diff --git a/web/supabase/migrations/__tests__/freeze_trade_financials.test.ts b/web/supabase/migrations/__tests__/freeze_trade_financials.test.ts
new file mode 100644
index 00000000..a09984d0
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+++ b/web/supabase/migrations/__tests__/freeze_trade_financials.test.ts
@@ -0,0 +1,66 @@
+// DB-backed verification of migration 20260725040000 (BYPASS #1 custody fix):
+// the freeze trigger must make trade fund-routing columns immutable for non-
+// service-role writers. Runs the EXACT trigger from the migration on a real
+// Postgres engine (pglite/WASM, no system install). Run:
+//   deno run -A web/supabase/migrations/__tests__/freeze_trade_financials.test.ts
+// NOTE: proves the trigger (primary custody guard, current_setting-based). The
+// RLS/REVOKE role-enforcement in the sibling migrations is single-user-untestable
+// here and must be verified on a multi-role staging Postgres (see DEPLOY_RUNBOOK).
+import { PGlite } from "npm:@electric-sql/pglite";
+const db = new PGlite();
+let pass = 0, fail = 0;
+const ok = (c:boolean,m:string)=>{ c?(pass++,console.log("  ✅ "+m)):(fail++,console.log("  ❌ "+m)); };
+async function raises(sql:string){ try{ await db.exec(sql); return false; }catch(_e){ return true; } }
+
+// minimal schema + EXACT trigger from migration 20260725040000
+await db.exec(`
+CREATE TABLE p2p_fiat_trades (
+  id uuid PRIMARY KEY DEFAULT gen_random_uuid(),
+  offer_id uuid, seller_id uuid, buyer_id uuid,
+  crypto_amount numeric, fiat_amount numeric, price_per_unit numeric,
+  escrow_locked_amount numeric, status text, buyer_payment_reference text
+);
+CREATE OR REPLACE FUNCTION enforce_trade_financial_immutability()
+RETURNS TRIGGER AS $$
+BEGIN
+  IF current_setting('role', true) = 'service_role'
+     OR current_setting('request.jwt.claim.role', true) = 'service_role' THEN
+    RETURN NEW;
+  END IF;
+  IF NEW.offer_id IS DISTINCT FROM OLD.offer_id
+     OR NEW.seller_id IS DISTINCT FROM OLD.seller_id
+     OR NEW.buyer_id IS DISTINCT FROM OLD.buyer_id
+     OR NEW.crypto_amount IS DISTINCT FROM OLD.crypto_amount
+     OR NEW.fiat_amount IS DISTINCT FROM OLD.fiat_amount
+     OR NEW.price_per_unit IS DISTINCT FROM OLD.price_per_unit
+     OR NEW.escrow_locked_amount IS DISTINCT FROM OLD.escrow_locked_amount THEN
+    RAISE EXCEPTION 'Trade fund-routing columns are immutable';
+  END IF;
+  RETURN NEW;
+END;$$ LANGUAGE plpgsql;
+CREATE TRIGGER trg_freeze_trade_financials BEFORE UPDATE ON p2p_fiat_trades
+  FOR EACH ROW EXECUTE FUNCTION enforce_trade_financial_immutability();
+INSERT INTO p2p_fiat_trades (id, seller_id, buyer_id, crypto_amount, status)
+  VALUES ('11111111-1111-1111-1111-111111111111','22222222-2222-2222-2222-222222222222','33333333-3333-3333-3333-333333333333', 100, 'payment_sent');
+`);
+console.log("BYPASS #1 (escrow-release redirection via trade-row) — freeze trigger:");
+// A) anon UPDATE buyer_id -> MUST raise
+await db.exec(`SELECT set_config('request.jwt.claim.role','anon',false);`);
+ok(await raises(`UPDATE p2p_fiat_trades SET buyer_id='44444444-4444-4444-4444-444444444444' WHERE id='11111111-1111-1111-1111-111111111111'`),
+   "anon UPDATE buyer_id (attacker redirect) -> BLOCKED");
+// B) anon UPDATE crypto_amount -> MUST raise
+ok(await raises(`UPDATE p2p_fiat_trades SET crypto_amount=999999 WHERE id='11111111-1111-1111-1111-111111111111'`),
+   "anon UPDATE crypto_amount (amount tamper) -> BLOCKED");
+// C) anon UPDATE status only -> MUST succeed (non-custodial fields open)
+ok(!(await raises(`UPDATE p2p_fiat_trades SET status='paid', buyer_payment_reference='x' WHERE id='11111111-1111-1111-1111-111111111111'`)),
+   "anon UPDATE status/proof only -> ALLOWED (correct)");
+// D) service_role UPDATE buyer_id -> MUST succeed (exempt)
+await db.exec(`SELECT set_config('request.jwt.claim.role','service_role',false);`);
+ok(!(await raises(`UPDATE p2p_fiat_trades SET buyer_id='55555555-5555-5555-5555-555555555555' WHERE id='11111111-1111-1111-1111-111111111111'`)),
+   "service_role UPDATE buyer_id -> ALLOWED (reconciliation)");
+// verify buyer_id was NOT changed by the blocked anon attempt
+const r:any = await db.query(`SELECT buyer_id FROM p2p_fiat_trades WHERE id='11111111-1111-1111-1111-111111111111'`);
+ok(r.rows[0].buyer_id==='55555555-5555-5555-5555-555555555555',
+   "final buyer_id = service_role value (attacker redirect never persisted)");
+console.log(`\nRESULT: ${pass} passed, ${fail} failed`);
+Deno.exit(fail>0?1:0);