diff --git a/packages/static/src/rsc/defer.tsx b/packages/static/src/rsc/defer.tsx
index 139956d..2c0e48a 100644
--- a/packages/static/src/rsc/defer.tsx
+++ b/packages/static/src/rsc/defer.tsx
@@ -7,6 +7,7 @@ import { getPayloadIDFor } from "./rscModule";
 export interface DeferEntry {
   state: DeferEntryState;
   name?: string;
+  drainPromise?: Promise<string>;
 }
 
 /**
@@ -23,6 +24,7 @@ export interface DeferOptions {
 
 export interface LoadedDeferEntry extends DeferEntry {
   state: Exclude<DeferEntryState, { state: "pending" }>;
+  drainPromise: Promise<string>;
 }
 
 type DeferEntryState =
@@ -77,29 +79,23 @@ export class DeferRegistry {
         const stream = renderToReadableStream<ReactNode>(state.element);
         const [stream1, stream2] = stream.tee();
         entry.state = { state: "streaming", stream: stream1 };
-        (async () => {
-          const chunks: string[] = [];
-          const decoder = new TextDecoder();
-          for await (const chunk of stream2) {
-            chunks.push(decoder.decode(chunk, { stream: true }));
-          }
-          chunks.push(decoder.decode());
-          entry.state = {
-            state: "ready",
-            data: chunks.join(""),
-          };
-        })().catch((error) => {
-          entry.state = { state: "error", error };
-        });
+        const drainPromise = drainStream(stream2);
+        entry.drainPromise = drainPromise;
+        drainPromise.then(
+          (data) => {
+            entry.state = { state: "ready", data };
+          },
+          (error) => {
+            entry.state = { state: "error", error };
+          },
+        );
         return entry as LoadedDeferEntry;
       }
       case "streaming":
       case "ready":
-      case "error": {
+      case "error":
         return entry as LoadedDeferEntry;
-      }
     }
-    state satisfies never;
   }
 
   has(id: string): boolean {
@@ -113,11 +109,14 @@ export class DeferRegistry {
   async *loadAll() {
     const errors: unknown[] = [];
 
-    // Phase 1: Start all entries loading
-    const loadedEntries = Array.from(
-      this.#registry,
-      ([id, entry]) => [id, this.#loadEntry(entry), entry.name] as const,
-    );
+    // Phase 1: Start all entries loading and collect drain promises.
+    // We use drain promises (which drain stream2 from tee) instead of
+    // draining stream1 directly, because stream1 may have been locked
+    // by createFromReadableStream during SSR.
+    const loadedEntries = Array.from(this.#registry, ([id, entry]) => {
+      const loaded = this.#loadEntry(entry);
+      return [id, loaded.drainPromise, entry.name] as const;
+    });
 
     if (loadedEntries.length === 0) return;
 
@@ -134,29 +133,12 @@ export class DeferRegistry {
       waiting?.();
     };
 
-    // Phase 2: Start all operations (each pushes to queue when done)
-    for (const [id, loadedEntry, name] of loadedEntries) {
-      (async () => {
-        try {
-          switch (loadedEntry.state.state) {
-            case "streaming":
-              onComplete({
-                id,
-                data: await drainStream(loadedEntry.state.stream),
-                name,
-              });
-              break;
-            case "ready":
-              onComplete({ id, data: loadedEntry.state.data, name });
-              break;
-            case "error":
-              onComplete({ error: loadedEntry.state.error });
-              break;
-          }
-        } catch (error) {
-          onComplete({ error });
-        }
-      })();
+    // Phase 2: Await drain promises
+    for (const [id, drainPromise, name] of loadedEntries) {
+      drainPromise.then(
+        (data) => onComplete({ id, data, name }),
+        (error) => onComplete({ error }),
+      );
     }
 
     // Phase 3: Yield from queue as results arrive