diff --git a/.github/workflows/asio__build-target-test.yml b/.github/workflows/asio__build-target-test.yml
index a8d70d656..b7d0e1556 100644
--- a/.github/workflows/asio__build-target-test.yml
+++ b/.github/workflows/asio__build-target-test.yml
@@ -13,7 +13,7 @@ jobs:
     name: Build
     strategy:
       matrix:
-        idf_ver: ["latest", "release-v5.0", "release-v5.1", "release-v5.2", "release-v5.3"]
+        idf_ver: ["latest", "release-v5.0", "release-v5.1", "release-v5.2", "release-v5.3", "release-v5.4"]
         idf_target: ["esp32", "esp32s2"]
         example: ["asio_chat", "async_request", "socks4", "ssl_client_server", "tcp_echo_server", "udp_echo_server"]
     runs-on: ubuntu-22.04
@@ -64,7 +64,7 @@ jobs:
     name: Target tests
     strategy:
       matrix:
-        idf_ver: ["latest", "release-v5.0", "release-v5.2", "release-v5.3"]
+        idf_ver: ["latest", "release-v5.1", "release-v5.2", "release-v5.3", "release-v5.4"]
         idf_target: ["esp32"]
         example: ["asio_chat", "tcp_echo_server", "udp_echo_server", "ssl_client_server"]
     needs: build_asio
diff --git a/.gitmodules b/.gitmodules
index 60b373071..391f57233 100644
--- a/.gitmodules
+++ b/.gitmodules
@@ -1,6 +1,6 @@
 [submodule "components/asio/asio"]
 	path = components/asio/asio
-	url = https://github.com/espressif/asio
+	url = https://github.com/chriskohlhoff/asio
 [submodule "components/mosquitto/mosquitto"]
 	path = components/mosquitto/mosquitto
 	url = https://github.com/eclipse/mosquitto
diff --git a/components/asio/.cz.yaml b/components/asio/.cz.yaml
index a993a1389..f48d4ec79 100644
--- a/components/asio/.cz.yaml
+++ b/components/asio/.cz.yaml
@@ -1,7 +1,8 @@
+---
 commitizen:
   bump_message: 'bump(asio): $current_version -> $new_version'
   pre_bump_hooks: python ../../ci/changelog.py asio
   tag_format: asio-v$version
-  version: 1.28.0~0
+  version: 1.32.0
   version_files:
   - idf_component.yml
diff --git a/components/asio/CHANGELOG.md b/components/asio/CHANGELOG.md
index 06d4dbae2..48688264e 100644
--- a/components/asio/CHANGELOG.md
+++ b/components/asio/CHANGELOG.md
@@ -1,5 +1,26 @@
 # Changelog
 
+## [1.32.0](https://github.com/espressif/esp-protocols/commits/asio-v1.32.0)
+
+### Features
+
+- Upgrade asio to 1.32 ([9bdd429c](https://github.com/espressif/esp-protocols/commit/9bdd429c))
+- Drop esp/asio patches in favor of sock-utils ([27435b7f](https://github.com/espressif/esp-protocols/commit/27435b7f))
+
+### Bug Fixes
+
+- Fix chat example to print only the message body ([76aaea08](https://github.com/espressif/esp-protocols/commit/76aaea08))
+- Make asio enable if_nametoindex to fix linking ([5db32cce](https://github.com/espressif/esp-protocols/commit/5db32cce))
+- Re-applie refs to common comps idf_component.yml ([9fe44a45](https://github.com/espressif/esp-protocols/commit/9fe44a45))
+- Reference common component from IDF ([74fc228c](https://github.com/espressif/esp-protocols/commit/74fc228c))
+- Revert referencing protocol_examples_common from IDF ([f9e0281a](https://github.com/espressif/esp-protocols/commit/f9e0281a))
+- reference protocol_examples_common from IDF ([09abb18b](https://github.com/espressif/esp-protocols/commit/09abb18b))
+- specify override_path in example manifest files ([1d8923cf](https://github.com/espressif/esp-protocols/commit/1d8923cf))
+
+### Updated
+
+- docs(asio): Updates asio docs ([ce9337d3](https://github.com/espressif/esp-protocols/commit/ce9337d3))
+
 ## [1.28.2~0](https://github.com/espressif/esp-protocols/commits/asio-1.28.2_0)
 
 ### Bug Fixes
diff --git a/components/asio/CMakeLists.txt b/components/asio/CMakeLists.txt
index 3ec69bac4..8aebfc71b 100644
--- a/components/asio/CMakeLists.txt
+++ b/components/asio/CMakeLists.txt
@@ -6,8 +6,8 @@ if(NOT CONFIG_LWIP_IPV6 AND NOT CMAKE_BUILD_EARLY_EXPANSION)
     return()
 endif()
 
-set(asio_sources "asio/asio/src/asio.cpp")
-set(asio_requires lwip)
+set(asio_sources "asio/asio/src/asio.cpp" "port/src/asio_stub.cpp")
+set(asio_requires lwip sock_utils)
 
 if(CONFIG_ASIO_SSL_SUPPORT)
     list(APPEND asio_sources
@@ -18,7 +18,7 @@ if(CONFIG_ASIO_SSL_SUPPORT)
 endif()
 
 idf_component_register(SRCS ${asio_sources}
-                    INCLUDE_DIRS "asio/asio/include" "port/include"
+                    INCLUDE_DIRS "port/include" "asio/asio/include"
                     PRIV_INCLUDE_DIRS ${asio_priv_includes}
                     PRIV_REQUIRES ${asio_requires})
 
@@ -30,6 +30,7 @@ target_compile_definitions(${COMPONENT_LIB} PUBLIC SA_RESTART=0x01
                                                    ASIO_STANDALONE
                                                    ASIO_HAS_PTHREADS
                                                    OPENSSL_NO_ENGINE
+                                                   ASIO_DETAIL_IMPL_POSIX_EVENT_IPP  # this replaces asio's posix_event constructor
 )
 
 if(NOT CONFIG_COMPILER_CXX_EXCEPTIONS)
diff --git a/components/asio/Kconfig b/components/asio/Kconfig
index 8b46ae065..b8a30b7d3 100644
--- a/components/asio/Kconfig
+++ b/components/asio/Kconfig
@@ -1,6 +1,15 @@
 menu "ESP-ASIO"
     visible if LWIP_IPV6
 
+    config ASIO_IS_ENABLED
+        # Invisible option that is enabled if ASIO is added to the IDF components.
+        # This is used to "select" LWIP_NETIF_API option
+        # which enables if_indextoname() and if_nametoindex() functions
+        # (these are optionally used in asio)
+        bool
+        default "y"
+        select LWIP_NETIF_API
+
     config ASIO_SSL_SUPPORT
         bool "Enable SSL/TLS support of ASIO"
         default n
diff --git a/components/asio/asio b/components/asio/asio
index a2e0f70d6..03ae834ed 160000
--- a/components/asio/asio
+++ b/components/asio/asio
@@ -1 +1 @@
-Subproject commit a2e0f70d612309f4623bd43d8a26629bd716bb2c
+Subproject commit 03ae834edbace31a96157b89bf50e5ee464e5ef9
diff --git a/components/asio/examples/asio_chat/main/server.hpp b/components/asio/examples/asio_chat/main/server.hpp
index 971c19d2f..af2c4a47f 100644
--- a/components/asio/examples/asio_chat/main/server.hpp
+++ b/components/asio/examples/asio_chat/main/server.hpp
@@ -120,7 +120,7 @@ private:
                          asio::buffer(read_msg_.body(), read_msg_.body_length()),
         [this, self](std::error_code ec, std::size_t /*length*/) {
             if (!ec) {
-                ESP_LOGD("asio-chat:", "%s", read_msg_.body());
+                ESP_LOGD("asio-chat", "%.*s", read_msg_.body_length(), read_msg_.body());
                 room_.deliver(read_msg_);
                 do_read_header();
             } else {
diff --git a/components/asio/idf_component.yml b/components/asio/idf_component.yml
index a54601f0f..3708c8510 100644
--- a/components/asio/idf_component.yml
+++ b/components/asio/idf_component.yml
@@ -7,3 +7,5 @@ repository: https://github.com/espressif/esp-protocols.git
 dependencies:
   idf:
     version: ">=5.0"
+  espressif/sock_utils:
+    version: "^0.1"
diff --git a/components/asio/port/include/asio/detail/config.hpp b/components/asio/port/include/asio/detail/config.hpp
new file mode 100644
index 000000000..288fe08b8
--- /dev/null
+++ b/components/asio/port/include/asio/detail/config.hpp
@@ -0,0 +1,11 @@
+//
+// SPDX-FileCopyrightText: 2024 Espressif Systems (Shanghai) CO LTD
+//
+// SPDX-License-Identifier: BSL-1.0
+//
+#pragma once
+
+#include "sys/socket.h"
+#include "socketpair.h"
+
+#include_next "asio/detail/config.hpp"
diff --git a/components/asio/port/include/openssl_stub.hpp b/components/asio/port/include/asio/ssl/detail/openssl_types.hpp
similarity index 100%
rename from components/asio/port/include/openssl_stub.hpp
rename to components/asio/port/include/asio/ssl/detail/openssl_types.hpp
diff --git a/components/asio/port/include/esp_asio_config.h b/components/asio/port/include/esp_asio_config.h
deleted file mode 100644
index 2ad9c79c7..000000000
--- a/components/asio/port/include/esp_asio_config.h
+++ /dev/null
@@ -1,12 +0,0 @@
-/*
- * SPDX-FileCopyrightText: 2018-2023 Espressif Systems (Shanghai) CO LTD
- *
- * SPDX-License-Identifier: Apache-2.0
- */
-#ifndef _ESP_ASIO_CONFIG_H_
-#define _ESP_ASIO_CONFIG_H_
-
-#define ASIO_SSL_DETAIL_OPENSSL_TYPES_HPP
-#include "openssl_stub.hpp"
-
-#endif // _ESP_ASIO_CONFIG_H_
diff --git a/components/asio/port/mbedtls/src/mbedtls_context.cpp b/components/asio/port/mbedtls/src/mbedtls_context.cpp
index bf9220ad5..4b3e2f418 100644
--- a/components/asio/port/mbedtls/src/mbedtls_context.cpp
+++ b/components/asio/port/mbedtls/src/mbedtls_context.cpp
@@ -8,7 +8,7 @@
 //
 
 #include "asio/detail/config.hpp"
-#include "openssl_stub.hpp"
+#include "asio/ssl/detail/openssl_types.hpp"
 #include <cstring>
 #include "asio/detail/throw_error.hpp"
 #include "asio/error.hpp"
diff --git a/components/asio/port/mbedtls/src/mbedtls_engine.cpp b/components/asio/port/mbedtls/src/mbedtls_engine.cpp
index 1d97b3a73..1c03a3284 100644
--- a/components/asio/port/mbedtls/src/mbedtls_engine.cpp
+++ b/components/asio/port/mbedtls/src/mbedtls_engine.cpp
@@ -7,7 +7,7 @@
 //
 
 #include "asio/detail/config.hpp"
-#include "openssl_stub.hpp"
+#include "asio/ssl/detail/openssl_types.hpp"
 #include "asio/detail/throw_error.hpp"
 #include "asio/error.hpp"
 #include "asio/ssl/detail/engine.hpp"
diff --git a/components/asio/port/src/asio_stub.cpp b/components/asio/port/src/asio_stub.cpp
new file mode 100644
index 000000000..ebc0c93f6
--- /dev/null
+++ b/components/asio/port/src/asio_stub.cpp
@@ -0,0 +1,36 @@
+//
+// SPDX-FileCopyrightText: 2003-2023 Christopher M. Kohlhoff (chris at kohlhoff dot com)
+//
+// SPDX-License-Identifier: BSL-1.0
+//
+// SPDX-FileContributor: 2024 Espressif Systems (Shanghai) CO LTD
+//
+#include "asio/detail/posix_event.hpp"
+#include "asio/detail/throw_error.hpp"
+#include "asio/error.hpp"
+#include "asio/detail/push_options.hpp"
+#include <unistd.h>
+#include <climits>
+
+namespace asio::detail {
+// This replaces asio's posix_event constructor
+// since the default POSIX version uses pthread_condattr_t operations (init, setclock, destroy),
+// which are not available on all IDF versions (some are defined in compilers' headers, others in
+// pthread library, but they typically return `ENOSYS` which causes trouble in the event wrapper)
+// IMPORTANT: Check implementation of posix_event() when upgrading upstream asio in order not to
+// miss any initialization step.
+posix_event::posix_event()
+    : state_(0)
+{
+    int error = ::pthread_cond_init(&cond_, nullptr);
+    asio::error_code ec(error, asio::error::get_system_category());
+    asio::detail::throw_error(ec, "event");
+}
+} // namespace asio::detail
+
+extern "C" int pause (void)
+{
+    while (true) {
+        ::sleep(UINT_MAX);
+    }
+}