diff --git a/src/components/AnnouncementBanner.tsx b/src/components/AnnouncementBanner.tsx
index 9316ee52..36cdd5c7 100644
--- a/src/components/AnnouncementBanner.tsx
+++ b/src/components/AnnouncementBanner.tsx
@@ -26,3 +26,25 @@ export const AnnouncementBanner = (props: { href: string; i18nKey?: string }) =>
     </a>
   )
 }
+
+export const V5BetaAnnouncementBanner = () => {
+  return (
+    <a
+      href='https://pooltogether.mirror.xyz/IeSRsl6cRCF64LqBruoHINJb1EipiBcRm-JU2U9-WuI'
+      rel='noopener noreferrer'
+      target='_blank'
+      className={classNames(
+        'px-2 xs:px-8 bg-actually-black bg-opacity-5 hover:bg-opacity-20 dark:bg-actually-black dark:bg-opacity-50 dark:hover:bg-opacity-100 transition w-full max-w-screen-xs mx-auto xs:rounded-lg py-2 text-pt-purple-darkest dark:text-white flex flex-row items-center justify-center text-center text-xxxs sm:text-xs hover:shadow-md'
+      )}
+    >
+      <span>
+        📣 The private beta for PoolTogether V5 is live!
+        <FeatherIcon
+          icon='arrow-up-right'
+          className='ml-1 mb-0.5 w-2 h-2 xs:w-3 xs:h-3 inline-block'
+        />{' '}
+        📣
+      </span>
+    </a>
+  )
+}
diff --git a/src/views/Deposit/index.tsx b/src/views/Deposit/index.tsx
index c087e85c..cf5482a2 100644
--- a/src/views/Deposit/index.tsx
+++ b/src/views/Deposit/index.tsx
@@ -6,7 +6,7 @@ import { useTranslation } from 'next-i18next'
 import React from 'react'
 import { DepositTrigger } from './DepositTrigger'
 import { PrizePoolNetworkCarousel } from './PrizePoolNetworkCarousel'
-import { AnnouncementBanner } from '../../components/AnnouncementBanner'
+import { AnnouncementBanner, V5BetaAnnouncementBanner } from '../../components/AnnouncementBanner'
 
 export const DepositUI = () => {
   return (
@@ -17,10 +17,11 @@ export const DepositUI = () => {
       style={{ minHeight: '620px' }}
     >
       <div className='flex flex-col space-y-2'>
-        <AnnouncementBanner
+        {/* <AnnouncementBanner
           href={'https://pooltogether.mirror.xyz/-ZAV-RfzeNW5F1fnGGjMF3LL7G8NNgMhYwhWMS3Y4rI'}
           i18nKey={'pooltogetherEnsSubdomain'}
-        />
+        /> */}
+        <V5BetaAnnouncementBanner />
         <ActiveProposalsBanner />
       </div>
       <PrizePoolNetworkCarousel />