diff --git a/compiler/forget/src/ReactiveScopes/PropagateScopeDependencies.ts b/compiler/forget/src/ReactiveScopes/PropagateScopeDependencies.ts
index 460d630d2c..842fd68101 100644
--- a/compiler/forget/src/ReactiveScopes/PropagateScopeDependencies.ts
+++ b/compiler/forget/src/ReactiveScopes/PropagateScopeDependencies.ts
@@ -11,6 +11,7 @@ import {
   IdentifierId,
   InstructionId,
   InstructionKind,
+  isRefValueType,
   isUseRefType,
   makeInstructionId,
   Place,
@@ -323,6 +324,11 @@ class Context {
       return false;
     }
 
+    // ref value is not a valid dep
+    if (isRefValueType(maybeDependency.identifier)) {
+      return false;
+    }
+
     const identifier = maybeDependency.identifier;
     // If this operand is used in a scope, has a dynamic value, and was defined
     // before this scope, then its a dependency of the scope.
diff --git a/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-no-added-to-dep.expect.md b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-no-added-to-dep.expect.md
new file mode 100644
index 0000000000..a68e34a230
--- /dev/null
+++ b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-no-added-to-dep.expect.md
@@ -0,0 +1,48 @@
+
+## Input
+
+```javascript
+function VideoTab() {
+  const ref = useRef();
+  const t = ref.current;
+  let x = () => {
+    t;
+  };
+
+  return <VideoList videos={x} />;
+}
+
+```
+
+## Code
+
+```javascript
+import { unstable_useMemoCache as useMemoCache } from "react";
+function VideoTab() {
+  const $ = useMemoCache(3);
+  const ref = useRef();
+  const t = ref.current;
+  let t0;
+  if ($[0] === Symbol.for("react.memo_cache_sentinel")) {
+    t0 = () => {
+      t;
+    };
+    $[0] = t0;
+  } else {
+    t0 = $[0];
+  }
+  const x = t0;
+  const c_1 = $[1] !== x;
+  let t1;
+  if (c_1) {
+    t1 = <VideoList videos={x} />;
+    $[1] = x;
+    $[2] = t1;
+  } else {
+    t1 = $[2];
+  }
+  return t1;
+}
+
+```
+      
\ No newline at end of file
diff --git a/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-no-added-to-dep.js b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-no-added-to-dep.js
new file mode 100644
index 0000000000..4ee957e987
--- /dev/null
+++ b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-no-added-to-dep.js
@@ -0,0 +1,9 @@
+function VideoTab() {
+  const ref = useRef();
+  const t = ref.current;
+  let x = () => {
+    t;
+  };
+
+  return <VideoList videos={x} />;
+}
diff --git a/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-not-added-to-dep-2.expect.md b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-not-added-to-dep-2.expect.md
new file mode 100644
index 0000000000..b5ec176278
--- /dev/null
+++ b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-not-added-to-dep-2.expect.md
@@ -0,0 +1,47 @@
+
+## Input
+
+```javascript
+function Foo({ a }) {
+  const ref = useRef();
+  const val = ref.current;
+  const x = { a, val };
+
+  return <VideoList videos={x} />;
+}
+
+```
+
+## Code
+
+```javascript
+import { unstable_useMemoCache as useMemoCache } from "react";
+function Foo(t21) {
+  const $ = useMemoCache(4);
+  const { a } = t21;
+  const ref = useRef();
+  const val = ref.current;
+  const c_0 = $[0] !== a;
+  let t0;
+  if (c_0) {
+    t0 = { a, val };
+    $[0] = a;
+    $[1] = t0;
+  } else {
+    t0 = $[1];
+  }
+  const x = t0;
+  const c_2 = $[2] !== x;
+  let t1;
+  if (c_2) {
+    t1 = <VideoList videos={x} />;
+    $[2] = x;
+    $[3] = t1;
+  } else {
+    t1 = $[3];
+  }
+  return t1;
+}
+
+```
+      
\ No newline at end of file
diff --git a/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-not-added-to-dep-2.js b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-not-added-to-dep-2.js
new file mode 100644
index 0000000000..1bdd040c67
--- /dev/null
+++ b/compiler/forget/src/__tests__/fixtures/compiler/ref-current-aliased-not-added-to-dep-2.js
@@ -0,0 +1,7 @@
+function Foo({ a }) {
+  const ref = useRef();
+  const val = ref.current;
+  const x = { a, val };
+
+  return <VideoList videos={x} />;
+}