diff --git a/Cargo.lock b/Cargo.lock
index 05320fa31fb..f633f5a3a19 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1161,9 +1161,9 @@ dependencies = [
 
 [[package]]
 name = "data-encoding"
-version = "2.4.0"
+version = "2.5.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c2e66c9d817f1720209181c316d28635c050fa304f9c79e47a520882661b7308"
+checksum = "7e962a19be5cfc3f3bf6dd8f61eb50107f356ad6270fbb3ed41476571db78be5"
 
 [[package]]
 name = "data-encoding-macro"
diff --git a/protocols/mdns/Cargo.toml b/protocols/mdns/Cargo.toml
index b314aead811..8a1475fdd40 100644
--- a/protocols/mdns/Cargo.toml
+++ b/protocols/mdns/Cargo.toml
@@ -13,7 +13,7 @@ categories = ["network-programming", "asynchronous"]
 [dependencies]
 async-std  = { version = "1.12.0", optional = true }
 async-io  = { version = "2.2.0", optional = true }
-data-encoding = "2.4.0"
+data-encoding = "2.5.0"
 futures = "0.3.29"
 if-watch = "3.2.0"
 libp2p-core = { workspace = true }