diff --git a/CHANGELOG.md b/CHANGELOG.md
index acd66abd6a..cb41883f5e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,10 @@
 * [ENHANCEMENT] ...
 * [BUGFIX] ...
 
+## 0.30.1 / 2026-01-12
+
+* [BUGFIX] Fix memory leak in tracing client. #4828
+
 ## 0.30.0 / 2025-12-15
 
 * [CHANGE] Don't allow calling qids with an empty ids list. #4707
diff --git a/VERSION b/VERSION
index c25c8e5b74..1a44cad74d 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-0.30.0
+0.30.1