diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1db7fe1f37d..a8617cac192 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -46,6 +46,7 @@
 
 - Update individual crates.
     - Update to [`libp2p-dcutr` `v0.2.0`](protocols/dcutr/CHANGELOG.md).
+    - Update to [`libp2p-dns` `v0.32.1`](transports/dns/CHANGELOG.md).
     - Update to [`libp2p-rendezvous` `v0.5.0`](protocols/rendezvous/CHANGELOG.md).
     - Update to [`libp2p-ping` `v0.35.0`](protocols/ping/CHANGELOG.md).
     - Update to [`libp2p-identify` `v0.35.0`](protocols/identify/CHANGELOG.md).
diff --git a/Cargo.toml b/Cargo.toml
index f712bf2eb1f..961c167f640 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -105,7 +105,7 @@ smallvec = "1.6.1"
 
 [target.'cfg(not(any(target_os = "emscripten", target_os = "wasi", target_os = "unknown")))'.dependencies]
 libp2p-deflate = { version = "0.32.0", path = "transports/deflate", optional = true }
-libp2p-dns = { version = "0.32.0", path = "transports/dns", optional = true, default-features = false }
+libp2p-dns = { version = "0.32.1", path = "transports/dns", optional = true, default-features = false }
 libp2p-mdns = { version = "0.36.0", path = "protocols/mdns", optional = true }
 libp2p-tcp = { version = "0.32.0", path = "transports/tcp", default-features = false, optional = true }
 libp2p-websocket = { version = "0.34.0", path = "transports/websocket", optional = true }
diff --git a/transports/dns/CHANGELOG.md b/transports/dns/CHANGELOG.md
index 8352f1dab28..3347b67d160 100644
--- a/transports/dns/CHANGELOG.md
+++ b/transports/dns/CHANGELOG.md
@@ -1,3 +1,9 @@
+# 0.32.1 [unreleased]
+
+- Update to `trust-dns` `v0.21`. See [PR 2543].
+
+[PR 2543]: https://github.com/libp2p/rust-libp2p/pull/2543
+
 # 0.32.0 [2022-02-22]
 
 - Update to `libp2p-core` `v0.32.0`.
diff --git a/transports/dns/Cargo.toml b/transports/dns/Cargo.toml
index 54954f1a0c9..248e5c2c616 100644
--- a/transports/dns/Cargo.toml
+++ b/transports/dns/Cargo.toml
@@ -3,7 +3,7 @@ name = "libp2p-dns"
 edition = "2021"
 rust-version = "1.56.1"
 description = "DNS transport implementation for libp2p"
-version = "0.32.0"
+version = "0.32.1"
 authors = ["Parity Technologies <admin@parity.io>"]
 license = "MIT"
 repository = "https://github.com/libp2p/rust-libp2p"
@@ -14,8 +14,8 @@ categories = ["network-programming", "asynchronous"]
 libp2p-core = { version = "0.32.0", path = "../../core", default-features = false  }
 log = "0.4.1"
 futures = "0.3.1"
-trust-dns-resolver = { version = "0.20", default-features = false, features = ["system-config"] }
-async-std-resolver = { version = "0.20", optional = true }
+async-std-resolver = { version = "0.21", optional = true }
+trust-dns-resolver = { version = "0.21", default-features = false, features = ["system-config"] }
 smallvec = "1.6.1"
 
 [dev-dependencies]