diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4cd23698e..332bdd593 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -15,6 +15,7 @@ The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
 
 ### Changed
 
+- Updated lbry-sdk to [0.59.1](https://github.com/lbryio/lbry-sdk/releases/tag/v0.59.1)
 - Improvements to text file layouts ([#3511](https://github.com/lbryio/lbry-desktop/pull/3511))
 
 ### Fixed
diff --git a/package.json b/package.json
index 14337500d..d6b476322 100644
--- a/package.json
+++ b/package.json
@@ -209,7 +209,7 @@
     "yarn": "^1.3"
   },
   "lbrySettings": {
-    "lbrynetDaemonVersion": "0.54.1",
+    "lbrynetDaemonVersion": "0.59.1",
     "lbrynetDaemonUrlTemplate": "https://github.com/lbryio/lbry/releases/download/vDAEMONVER/lbrynet-OSNAME.zip",
     "lbrynetDaemonDir": "static/daemon",
     "lbrynetDaemonFileName": "lbrynet"