
+# 0.32.0
+
+### feat: Deprecate dfx. All commands will throw off a deprecation warning (this can be disabled with `DFX_WARNING=-deprecation`).
+
 ### chore: bump `ic-agent`, `ic-utils` and `ic-identity-hsm` to 0.47.0
 
 ### fix: correct `dfx sns` example commands in documentation
diff --git a/Cargo.lock b/Cargo.lock
index 2ac266259a..e955a8c51d 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1678,7 +1678,7 @@ checksum = "abd57806937c9cc163efc8ea3910e00a62e2aeb0b8119f1793a978088f8f6b04"
 
 [[package]]
 name = "dfx"
-version = "0.31.0"
+version = "0.32.0"
 dependencies = [
  "actix",
  "aes-gcm",
diff --git a/public/manifest.json b/public/manifest.json
index 1266b8a746..d4a226857d 100644
--- a/public/manifest.json
+++ b/public/manifest.json
@@ -1,6 +1,6 @@
 {
     "tags": {
-        "latest": "0.31.0"
+        "latest": "0.32.0"
     },
     "versions": [
         "0.5.0",
@@ -87,6 +87,7 @@
         "0.29.2",
         "0.30.1",
         "0.30.2",
-        "0.31.0"
+        "0.31.0",
+        "0.32.0"
     ]
 }
diff --git a/src/dfx/Cargo.toml b/src/dfx/Cargo.toml
index d988943838..fd38b2dc6f 100644
--- a/src/dfx/Cargo.toml
+++ b/src/dfx/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "dfx"
-version = "0.31.0"
+version = "0.32.0"
 authors.workspace = true
 edition.workspace = true
 repository.workspace = true