diff --git a/pkgs/by-name/v2/v2ray/package.nix b/pkgs/by-name/v2/v2ray/package.nix
index 6b1f0d5ff578..52c5880c5097 100644
--- a/pkgs/by-name/v2/v2ray/package.nix
+++ b/pkgs/by-name/v2/v2ray/package.nix
@@ -16,18 +16,18 @@
 
 buildGoModule rec {
   pname = "v2ray-core";
-  version = "5.31.0";
+  version = "5.32.0";
 
   src = fetchFromGitHub {
     owner = "v2fly";
     repo = "v2ray-core";
     rev = "v${version}";
-    hash = "sha256-neX3r4Lc1f8N/nSOzc62CArXjQrDRnLaTZPOzf66OCw=";
+    hash = "sha256-8EnJZvcioNJbNHQYbnYEVZnpxNIb8ObhmkqYmisdYIc=";
   };
 
   # `nix-update` doesn't support `vendorHash` yet.
   # https://github.com/Mic92/nix-update/pull/95
-  vendorHash = "sha256-hYWGtp52XEvG4K5eplqsbRS0EweEydVfpA6hypB6SVA=";
+  vendorHash = "sha256-wENi5VgY/pzYlw0CcWAKHAI2M6qfxf2XFAnAJU63YXk=";
 
   ldflags = [
     "-s"