diff --git a/Cargo.lock b/Cargo.lock
index eb0083acb29..3534cae0b28 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2925,7 +2925,7 @@ dependencies = [
  "safe-transmute",
  "serde",
  "solana-program",
- "spl-token 3.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
+ "spl-token 3.0.1",
  "static_assertions",
  "thiserror",
  "without-alloc",
@@ -3053,7 +3053,7 @@ dependencies = [
  "solana-sdk",
  "solana-stake-program",
  "solana-vote-program",
- "spl-token 3.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
+ "spl-token 3.0.1",
  "thiserror",
  "zstd",
 ]
@@ -3587,7 +3587,7 @@ dependencies = [
  "solana-vote-program",
  "spl-memo 2.0.1",
  "spl-memo 3.0.0 (registry+https://github.com/rust-lang/crates.io-index)",
- "spl-token 3.0.1 (registry+https://github.com/rust-lang/crates.io-index)",
+ "spl-token 3.0.1",
  "thiserror",
 ]
 
@@ -3659,7 +3659,7 @@ dependencies = [
  "solana-program",
  "solana-program-test",
  "solana-sdk",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "tokio 0.3.6",
 ]
 
@@ -3723,7 +3723,7 @@ dependencies = [
  "solana-program",
  "solana-program-test",
  "solana-sdk",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "tokio 0.3.6",
 ]
 
@@ -3812,7 +3812,7 @@ dependencies = [
  "solana-program-test",
  "solana-sdk",
  "solana-vote-program",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "thiserror",
  "tokio 0.3.6",
 ]
@@ -3834,7 +3834,7 @@ dependencies = [
  "solana-program",
  "solana-sdk",
  "spl-stake-pool",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
 ]
 
 [[package]]
@@ -3857,27 +3857,27 @@ dependencies = [
 [[package]]
 name = "spl-token"
 version = "3.0.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a9774eebb62ff1ff2f5eca112413e476143925a2f5a43cee98fc5d3a6c0eec5c"
 dependencies = [
  "arrayref",
  "num-derive",
  "num-traits",
  "num_enum",
  "solana-program",
- "solana-sdk",
  "thiserror",
 ]
 
 [[package]]
 name = "spl-token"
-version = "3.0.1"
-source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "a9774eebb62ff1ff2f5eca112413e476143925a2f5a43cee98fc5d3a6c0eec5c"
+version = "3.1.0"
 dependencies = [
  "arrayref",
  "num-derive",
  "num-traits",
  "num_enum",
  "solana-program",
+ "solana-sdk",
  "thiserror",
 ]
 
@@ -3897,7 +3897,7 @@ dependencies = [
  "solana-remote-wallet",
  "solana-sdk",
  "spl-associated-token-account",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
 ]
 
 [[package]]
@@ -3917,7 +3917,7 @@ dependencies = [
  "solana-program",
  "solana-program-test",
  "solana-sdk",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "thiserror",
  "tokio 0.3.6",
  "uint",
@@ -3930,7 +3930,7 @@ dependencies = [
  "solana-client",
  "solana-program",
  "solana-sdk",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "spl-token-lending",
 ]
 
@@ -3948,7 +3948,7 @@ dependencies = [
  "solana-program",
  "solana-sdk",
  "spl-math",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "thiserror",
 ]
 
@@ -3960,7 +3960,7 @@ dependencies = [
  "honggfuzz",
  "solana-program",
  "spl-math",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "spl-token-swap",
 ]
 
@@ -4126,7 +4126,7 @@ version = "0.1.0"
 dependencies = [
  "solana-sdk",
  "spl-memo 3.0.0",
- "spl-token 3.0.1",
+ "spl-token 3.1.0",
  "spl-token-swap",
 ]
 
diff --git a/associated-token-account/program/Cargo.toml b/associated-token-account/program/Cargo.toml
index a5935dde7ba..186d0725f10 100644
--- a/associated-token-account/program/Cargo.toml
+++ b/associated-token-account/program/Cargo.toml
@@ -13,7 +13,7 @@ test-bpf = []
 
 [dependencies]
 solana-program = "1.5.6"
-spl-token = { version = "3.0", path = "../../token/program", features = ["no-entrypoint"] }
+spl-token = { version = "3.1", path = "../../token/program", features = ["no-entrypoint"] }
 
 [dev-dependencies]
 solana-program-test = "1.5.6"
diff --git a/feature-proposal/program/Cargo.toml b/feature-proposal/program/Cargo.toml
index 2dfaaab8280..9c67faf3bb2 100644
--- a/feature-proposal/program/Cargo.toml
+++ b/feature-proposal/program/Cargo.toml
@@ -15,7 +15,7 @@ test-bpf = []
 borsh = "0.7.1"
 borsh-derive = "0.7.1"
 solana-program = "1.5.6"
-spl-token = { version = "3.0", path = "../../token/program", features = ["no-entrypoint"] }
+spl-token = { version = "3.1", path = "../../token/program", features = ["no-entrypoint"] }
 
 
 [dev-dependencies]
diff --git a/token-swap/program/Cargo.toml b/token-swap/program/Cargo.toml
index 3d4f5391efa..c81bbe58421 100644
--- a/token-swap/program/Cargo.toml
+++ b/token-swap/program/Cargo.toml
@@ -19,7 +19,7 @@ num-derive = "0.3"
 num-traits = "0.2"
 solana-program = "1.5.6"
 spl-math = { version = "0.1", path = "../../libraries/math", features = [ "no-entrypoint" ] }
-spl-token = { version = "3.0", path = "../../token/program", features = [ "no-entrypoint" ] }
+spl-token = { version = "3.1", path = "../../token/program", features = [ "no-entrypoint" ] }
 thiserror = "1.0"
 arbitrary = { version = "0.4", features = ["derive"], optional = true }
 
diff --git a/token-swap/program/fuzz/Cargo.toml b/token-swap/program/fuzz/Cargo.toml
index 6b6ea5feb3b..7df0880170f 100644
--- a/token-swap/program/fuzz/Cargo.toml
+++ b/token-swap/program/fuzz/Cargo.toml
@@ -13,7 +13,7 @@ honggfuzz = { version = "0.5.52" }
 arbitrary = { version = "0.4", features = ["derive"] }
 solana-program = "1.5.6"
 spl-math = { version = "0.1", path = "../../../libraries/math", features = [ "no-entrypoint" ] }
-spl-token = { version = "3.0", path = "../../../token/program", features = [ "no-entrypoint" ] }
+spl-token = { version = "3.1", path = "../../../token/program", features = [ "no-entrypoint" ] }
 spl-token-swap = { path = "..", features = ["fuzz", "no-entrypoint"] }
 
 [[bin]]
diff --git a/token/cli/Cargo.toml b/token/cli/Cargo.toml
index 6555d0d6271..ff94f505de8 100644
--- a/token/cli/Cargo.toml
+++ b/token/cli/Cargo.toml
@@ -20,7 +20,7 @@ solana-client = "1.5.6"
 solana-logger = "1.5.6"
 solana-remote-wallet = "1.5.6"
 solana-sdk = "1.5.6"
-spl-token = { version = "3.0", path="../program", features = [ "no-entrypoint" ] }
+spl-token = { version = "3.1", path="../program", features = [ "no-entrypoint" ] }
 spl-associated-token-account = { version = "1.0", path="../../associated-token-account/program", features = [ "no-entrypoint" ] }
 
 [[bin]]
diff --git a/token/program/Cargo.toml b/token/program/Cargo.toml
index 24723901efc..fa7162ba365 100644
--- a/token/program/Cargo.toml
+++ b/token/program/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "spl-token"
-version = "3.0.1"
+version = "3.1.0"
 description = "Solana Program Library Token"
 authors = ["Solana Maintainers <maintainers@solana.foundation>"]
 repository = "https://github.com/solana-labs/solana-program-library"