diff --git a/src/core/fullscreen_ui.cpp b/src/core/fullscreen_ui.cpp
index c341c27df..b4faea4a4 100644
--- a/src/core/fullscreen_ui.cpp
+++ b/src/core/fullscreen_ui.cpp
@@ -5209,7 +5209,7 @@ void FullscreenUI::DrawGraphicsSettingsPage()
     DrawFloatRangeSetting(
       bsi, FSUI_ICONSTR(ICON_FA_MINUS_CIRCLE, "Depth Clear Threshold"),
       FSUI_CSTR("Sets a threshold for discarding the emulated depth buffer. May help in some games."), "GPU",
-      "PGXPDepthBuffer", Settings::DEFAULT_GPU_PGXP_DEPTH_THRESHOLD, 0.0f, static_cast<float>(GTE::MAX_Z), "%.1f",
+      "PGXPDepthThreshold", Settings::DEFAULT_GPU_PGXP_DEPTH_THRESHOLD, 0.0f, static_cast<float>(GTE::MAX_Z), "%.1f",
       pgxp_enabled);
   }
 
diff --git a/src/core/settings.cpp b/src/core/settings.cpp
index 30dd7214e..6bcffb66c 100644
--- a/src/core/settings.cpp
+++ b/src/core/settings.cpp
@@ -272,7 +272,7 @@ void Settings::Load(const SettingsInterface& si, const SettingsInterface& contro
   gpu_pgxp_depth_buffer = si.GetBoolValue("GPU", "PGXPDepthBuffer", false);
   gpu_pgxp_disable_2d = si.GetBoolValue("GPU", "PGXPDisableOn2DPolygons", false);
   gpu_pgxp_transparent_depth = si.GetBoolValue("GPU", "PGXPTransparentDepthTest", false);
-  SetPGXPDepthClearThreshold(si.GetFloatValue("GPU", "PGXPDepthClearThreshold", DEFAULT_GPU_PGXP_DEPTH_THRESHOLD));
+  SetPGXPDepthClearThreshold(si.GetFloatValue("GPU", "PGXPDepthThreshold", DEFAULT_GPU_PGXP_DEPTH_THRESHOLD));
   gpu_show_vram = si.GetBoolValue("Debug", "ShowVRAM");
   gpu_dump_cpu_to_vram_copies = si.GetBoolValue("Debug", "DumpCPUToVRAMCopies");
   gpu_dump_vram_to_cpu_copies = si.GetBoolValue("Debug", "DumpVRAMToCPUCopies");
@@ -611,7 +611,7 @@ void Settings::Save(SettingsInterface& si, bool ignore_base) const
   si.SetBoolValue("GPU", "PGXPDepthBuffer", gpu_pgxp_depth_buffer);
   si.SetBoolValue("GPU", "PGXPDisableOn2DPolygons", gpu_pgxp_disable_2d);
   si.SetBoolValue("GPU", "PGXPTransparentDepthTest", gpu_pgxp_transparent_depth);
-  si.SetFloatValue("GPU", "PGXPDepthClearThreshold", GetPGXPDepthClearThreshold());
+  si.SetFloatValue("GPU", "PGXPDepthThreshold", GetPGXPDepthClearThreshold());
   si.SetBoolValue("Debug", "ShowVRAM", gpu_show_vram);
   si.SetBoolValue("Debug", "DumpCPUToVRAMCopies", gpu_dump_cpu_to_vram_copies);
   si.SetBoolValue("Debug", "DumpVRAMToCPUCopies", gpu_dump_vram_to_cpu_copies);
diff --git a/src/core/settings.h b/src/core/settings.h
index 801c61705..c17258d34 100644
--- a/src/core/settings.h
+++ b/src/core/settings.h
@@ -229,7 +229,7 @@ struct GPUSettings
   static constexpr GPUDownsampleMode DEFAULT_GPU_DOWNSAMPLE_MODE = GPUDownsampleMode::Disabled;
   static constexpr GPUWireframeMode DEFAULT_GPU_WIREFRAME_MODE = GPUWireframeMode::Disabled;
   static constexpr GPUDumpCompressionMode DEFAULT_GPU_DUMP_COMPRESSION_MODE = GPUDumpCompressionMode::ZstDefault;
-  static constexpr float DEFAULT_GPU_PGXP_DEPTH_THRESHOLD = 300.0f;
+  static constexpr float DEFAULT_GPU_PGXP_DEPTH_THRESHOLD = 4096.0f;
   static constexpr float GPU_PGXP_DEPTH_THRESHOLD_SCALE = 65536.0f;
 
   static constexpr DisplayDeinterlacingMode DEFAULT_DISPLAY_DEINTERLACING_MODE = DisplayDeinterlacingMode::Progressive;
diff --git a/src/duckstation-qt/graphicssettingswidget.cpp b/src/duckstation-qt/graphicssettingswidget.cpp
index 4db101456..5fbba3311 100644
--- a/src/duckstation-qt/graphicssettingswidget.cpp
+++ b/src/duckstation-qt/graphicssettingswidget.cpp
@@ -159,7 +159,7 @@ GraphicsSettingsWidget::GraphicsSettingsWidget(SettingsWindow* dialog, QWidget*
   // PGXP Tab
 
   SettingWidgetBinder::BindWidgetToFloatSetting(sif, m_ui.pgxpGeometryTolerance, "GPU", "PGXPTolerance", -1.0f);
-  SettingWidgetBinder::BindWidgetToFloatSetting(sif, m_ui.pgxpDepthClearThreshold, "GPU", "PGXPDepthClearThreshold",
+  SettingWidgetBinder::BindWidgetToFloatSetting(sif, m_ui.pgxpDepthClearThreshold, "GPU", "PGXPDepthThreshold",
                                                 Settings::DEFAULT_GPU_PGXP_DEPTH_THRESHOLD);
   SettingWidgetBinder::BindWidgetToBoolSetting(sif, m_ui.pgxpTextureCorrection, "GPU", "PGXPTextureCorrection", true);
   SettingWidgetBinder::BindWidgetToBoolSetting(sif, m_ui.pgxpColorCorrection, "GPU", "PGXPColorCorrection", false);