diff --git a/rust-lightning b/rust-lightning
index e0e7aabe..dd15b538 160000
--- a/rust-lightning
+++ b/rust-lightning
@@ -1 +1 @@
-Subproject commit e0e7aabe5ce000c247340055b66a146f34c6471c
+Subproject commit dd15b5385b3c46f5f9d3ef167dfe972fde966dfd
diff --git a/src/ldk.rs b/src/ldk.rs
index addd4dcf..f9e6ff9a 100644
--- a/src/ldk.rs
+++ b/src/ldk.rs
@@ -130,6 +130,12 @@ pub(crate) static HOLD_PAYMENT_CLAIMABLE_ON_NODE: Mutex<Option<PublicKey>> = Mut
 #[cfg(test)]
 pub(crate) static HELD_PAYMENT_CLAIMABLE_COUNT: AtomicUsize = AtomicUsize::new(0);
 
+// Test-only: the node with this pubkey emits a `push_asset_amount` greater than the channel asset
+// amount on the wire in `open_channel`, regardless of the value validated by its REST layer. Used
+// to model a channel counterparty whose wire client is not bound by the sender-side clamp.
+#[cfg(test)]
+pub(crate) static FORCE_PUSH_ASSET_AMOUNT_ON_NODE: Mutex<Option<PublicKey>> = Mutex::new(None);
+
 pub(crate) struct LdkBackgroundServices {
     stop_processing: Arc<AtomicBool>,
     peer_manager: Arc<PeerManager>,
diff --git a/src/routes.rs b/src/routes.rs
index 2ff56fd9..58146985 100644
--- a/src/routes.rs
+++ b/src/routes.rs
@@ -79,6 +79,8 @@ use tokio::{
     sync::MutexGuard as TokioMutexGuard,
 };
 
+#[cfg(test)]
+use crate::ldk::FORCE_PUSH_ASSET_AMOUNT_ON_NODE;
 use crate::swap::{SwapData, SwapInfo, SwapString};
 use crate::utils::{
     check_already_initialized, check_channel_id, check_password_strength, check_password_validity,
@@ -3495,7 +3497,16 @@ pub(crate) async fn open_channel(
             let schema = unlocked_state
                 .rgb_get_asset_metadata(*contract_id)?
                 .asset_schema;
-            (Some((*contract_id, payload.push_asset_amount)), Some(schema))
+            #[cfg(not(test))]
+            let wire_push_asset_amount = payload.push_asset_amount;
+            #[cfg(test)]
+            let wire_push_asset_amount = match *FORCE_PUSH_ASSET_AMOUNT_ON_NODE.lock().unwrap() {
+                Some(node) if node == unlocked_state.channel_manager.get_our_node_id() => {
+                    Some(*asset_amount + 1)
+                }
+                _ => payload.push_asset_amount,
+            };
+            (Some((*contract_id, wire_push_asset_amount)), Some(schema))
         } else {
             let balance = unlocked_state.rgb_get_btc_balance(true)?;
             if payload.capacity_sat > balance.vanilla.spendable {
diff --git a/src/test/mod.rs b/src/test/mod.rs
index 1f441edd..ffc88ccf 100644
--- a/src/test/mod.rs
+++ b/src/test/mod.rs
@@ -29,8 +29,8 @@ use tracing_test::traced_test;
 use crate::disk::LDK_LOGS_FILE;
 use crate::error::APIErrorResponse;
 use crate::ldk::{
-    FEE_RATE, HELD_PAYMENT_CLAIMABLE_COUNT, HOLD_PAYMENT_CLAIMABLE_ON_NODE,
-    IGNORE_INBOUND_CHANNELS_ON_NODE,
+    FEE_RATE, FORCE_PUSH_ASSET_AMOUNT_ON_NODE, HELD_PAYMENT_CLAIMABLE_COUNT,
+    HOLD_PAYMENT_CLAIMABLE_ON_NODE, IGNORE_INBOUND_CHANNELS_ON_NODE,
 };
 use crate::routes::{
     AddressResponse, AssetBalanceRequest, AssetBalanceResponse, AssetCFA, AssetIFA, AssetNIA,
@@ -2281,6 +2281,7 @@ mod openchannel_optional_addr;
 mod openchannel_push_asset_amount;
 mod out_of_band;
 mod payment;
+mod push_asset_amount_above_chan_amt;
 mod refuse_high_fees;
 mod restart;
 mod send_receive;
diff --git a/src/test/push_asset_amount_above_chan_amt.rs b/src/test/push_asset_amount_above_chan_amt.rs
new file mode 100644
index 00000000..39924124
--- /dev/null
+++ b/src/test/push_asset_amount_above_chan_amt.rs
@@ -0,0 +1,64 @@
+use super::*;
+
+const TEST_DIR_BASE: &str = "tmp/push_asset_amount_above_chan_amt/";
+
+/// A counterparty sending a `push_asset_amount` greater than the channel asset amount used to
+/// underflow `remote_rgb_amount` on the acceptor, panicking its event handler. The acceptor must
+/// reject the funding and stay alive.
+#[serial_test::serial]
+#[tokio::test(flavor = "multi_thread", worker_threads = 1)]
+#[traced_test]
+async fn push_asset_amount_above_chan_amt() {
+    initialize();
+
+    let test_dir_node1 = format!("{TEST_DIR_BASE}node1");
+    let test_dir_node2 = format!("{TEST_DIR_BASE}node2");
+    let (node1_addr, _) = start_node(&test_dir_node1, NODE1_PEER_PORT, false).await;
+    let (node2_addr, _) = start_node(&test_dir_node2, NODE2_PEER_PORT, false).await;
+
+    fund_and_create_utxos(node1_addr, None).await;
+    fund_and_create_utxos(node2_addr, None).await;
+
+    let node1_pubkey = node_info(node1_addr).await.pubkey;
+    let node2_pubkey = node_info(node2_addr).await.pubkey;
+
+    let asset_id = issue_asset_nia(node1_addr).await.asset_id;
+
+    // node1 puts more than the channel asset amount on the wire, bypassing the REST clamp that the
+    // push_asset_amount below satisfies
+    let _force_guard = NodeOverrideGuard::set(&FORCE_PUSH_ASSET_AMOUNT_ON_NODE, &node1_pubkey);
+
+    open_channel_raw(
+        node1_addr,
+        &node2_pubkey,
+        Some(NODE2_PEER_PORT),
+        Some(100_000),
+        None,
+        Some(100),
+        Some(&asset_id),
+        Some(0),
+        None,
+        None,
+        None,
+        true,
+        true,
+    )
+    .await
+    .unwrap();
+
+    // node2 rejects the funding, so node1's pending channel is discarded
+    let t_0 = OffsetDateTime::now_utc();
+    loop {
+        tokio::time::sleep(std::time::Duration::from_secs(1)).await;
+        if list_channels(node1_addr).await.is_empty() {
+            break;
+        }
+        if (OffsetDateTime::now_utc() - t_0).as_seconds_f32() > 30.0 {
+            panic!("initiator channel was not discarded");
+        }
+    }
+
+    // with the underflow node2 would have panicked in its event handler
+    node_info(node2_addr).await;
+    assert!(list_channels(node2_addr).await.is_empty());
+}