diff --git a/package.json b/package.json
index 777b850..e467b30 100644
--- a/package.json
+++ b/package.json
@@ -8,7 +8,7 @@
     "@stablelib/sha256": "^1.0.1",
     "assert": "^2.0.0",
     "bech32": "^2.0.0",
-    "multiformats": "^9.6.4"
+    "multiformats": "^10.0.0"
   },
   "devDependencies": {
     "@types/chai": "^4.3.1",