diff --git a/CHANGELOG_PENDING.md b/CHANGELOG_PENDING.md
index 68a550398..1996bfcc4 100644
--- a/CHANGELOG_PENDING.md
+++ b/CHANGELOG_PENDING.md
@@ -28,3 +28,4 @@ Friendly reminder, we have a [bug bounty program](https://hackerone.com/tendermi
 
 - [crypto/merkle] [\#2756](https://github.com/tendermint/tendermint/issues/2756) Fix crypto/merkle ProofOperators.Verify to check bounds on keypath parts.
 - [mempool] fix a bug where we create a WAL despite `wal_dir` being empty
+- [p2p] \#2771 Fix `peer-id` label name in prometheus metrics
diff --git a/p2p/peer.go b/p2p/peer.go
index 944174b0e..e98c16d26 100644
--- a/p2p/peer.go
+++ b/p2p/peer.go
@@ -240,7 +240,7 @@ func (p *peer) Send(chID byte, msgBytes []byte) bool {
 	}
 	res := p.mconn.Send(chID, msgBytes)
 	if res {
-		p.metrics.PeerSendBytesTotal.With("peer-id", string(p.ID())).Add(float64(len(msgBytes)))
+		p.metrics.PeerSendBytesTotal.With("peer_id", string(p.ID())).Add(float64(len(msgBytes)))
 	}
 	return res
 }
@@ -255,7 +255,7 @@ func (p *peer) TrySend(chID byte, msgBytes []byte) bool {
 	}
 	res := p.mconn.TrySend(chID, msgBytes)
 	if res {
-		p.metrics.PeerSendBytesTotal.With("peer-id", string(p.ID())).Add(float64(len(msgBytes)))
+		p.metrics.PeerSendBytesTotal.With("peer_id", string(p.ID())).Add(float64(len(msgBytes)))
 	}
 	return res
 }
@@ -330,7 +330,7 @@ func (p *peer) metricsReporter() {
 				sendQueueSize += float64(chStatus.SendQueueSize)
 			}
 
-			p.metrics.PeerPendingSendBytes.With("peer-id", string(p.ID())).Set(sendQueueSize)
+			p.metrics.PeerPendingSendBytes.With("peer_id", string(p.ID())).Set(sendQueueSize)
 		case <-p.Quit():
 			return
 		}