diff --git a/CHANGELOG.md b/CHANGELOG.md
index 2dbdf60be..f5da2d66c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,7 @@
+# 2.1.1-beta.x
+
+- Update version detection with pathname & version de-dupe
+
 # 2.0.1
 
 - Update w3f/schnorrkel to 0.8.5 (Full Substrate 2.x support, no 1.x support)
diff --git a/packages/keyring/src/index.ts b/packages/keyring/src/index.ts
index 65a5da072..b726ab316 100644
--- a/packages/keyring/src/index.ts
+++ b/packages/keyring/src/index.ts
@@ -7,15 +7,22 @@ import { decodeAddress, encodeAddress, setSS58Format } from '@polkadot/util-cryp
 
 import Keyring from './keyring';
 
+let dirname = 'node_modules';
 let pkgJson;
 
+try {
+  dirname = __dirname;
+} catch (error) {
+  // ignore
+}
+
 try {
   pkgJson = require('./package.json');
 } catch (error) {
   pkgJson = require('../package.json');
 }
 
-detectPackage(pkgJson);
+detectPackage(dirname, pkgJson);
 
 export default Keyring;
 
diff --git a/packages/util/src/detectPackage.spec.ts b/packages/util/src/detectPackage.spec.ts
index e15cdadfc..09c0fcdae 100644
--- a/packages/util/src/detectPackage.spec.ts
+++ b/packages/util/src/detectPackage.spec.ts
@@ -5,10 +5,15 @@
 import { detectPackage } from '.';
 
 describe('assertSingletonPackage', (): void => {
+  const PKG = '@polkadot/util';
+  const VER1 = '9.8.0-beta.45';
+  const VER2 = '9.7.1';
+  const PATH = '/Users/jaco/Projects/polkadot-js/api/node_modules/@polkadot/util';
+
   it('should not log the first time', (): void => {
     const spy = jest.spyOn(console, 'warn');
 
-    detectPackage({ name: '@polkadot/util', version: 'a.b.c-1st' });
+    detectPackage(`${PATH}/01`, { name: PKG, version: VER1 });
     expect(spy).not.toHaveBeenCalled();
     spy.mockRestore();
   });
@@ -16,8 +21,8 @@ describe('assertSingletonPackage', (): void => {
   it('should log the second time', (): void => {
     const spy = jest.spyOn(console, 'warn');
 
-    detectPackage({ name: '@polkadot/util', version: 'a.b.c-2nd' });
-    expect(spy).toHaveBeenCalledWith('Multiple versions of @polkadot/util detected: a.b.c-1st, a.b.c-2nd. Ensure that there is only one version in your dependency tree');
+    detectPackage(`${PATH}/02`, { name: PKG, version: VER2 });
+    expect(spy).toHaveBeenCalledWith(`Multiple instances of @polkadot/util detected, ensure that there is only one package in your dependency tree.\n\t${VER1}\t${PATH}/01\n\t${VER2}        \t${PATH}/02`);
     spy.mockRestore();
   });
 });
diff --git a/packages/util/src/detectPackage.ts b/packages/util/src/detectPackage.ts
index 91d9d080a..218f01b35 100644
--- a/packages/util/src/detectPackage.ts
+++ b/packages/util/src/detectPackage.ts
@@ -3,27 +3,47 @@
 // of the Apache-2.0 license. See the LICENSE file for details.
 
 import assert from './assert';
+import isString from './is/string';
 
 // eslint-disable-next-line no-undef
 type This = typeof globalThis;
 
-interface PjsChecks extends This {
-  __polkadotjs: Record<string, string[]>;
-}
-
 interface PackageJson {
   name: string;
   version: string;
 }
 
+interface VersionPath {
+  path: string;
+  version: string;
+}
+
+interface PjsChecks extends This {
+  __polkadotjs: Record<string, VersionPath[]>;
+}
+
 type PjsGlobal = NodeJS.Global & PjsChecks;
 type PjsWindow = Window & PjsChecks;
 
+/** @internal */
+function flattenVersions (_all: (VersionPath | string)[]): string {
+  const all: VersionPath[] = _all.map((version: VersionPath | string): VersionPath =>
+    isString(version)
+      ? { path: '', version }
+      : version
+  );
+  const verLength = all.reduce((max, { version }): number => Math.max(max, version.length), 0);
+
+  return all
+    .map(({ path, version }): string => `\t${version.padEnd(verLength)}\t${path}`)
+    .join('\n');
+}
+
 /**
  * @name detectPackage
  * @summary Checks that a specific package is only imported once
  */
-export default function detectPackage ({ name, version }: PackageJson): void {
+export default function detectPackage (path: string, { name, version }: PackageJson): void {
   const _global = typeof window !== 'undefined'
     ? window as PjsWindow
     : global as PjsGlobal;
@@ -34,9 +54,11 @@ export default function detectPackage ({ name, version }: PackageJson): void {
 
   assert(name.startsWith('@polkadot'), `Invalid package descriptor ${name}`);
 
-  _global.__polkadotjs[name] = [...(_global.__polkadotjs[name] || []), version];
+  _global.__polkadotjs[name] = [...(_global.__polkadotjs[name] || []), { path, version }];
 
   if (_global.__polkadotjs[name].length !== 1) {
-    console.warn(`Multiple versions of ${name} detected: ${_global.__polkadotjs[name].join(', ')}. Ensure that there is only one version in your dependency tree`);
+    const versions = flattenVersions(_global.__polkadotjs[name]);
+
+    console.warn(`Multiple instances of ${name} detected, ensure that there is only one package in your dependency tree.\n${versions}`);
   }
 }