diff --git a/.changeset/plenty-geckos-applaud.md b/.changeset/plenty-geckos-applaud.md
new file mode 100644
index 0000000000..ae325065f9
--- /dev/null
+++ b/.changeset/plenty-geckos-applaud.md
@@ -0,0 +1,6 @@
+---
+"@pnpm/resolve-dependencies": patch
+"pnpm": patch
+---
+
+Peers resolution should not fail when a linked in dependency resolves a peer dependency.
diff --git a/pkg-manager/resolve-dependencies/src/resolvePeers.ts b/pkg-manager/resolve-dependencies/src/resolvePeers.ts
index 94e5143308..cec217b77e 100644
--- a/pkg-manager/resolve-dependencies/src/resolvePeers.ts
+++ b/pkg-manager/resolve-dependencies/src/resolvePeers.ts
@@ -279,6 +279,9 @@ function resolvePeersOfNode<T extends PartialResolvedPackage> (
           ctx.pathsByNodeId[cachedNodeId] &&
           ctx.pathsByNodeId[cachedNodeId] === ctx.pathsByNodeId[parentPkgNodeId]
         ) return true
+        if (!ctx.dependenciesTree[parentPkgNodeId] && parentPkgNodeId.startsWith('link:')) {
+          return false
+        }
         const parentDepPath = (ctx.dependenciesTree[parentPkgNodeId].resolvedPackage as T).depPath
         if (!ctx.purePkgs.has(parentDepPath)) return false
         const cachedDepPath = (ctx.dependenciesTree[cachedNodeId].resolvedPackage as T).depPath