The Interplanetary File System (IPFS) [1] is a popular Peer-to-Peer (P2P) overlay network with a focus on content-addressed data exchange. While IPFS offers decentralized file storage, improving resilience, it suffers from privacy challenges [3]. In particular Bitswap, the data exchange protocol suffers under these challenges. That is, Bitswap contacts all neighbors for content discovery revealing interest to many participants.