diff --git a/.cz.yaml b/.cz.yaml
index 0284ba1..75f47c4 100644
--- a/.cz.yaml
+++ b/.cz.yaml
@@ -2,7 +2,8 @@
 commitizen:
   name: cz_conventional_commits
   tag_format: v$version
-  version: 0.32.0
+  version: 0.33.0
   version_files:
   - bmemcached/__init__.py
   - docs/conf.py
+  - flake.nix
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8a631da..951725e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,18 @@
+## v0.33.0 (2026-10-12)
+
+### Feat
+
+- add raw_data mode to skip value serialization (#315)
+- set the Python 3.10 floor and remove the Python 2 support layer (#278)
+
+### Fix
+
+- remove the per-call struct format strings from the response parse path (#286)
+- show the password state in Protocol.__str__
+- keep distributed hash ring placement
+- replace assert guards, add an exception message, and stop a password leak
+- Minor performance improvements in hot paths (#263)
+
 ## v0.32.0 (2026-04-28)
 
 ### Docs
diff --git a/bmemcached/__init__.py b/bmemcached/__init__.py
index d9c66f3..4654f6b 100644
--- a/bmemcached/__init__.py
+++ b/bmemcached/__init__.py
@@ -1,4 +1,4 @@
-__version__ = "0.32.0"
+__version__ = "0.33.0"
 
 __all__ = ("Client", "DistributedClient", "ReplicatingClient")
 
diff --git a/docs/conf.py b/docs/conf.py
index 694d1b5..a3102b1 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -54,9 +54,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = "0.32"
+version = "0.33"
 # The full version, including alpha/beta/rc tags.
-release = "0.32.0"
+release = "0.33.0"
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/flake.nix b/flake.nix
index 12d83d2..8fc3a6d 100644
--- a/flake.nix
+++ b/flake.nix
@@ -67,7 +67,7 @@
 
         packages.default = python.pkgs.buildPythonPackage {
           pname = "python-binary-memcached";
-          version = "0.32.0";
+          version = "0.33.0";
           pyproject = true;
           src = ./.;
           build-system = with python.pkgs; [ setuptools ];