diff --git a/net/v2ray-core/Makefile b/net/v2ray-core/Makefile
index db526da72..1263b9dcc 100644
--- a/net/v2ray-core/Makefile
+++ b/net/v2ray-core/Makefile
@@ -5,12 +5,12 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=v2ray-core
-PKG_VERSION:=5.3.0
+PKG_VERSION:=5.4.0
 PKG_RELEASE:=1
 
 PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
 PKG_SOURCE_URL:=https://codeload.github.com/v2fly/v2ray-core/tar.gz/v$(PKG_VERSION)?
-PKG_HASH:=8e97e2647cb1dee8aa7e71df276c56d74258b2d97bb490a362afa84bdf1b9e25
+PKG_HASH:=86be35461a9dc7d037e0045771d99f1eae284fdb7aa0818a6782d18b6b003fca
 
 PKG_LICENSE:=MIT
 PKG_LICENSE_FILES:=LICENSE