diff --git a/_service b/_service
index 5e40dc9..4140a14 100644
--- a/_service
+++ b/_service
@@ -8,7 +8,7 @@
     <param name="versionformat">@PARENT_TAG@.@TAG_OFFSET@.%h</param>
     <param name="versionrewrite-pattern">v(.*)</param>
     <param name="versionrewrite-replacement">\1</param>
-    <param name="revision">ea52cb54cf0313f165a8015e6b93c9248721a15d</param>
+    <param name="revision">413a2d315ee8485488fb4fdcc0012e029f570b6b</param>
   </service>
   <service name="recompress" mode="manual">
     <param name="file">libfabric*.tar</param>
diff --git a/fabtests.spec b/fabtests.spec
index 3222c41..df8f413 100644
--- a/fabtests.spec
+++ b/fabtests.spec
@@ -16,10 +16,10 @@
 #
 
 
-%define git_ver .0.ea52cb54c
+%define git_ver .0.413a2d315
 
 Name:           fabtests
-Version:        2.3.0
+Version:        2.3.1
 Release:        0
 Summary:        Test suite for libfabric API
 License:        BSD-2-Clause OR GPL-2.0-only
diff --git a/libfabric-2.3.0.0.ea52cb54c.tar.bz2 b/libfabric-2.3.0.0.ea52cb54c.tar.bz2
deleted file mode 100644
index 6c4827c..0000000
--- a/libfabric-2.3.0.0.ea52cb54c.tar.bz2
+++ /dev/null
@@ -1,3 +0,0 @@
-version https://git-lfs.github.com/spec/v1
-oid sha256:39524ff6c1510a98a296c76afb965537e7f7c8135158ea6f71cb51123036f796
-size 3853241
diff --git a/libfabric-2.3.1.0.413a2d315.tar.bz2 b/libfabric-2.3.1.0.413a2d315.tar.bz2
new file mode 100644
index 0000000..2a68c2a
--- /dev/null
+++ b/libfabric-2.3.1.0.413a2d315.tar.bz2
@@ -0,0 +1,3 @@
+version https://git-lfs.github.com/spec/v1
+oid sha256:f62a20b82e7ced35054c33529b132765c84ac141316b092e2d05de2964c91ee4
+size 3865455
diff --git a/libfabric.changes b/libfabric.changes
index d427701..a2b2f1b 100644
--- a/libfabric.changes
+++ b/libfabric.changes
@@ -1,3 +1,74 @@
+-------------------------------------------------------------------
+Thu Oct 23 20:01:17 UTC 2025 - Nicolas Morey <nicolas.morey@suse.com>
+
+- Update to v2.3.1
+  - Core
+    - include/windows: Add definition for realpath()
+  - EFA
+    - Tune recvwindow and peer reorder buffer pool sizes
+    - Allocate peer reorder buffers from a pre-allocated pool
+    - Allocate peer map entry pool during the rdm ep create
+    - Create shm info on demand for efa_rdm_ep_open
+    - Check whether to enable shm inside efa_shm_info_create
+    - Ring doorbell when reaching the max batch wqe cnt
+    - Fix the queued ope progress in ep close
+    - Logging improvements and unit test fix
+    - Grab srx lock when releasing rx entries in AV close
+    - Remove duplicate macro for rdma sge limit
+    - Fix memory leak from efa_srx_unexp_pkt unit test
+    - Fix unit test build error for rdma-core without HAVE_CAPS_UNSOLICITED_WRITE_RECV
+    - Check rdma iov limit in data path direct
+    - Add packet entry flag tracking for double linked list management
+    - Remove the extra dlist remove for peers in ep close
+    - Add traces for completions bypassing util-cq
+    - Update shared domain caps and modes
+    - Move domain check inside the fabric lock
+    - Take domain lock to protect concurrent access to domain fields
+    - Return matching fabric/domain in fi_getinfo
+    - Remove duplicated efa_cq_construct_cq_entry
+    - Fix the memleak for efa_rdm_peer
+    - Introduce error status for ope
+    - Cleanup the queue flags after dlist_remove
+    - Allocate cq err_buf on demand
+    - Bypass util cq in the data path of efa-direct
+    - Fix the unsolicited write recv support in unit-test
+    - Add unit-tests for lock types
+    - Shift the src_addr correctly in sreadfrom
+    - Acquire the same lock for qp lifecycle
+    - Ignore stale cqes from destroyed qps
+    - Use IBV_QUERY_QP_DATA_IN_ORDER_DEVICE_ONLY flag when available
+  - OPX
+    - 0 byte write_data Error
+    - 16B 3-nodes seg fault with openmpi
+    - Atomics and bounce buffer fixes
+    - Only open IPC cache if HMEM initialized and IPC enabled
+    - Fix ROCR IPC build errors
+    - Use getpid() instead of gettid() for POSIX compliancy.
+    - Fix compilation error
+  - RXD
+    - Fix return of EAGAIN when not enough tx entries
+  - UCX
+    - Use noop callback in ucx_inject_write
+    - Add a noop callback function for inject send path
+  - UDP
+    - Cleanup CQ parameters
+    - Fix CQ overflow case
+  - Util
+    - Remove unmatched rx entry from unspec unexpected queue
+    - Add status enum to util rx entry
+    - Extract helper function to lookup existing fabric/domain
+    - Use hints name for fabric/domain lookup
+  - Verbs
+    - Return PCI bus information with fi_getinfo()
+    - Fix compiler warning on the bound of 'strncpy' call
+  - Fabtests
+    - efa: Run FI_MORE test with more iterations
+    - efa: Add implicit AV test
+    - Split OOB address exchange function
+    - efa: Fix the av operation
+    - efa: Improve rnr_read_cq_error test
+- Drop prov-opx-fix-compilation-error.patch which was merged upstream.
+
 -------------------------------------------------------------------
 Mon Sep  8 08:54:07 UTC 2025 - Nicolas Morey <nicolas.morey@suse.com>
 
diff --git a/libfabric.spec b/libfabric.spec
index 14f5584..cb8ee04 100644
--- a/libfabric.spec
+++ b/libfabric.spec
@@ -17,7 +17,7 @@
 
 
 #
-%define git_ver .0.ea52cb54c
+%define git_ver .0.413a2d315
 
 %ifarch aarch64 %power64 x86_64 s390x riscv64
   %if 0%{?suse_version} > 1530
@@ -30,7 +30,7 @@
 %endif
 
 Name:           libfabric
-Version:        2.3.0
+Version:        2.3.1
 Release:        0
 Summary:        User-space RDMA Fabric Interfaces
 License:        BSD-2-Clause OR GPL-2.0-only
@@ -39,7 +39,6 @@ Source:         %{name}-%{version}%{git_ver}.tar.bz2
 Source1:        baselibs.conf
 Source100:      README.md
 Patch0:         libfabric-libtool.patch
-Patch1:         prov-opx-fix-compilation-error.patch
 URL:            http://www.github.com/ofiwg/libfabric
 BuildRequires:  autoconf
 BuildRequires:  automake