diff --git a/livekit-api/livekit/api/version.py b/livekit-api/livekit/api/version.py
index 5becc17c..5c4105cd 100644
--- a/livekit-api/livekit/api/version.py
+++ b/livekit-api/livekit/api/version.py
@@ -1 +1 @@
-__version__ = "1.0.0"
+__version__ = "1.0.1"
diff --git a/livekit-api/setup.py b/livekit-api/setup.py
index 5058eede..c382f1da 100644
--- a/livekit-api/setup.py
+++ b/livekit-api/setup.py
@@ -51,8 +51,8 @@
     install_requires=[
         "pyjwt>=2.0.0",
         "aiohttp>=3.9.0",
-        "protobuf>=4,<5",
-        "types-protobuf>=4,<5",
+        "protobuf>=4",
+        "types-protobuf>=4",
         "livekit-protocol~=1.0",
     ],
     package_data={
diff --git a/livekit-protocol/livekit/protocol/version.py b/livekit-protocol/livekit/protocol/version.py
index 5becc17c..5c4105cd 100644
--- a/livekit-protocol/livekit/protocol/version.py
+++ b/livekit-protocol/livekit/protocol/version.py
@@ -1 +1 @@
-__version__ = "1.0.0"
+__version__ = "1.0.1"
diff --git a/livekit-protocol/setup.py b/livekit-protocol/setup.py
index 9bec5035..4af7ca33 100644
--- a/livekit-protocol/setup.py
+++ b/livekit-protocol/setup.py
@@ -45,8 +45,8 @@
     packages=setuptools.find_namespace_packages(include=["livekit.*"]),
     python_requires=">=3.7.0",
     install_requires=[
-        "protobuf>=3",
-        "types-protobuf>=4,<5",
+        "protobuf>=4",
+        "types-protobuf>=4",
     ],
     package_data={
         "livekit.protocol": ["*.pyi", "**/*.pyi", "py.typed"],