diff --git a/package.json b/package.json
index e6af5e9..5b2e4d3 100644
--- a/package.json
+++ b/package.json
@@ -164,7 +164,7 @@
     "@libp2p/peer-id": "^2.0.0",
     "@multiformats/multiaddr": "^12.1.0",
     "it-stream-types": "^2.0.1",
-    "multiformats": "^11.0.0",
+    "multiformats": "^12.0.1",
     "uint8arraylist": "^2.3.3"
   },
   "devDependencies": {