diff --git a/libs/libedit/Makefile b/libs/libedit/Makefile
index 670591235f6e9e..56852bc38b045e 100644
--- a/libs/libedit/Makefile
+++ b/libs/libedit/Makefile
@@ -7,16 +7,20 @@
 
 include $(TOPDIR)/rules.mk
 
+VERSION:=3.1
+RELEASE_DATE:=20240808
+
 PKG_NAME:=libedit
-PKG_VERSION:=20240517-3.1
+PKG_VERSION:=$(RELEASE_DATE).$(VERSION)
 PKG_RELEASE:=1
 
 PKG_MAINTAINER:=Daniel Salzman <daniel.salzman@nic.cz>
 PKG_LICENSE:=BSD-3-Clause
 
-PKG_SOURCE:=$(PKG_NAME)-$(PKG_VERSION).tar.gz
-PKG_SOURCE_URL:=http://thrysoee.dk/editline/
-PKG_HASH:=3a489097bb4115495f3bd85ae782852b7097c556d9500088d74b6fa38dbd12ff
+PKG_BUILD_DIR:=$(BUILD_DIR)/$(PKG_NAME)-$(RELEASE_DATE)-$(VERSION)
+PKG_SOURCE:=$(PKG_NAME)-$(RELEASE_DATE)-$(VERSION).tar.gz
+PKG_SOURCE_URL:=https://thrysoee.dk/editline/
+PKG_HASH:=5f0573349d77c4a48967191cdd6634dd7aa5f6398c6a57fe037cc02696d6099f
 
 PKG_INSTALL:=1