diff --git a/backend/src/main/java/io/papermc/hangar/config/CacheConfig.java b/backend/src/main/java/io/papermc/hangar/config/CacheConfig.java
index 2f6374718..00b555fd3 100644
--- a/backend/src/main/java/io/papermc/hangar/config/CacheConfig.java
+++ b/backend/src/main/java/io/papermc/hangar/config/CacheConfig.java
@@ -42,6 +42,7 @@ public class CacheConfig {
     public static final String AVATARS = "avatars-cache";
     public static final String USERNAME = "username-cache";
     public static final String VERSION_DEPENDENCIES = "version-dependencies-cache";
+    public static final String LATEST_VERSION = "latest-version-cache";
 
     private final CacheMetricsRegistrar cacheMetricsRegistrar;
     private final CaffeineCacheManager cacheManager;
@@ -75,7 +76,7 @@ Cache platformFullCache() {
 
     @Bean(PROJECTS)
     Cache projectsCache() {
-        return this.createCache(PROJECTS, Duration.ofHours(1), 10);
+        return this.createCache(PROJECTS, Duration.ofHours(1), 100);
     }
 
     @Bean(CATEGORIES)
@@ -170,7 +171,7 @@ Cache userSitemapCache() {
 
     @Bean(AVATARS)
     Cache avatarsCache() {
-        return this.createCache(AVATARS, Duration.ofMinutes(30), 200);
+        return this.createCache(AVATARS, Duration.ofMinutes(30), 2000);
     }
 
     @Bean(USERNAME)
@@ -180,7 +181,12 @@ Cache usernameCache() {
 
     @Bean(VERSION_DEPENDENCIES)
     Cache versionDependenciesCache() {
-        return this.createCache(VERSION_DEPENDENCIES, Duration.ofMinutes(30), 200);
+        return this.createCache(VERSION_DEPENDENCIES, Duration.ofMinutes(30), 2000);
+    }
+
+    @Bean(LATEST_VERSION)
+    Cache latestVersionCache() {
+        return this.createCache(LATEST_VERSION, Duration.ofMinutes(30), 2000);
     }
 
     @PostConstruct
diff --git a/backend/src/main/java/io/papermc/hangar/service/api/VersionsApiService.java b/backend/src/main/java/io/papermc/hangar/service/api/VersionsApiService.java
index 554826d6e..4e0c36ea2 100644
--- a/backend/src/main/java/io/papermc/hangar/service/api/VersionsApiService.java
+++ b/backend/src/main/java/io/papermc/hangar/service/api/VersionsApiService.java
@@ -30,6 +30,7 @@
 import java.util.stream.Stream;
 import org.checkerframework.checker.nullness.qual.Nullable;
 import org.springframework.beans.factory.annotation.Autowired;
+import org.springframework.cache.annotation.Cacheable;
 import org.springframework.http.HttpStatus;
 import org.springframework.stereotype.Service;
 import org.springframework.transaction.annotation.Transactional;
@@ -192,10 +193,12 @@ public Map<String, VersionStats> getVersionStats(final String slug, final String
         return this.versionsApiDAO.getVersionStats(slug, versionString, fromDate, toDate);
     }
 
+    @Cacheable("latestVersion")
     public @Nullable String latestVersion(final String slug) {
         return this.latestVersion(slug, this.config.channels.nameDefault());
     }
 
+    @Cacheable("latestVersion")
     public @Nullable String latestVersion(final String slug, final String channel) {
         final boolean canSeeHidden = this.getGlobalPermissions().has(Permission.SeeHidden);
         final String version = this.versionsApiDAO.getLatestVersion(slug, channel, canSeeHidden, this.getHangarUserId());