diff --git a/api/common.go b/api/common.go
index 4a0a5d5832..255a81aedd 100644
--- a/api/common.go
+++ b/api/common.go
@@ -3,7 +3,7 @@ package api // import "github.com/docker/docker/api"
 // Common constants for daemon and client.
 const (
 	// DefaultVersion of Current REST API
-	DefaultVersion = "1.37"
+	DefaultVersion = "1.38"
 
 	// NoBaseImageSpecifier is the symbol used by the FROM
 	// command to specify that no base image is to be used.
diff --git a/api/swagger.yaml b/api/swagger.yaml
index dcbed2a2c5..fe4e2d6494 100644
--- a/api/swagger.yaml
+++ b/api/swagger.yaml
@@ -19,10 +19,10 @@ produces:
 consumes:
   - "application/json"
   - "text/plain"
-basePath: "/v1.37"
+basePath: "/v1.38"
 info:
   title: "Docker Engine API"
-  version: "1.37"
+  version: "1.38"
   x-logo:
     url: "https://docs.docker.com/images/logo-docker-main.png"
   description: |
@@ -49,8 +49,8 @@ info:
     the URL is not supported by the daemon, a HTTP `400 Bad Request` error message
     is returned.
 
-    If you omit the version-prefix, the current version of the API (v1.37) is used.
-    For example, calling `/info` is the same as calling `/v1.37/info`. Using the
+    If you omit the version-prefix, the current version of the API (v1.38) is used.
+    For example, calling `/info` is the same as calling `/v1.38/info`. Using the
     API without a version-prefix is deprecated and will be removed in a future release.
 
     Engine releases in the near future should support this version of the API,
diff --git a/docs/api/version-history.md b/docs/api/version-history.md
index 8c56a1c19f..749d9788f6 100644
--- a/docs/api/version-history.md
+++ b/docs/api/version-history.md
@@ -15,6 +15,9 @@ keywords: "API, Docker, rcli, REST, documentation"
 
 ## V1.38 API changes
 
+[Docker Engine API v1.38](https://docs.docker.com/engine/api/v1.38/) documentation
+
+
 * `GET /tasks` and `GET /tasks/{id}` now return a `NetworkAttachmentSpec` field,
   containing the `ContainerID` for non-service containers connected to "attachable"
   swarm-scoped networks.
diff --git a/integration/build/build_test.go b/integration/build/build_test.go
index 83d992d14f..ee9631d3ff 100644
--- a/integration/build/build_test.go
+++ b/integration/build/build_test.go
@@ -175,7 +175,7 @@ func TestBuildMultiStageParentConfig(t *testing.T) {
 
 // Test cases in #36996
 func TestBuildLabelWithTargets(t *testing.T) {
-	skip.If(t, versions.LessThan(testEnv.DaemonAPIVersion(), "1.37"), "test added after 1.37")
+	skip.If(t, versions.LessThan(testEnv.DaemonAPIVersion(), "1.38"), "test added after 1.38")
 	bldName := "build-a"
 	testLabels := map[string]string{
 		"foo":  "bar",