diff --git a/Cargo.lock b/Cargo.lock
index 57d19e14925d9..15f52e4b304bb 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -275,7 +275,7 @@ dependencies = [
 
 [[package]]
 name = "aptos"
-version = "5.0.0"
+version = "5.1.0"
 dependencies = [
  "anyhow",
  "aptos-api-types",
diff --git a/crates/aptos/CHANGELOG.md b/crates/aptos/CHANGELOG.md
index b1fc2e380c6d7..591c7bff8abb6 100644
--- a/crates/aptos/CHANGELOG.md
+++ b/crates/aptos/CHANGELOG.md
@@ -3,6 +3,9 @@
 All notable changes to the Aptos CLI will be captured in this file. This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html) and the format set out by [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
 # Unreleased
+
+## [5.1.0] - 2024/12/13
+- More optimizations are now default for compiler v2.
 - Downgrade bytecode version to v6 before calling the Revela decompiler, if possible, i.e. no enum types are used. This allows to continue to use Revela until the new decompiler is ready.
 
 ## [5.0.0] - 2024/12/11
diff --git a/crates/aptos/Cargo.toml b/crates/aptos/Cargo.toml
index 4e8c393472f65..a29e4224e2080 100644
--- a/crates/aptos/Cargo.toml
+++ b/crates/aptos/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "aptos"
 description = "Aptos tool for management of nodes and interacting with the blockchain"
-version = "5.0.0"
+version = "5.1.0"
 
 # Workspace inherited keys
 authors = { workspace = true }