A single sideband (SSB) phase-modulated link with an improved spurious-free dynamic range (SFDR) is proposed and experimentally demonstrated. By generating a single-sideband phase-modulated signal containing a specific spectrum for demodulation, the third-order intermodulation distortion (IMD3) is effectively suppressed. The theoretical analysis is presented, and the experimental results show that a carrier-to-interference ratio of 62.45 dB is achieved. The improved SFDR is 120.25 dB · Hz4/5, which is 14.47 dB higher than that of a conventional SSB phase-modulated link.