diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index f2b9718844..f472d3aca3 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1 +1 @@
-{".":"5.6.0","packages/phoenix-evals":"0.17.2","packages/phoenix-otel":"0.6.1"}
+{".":"5.7.0","packages/phoenix-evals":"0.17.2","packages/phoenix-otel":"0.6.1"}
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 6fc180ab2e..0beb4c52d7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,14 @@
 # Changelog
 
+## [5.7.0](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v5.6.0...arize-phoenix-v5.7.0) (2024-10-31)
+
+
+### Features
+
+* Detect websocket availability and pass to client ([#5224](https://github.com/Arize-ai/phoenix/issues/5224)) ([661ec17](https://github.com/Arize-ai/phoenix/commit/661ec1743bda024dc154689d0e64ab40cb87015f))
+* Overhaul invocation parameter specification ([#5228](https://github.com/Arize-ai/phoenix/issues/5228)) ([2e7e670](https://github.com/Arize-ai/phoenix/commit/2e7e670d15078d570bcc3fe3a670a9ffccc695cd))
+* **playground:** save model config by provider in preferences ([#5216](https://github.com/Arize-ai/phoenix/issues/5216)) ([d9cb1f1](https://github.com/Arize-ai/phoenix/commit/d9cb1f142af910ea20f1b0085e85b7746dadab17))
+
 ## [5.6.0](https://github.com/Arize-ai/phoenix/compare/arize-phoenix-v5.5.2...arize-phoenix-v5.6.0) (2024-10-29)
 
 
diff --git a/src/phoenix/version.py b/src/phoenix/version.py
index a1e2271ea9..7f4ce2d4c3 100644
--- a/src/phoenix/version.py
+++ b/src/phoenix/version.py
@@ -1 +1 @@
-__version__ = "5.6.0"
+__version__ = "5.7.0"