diff --git a/Cargo.lock b/Cargo.lock
index 8787f731c..6c3c99233 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -880,7 +880,7 @@ dependencies = [
 
 [[package]]
 name = "axelarnet-gateway"
-version = "1.0.0"
+version = "0.1.0"
 dependencies = [
  "assert_ok",
  "axelar-core-std",
diff --git a/Cargo.toml b/Cargo.toml
index 2f86cde41..61633b554 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -19,7 +19,7 @@ anyhow = "1.0.89"
 assert_ok = "1.0"
 axelar-wasm-std = { version = "^1.0.0", path = "packages/axelar-wasm-std" }
 axelar-wasm-std-derive = { version = "^1.0.0", path = "packages/axelar-wasm-std-derive" }
-axelarnet-gateway = { version = "^1.0.0", path = "contracts/axelarnet-gateway" }
+axelarnet-gateway = { version = "^0.1.0", path = "contracts/axelarnet-gateway" }
 bcs = "0.1.5"
 client = { version = "^1.0.0", path = "packages/client" }
 coordinator = { version = "^1.0.0", path = "contracts/coordinator" }
diff --git a/contracts/axelarnet-gateway/Cargo.toml b/contracts/axelarnet-gateway/Cargo.toml
index 75d2a5f2e..037bff35f 100644
--- a/contracts/axelarnet-gateway/Cargo.toml
+++ b/contracts/axelarnet-gateway/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "axelarnet-gateway"
-version = "1.0.0"
+version = "0.1.0"
 rust-version = { workspace = true }
 edition = { workspace = true }
 description = "The Axelarnet Gateway contract allows apps on the Axelar Network to send/receive cross-chain messages to/from other chains."