diff --git a/RELEASE b/RELEASE
index 2bf1c1ccf36..6b4950e3de2 100644
--- a/RELEASE
+++ b/RELEASE
@@ -1 +1 @@
-2.3.1
+2.4
diff --git a/meson.build b/meson.build
index c6294126d77..0548a48d4f9 100644
--- a/meson.build
+++ b/meson.build
@@ -1,4 +1,4 @@
-project('dxvk', ['c', 'cpp'], version : 'v2.3.1', meson_version : '>= 0.58', default_options : [ 'cpp_std=c++17', 'warning_level=2' ])
+project('dxvk', ['c', 'cpp'], version : 'v2.4.0', meson_version : '>= 0.58', default_options : [ 'cpp_std=c++17', 'warning_level=2' ])
 
 pkg = import('pkgconfig')
 cpu_family = target_machine.cpu_family()
diff --git a/src/dxvk/dxvk_instance.cpp b/src/dxvk/dxvk_instance.cpp
index e8e7783e588..f47f77786e5 100644
--- a/src/dxvk/dxvk_instance.cpp
+++ b/src/dxvk/dxvk_instance.cpp
@@ -182,7 +182,7 @@ namespace dxvk {
       appInfo.pApplicationName      = appName.c_str();
       appInfo.applicationVersion    = flags.raw();
       appInfo.pEngineName           = "DXVK";
-      appInfo.engineVersion         = VK_MAKE_API_VERSION(0, 2, 3, 2);
+      appInfo.engineVersion         = VK_MAKE_API_VERSION(0, 2, 4, 0);
       appInfo.apiVersion            = VK_MAKE_API_VERSION(0, 1, 3, 0);
 
       VkInstanceCreateInfo info = { VK_STRUCTURE_TYPE_INSTANCE_CREATE_INFO };