diff --git a/iroh-bitswap/Cargo.toml b/iroh-bitswap/Cargo.toml
index bd0a55c2e6..089fca393a 100644
--- a/iroh-bitswap/Cargo.toml
+++ b/iroh-bitswap/Cargo.toml
@@ -15,7 +15,7 @@ tokio = { version = "1.0", features = ["sync"] }
 bytes = "1.1.0"
 cid = "0.8.0"
 futures = "0.3.5"
-libp2p = { version = "0.46", default-features = false }
+libp2p = { version = "0.47", default-features = false }
 multihash = "0.16.0"
 prost = "0.10"
 thiserror = "1.0.20"
@@ -31,7 +31,7 @@ git-version = "0.3.5"
 [dev-dependencies]
 criterion = "0.3.5"
 tracing-subscriber = { version = "0.3.11", features = ["env-filter"] }
-libp2p = { version = "0.46", features = ["yamux", "noise", "tcp-tokio"], default-features = false }
+libp2p = { version = "0.47", features = ["yamux", "noise", "tcp-tokio"], default-features = false }
 tokio = { version = "1.0", features = ["macros", "net", "rt"] }
 tokio-util = { version = "0.7", features = ["compat"] }
 
diff --git a/iroh-gateway/Cargo.toml b/iroh-gateway/Cargo.toml
index f427c19b99..268749052f 100644
--- a/iroh-gateway/Cargo.toml
+++ b/iroh-gateway/Cargo.toml
@@ -31,7 +31,7 @@ time = "0.3.9"
 headers = "0.3.7"
 iroh-rpc-client = { path = "../iroh-rpc-client" }
 hyper = "0.14.19"
-libp2p = "0.46.0"
+libp2p = "0.47"
 iroh-util = { path = "../iroh-util" }
 anyhow = "1"
 futures = "0.3.5"
diff --git a/iroh-p2p/Cargo.toml b/iroh-p2p/Cargo.toml
index 9f388a6d43..28975cf13d 100644
--- a/iroh-p2p/Cargo.toml
+++ b/iroh-p2p/Cargo.toml
@@ -44,7 +44,7 @@ async-stream = "0.3.3"
 tempfile = "3.3.0"
  
 [dependencies.libp2p]
-version = "0.46"
+version = "0.47"
 default-features = false
 features = [
   "gossipsub",
diff --git a/iroh-rpc-client/Cargo.toml b/iroh-rpc-client/Cargo.toml
index b3ebf3ba8f..4e4becf7fb 100644
--- a/iroh-rpc-client/Cargo.toml
+++ b/iroh-rpc-client/Cargo.toml
@@ -19,7 +19,7 @@ tonic-health = "0.6.0"
 prost = "0.10.3"
 anyhow = "1.0.57"
 bytes = "1.1.0"
-libp2p = "0.46.0"
+libp2p = "0.47"
 iroh-metrics = { path = "../iroh-metrics" }
 tracing = "0.1.34"
 toml = "0.5.9"