diff --git a/crates/xenia-gpu/src/gpu_system.rs b/crates/xenia-gpu/src/gpu_system.rs
index 86a7f2c..03952b3 100644
--- a/crates/xenia-gpu/src/gpu_system.rs
+++ b/crates/xenia-gpu/src/gpu_system.rs
@@ -1385,9 +1385,24 @@ impl GpuSystem {
                                 .register_file
                                 .read(CONST_BASE_FETCH + slot as u32 * 6 + k as u32);
                         }
-                        let Some(key) = crate::texture_cache::decode_fetch_constant(fetch6) else {
+                        let Some(mut key) = crate::texture_cache::decode_fetch_constant(fetch6) else {
                             continue;
                         };
+                        // The Xenos texture fetch constant carries a guest
+                        // *physical* base address (`base >> 12`). On the Xbox
+                        // 360 the GPU reads the unified physical memory; the
+                        // CPU writes the (decompressed) texels through its
+                        // cached-physical aperture, which ours backs at the
+                        // committed `0x4000_0000` window. Map the physical
+                        // base onto that backing window so the GPU samples the
+                        // bytes the guest actually wrote — exactly as the
+                        // vertex-fetch path does (`draw_capture.rs`) and as
+                        // canary reads textures through its GPU shared memory
+                        // (= physical). Without this the decode reads the
+                        // low VA `0x0dbee000` (always zero) instead of the
+                        // filled `0x4dbee000`, flattening every disk-asset
+                        // texture (e.g. the publisher logo `E59B2B3D`).
+                        key.base_address = physical_to_backing(key.base_address);
                         let bi = key.format.block_info();
                         let span_bytes = (key.pitch_texels as u32)
                             * (key.height as u32)