diff --git a/Cargo.lock b/Cargo.lock
index d89eb86ea14..7f97157109f 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -3551,9 +3551,9 @@ dependencies = [
 
 [[package]]
 name = "multiaddr"
-version = "0.18.0"
+version = "0.18.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "92a651988b3ed3ad1bc8c87d016bb92f6f395b84ed1db9b926b32b1fc5a2c8b5"
+checksum = "8b852bc02a2da5feed68cd14fa50d0774b92790a5bdbfa932a813926c8472070"
 dependencies = [
  "arrayref",
  "byteorder",
diff --git a/Cargo.toml b/Cargo.toml
index c05f93cd073..85c71dba47e 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -112,7 +112,7 @@ libp2p-websocket = { version = "0.43.0", path = "transports/websocket" }
 libp2p-websocket-websys = { version = "0.3.0", path = "transports/websocket-websys" }
 libp2p-webtransport-websys = { version = "0.2.0", path = "transports/webtransport-websys" }
 libp2p-yamux = { version = "0.45.0", path = "muxers/yamux" }
-multiaddr = "0.18.0"
+multiaddr = "0.18.1"
 multihash = "0.19.1"
 multistream-select = { version = "0.13.0", path = "misc/multistream-select" }
 prometheus-client = "0.22.0"