diff --git a/packages/ipfs-unixfs-exporter/package.json b/packages/ipfs-unixfs-exporter/package.json
index a051d914..575b121f 100644
--- a/packages/ipfs-unixfs-exporter/package.json
+++ b/packages/ipfs-unixfs-exporter/package.json
@@ -148,7 +148,7 @@
     "it-parallel": "^3.0.0",
     "it-pipe": "^3.0.1",
     "it-pushable": "^3.1.0",
-    "multiformats": "^11.0.0",
+    "multiformats": "^12.0.1",
     "p-queue": "^7.3.0",
     "progress-events": "^1.0.0",
     "uint8arrays": "^4.0.2"
diff --git a/packages/ipfs-unixfs-importer/package.json b/packages/ipfs-unixfs-importer/package.json
index d2c9585d..caa1ee5e 100644
--- a/packages/ipfs-unixfs-importer/package.json
+++ b/packages/ipfs-unixfs-importer/package.json
@@ -170,7 +170,7 @@
     "it-batch": "^3.0.2",
     "it-first": "^3.0.2",
     "it-parallel-batch": "^3.0.1",
-    "multiformats": "^11.0.0",
+    "multiformats": "^12.0.1",
     "progress-events": "^1.0.0",
     "rabin-wasm": "^0.1.4",
     "uint8arraylist": "^2.4.3",