diff --git a/Cargo.lock b/Cargo.lock
index 0308964196d..1425b2ce092 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -2914,7 +2914,7 @@ dependencies = [
 
 [[package]]
 name = "libp2p-identify"
-version = "0.45.0"
+version = "0.45.1"
 dependencies = [
  "async-std",
  "asynchronous-codec",
diff --git a/Cargo.toml b/Cargo.toml
index 587bef4480a..da8d32e1a4a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -84,7 +84,7 @@ libp2p-dcutr = { version = "0.12.0", path = "protocols/dcutr" }
 libp2p-dns = { version = "0.42.0", path = "transports/dns" }
 libp2p-floodsub = { version = "0.45.0", path = "protocols/floodsub" }
 libp2p-gossipsub = { version = "0.47.1", path = "protocols/gossipsub" }
-libp2p-identify = { version = "0.45.0", path = "protocols/identify" }
+libp2p-identify = { version = "0.45.1", path = "protocols/identify" }
 libp2p-identity = { version = "0.2.9" }
 libp2p-kad = { version = "0.47.0", path = "protocols/kad" }
 libp2p-mdns = { version = "0.46.0", path = "protocols/mdns" }
diff --git a/protocols/identify/CHANGELOG.md b/protocols/identify/CHANGELOG.md
index 275f7114b28..c5778ff92ee 100644
--- a/protocols/identify/CHANGELOG.md
+++ b/protocols/identify/CHANGELOG.md
@@ -1,3 +1,8 @@
+## 0.45.1
+
+- Add `hide_listen_addrs` option to prevent leaking (local) listen addresses.
+  See [PR 5507](https://github.com/libp2p/rust-libp2p/pull/5507).
+
 ## 0.45.0
 
 - Address translation is moved here from `libp2p-core`.
diff --git a/protocols/identify/Cargo.toml b/protocols/identify/Cargo.toml
index cdc5ce587de..c3fb585c99c 100644
--- a/protocols/identify/Cargo.toml
+++ b/protocols/identify/Cargo.toml
@@ -3,7 +3,7 @@ name = "libp2p-identify"
 edition = "2021"
 rust-version = { workspace = true }
 description = "Nodes identification protocol for libp2p"
-version = "0.45.0"
+version = "0.45.1"
 authors = ["Parity Technologies <admin@parity.io>"]
 license = "MIT"
 repository = "https://github.com/libp2p/rust-libp2p"
diff --git a/protocols/identify/src/behaviour.rs b/protocols/identify/src/behaviour.rs
index 6590ccd6588..c8672674c1a 100644
--- a/protocols/identify/src/behaviour.rs
+++ b/protocols/identify/src/behaviour.rs
@@ -147,6 +147,12 @@ pub struct Config {
     ///
     /// Disabled by default.
     pub cache_size: usize,
+
+    /// Whether to include our listen addresses in our responses. If enabled,
+    /// we will effectively only share our external addresses.
+    ///
+    /// Disabled by default.
+    pub hide_listen_addrs: bool,
 }
 
 impl Config {
@@ -160,6 +166,7 @@ impl Config {
             interval: Duration::from_secs(5 * 60),
             push_listen_addr_updates: false,
             cache_size: 100,
+            hide_listen_addrs: false,
         }
     }
 
@@ -189,6 +196,12 @@ impl Config {
         self.cache_size = cache_size;
         self
     }
+
+    /// Configures whether we prevent sending out our listen addresses.
+    pub fn with_hide_listen_addrs(mut self, b: bool) -> Self {
+        self.hide_listen_addrs = b;
+        self
+    }
 }
 
 impl Behaviour {
@@ -258,11 +271,11 @@ impl Behaviour {
     }
 
     fn all_addresses(&self) -> HashSet<Multiaddr> {
-        self.listen_addresses
-            .iter()
-            .chain(self.external_addresses.iter())
-            .cloned()
-            .collect()
+        let mut addrs = HashSet::from_iter(self.external_addresses.iter().cloned());
+        if !self.config.hide_listen_addrs {
+            addrs.extend(self.listen_addresses.iter().cloned());
+        };
+        addrs
     }
 
     fn emit_new_external_addr_candidate_event(
diff --git a/protocols/identify/tests/smoke.rs b/protocols/identify/tests/smoke.rs
index 49ae9f0726f..d624005408e 100644
--- a/protocols/identify/tests/smoke.rs
+++ b/protocols/identify/tests/smoke.rs
@@ -222,6 +222,77 @@ async fn emits_unique_listen_addresses() {
     assert!(reported_addrs.contains(&(swarm2_peer_id, swarm2_tcp_listen_addr)));
 }
 
+#[async_std::test]
+async fn hides_listen_addresses() {
+    let _ = tracing_subscriber::fmt()
+        .with_env_filter(EnvFilter::from_default_env())
+        .try_init();
+
+    let mut swarm1 = Swarm::new_ephemeral(|identity| {
+        identify::Behaviour::new(
+            identify::Config::new("a".to_string(), identity.public())
+                .with_agent_version("b".to_string())
+                .with_interval(Duration::from_secs(1))
+                .with_cache_size(10),
+        )
+    });
+    let mut swarm2 = Swarm::new_ephemeral(|identity| {
+        identify::Behaviour::new(
+            identify::Config::new("c".to_string(), identity.public())
+                .with_agent_version("d".to_string())
+                .with_hide_listen_addrs(true),
+        )
+    });
+
+    let (_swarm2_mem_listen_addr, swarm2_tcp_listen_addr) =
+        swarm2.listen().with_tcp_addr_external().await;
+    let swarm2_peer_id = *swarm2.local_peer_id();
+    swarm1.connect(&mut swarm2).await;
+
+    async_std::task::spawn(swarm2.loop_on_next());
+
+    let swarm_events = futures::stream::poll_fn(|cx| swarm1.poll_next_unpin(cx))
+        .take(8)
+        .collect::<Vec<_>>()
+        .await;
+
+    let infos = swarm_events
+        .iter()
+        .filter_map(|e| match e {
+            SwarmEvent::Behaviour(identify::Event::Received { info, .. }) => Some(info.clone()),
+            _ => None,
+        })
+        .collect::<Vec<_>>();
+
+    assert!(
+        infos.len() > 1,
+        "should exchange identify payload more than once"
+    );
+
+    let listen_addrs = infos
+        .iter()
+        .map(|i| i.listen_addrs.clone())
+        .collect::<Vec<_>>();
+
+    for addrs in listen_addrs {
+        assert_eq!(addrs.len(), 1);
+        assert!(addrs.contains(&swarm2_tcp_listen_addr));
+    }
+
+    let reported_addrs = swarm_events
+        .iter()
+        .filter_map(|e| match e {
+            SwarmEvent::NewExternalAddrOfPeer { peer_id, address } => {
+                Some((*peer_id, address.clone()))
+            }
+            _ => None,
+        })
+        .collect::<Vec<_>>();
+
+    assert_eq!(reported_addrs.len(), 1, "To have one TCP address of remote");
+    assert!(reported_addrs.contains(&(swarm2_peer_id, swarm2_tcp_listen_addr)));
+}
+
 #[async_std::test]
 async fn identify_push() {
     let _ = tracing_subscriber::fmt()