diff --git a/vllm/__init__.py b/vllm/__init__.py
index 36d177f5942e7..e3234c009c1dc 100644
--- a/vllm/__init__.py
+++ b/vllm/__init__.py
@@ -8,7 +8,7 @@
 from vllm.outputs import CompletionOutput, RequestOutput
 from vllm.sampling_params import SamplingParams
 
-__version__ = "0.3.0"
+__version__ = "0.3.1"
 
 __all__ = [
     "LLM",