diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index e437cc4..317ae5a 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,6 +1,6 @@
 {
   "crates/env-var": "0.1.1",
   "crates/flagd": "0.0.8",
-  "crates/flipt": "0.1.0",
+  "crates/flipt": "0.2.0",
   "crates/ofrep": "0.0.4"
 }
diff --git a/crates/flipt/CHANGELOG.md b/crates/flipt/CHANGELOG.md
new file mode 100644
index 0000000..b8133bf
--- /dev/null
+++ b/crates/flipt/CHANGELOG.md
@@ -0,0 +1,12 @@
+# Changelog
+
+## [0.2.0](https://github.com/open-feature/rust-sdk-contrib/compare/open-feature-flipt-v0.1.0...open-feature-flipt-v0.2.0) (2025-11-01)
+
+
+### ⚠ BREAKING CHANGES
+
+* Update dependencies and fix flaky retry mechanism tests ([#74](https://github.com/open-feature/rust-sdk-contrib/issues/74))
+
+### 🧹 Chore
+
+* Update dependencies and fix flaky retry mechanism tests ([#74](https://github.com/open-feature/rust-sdk-contrib/issues/74)) ([9b78024](https://github.com/open-feature/rust-sdk-contrib/commit/9b780249584eb1ddfe7ad7f1049c415ff8658234))
diff --git a/crates/flipt/Cargo.toml b/crates/flipt/Cargo.toml
index d884a11..bc25fd0 100644
--- a/crates/flipt/Cargo.toml
+++ b/crates/flipt/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "open-feature-flipt"
-version = "0.1.0"
+version = "0.2.0"
 edition = "2024"
 
 # See more keys and their definitions at https://doc.rust-lang.org/cargo/reference/manifest.html