diff --git a/CHANGELOG.md b/CHANGELOG.md
index 128bc0ec6..24017fc4e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,25 @@
 # Lotus changelog
 
+# 0.5.8 / 2020-09-02
+
+This patch includes some bugfixes to the sector sealing process, and updates go-fil-markets. It also improves the performance of blocksync, adds a method to export chain state trees, and improves chainwatch.
+
+## Changes
+
+- Upgrade markets to v0.5.9 (https://github.com/filecoin-project/lotus/pull/3496)
+- Improve blocksync to load fewer messages: (https://github.com/filecoin-project/lotus/pull/3494)
+- Fix a panic in the ffi-wrapper's `ReadPiece` (https://github.com/filecoin-project/lotus/pull/3492/files)
+- Fix a deadlock in the sealing scheduler (https://github.com/filecoin-project/lotus/pull/3489)
+- Add test vectors for tipset tests (https://github.com/filecoin-project/lotus/pull/3485/files)
+- Improve the advance-block debug command (https://github.com/filecoin-project/lotus/pull/3476)
+- Add toggle for message processing to Lotus PCR (https://github.com/filecoin-project/lotus/pull/3470)
+- Allow exporting recent chain state trees (https://github.com/filecoin-project/lotus/pull/3463)
+- Remove height from chain rand (https://github.com/filecoin-project/lotus/pull/3458)
+- Disable GC on chain badger datastore (https://github.com/filecoin-project/lotus/pull/3457)
+- Account for `GasPremium` in `GasEstimateFeeCap` (https://github.com/filecoin-project/lotus/pull/3456)
+- Update go-libp2p-pubsub to `master` (https://github.com/filecoin-project/lotus/pull/3455)
+- Chainwatch improvements (https://github.com/filecoin-project/lotus/pull/3442)
+
 # 0.5.7 / 2020-08-31
 
 This patch release includes some bugfixes and enhancements to the sector lifecycle and message pool logic. 
diff --git a/build/version.go b/build/version.go
index 5d29cd830..6062d2739 100644
--- a/build/version.go
+++ b/build/version.go
@@ -25,7 +25,7 @@ func buildType() string {
 }
 
 // BuildVersion is the local build version, set by build system
-const BuildVersion = "0.5.7"
+const BuildVersion = "0.5.8"
 
 func UserVersion() string {
 	return BuildVersion + buildType() + CurrentCommit