diff --git a/build.gradle b/build.gradle
index 5db3f139cf..06fad0947c 100644
--- a/build.gradle
+++ b/build.gradle
@@ -13,41 +13,19 @@
  * See the License for the specific language governing permissions and
  * limitations under the License.
  */
-
 buildscript {
     ext {
         awsAccessKeyId = System.env.AWS_ACCESS_KEY_ID
         awsSecretAccessKey = System.env.AWS_SECRET_ACCESS_KEY
     }
-
-    repositories {
-        mavenCentral()
-    }
-
-    dependencies {
-        classpath 'org.ow2.asm:asm:9.7'
-        classpath 'org.ow2.asm:asm-commons:9.7'
-    }
 }
 
 plugins {
-    id 'com.gradleup.shadow' version '8.3.2' apply false
-    id 'net.researchgate.release' version '3.0.2'
-    id 'com.github.ben-manes.versions' version '0.51.0'
+    alias(libs.plugins.shadow).apply(false)
+    alias(libs.plugins.release)
+    alias(libs.plugins.versions)
 }
 
-def checkstyleVersion = '9.3'
-def hamcrestVersion = '3.0'
-def junitVersion = '5.11.1'
-def mockitoVersion = '5.13.0'
-def hdrHistogramVersion = '2.2.2'
-def jmhVersion = '1.37'
-def byteBuddyVersion = '1.15.2'
-
-def agronaVersion = '1.23.0'
-def agronaVersionRange = "[${agronaVersion},2.0["
-def sbeVersion = '1.33.1'
-def aeronVersion = '1.46.4'
 def artioGroup = 'uk.co.real-logic'
 def iLink3Enabled = false
 
@@ -143,9 +121,14 @@ allprojects {
     configurations.configureEach {
         resolutionStrategy {
             failOnVersionConflict()
-            force "org.agrona:agrona:${agronaVersion}",
-                  "net.bytebuddy:byte-buddy:${byteBuddyVersion}",
-                  "net.bytebuddy:byte-buddy-agent:${byteBuddyVersion}"
+            force "org.agrona:agrona:${libs.versions.agrona.get()}",
+                  libs.byteBuddy,
+                  libs.byteBuddy.agent,
+                  // patching conflicting Checkstyle dependencies
+                  "org.codehaus.plexus:plexus-utils:3.3.0",
+                  "org.apache.commons:commons-lang3:3.8.1",
+                  "org.apache.httpcomponents:httpcore:4.4.14",
+                  "commons-codec:commons-codec:1.15"
         }
     }
 
@@ -180,17 +163,16 @@ subprojects {
     }
 
     dependencies {
-        testImplementation "org.hamcrest:hamcrest:${hamcrestVersion}"
-        testImplementation "org.mockito:mockito-core:${mockitoVersion}"
-        testImplementation platform("org.junit:junit-bom:${junitVersion}")
-
+        testImplementation libs.hamcrest
+        testImplementation libs.mockito
+        testImplementation platform("org.junit:junit-bom:${libs.versions.junit.get()}")
         testImplementation "org.junit.jupiter:junit-jupiter"
-        testImplementation "junit:junit:4.13.2" // FIXME: Remove after migration to JUnit 5 is complete
+        testImplementation libs.junit4
         testRuntimeOnly "org.junit.platform:junit-platform-launcher"
         testRuntimeOnly "org.junit.vintage:junit-vintage-engine"
     }
 
-    checkstyle.toolVersion = "${checkstyleVersion}"
+    checkstyle.toolVersion = libs.versions.checkstyle.get()
 
     tasks.withType(Test).configureEach {
         useJUnitPlatform()
@@ -316,17 +298,11 @@ project(':artio-codecs') {
     }
 
     dependencies {
-        api("org.agrona:agrona") {
-            version {
-                strictly(agronaVersionRange)
-                prefer(agronaVersion)
-            }
-        }
-        api "io.aeron:aeron-client:${aeronVersion}"
-        codecGeneration "uk.co.real-logic:sbe-tool:${sbeVersion}"
-        api "uk.co.real-logic:sbe-tool:${sbeVersion}"
+        api libs.agrona
+        api libs.aeron.client
+        api libs.sbe
         api files("${layout.buildDirectory.get()}/classes/java/generated")
-        testImplementation files("${layout.buildDirectory.get()}/classes/java/generated")
+        codecGeneration libs.sbe
     }
 
     def generatedDir = file("${layout.buildDirectory.get()}/generated-src")
@@ -394,15 +370,9 @@ project(':artio-ilink3-codecs') {
     }
 
     dependencies {
-        api("org.agrona:agrona") {
-            version {
-                strictly(agronaVersionRange)
-                prefer(agronaVersion)
-            }
-        }
-        codecGeneration "uk.co.real-logic:sbe-tool:${sbeVersion}"
+        api libs.agrona
         api files("${layout.buildDirectory.get()}/classes/java/generated")
-        testImplementation files("${layout.buildDirectory.get()}/classes/java/generated")
+        codecGeneration libs.sbe
     }
 
     def outputClasses = 'out/production/classes'
@@ -482,10 +452,9 @@ project(':artio-binary-entrypoint-codecs') {
     }
 
     dependencies {
-        api "org.agrona:agrona:${agronaVersion}"
-        codecGeneration "uk.co.real-logic:sbe-tool:${sbeVersion}"
+        api libs.agrona
         api files("${layout.buildDirectory.get()}/classes/java/generated")
-        testImplementation files("${layout.buildDirectory.get()}/classes/java/generated")
+        codecGeneration libs.sbe
     }
 
     def outputClasses = 'out/production/classes'
@@ -621,8 +590,8 @@ project(':artio-session-codecs') {
 
     dependencies {
         api project(':artio-codecs')
-        codecGeneration project(':artio-codecs')
         api files("${layout.buildDirectory.get()}/classes/java/generated")
+        codecGeneration project(':artio-codecs')
     }
 
     def generatedDir = file("${layout.buildDirectory.get()}/generated-src")
@@ -694,8 +663,8 @@ project(':artio-session-fixt-codecs') {
 
     dependencies {
         api project(path: ':artio-codecs')
-        codecGeneration project(':artio-codecs')
         api files("${layout.buildDirectory.get()}/classes/java/generated")
+        codecGeneration project(':artio-codecs')
     }
 
     def generatedDir = file("${layout.buildDirectory.get()}/generated-src")
@@ -753,15 +722,14 @@ project(':artio-session-fixt-codecs') {
 
 project(':artio-core') {
     dependencies {
+        api project(':artio-codecs')
+        api libs.aeron.client
+        api libs.aeron.archive
+        api libs.hdrHistogram // FIXME: Api?
+
         testImplementation project(path: ':artio-codecs', configuration: 'tests')
         testImplementation project(':artio-session-codecs')
         testImplementation project(':artio-session-fixt-codecs')
-        api project(':artio-codecs')
-
-        api "io.aeron:aeron-client:${aeronVersion}"
-        api "io.aeron:aeron-driver:${aeronVersion}"
-        api "io.aeron:aeron-archive:${aeronVersion}"
-        api "org.hdrhistogram:HdrHistogram:${hdrHistogramVersion}"
     }
 
     test {
@@ -794,22 +762,22 @@ project(':artio-system-tests') {
     }
 
     dependencies {
+        api project(':artio-session-codecs')
+        api project(':artio-session-fixt-codecs')
+        api project(path: ':artio-core')
+
         testImplementation project(path: ':artio-core', configuration: 'tests')
         testImplementation project(path: ':artio-codecs', configuration: 'tests')
 
         testImplementation project(path: ':artio-session-codecs', configuration: 'tests')
         testImplementation project(path: ':artio-session-fixt-codecs', configuration: 'tests')
 
-        api project(':artio-session-codecs')
-        api project(':artio-session-fixt-codecs')
-        api project(path: ':artio-core')
-
         perfImplementation project
-        perfImplementation "org.openjdk.jmh:jmh-core:${jmhVersion}"
+        perfImplementation libs.jmh.core
         // For IDEA:
-        implementation "org.openjdk.jmh:jmh-core:${jmhVersion}"
+        implementation libs.jmh.core
 
-        annotationProcessor "org.openjdk.jmh:jmh-generator-annprocess:${jmhVersion}"
+        annotationProcessor libs.jmh.generator.annprocess
     }
 
     test {
@@ -986,7 +954,7 @@ tasks.withType(PublishToMavenRepository).configureEach {
 }
 
 wrapper {
-    gradleVersion = '8.10.2'
+    gradleVersion = libs.versions.gradle.get()
     distributionType = 'ALL'
 }
 
diff --git a/gradle/libs.versions.toml b/gradle/libs.versions.toml
new file mode 100644
index 0000000000..149b6c8bc1
--- /dev/null
+++ b/gradle/libs.versions.toml
@@ -0,0 +1,27 @@
+[versions]
+aeron = "1.46.4"
+agrona = "1.23.0"
+byteBuddy = "1.15.2"
+checkstyle = "10.18.1"
+junit = "5.11.1"
+gradle = "8.10.2"
+jmh = "1.37"
+
+[libraries]
+agrona = { group = "org.agrona", name = "agrona", version = { strictly = "[1.23.0, 2.0[", require = "1.23.0" } }
+aeron-client = { group = "io.aeron", name = "aeron-client", version.ref = "aeron" }
+aeron-archive = { group = "io.aeron", name = "aeron-archive", version.ref = "aeron" }
+sbe = { group = "uk.co.real-logic", name = "sbe-tool", version = "1.33.1" }
+mockito = { group = "org.mockito", name = "mockito-core", version = "5.13.0" }
+hamcrest = { group = "org.hamcrest", name = "hamcrest", version = "3.0" }
+junit4 = { group = "junit", name = "junit", version = "4.13.2" }
+byteBuddy = { group = "net.bytebuddy", name = "byte-buddy", version.ref = "byteBuddy" }
+byteBuddy-agent = { group = "net.bytebuddy", name = "byte-buddy-agent", version.ref = "byteBuddy" }
+hdrHistogram = { group = "org.hdrhistogram", name = "HdrHistogram", version = "2.2.2" }
+jmh-core = { group = "org.openjdk.jmh", name = "jmh-core", version.ref = "jmh" }
+jmh-generator-annprocess = { group = "org.openjdk.jmh", name = "jmh-generator-annprocess", version.ref = "jmh" }
+
+[plugins]
+versions = { id = "com.github.ben-manes.versions", version = "0.51.0" }
+release = { id = "net.researchgate.release", version = "3.0.2" }
+shadow = { id = "com.gradleup.shadow", version = "8.3.2" }