diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1b1f7425d6f..9b2fc9d99ec 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,14 @@
 
 ### Non-protocol Changes
 
+## 1.39.0
+
+### Protocol Changes
+
+* Use more precise gas costs for function calls [#10943](https://github.com/near/nearcore/pull/10943) that should lead to more efficient chunk utilization. 
+
+### Non-protocol Changes
+
 ## 1.37.0
 
 ### Protocol Changes