For the Labrinth (API) and Modrinth App, new versions and snapshots will automatically be added within one hour of release. Please ensure that you restart the app for it to show up.
For the main modrinth.com website, versions must be manually added at this point in time. Typically, new versions are added within the same day of release, but it may be delayed for a variety of reasons. Open a support query if it has been more than a day since a version released and it isn't yet on the site.