diff --git a/.github/workflows/ci.yml b/.github/workflows/ci.yml
index 5b7545e..d658a3d 100644
--- a/.github/workflows/ci.yml
+++ b/.github/workflows/ci.yml
@@ -119,15 +119,15 @@ jobs:
         run: git submodule update --init --recursive
       - run: cargo test --manifest-path components/conformance-tests/Cargo.toml
 
-  dwarf:
-    name: Dwarf feature
+  non-dwarf:
+    name: Without dwarf feature
     runs-on: ubuntu-latest
     steps:
       - uses: actions/checkout@v3
       - name: Checkout submodule
         run: git submodule update --init --recursive
-      - run: cargo test --features=dwarf
-      - run: cargo test --features=dwarf --manifest-path components/conformance-tests/Cargo.toml
+      - run: cargo test --no-default-features
+      - run: cargo test --no-default-features --manifest-path components/conformance-tests/Cargo.toml
 
   fmt:
     name: Cargo fmt
diff --git a/Cargo.lock b/Cargo.lock
index 5de1039..abcd8b7 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -272,7 +272,7 @@ checksum = "c0edd1e5b14653f783770bce4a4dabb4a5108a5370a5f5d8cfe8710c361f6c8b"
 
 [[package]]
 name = "wasm-opt"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "libc",
@@ -286,7 +286,7 @@ dependencies = [
 
 [[package]]
 name = "wasm-opt-cxx-sys"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "cxx",
@@ -296,7 +296,7 @@ dependencies = [
 
 [[package]]
 name = "wasm-opt-sys"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "cc",
diff --git a/binaryen b/binaryen
index 1fb1a2e..11dba9b 160000
--- a/binaryen
+++ b/binaryen
@@ -1 +1 @@
-Subproject commit 1fb1a2e2970472e9e93f9de94c8a2c674d0a0581
+Subproject commit 11dba9b1c2ad988500b329727f39f4d8786918c5
diff --git a/components/conformance-tests/Cargo.lock b/components/conformance-tests/Cargo.lock
index 736e27c..4873bc1 100644
--- a/components/conformance-tests/Cargo.lock
+++ b/components/conformance-tests/Cargo.lock
@@ -41,7 +41,7 @@ dependencies = [
 
 [[package]]
 name = "conformance-tests"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "tempfile",
@@ -281,7 +281,7 @@ checksum = "c0edd1e5b14653f783770bce4a4dabb4a5108a5370a5f5d8cfe8710c361f6c8b"
 
 [[package]]
 name = "wasm-opt"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "libc",
@@ -295,7 +295,7 @@ dependencies = [
 
 [[package]]
 name = "wasm-opt-cxx-sys"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "cxx",
@@ -305,7 +305,7 @@ dependencies = [
 
 [[package]]
 name = "wasm-opt-sys"
-version = "0.114.1"
+version = "0.116.0"
 dependencies = [
  "anyhow",
  "cc",
diff --git a/components/conformance-tests/Cargo.toml b/components/conformance-tests/Cargo.toml
index b928c4e..476edb8 100644
--- a/components/conformance-tests/Cargo.toml
+++ b/components/conformance-tests/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "conformance-tests"
-version = "0.114.2"
+version = "0.116.0"
 description = "Tests against binaryen"
 license = "MIT / Apache-2.0"
 edition = "2018"
@@ -11,9 +11,9 @@ anyhow = "1.0.58"
 
 [dev-dependencies]
 anyhow = "1.0.58"
-wasm-opt = { path = "../wasm-opt", version = "0.114.2" }
+wasm-opt = { path = "../wasm-opt", version = "0.116.0", default-features = false }
 tempfile = "3.3.0"
 
 [features]
-default = []
+default = ["dwarf"]
 dwarf = ["wasm-opt/dwarf"]
diff --git a/components/conformance-tests/build.rs b/components/conformance-tests/build.rs
index 6f35a6b..d8aca97 100644
--- a/components/conformance-tests/build.rs
+++ b/components/conformance-tests/build.rs
@@ -65,8 +65,7 @@ fn build_rust_wasm_opt() -> Result<()> {
     let dirs = get_dirs()?;
 
     let mut cmd = Command::new("cargo");
-    cmd
-        .current_dir(dirs.workspace)
+    cmd.current_dir(dirs.workspace)
         .args(["build", "-p", "wasm-opt", "--release"]);
 
     #[cfg(feature = "dwarf")]
diff --git a/components/wasm-opt-cxx-sys/Cargo.toml b/components/wasm-opt-cxx-sys/Cargo.toml
index c2b2b8d..38bd9e4 100644
--- a/components/wasm-opt-cxx-sys/Cargo.toml
+++ b/components/wasm-opt-cxx-sys/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wasm-opt-cxx-sys"
-version = "0.114.2"
+version = "0.116.0"
 description = "wasm-opt bindings via cxx"
 license = "MIT / Apache-2.0"
 edition = "2018"
@@ -11,7 +11,7 @@ readme = "README.md"
 [dependencies]
 anyhow = "1.0.58"
 cxx = "1.0.79"
-wasm-opt-sys = { path = "../wasm-opt-sys", version = "0.114.2" }
+wasm-opt-sys = { path = "../wasm-opt-sys", version = "0.116.0", default-features = false }
 
 [build-dependencies]
 anyhow = "1.0.58"
diff --git a/components/wasm-opt-cxx-sys/src/shims.h b/components/wasm-opt-cxx-sys/src/shims.h
index 8633e69..d2dee3c 100644
--- a/components/wasm-opt-cxx-sys/src/shims.h
+++ b/components/wasm-opt-cxx-sys/src/shims.h
@@ -259,16 +259,14 @@ namespace wasm_shims {
     f.push_back(wasm::FeatureSet::Feature::Multivalue);
     f.push_back(wasm::FeatureSet::Feature::GC);
     f.push_back(wasm::FeatureSet::Feature::Memory64);
-    f.push_back(wasm::FeatureSet::Feature::GCNNLocals);
     f.push_back(wasm::FeatureSet::Feature::RelaxedSIMD);
     f.push_back(wasm::FeatureSet::Feature::ExtendedConst);
     f.push_back(wasm::FeatureSet::Feature::Strings);
-    f.push_back(wasm::FeatureSet::Feature::MultiMemories);
+    f.push_back(wasm::FeatureSet::Feature::MultiMemory);
     // This is not part of the Rust API because it has the same value as None.
     // f.push_back(wasm::FeatureSet::Feature::MVP);
     f.push_back(wasm::FeatureSet::Feature::Default);
     f.push_back(wasm::FeatureSet::Feature::All);
-    f.push_back(wasm::FeatureSet::Feature::AllPossible);
 
     return std::make_unique<std::vector<uint32_t>>(f);
   }
diff --git a/components/wasm-opt-sys/Cargo.toml b/components/wasm-opt-sys/Cargo.toml
index 40b27e6..79cf74d 100644
--- a/components/wasm-opt-sys/Cargo.toml
+++ b/components/wasm-opt-sys/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wasm-opt-sys"
-version = "0.114.2"
+version = "0.116.0"
 description = "Native wasm-opt build"
 license = "MIT / Apache-2.0"
 edition = "2018"
@@ -18,5 +18,5 @@ cxx-build = "1.0.79"
 cxx = "1.0.79"
 
 [features]
-default = []
+default = ["dwarf"]
 dwarf = []
\ No newline at end of file
diff --git a/components/wasm-opt-sys/build.rs b/components/wasm-opt-sys/build.rs
index 68e5c54..2cb2e9e 100644
--- a/components/wasm-opt-sys/build.rs
+++ b/components/wasm-opt-sys/build.rs
@@ -147,6 +147,10 @@ fn get_converted_wasm_opt_cpp(src_dir: &Path) -> anyhow::Result<PathBuf> {
 }
 
 fn get_src_files(src_dir: &Path) -> anyhow::Result<Vec<PathBuf>> {
+    let analysis_dir = src_dir.join("analysis");
+    let analysis_files = ["cfg.cpp"];
+    let analysis_files = analysis_files.iter().map(|f| analysis_dir.join(f));
+
     let wasm_dir = src_dir.join("wasm");
     let wasm_files = [
         "literal.cpp",
@@ -155,6 +159,7 @@ fn get_src_files(src_dir: &Path) -> anyhow::Result<Vec<PathBuf>> {
         "wasm-debug.cpp",
         "wasm-emscripten.cpp",
         "wasm-interpreter.cpp",
+        "wasm-ir-builder.cpp",
         "wasm-io.cpp",
         "wasm-stack.cpp",
         "wasm-s-parser.cpp",
@@ -222,6 +227,7 @@ fn get_src_files(src_dir: &Path) -> anyhow::Result<Vec<PathBuf>> {
 
     let src_files: Vec<_> = None
         .into_iter()
+        .chain(analysis_files)
         .chain(wasm_files)
         .chain(support_files)
         .chain(ir_files)
@@ -338,7 +344,7 @@ fn create_config_header() -> anyhow::Result<()> {
     let output_dir = Path::new(&output_dir);
     let config_file = output_dir.join("config.h");
 
-    let config_text = "#define PROJECT_VERSION \"114 (version_114)\"";
+    let config_text = "#define PROJECT_VERSION \"116 (version_116)\"";
 
     fs::write(&config_file, config_text)?;
 
diff --git a/components/wasm-opt/Cargo.toml b/components/wasm-opt/Cargo.toml
index d06a06e..1c0bea9 100644
--- a/components/wasm-opt/Cargo.toml
+++ b/components/wasm-opt/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "wasm-opt"
-version = "0.114.2"
+version = "0.116.0"
 description = "wasm-opt bindings"
 license = "MIT / Apache-2.0"
 edition = "2018"
@@ -12,13 +12,13 @@ readme = "README.md"
 [dependencies]
 anyhow = "1.0.58"
 libc = "0.2.126"
-wasm-opt-sys = { path = "../wasm-opt-sys", version = "0.114.2" }
-wasm-opt-cxx-sys = { path = "../wasm-opt-cxx-sys", version = "0.114.2" }
+wasm-opt-sys = { path = "../wasm-opt-sys", version = "0.116.0", default-features = false }
+wasm-opt-cxx-sys = { path = "../wasm-opt-cxx-sys", version = "0.116.0" }
 strum = "0.24"
 strum_macros = "0.24"
 thiserror = "1.0.32"
 tempfile = "3.3.0"
 
 [features]
-default = []
+default = ["dwarf"]
 dwarf = ["wasm-opt-sys/dwarf"]
\ No newline at end of file
diff --git a/components/wasm-opt/src/base.rs b/components/wasm-opt/src/base.rs
index 02cfe9a..02366cc 100644
--- a/components/wasm-opt/src/base.rs
+++ b/components/wasm-opt/src/base.rs
@@ -320,20 +320,17 @@ pub enum Feature {
     Multivalue = 1 << 9,
     Gc = 1 << 10,
     Memory64 = 1 << 11,
-    // TODO: Remove this feature when the wasm spec stabilizes.
-    GcNnLocals = 1 << 12,
-    RelaxedSimd = 1 << 13,
-    ExtendedConst = 1 << 14,
-    Strings = 1 << 15,
-    MultiMemories = 1 << 16,
+    RelaxedSimd = 1 << 12,
+    ExtendedConst = 1 << 13,
+    Strings = 1 << 14,
+    MultiMemory = 1 << 15,
     // MVP has the same value as None.
     // Mvp = 0,
     Default = 1 << 5 | 1 << 1, // SignExt | MutableGlobals,
     // GCNNLocals are opt-in: merely asking for "All" does not apply them. To
     // get all possible values use AllPossible. See setAll() below for more
     // details.
-    All = ((1 << 17) - 1) & !(1 << 12), // All = ((1 << 17) - 1) & ~GCNNLocals,
-    AllPossible = (1 << 17) - 1,
+    All = (1 << 16) - 1,
 }
 
 pub struct PassRunner<'wasm>(cxx::UniquePtr<wasm::PassRunner<'wasm>>);
diff --git a/components/wasm-opt/src/features.rs b/components/wasm-opt/src/features.rs
index ad85605..3ef8f94 100644
--- a/components/wasm-opt/src/features.rs
+++ b/components/wasm-opt/src/features.rs
@@ -70,8 +70,6 @@ pub enum Feature {
     /// [Specification](https://github.com/WebAssembly/memory64/blob/main/proposals/memory64/Overview.md).
     #[strum(serialize = "memory64")]
     Memory64,
-    #[strum(serialize = "gc-nn-locals")]
-    GcNnLocals,
     /// Relaxed SIMD.
     ///
     /// [Specification](https://github.com/WebAssembly/relaxed-simd/tree/main/proposals/relaxed-simd).
@@ -84,11 +82,11 @@ pub enum Feature {
     ExtendedConst,
     #[strum(serialize = "strings")]
     Strings,
-    /// Multiple memories.
+    /// Multiple memory.
     ///
     /// [Specification](https://github.com/WebAssembly/multi-memory/blob/master/proposals/multi-memory/Overview.md).
-    #[strum(serialize = "multi-memories")]
-    MultiMemories,
+    #[strum(serialize = "multi-memory")]
+    MultiMemory,
     /// The original WebAssembly specification.
     ///
     /// It has the same value as `None`.
@@ -99,10 +97,7 @@ pub enum Feature {
     /// Includes [`Feature::SignExt`] and [`Feature::MutableGlobals`].
     #[strum(disabled)]
     Default,
-    /// All features, excluding [`Feature::GcNnLocals`].
-    #[strum(disabled)]
-    All,
     /// All features.
     #[strum(disabled)]
-    AllPossible,
+    All,
 }
diff --git a/components/wasm-opt/src/passes.rs b/components/wasm-opt/src/passes.rs
index 3031d45..b99e880 100644
--- a/components/wasm-opt/src/passes.rs
+++ b/components/wasm-opt/src/passes.rs
@@ -81,6 +81,8 @@ pub enum Pass {
     ///
     /// Optimize the entire program using information about what content can actually appear in each location.
     Gufa,
+    /// GUFA plus add casts for all inferences.
+    GufaCastAll,
     /// Gufa plus local optimizations in functions we modified.
     GufaOptimizing,
     /// Apply more specific subtypes to type fields where possible.
@@ -207,6 +209,8 @@ pub enum Pass {
     RemoveUnusedNames,
     /// Remove unused private GC types.
     RemoveUnusedTypes,
+    /// Sorts functions by name (useful for debugging).
+    ReorderFunctionsByName,
     /// Sorts functions by access frequency.
     ReorderFunctions,
     /// Sorts globals by access frequency.
@@ -325,6 +329,7 @@ impl Pass {
             Gto => "gto",
             Gsi => "gsi",
             Gufa => "gufa",
+            GufaCastAll => "gufa-cast-all",
             GufaOptimizing => "gufa-optimizing",
             TypeRefining => "type-refining",
             Heap2Local => "heap2local",
@@ -388,6 +393,7 @@ impl Pass {
             RemoveUnusedNonfunctionModuleElements => "remove-unused-nonfunction-module-elements",
             RemoveUnusedNames => "remove-unused-names",
             RemoveUnusedTypes => "remove-unused-types",
+            ReorderFunctionsByName => "reorder-functions-by-name",
             ReorderFunctions => "reorder-functions",
             ReorderGlobals => "reorder-globals",
             RecorderLocals => "reorder-locals",
diff --git a/components/wasm-opt/src/run.rs b/components/wasm-opt/src/run.rs
index a4be86b..23c145b 100644
--- a/components/wasm-opt/src/run.rs
+++ b/components/wasm-opt/src/run.rs
@@ -313,15 +313,13 @@ fn convert_feature(feature: &Feature) -> BaseFeature {
         Feature::Multivalue => BaseFeature::Multivalue,
         Feature::Gc => BaseFeature::Gc,
         Feature::Memory64 => BaseFeature::Memory64,
-        Feature::GcNnLocals => BaseFeature::GcNnLocals,
         Feature::RelaxedSimd => BaseFeature::RelaxedSimd,
         Feature::ExtendedConst => BaseFeature::ExtendedConst,
         Feature::Strings => BaseFeature::Strings,
-        Feature::MultiMemories => BaseFeature::MultiMemories,
+        Feature::MultiMemory => BaseFeature::MultiMemory,
         Feature::Mvp => BaseFeature::None,
         Feature::Default => BaseFeature::Default,
         Feature::All => BaseFeature::All,
-        Feature::AllPossible => BaseFeature::AllPossible,
     }
 }