diff --git a/newsfragments/934.misc.rst b/newsfragments/934.misc.rst
new file mode 100644
index 00000000..0a6d9120
--- /dev/null
+++ b/newsfragments/934.misc.rst
@@ -0,0 +1 @@
+Updated multiaddr dependency from git repository to pip package version 0.0.11.
diff --git a/pyproject.toml b/pyproject.toml
index 86be25d1..dbe2267a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -23,8 +23,7 @@ dependencies = [
     "fastecdsa==2.3.2; sys_platform != 'win32'",
     "grpcio>=1.41.0",
     "lru-dict>=1.1.6",
-    # "multiaddr (>=0.0.9,<0.0.10)",
-    "multiaddr @ git+https://github.com/multiformats/py-multiaddr.git@b186e2ccadc22545dec4069ff313787bf29265e0",
+    "multiaddr>=0.0.11",
     "mypy-protobuf>=3.0.0",
     "noiseprotocol>=0.3.0",
     "protobuf>=4.25.0,<5.0.0",