diff --git a/package/network/config/netifd/Makefile b/package/network/config/netifd/Makefile
index d237ed181f4..b9f0e692d53 100644
--- a/package/network/config/netifd/Makefile
+++ b/package/network/config/netifd/Makefile
@@ -1,13 +1,13 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=netifd
-PKG_RELEASE:=1.1
+PKG_RELEASE:=1
 
 PKG_SOURCE_PROTO:=git
 PKG_SOURCE_URL=$(PROJECT_GIT)/project/netifd.git
-PKG_SOURCE_DATE:=2023-11-10
-PKG_SOURCE_VERSION:=35facc8306f590a7330789ab6d5785c0d43073ef
-PKG_MIRROR_HASH:=4f73591ae1873e18df235349e478f2196ca0d3123c313a04149dc9d5e2bfb403
+PKG_SOURCE_DATE:=2024-01-04
+PKG_SOURCE_VERSION:=c18cc79d50002ab8529c21184aceb016c61ac61c
+PKG_MIRROR_HASH:=0a1080ade51dc4a55249c8899d4d384f665e0d21075adab24ea23a2808165e05
 PKG_MAINTAINER:=Felix Fietkau <nbd@nbd.name>
 
 PKG_LICENSE:=GPL-2.0
diff --git a/package/network/config/netifd/patches/0001-interface-ip-fix-IPv4-route-target-masking.patch b/package/network/config/netifd/patches/0001-interface-ip-fix-IPv4-route-target-masking.patch
deleted file mode 100644
index dd9374a83cf..00000000000
--- a/package/network/config/netifd/patches/0001-interface-ip-fix-IPv4-route-target-masking.patch
+++ /dev/null
@@ -1,32 +0,0 @@
-From 8587c074f1eb2064c42adb0a6aa5073f695ab89d Mon Sep 17 00:00:00 2001
-From: Jo-Philipp Wich <jo@mein.io>
-Date: Tue, 14 Nov 2023 14:01:44 +0100
-Subject: [PATCH] interface-ip: fix IPv4 route target masking
-
-A previous commit supposed to mask out excess host bits in route targets
-failed to correctly calculate the mask value, causing it to produce
-improper results for certain mask lengths.
-
-Fixes: #17
-Fixes: 76eb342 ("interface-ip: mask out host bits in IPv4 route targets")
-Signed-off-by: Jo-Philipp Wich <jo@mein.io>
----
- interface-ip.c | 2 +-
- 1 file changed, 1 insertion(+), 1 deletion(-)
-
-diff --git a/interface-ip.c b/interface-ip.c
-index d2fe385..28e7106 100644
---- a/interface-ip.c
-+++ b/interface-ip.c
-@@ -448,7 +448,7 @@ interface_ip_add_route(struct interface *iface, struct blob_attr *attr, bool v6)
- 
- 		/* Mask out IPv4 host bits to avoid "Invalid prefix for given prefix length" */
- 		if (af == AF_INET && route->mask < 32)
--			route->addr.in.s_addr &= ((1u << route->mask) - 1);
-+			clear_if_addr(&route->addr, route->mask);
- 	}
- 
- 	if ((cur = tb[ROUTE_GATEWAY]) != NULL) {
--- 
-2.39.1
-