diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 8935e932..b8dda9bf 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.28.0"
+  ".": "0.29.0"
 }
\ No newline at end of file
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 03b2d463..9ba30f5a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -5,6 +5,19 @@ All notable changes to this project will be documented in this file.
 The format is based on [Keep a Changelog](http://keepachangelog.com/en/1.0.0/)
 and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.html).
 
+## 0.29.0 (2026-05-27)
+
+Full Changelog: [v0.28.0...v0.29.0](https://github.com/openlayer-ai/openlayer-python/compare/v0.28.0...v0.29.0)
+
+### Features
+
+* **closes OPEN-10364:** make tracers init-based ([8d688ea](https://github.com/openlayer-ai/openlayer-python/commit/8d688ea0ff4260a345a9f2b9d74c8373a9e19468))
+
+
+### Bug Fixes
+
+* make portkey & google_adk auto-instrumentation idempotent ([818608f](https://github.com/openlayer-ai/openlayer-python/commit/818608f0f375992412c27cb4e48b29d0c32fd257))
+
 ## 0.28.0 (2026-05-22)
 
 Full Changelog: [v0.27.3...v0.28.0](https://github.com/openlayer-ai/openlayer-python/compare/v0.27.3...v0.28.0)
diff --git a/pyproject.toml b/pyproject.toml
index e984690d..315b9f90 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "openlayer"
-version = "0.28.0"
+version = "0.29.0"
 description = "The official Python library for the openlayer API"
 dynamic = ["readme"]
 license = "Apache-2.0"
diff --git a/src/openlayer/_version.py b/src/openlayer/_version.py
index 35ea85de..c17c4704 100644
--- a/src/openlayer/_version.py
+++ b/src/openlayer/_version.py
@@ -1,4 +1,4 @@
 # File generated from our OpenAPI spec by Stainless. See CONTRIBUTING.md for details.
 
 __title__ = "openlayer"
-__version__ = "0.28.0"  # x-release-please-version
+__version__ = "0.29.0"  # x-release-please-version