diff --git a/CHANGES.md b/CHANGES.md
index a91dea644..6d5c0fcb6 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -1,5 +1,19 @@
 # Changelog
 
+## Dendrite 0.3.7 (2021-01-26)
+
+### Features
+
+* Sync filtering support (for event types, senders and limits)
+* In-process DNS caching support for deployments where a local DNS caching resolver is not available (disabled by default)
+* Experimental support for MSC2444 (Peeking over Federation) has been merged
+* Experimental federation support for MSC2946 (Spaces Summary) has been merged
+
+### Fixes
+
+* Dendrite will no longer load a given event more than once for state resolution, which may help to reduce memory usage and database I/O slightly in some cases
+* Large well-known responses will no longer use significant amounts of memory
+
 ## Dendrite 0.3.6 (2021-01-18)
 
 ### Features
diff --git a/internal/version.go b/internal/version.go
index bb6d7038b..639fd3df0 100644
--- a/internal/version.go
+++ b/internal/version.go
@@ -17,7 +17,7 @@ var build string
 const (
 	VersionMajor = 0
 	VersionMinor = 3
-	VersionPatch = 6
+	VersionPatch = 7
 	VersionTag   = "" // example: "rc1"
 )