diff --git a/peer/README.md b/peer/README.md
index 47721557..38b0d015 100644
--- a/peer/README.md
+++ b/peer/README.md
@@ -3,22 +3,21 @@
Each peer connection is multiplexed into channels.
-### Default channel
+### PEX channel
-The default channel is used to communicate state changes, pings, peer exchange, and other automatic internal messages that all P2P protocols would want implemented.
+The PEX channel is used to exchange peer addresses.
Channel |
- "" |
+ "PEX" |
Messages |
- - PingMsg/PongMsg
- - PeerExchangeMsg
- - RefreshFilterMsg
+ - pexRequestMsg
+ - pexResponseMsg
|