diff --git a/doc/release-notes-6148.md b/doc/release-notes-6148.md
new file mode 100644
index 0000000000..ad447eba5b
--- /dev/null
+++ b/doc/release-notes-6148.md
@@ -0,0 +1,6 @@
+P2P and Network Changes
+-----------------------
+
+The DSQ message, starting in protocol version 70234, is broadcast using the inventory system, and not simply
+relaying to all connected peers. This should reduce the bandwidth needs for all nodes, however, this affect will
+be most noticeable on highly connected masternodes. (#6148)
diff --git a/src/coinjoin/client.cpp b/src/coinjoin/client.cpp
index 64ebb14174..d70d02b5df 100644
--- a/src/coinjoin/client.cpp
+++ b/src/coinjoin/client.cpp
@@ -12,6 +12,7 @@
 #include <masternode/meta.h>
 #include <masternode/sync.h>
 #include <net.h>
+#include <net_processing.h>
 #include <netmessagemaker.h>
 #include <shutdown.h>
 #include <util/check.h>
@@ -22,9 +23,9 @@
 #include <util/translation.h>
 #include <validation.h>
 #include <version.h>
-#include <walletinitinterface.h>
 #include <wallet/coincontrol.h>
 #include <wallet/fees.h>
+#include <walletinitinterface.h>
 
 #include <memory>
 #include <univalue.h>
@@ -47,6 +48,11 @@ PeerMsgRet CCoinJoinClientQueueManager::ProcessDSQueue(const CNode& peer, CDataS
     CCoinJoinQueue dsq;
     vRecv >> dsq;
 
+    {
+        LOCK(cs_main);
+        Assert(peerman)->EraseObjectRequest(peer.GetId(), CInv(MSG_DSQ, dsq.GetHash()));
+    }
+
     if (dsq.masternodeOutpoint.IsNull() && dsq.m_protxHash.IsNull()) {
         return tl::unexpected{100};
     }
@@ -126,7 +132,7 @@ PeerMsgRet CCoinJoinClientQueueManager::ProcessDSQueue(const CNode& peer, CDataS
             WITH_LOCK(cs_vecqueue, vecCoinJoinQueue.push_back(dsq));
         }
     } // cs_ProcessDSQueue
-    dsq.Relay(connman);
+    dsq.Relay(connman, *peerman);
     return {};
 }
 
diff --git a/src/coinjoin/client.h b/src/coinjoin/client.h
index 326f352c6a..382af36306 100644
--- a/src/coinjoin/client.h
+++ b/src/coinjoin/client.h
@@ -220,6 +220,7 @@ class CCoinJoinClientQueueManager : public CCoinJoinBaseManager
 {
 private:
     CConnman& connman;
+    std::unique_ptr<PeerManager>& peerman;
     CoinJoinWalletManager& m_walletman;
     CDeterministicMNManager& m_dmnman;
     CMasternodeMetaMan& m_mn_metaman;
@@ -229,9 +230,17 @@ private:
     const bool m_is_masternode;
 
 public:
-    explicit CCoinJoinClientQueueManager(CConnman& _connman, CoinJoinWalletManager& walletman, CDeterministicMNManager& dmnman,
-                                         CMasternodeMetaMan& mn_metaman, const CMasternodeSync& mn_sync, bool is_masternode) :
-        connman(_connman), m_walletman(walletman), m_dmnman(dmnman), m_mn_metaman(mn_metaman), m_mn_sync(mn_sync), m_is_masternode{is_masternode} {};
+    explicit CCoinJoinClientQueueManager(CConnman& _connman, std::unique_ptr<PeerManager>& _peerman,
+                                         CoinJoinWalletManager& walletman, CDeterministicMNManager& dmnman,
+                                         CMasternodeMetaMan& mn_metaman, const CMasternodeSync& mn_sync,
+                                         bool is_masternode) :
+        connman(_connman),
+        peerman(_peerman),
+        m_walletman(walletman),
+        m_dmnman(dmnman),
+        m_mn_metaman(mn_metaman),
+        m_mn_sync(mn_sync),
+        m_is_masternode{is_masternode} {};
 
     PeerMsgRet ProcessMessage(const CNode& peer, std::string_view msg_type, CDataStream& vRecv) EXCLUSIVE_LOCKS_REQUIRED(!cs_vecqueue);
     PeerMsgRet ProcessDSQueue(const CNode& peer, CDataStream& vRecv);
diff --git a/src/coinjoin/coinjoin.cpp b/src/coinjoin/coinjoin.cpp
index 75120cda40..c081df9286 100644
--- a/src/coinjoin/coinjoin.cpp
+++ b/src/coinjoin/coinjoin.cpp
@@ -14,6 +14,7 @@
 #include <masternode/node.h>
 #include <masternode/sync.h>
 #include <messagesigner.h>
+#include <net_processing.h>
 #include <netmessagemaker.h>
 #include <txmempool.h>
 #include <util/moneystr.h>
@@ -46,6 +47,7 @@ uint256 CCoinJoinQueue::GetSignatureHash() const
 {
     return SerializeHash(*this, SER_GETHASH, PROTOCOL_VERSION);
 }
+uint256 CCoinJoinQueue::GetHash() const { return SerializeHash(*this, SER_NETWORK, PROTOCOL_VERSION); }
 
 bool CCoinJoinQueue::Sign(const CActiveMasternodeManager& mn_activeman)
 {
@@ -69,11 +71,13 @@ bool CCoinJoinQueue::CheckSignature(const CBLSPublicKey& blsPubKey) const
     return true;
 }
 
-bool CCoinJoinQueue::Relay(CConnman& connman)
+bool CCoinJoinQueue::Relay(CConnman& connman, PeerManager& peerman)
 {
+    CInv inv(MSG_DSQ, GetHash());
+    peerman.RelayInv(inv, DSQ_INV_VERSION);
     connman.ForEachNode([&connman, this](CNode* pnode) {
         CNetMsgMaker msgMaker(pnode->GetCommonVersion());
-        if (pnode->fSendDSQueue) {
+        if (pnode->fSendDSQueue && pnode->nVersion < DSQ_INV_VERSION) {
             connman.PushMessage(pnode, msgMaker.Make(NetMsgType::DSQUEUE, (*this)));
         }
     });
diff --git a/src/coinjoin/coinjoin.h b/src/coinjoin/coinjoin.h
index 8fc3127fcc..8bbab7a4e5 100644
--- a/src/coinjoin/coinjoin.h
+++ b/src/coinjoin/coinjoin.h
@@ -30,6 +30,7 @@ class CBlockIndex;
 class CMasternodeSync;
 class CTxMemPool;
 class TxValidationState;
+class PeerManager;
 
 namespace llmq {
 class CChainLocksHandler;
@@ -206,6 +207,7 @@ public:
         }
     }
 
+    [[nodiscard]] uint256 GetHash() const;
     [[nodiscard]] uint256 GetSignatureHash() const;
     /** Sign this mixing transaction
      *  return true if all conditions are met:
@@ -218,7 +220,7 @@ public:
     /// Check if we have a valid Masternode address
     [[nodiscard]] bool CheckSignature(const CBLSPublicKey& blsPubKey) const;
 
-    bool Relay(CConnman& connman);
+    bool Relay(CConnman& connman, PeerManager& peerman);
 
     /// Check if a queue is too old or too far into the future
     [[nodiscard]] bool IsTimeOutOfBounds(int64_t current_time = GetAdjustedTime()) const;
@@ -340,6 +342,18 @@ public:
 
     int GetQueueSize() const EXCLUSIVE_LOCKS_REQUIRED(!cs_vecqueue) { LOCK(cs_vecqueue); return vecCoinJoinQueue.size(); }
     bool GetQueueItemAndTry(CCoinJoinQueue& dsqRet) EXCLUSIVE_LOCKS_REQUIRED(!cs_vecqueue);
+
+    bool HasQueue(const uint256& queueHash) EXCLUSIVE_LOCKS_REQUIRED(!cs_vecqueue)
+    {
+        LOCK(cs_vecqueue);
+        return std::any_of(vecCoinJoinQueue.begin(), vecCoinJoinQueue.end(),
+                           [&queueHash](auto q) { return q.GetHash() == queueHash; });
+    }
+    std::optional<CCoinJoinQueue> GetQueueFromHash(const uint256& queueHash) EXCLUSIVE_LOCKS_REQUIRED(!cs_vecqueue)
+    {
+        LOCK(cs_vecqueue);
+        return ranges::find_if_opt(vecCoinJoinQueue, [&queueHash](const auto& q) { return q.GetHash() == queueHash; });
+    }
 };
 
 // Various helpers and dstx manager implementation
diff --git a/src/coinjoin/context.cpp b/src/coinjoin/context.cpp
index c6f24fe9cb..6e3beb7980 100644
--- a/src/coinjoin/context.cpp
+++ b/src/coinjoin/context.cpp
@@ -9,15 +9,21 @@
 #endif // ENABLE_WALLET
 #include <coinjoin/server.h>
 
-CJContext::CJContext(CChainState& chainstate, CConnman& connman, CDeterministicMNManager& dmnman, CMasternodeMetaMan& mn_metaman,
-                     CTxMemPool& mempool, const CActiveMasternodeManager* const mn_activeman, const CMasternodeSync& mn_sync,
-                     const std::unique_ptr<PeerManager>& peerman, bool relay_txes) :
+CJContext::CJContext(CChainState& chainstate, CConnman& connman, CDeterministicMNManager& dmnman,
+                     CMasternodeMetaMan& mn_metaman, CTxMemPool& mempool,
+                     const CActiveMasternodeManager* const mn_activeman, const CMasternodeSync& mn_sync,
+                     std::unique_ptr<PeerManager>& peerman, bool relay_txes) :
     dstxman{std::make_unique<CDSTXManager>()},
 #ifdef ENABLE_WALLET
-    walletman{std::make_unique<CoinJoinWalletManager>(chainstate, connman, dmnman, mn_metaman, mempool, mn_sync, queueman, /* is_masternode = */ mn_activeman != nullptr)},
-    queueman {relay_txes ? std::make_unique<CCoinJoinClientQueueManager>(connman, *walletman, dmnman, mn_metaman, mn_sync, /* is_masternode = */ mn_activeman != nullptr) : nullptr},
+    walletman{std::make_unique<CoinJoinWalletManager>(chainstate, connman, dmnman, mn_metaman, mempool, mn_sync,
+                                                      queueman, /* is_masternode = */ mn_activeman != nullptr)},
+    queueman{relay_txes
+                 ? std::make_unique<CCoinJoinClientQueueManager>(connman, peerman, *walletman, dmnman, mn_metaman,
+                                                                 mn_sync, /* is_masternode = */ mn_activeman != nullptr)
+                 : nullptr},
 #endif // ENABLE_WALLET
-    server{std::make_unique<CCoinJoinServer>(chainstate, connman, dmnman, *dstxman, mn_metaman, mempool, mn_activeman, mn_sync, peerman)}
+    server{std::make_unique<CCoinJoinServer>(chainstate, connman, dmnman, *dstxman, mn_metaman, mempool, mn_activeman,
+                                             mn_sync, peerman)}
 {}
 
 CJContext::~CJContext() {}
diff --git a/src/coinjoin/context.h b/src/coinjoin/context.h
index e3a7432cf9..08cb67801b 100644
--- a/src/coinjoin/context.h
+++ b/src/coinjoin/context.h
@@ -31,9 +31,9 @@ class CoinJoinWalletManager;
 struct CJContext {
     CJContext() = delete;
     CJContext(const CJContext&) = delete;
-    CJContext(CChainState& chainstate, CConnman& connman, CDeterministicMNManager& dmnman, CMasternodeMetaMan& mn_metaman,
-              CTxMemPool& mempool, const CActiveMasternodeManager* const mn_activeman, const CMasternodeSync& mn_sync,
-              const std::unique_ptr<PeerManager>& peerman, bool relay_txes);
+    CJContext(CChainState& chainstate, CConnman& connman, CDeterministicMNManager& dmnman,
+              CMasternodeMetaMan& mn_metaman, CTxMemPool& mempool, const CActiveMasternodeManager* const mn_activeman,
+              const CMasternodeSync& mn_sync, std::unique_ptr<PeerManager>& peerman, bool relay_txes);
     ~CJContext();
 
     const std::unique_ptr<CDSTXManager> dstxman;
diff --git a/src/coinjoin/server.cpp b/src/coinjoin/server.cpp
index 935e5b6f0c..16fa1c5a17 100644
--- a/src/coinjoin/server.cpp
+++ b/src/coinjoin/server.cpp
@@ -117,6 +117,11 @@ PeerMsgRet CCoinJoinServer::ProcessDSQUEUE(const CNode& peer, CDataStream& vRecv
     CCoinJoinQueue dsq;
     vRecv >> dsq;
 
+    {
+        LOCK(cs_main);
+        Assert(m_peerman)->EraseObjectRequest(peer.GetId(), CInv(MSG_DSQ, dsq.GetHash()));
+    }
+
     if (dsq.masternodeOutpoint.IsNull() && dsq.m_protxHash.IsNull()) {
         return tl::unexpected{100};
     }
@@ -178,7 +183,7 @@ PeerMsgRet CCoinJoinServer::ProcessDSQUEUE(const CNode& peer, CDataStream& vRecv
         TRY_LOCK(cs_vecqueue, lockRecv);
         if (!lockRecv) return {};
         vecCoinJoinQueue.push_back(dsq);
-        dsq.Relay(connman);
+        dsq.Relay(connman, *m_peerman);
     }
     return {};
 }
@@ -511,7 +516,7 @@ void CCoinJoinServer::CheckForCompleteQueue()
         LogPrint(BCLog::COINJOIN, "CCoinJoinServer::CheckForCompleteQueue -- queue is ready, signing and relaying (%s) " /* Continued */
                                      "with %d participants\n", dsq.ToString(), vecSessionCollaterals.size());
         dsq.Sign(*m_mn_activeman);
-        dsq.Relay(connman);
+        dsq.Relay(connman, *m_peerman);
     }
 }
 
@@ -724,7 +729,7 @@ bool CCoinJoinServer::CreateNewSession(const CCoinJoinAccept& dsa, PoolMessage&
                             GetAdjustedTime(), false);
         LogPrint(BCLog::COINJOIN, "CCoinJoinServer::CreateNewSession -- signing and relaying new queue: %s\n", dsq.ToString());
         dsq.Sign(*m_mn_activeman);
-        dsq.Relay(connman);
+        dsq.Relay(connman, *m_peerman);
         LOCK(cs_vecqueue);
         vecCoinJoinQueue.push_back(dsq);
     }
diff --git a/src/coinjoin/server.h b/src/coinjoin/server.h
index beaebb1eab..f5539cd783 100644
--- a/src/coinjoin/server.h
+++ b/src/coinjoin/server.h
@@ -35,7 +35,7 @@ private:
     CTxMemPool& mempool;
     const CActiveMasternodeManager* const m_mn_activeman;
     const CMasternodeSync& m_mn_sync;
-    const std::unique_ptr<PeerManager>& m_peerman;
+    std::unique_ptr<PeerManager>& m_peerman;
 
     // Mixing uses collateral transactions to trust parties entering the pool
     // to behave honestly. If they don't it takes their money.
@@ -90,9 +90,10 @@ private:
     void SetNull() override EXCLUSIVE_LOCKS_REQUIRED(cs_coinjoin);
 
 public:
-    explicit CCoinJoinServer(CChainState& chainstate, CConnman& _connman, CDeterministicMNManager& dmnman, CDSTXManager& dstxman,
-                             CMasternodeMetaMan& mn_metaman, CTxMemPool& mempool, const CActiveMasternodeManager* const mn_activeman,
-                             const CMasternodeSync& mn_sync, const std::unique_ptr<PeerManager>& peerman) :
+    explicit CCoinJoinServer(CChainState& chainstate, CConnman& _connman, CDeterministicMNManager& dmnman,
+                             CDSTXManager& dstxman, CMasternodeMetaMan& mn_metaman, CTxMemPool& mempool,
+                             const CActiveMasternodeManager* const mn_activeman, const CMasternodeSync& mn_sync,
+                             std::unique_ptr<PeerManager>& peerman) :
         m_chainstate(chainstate),
         connman(_connman),
         m_dmnman(dmnman),
diff --git a/src/net_processing.cpp b/src/net_processing.cpp
index 8747950df7..0caa61afed 100644
--- a/src/net_processing.cpp
+++ b/src/net_processing.cpp
@@ -2127,8 +2127,15 @@ bool PeerManagerImpl::AlreadyHave(const CInv& inv)
         return m_llmq_ctx->clhandler->AlreadyHave(inv);
     case MSG_ISDLOCK:
         return m_llmq_ctx->isman->AlreadyHave(inv);
+    case MSG_DSQ:
+#ifdef ENABLE_WALLET
+        return m_cj_ctx->server->HasQueue(inv.hash) || m_cj_ctx->queueman->HasQueue(inv.hash);
+#else
+        return m_cj_ctx->server->HasQueue(inv.hash);
+#endif
     }
 
+
     // Don't know what it is, just say we already got one
     return true;
 }
@@ -2635,6 +2642,18 @@ void PeerManagerImpl::ProcessGetData(CNode& pfrom, Peer& peer, const std::atomic
                 push = true;
             }
         }
+        if (!push && inv.type == MSG_DSQ) {
+            auto opt_dsq = m_cj_ctx->server->GetQueueFromHash(inv.hash);
+#ifdef ENABLE_WALLET
+            if (!opt_dsq.has_value()) {
+                opt_dsq = m_cj_ctx->queueman->GetQueueFromHash(inv.hash);
+            }
+#endif
+            if (opt_dsq.has_value()) {
+                m_connman.PushMessage(&pfrom, msgMaker.Make(NetMsgType::DSQUEUE, *opt_dsq));
+                push = true;
+            }
+        }
 
         if (!push) {
             vNotFound.push_back(inv);
diff --git a/src/protocol.cpp b/src/protocol.cpp
index a376eeb333..297932cf4d 100644
--- a/src/protocol.cpp
+++ b/src/protocol.cpp
@@ -288,6 +288,7 @@ const char* CInv::GetCommandInternal() const
         case MSG_QUORUM_RECOVERED_SIG:          return NetMsgType::QSIGREC;
         case MSG_CLSIG:                         return NetMsgType::CLSIG;
         case MSG_ISDLOCK:                       return NetMsgType::ISDLOCK;
+        case MSG_DSQ:                           return NetMsgType::DSQUEUE;
         default:
             return nullptr;
     }
diff --git a/src/protocol.h b/src/protocol.h
index ebd3fbce7a..aa07b3caeb 100644
--- a/src/protocol.h
+++ b/src/protocol.h
@@ -518,6 +518,7 @@ enum GetDataMsg : uint32_t {
     MSG_CLSIG = 29,
     /* MSG_ISLOCK = 30, */                            // Non-deterministic InstantSend and not used anymore
     MSG_ISDLOCK = 31,
+    MSG_DSQ = 32,
 };
 
 /** inv message data */
diff --git a/src/version.h b/src/version.h
index 38703b148a..7b5b48e641 100644
--- a/src/version.h
+++ b/src/version.h
@@ -11,7 +11,7 @@
  */
 
 
-static const int PROTOCOL_VERSION = 70233;
+static const int PROTOCOL_VERSION = 70234;
 
 //! initial proto version, to be increased after version/verack negotiation
 static const int INIT_PROTO_VERSION = 209;
@@ -55,6 +55,9 @@ static const int MNLISTDIFF_CHAINLOCKS_PROTO_VERSION = 70230;
 //! Legacy ISLOCK messages and a corresponding INV were dropped in this version
 static const int NO_LEGACY_ISLOCK_PROTO_VERSION = 70231;
 
+//! Inventory type for DSQ messages added
+static const int DSQ_INV_VERSION = 70234;
+
 // Make sure that none of the values above collide with `ADDRV2_FORMAT`.
 
 #endif // BITCOIN_VERSION_H
diff --git a/test/lint/lint-circular-dependencies.sh b/test/lint/lint-circular-dependencies.sh
index 340c97e452..603f79baf9 100755
--- a/test/lint/lint-circular-dependencies.sh
+++ b/test/lint/lint-circular-dependencies.sh
@@ -87,10 +87,11 @@ EXPECTED_CIRCULAR_DEPENDENCIES=(
     "evo/deterministicmns -> validationinterface -> evo/deterministicmns"
     "logging -> util/system -> sync -> logging/timer -> logging"
 
+    "coinjoin/client -> net_processing -> coinjoin/client"
+    "coinjoin/client -> net_processing -> coinjoin/context -> coinjoin/client"
     "coinjoin/context -> coinjoin/server -> net_processing -> coinjoin/context"
     "coinjoin/server -> net_processing -> coinjoin/server"
     "llmq/context -> llmq/ehf_signals -> net_processing -> llmq/context"
-    "coinjoin/client -> coinjoin/util -> wallet/wallet -> psbt -> node/transaction -> node/context -> coinjoin/context -> coinjoin/client"
     "llmq/blockprocessor -> net_processing -> llmq/blockprocessor"
     "llmq/chainlocks -> net_processing -> llmq/chainlocks"
     "llmq/dkgsession -> net_processing -> llmq/quorums -> llmq/dkgsession"
@@ -100,7 +101,6 @@ EXPECTED_CIRCULAR_DEPENDENCIES=(
     "llmq/blockprocessor -> net_processing -> llmq/context -> llmq/blockprocessor"
     "llmq/blockprocessor -> net_processing -> llmq/quorums -> llmq/blockprocessor"
     "llmq/chainlocks -> net_processing -> llmq/context -> llmq/chainlocks"
-    "coinjoin/client -> coinjoin/coinjoin -> llmq/chainlocks -> net_processing -> coinjoin/client"
     "rpc/blockchain -> rpc/server -> rpc/blockchain"
 )