diff --git a/docs/getting-started/changelog.md b/docs/getting-started/changelog.md
index 769cdb991..b7f194edf 100644
--- a/docs/getting-started/changelog.md
+++ b/docs/getting-started/changelog.md
@@ -14,6 +14,7 @@ _During the beta period, these restrictions may be relaxed in the event of a mis
 - Added `vscode.html-custom-data.json` to the build to support IntelliSense (see [the usage section](/getting-started/usage#code-completion) for details)
 - Added a style to prevent FOUC before components are defined
 - Fixed bug where TypeScript types weren't being generated [#364](https://github.com/shoelace-style/shoelace/pull/364)
+- Improved vertical padding in `sl-tooltip`
 - Moved chunk files into a separate folder
 - Updated esbuild to 0.8.54
 
diff --git a/src/styles/base.scss b/src/styles/base.scss
index cb0727f9d..0c48475a1 100644
--- a/src/styles/base.scss
+++ b/src/styles/base.scss
@@ -277,7 +277,7 @@
   --sl-tooltip-font-weight: var(--sl-font-weight-normal);
   --sl-tooltip-font-size: var(--sl-font-size-small);
   --sl-tooltip-line-height: var(--sl-line-height-dense);
-  --sl-tooltip-padding: var(--sl-spacing-xxx-small) var(--sl-spacing-x-small);
+  --sl-tooltip-padding: var(--sl-spacing-xx-small) var(--sl-spacing-x-small);
   --sl-tooltip-arrow-size: 5px;
   --sl-tooltip-arrow-start-end-offset: 8px;