diff --git a/package.json b/package.json
index 71538a3..3832aa9 100644
--- a/package.json
+++ b/package.json
@@ -146,7 +146,7 @@
   },
   "dependencies": {
     "@multiformats/mafmt": "^11.0.3",
-    "@multiformats/multiaddr": "^11.0.0",
+    "@multiformats/multiaddr": "^12.1.1",
     "iso-url": "^1.1.3",
     "multiformats": "^11.0.0",
     "uint8arrays": "^4.0.2"