diff --git a/src/ipc/capnp/protocol.cpp b/src/ipc/capnp/protocol.cpp
index 4150f9f4664..27ef73e84e5 100644
--- a/src/ipc/capnp/protocol.cpp
+++ b/src/ipc/capnp/protocol.cpp
@@ -30,10 +30,36 @@
 namespace ipc {
 namespace capnp {
 namespace {
-void IpcLogFn(bool raise, std::string message)
+
+BCLog::Level ConvertIPCLogLevel(mp::Log level)
 {
-    LogDebug(BCLog::IPC, "%s\n", message);
-    if (raise) throw Exception(message);
+    switch (level) {
+        case mp::Log::Trace: return BCLog::Level::Trace;
+        case mp::Log::Debug: return BCLog::Level::Debug;
+        case mp::Log::Info: return BCLog::Level::Info;
+        case mp::Log::Warning: return BCLog::Level::Warning;
+        case mp::Log::Error: return BCLog::Level::Error;
+        case mp::Log::Raise: return BCLog::Level::Error;
+    } // no default case, so the compiler can warn about missing cases
+
+    // Be conservative and assume that if MP ever adds a new log level, it
+    // should only be shown at our most verbose level.
+    return BCLog::Level::Trace;
+}
+
+mp::Log GetRequestedIPCLogLevel()
+{
+    if (LogAcceptCategory(BCLog::IPC, BCLog::Level::Trace)) return mp::Log::Trace;
+    if (LogAcceptCategory(BCLog::IPC, BCLog::Level::Debug)) return mp::Log::Debug;
+
+    // Info, Warning, and Error are logged unconditionally
+    return mp::Log::Info;
+}
+
+void IpcLogFn(mp::LogMessage message)
+{
+    LogPrintLevel(BCLog::IPC, ConvertIPCLogLevel(message.level), "%s\n", message.message);
+    if (message.level == mp::Log::Raise) throw Exception(message.message);
 }
 
 class CapnpProtocol : public Protocol
@@ -62,7 +88,11 @@ public:
     {
         assert(!m_loop);
         mp::g_thread_context.thread_name = mp::ThreadName(exe_name);
-        m_loop.emplace(exe_name, &IpcLogFn, &m_context);
+        mp::LogOptions opts = {
+            .log_fn = IpcLogFn,
+            .log_level = GetRequestedIPCLogLevel()
+        };
+        m_loop.emplace(exe_name, std::move(opts), &m_context);
         if (ready_fn) ready_fn();
         mp::ServeStream<messages::Init>(*m_loop, fd, init);
         m_parent_connection = &m_loop->m_incoming_connections.back();
@@ -90,7 +120,11 @@ public:
         std::promise<void> promise;
         m_loop_thread = std::thread([&] {
             util::ThreadRename("capnp-loop");
-            m_loop.emplace(exe_name, &IpcLogFn, &m_context);
+            mp::LogOptions opts = {
+                .log_fn = IpcLogFn,
+                .log_level = GetRequestedIPCLogLevel()
+            };
+            m_loop.emplace(exe_name, std::move(opts), &m_context);
             m_loop_ref.emplace(*m_loop);
             promise.set_value();
             m_loop->loop();