diff --git a/package.json b/package.json
index 0fd1ea1895..a19965ca2d 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/core-monorepo",
-  "version": "924.0.0",
+  "version": "925.0.0",
   "private": true,
   "description": "Monorepo for packages shared between MetaMask clients",
   "repository": {
diff --git a/packages/perps-controller/CHANGELOG.md b/packages/perps-controller/CHANGELOG.md
index 4dd71e4a7a..a5831c4602 100644
--- a/packages/perps-controller/CHANGELOG.md
+++ b/packages/perps-controller/CHANGELOG.md
@@ -7,6 +7,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+## [3.2.0]
+
 ### Added
 
 - Add `isAbortError` utility export from `utils` for distinguishing expected cancellation errors from real failures ([#8515](https://github.com/MetaMask/core/pull/8515))
@@ -113,7 +115,6 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 ### Changed
 
 - Refactor pending withdraw/deposit tracking to FIFO queue design ([#8333](https://github.com/MetaMask/core/pull/8333))
-
 - Centralize Arbitrum network check in deposit hooks to prevent missing network errors ([#8333](https://github.com/MetaMask/core/pull/8333))
 - Provider credentials, builder fee injection, and env var centralization ([#8333](https://github.com/MetaMask/core/pull/8333))
 - Reduce max order amount by 0.5% buffer to avoid insufficient margin rejections ([#8333](https://github.com/MetaMask/core/pull/8333))
@@ -217,7 +218,8 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 - Bump `@metamask/controller-utils` from `^11.18.0` to `^11.19.0` ([#7995](https://github.com/MetaMask/core/pull/7995))
 
-[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/perps-controller@3.1.1...HEAD
+[Unreleased]: https://github.com/MetaMask/core/compare/@metamask/perps-controller@3.2.0...HEAD
+[3.2.0]: https://github.com/MetaMask/core/compare/@metamask/perps-controller@3.1.1...@metamask/perps-controller@3.2.0
 [3.1.1]: https://github.com/MetaMask/core/compare/@metamask/perps-controller@3.1.0...@metamask/perps-controller@3.1.1
 [3.1.0]: https://github.com/MetaMask/core/compare/@metamask/perps-controller@3.0.0...@metamask/perps-controller@3.1.0
 [3.0.0]: https://github.com/MetaMask/core/compare/@metamask/perps-controller@2.0.0...@metamask/perps-controller@3.0.0
diff --git a/packages/perps-controller/package.json b/packages/perps-controller/package.json
index e4d65bf5e1..501342b0a9 100644
--- a/packages/perps-controller/package.json
+++ b/packages/perps-controller/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@metamask/perps-controller",
-  "version": "3.1.1",
+  "version": "3.2.0",
   "description": "Controller for perpetual trading functionality in MetaMask",
   "keywords": [
     "Ethereum",