diff --git a/cmd/linksharing/config.yaml.lock b/cmd/linksharing/config.yaml.lock
index 2dbb7f61..8aca4c19 100644
--- a/cmd/linksharing/config.yaml.lock
+++ b/cmd/linksharing/config.yaml.lock
@@ -70,6 +70,12 @@ client.identity.cert-path: ""
 # path to the private key for this identity
 client.identity.key-path: ""
 
+# the number of concurrent requests total to allow
+# concurrent-request-limit: 40000
+
+# if true, wait until a slot opens. if false, return 429
+# concurrent-request-wait: false
+
 # RPC connection pool capacity
 connection-pool.capacity: 100
 
diff --git a/cmd/linksharing/main.go b/cmd/linksharing/main.go
index 5ea9c6b1..d53f19c7 100644
--- a/cmd/linksharing/main.go
+++ b/cmd/linksharing/main.go
@@ -54,6 +54,8 @@ type LinkSharing struct {
 	StandardViewsHTML      bool          `user:"true" help:"serve HTML as text/html instead of text/plain for standard (non-hosting) requests" default:"false"`
 	ListPageLimit          int           `help:"maximum number of paths to list on a single page" default:"100"`
 	DynamicAssetsDir       string        `help:"use a assets dir that is reparsed for every request" default:""`
+	ConcurrentRequestLimit int           `help:"the number of concurrent requests total to allow" default:"40000"`
+	ConcurrentRequestWait  bool          `help:"if true, wait until a slot opens. if false, return 429" default:"false"`
 
 	Client struct {
 		Identity uplinkutil.IdentityConfig
@@ -212,7 +214,9 @@ func cmdRun(cmd *cobra.Command, args []string) (err error) {
 				ChainPEM:    clientCertPEM,
 				KeyPEM:      clientKeyPEM,
 			},
-			ListPageLimit: runCfg.ListPageLimit,
+			ListPageLimit:          runCfg.ListPageLimit,
+			ConcurrentRequestLimit: runCfg.ConcurrentRequestLimit,
+			ConcurrentRequestWait:  runCfg.ConcurrentRequestWait,
 		},
 		GeoLocationDB: runCfg.GeoLocationDB,
 		ShutdownDelay: runCfg.ShutdownDelay,
diff --git a/pkg/linksharing/sharing/handler.go b/pkg/linksharing/sharing/handler.go
index f4254d7d..e127b2d0 100644
--- a/pkg/linksharing/sharing/handler.go
+++ b/pkg/linksharing/sharing/handler.go
@@ -17,6 +17,7 @@ import (
 	"github.com/spacemonkeygo/monkit/v3"
 	"github.com/zeebo/errs"
 	"go.uber.org/zap"
+	"golang.org/x/sync/semaphore"
 
 	"storj.io/common/ranger"
 	"storj.io/common/ranger/httpranger"
@@ -147,6 +148,11 @@ type Config struct {
 
 	// Maximum number of paths to list on a single page.
 	ListPageLimit int
+
+	// ConcurrentRequestLimit is the number of total concurrent requests a handler will serve. If <= 0, no limit.
+	ConcurrentRequestLimit int
+	// ConcurrentRequestWait if true will make requests wait for a free slot instead of returning 429 (the default, false).
+	ConcurrentRequestWait bool
 }
 
 // ConnectionPoolConfig is a config struct for configuring RPC connection pool options.
@@ -178,6 +184,8 @@ type Handler struct {
 	archiveRanger          func(ctx context.Context, project *uplink.Project, bucket, key, path string, canReturnGzip bool) (_ ranger.Ranger, isGzip bool, _ error)
 	inShutdown             *int32
 	listPageLimit          int
+	concurrentRequests     *semaphore.Weighted
+	concurrentRequestWait  bool
 }
 
 // NewHandler creates a new link sharing HTTP handler.
@@ -283,6 +291,11 @@ func NewHandler(log *zap.Logger, mapper *objectmap.IPDB, txtRecords *TXTRecords,
 		}
 	}
 
+	var concurrentRequests *semaphore.Weighted
+	if config.ConcurrentRequestLimit > 0 {
+		concurrentRequests = semaphore.NewWeighted(int64(config.ConcurrentRequestLimit))
+	}
+
 	return &Handler{
 		log:                    log,
 		urlBases:               bases,
@@ -301,6 +314,8 @@ func NewHandler(log *zap.Logger, mapper *objectmap.IPDB, txtRecords *TXTRecords,
 		archiveRanger:          defaultArchiveRanger,
 		inShutdown:             inShutdown,
 		listPageLimit:          config.ListPageLimit,
+		concurrentRequests:     concurrentRequests,
+		concurrentRequestWait:  config.ConcurrentRequestWait,
 	}, nil
 }
 
@@ -430,6 +445,12 @@ func (handler *Handler) serveHTTP(ctx context.Context, w http.ResponseWriter, r
 	}
 	handler.cors(ctx, w, r)
 
+	done, err := handler.rateLimit(ctx)
+	if err != nil {
+		return errdata.WithStatus(err, http.StatusTooManyRequests)
+	}
+	defer done()
+
 	ourDomain, err := isDomainOurs(r.Host, handler.urlBases)
 	if err != nil {
 		return err
@@ -476,6 +497,22 @@ func (handler *Handler) healthProcess(ctx context.Context, w http.ResponseWriter
 	return err
 }
 
+func (handler *Handler) rateLimit(ctx context.Context) (done func(), err error) {
+	if handler.concurrentRequests == nil {
+		return func() {}, nil
+	}
+	if handler.concurrentRequestWait {
+		err := handler.concurrentRequests.Acquire(ctx, 1)
+		if err != nil {
+			return nil, err
+		}
+	} else if !handler.concurrentRequests.TryAcquire(1) {
+		return nil, errs.New("too many requests")
+	}
+
+	return func() { handler.concurrentRequests.Release(1) }, nil
+}
+
 func cacheControlStatic(h http.Handler) http.Handler {
 	return http.HandlerFunc(func(w http.ResponseWriter, r *http.Request) {
 		w.Header().Set("Cache-Control", "public, max-age=15552000")