diff --git a/apps/trading/client-pages/market/market-header-stats.tsx b/apps/trading/client-pages/market/market-header-stats.tsx
index 6e4a4800a..727051b63 100644
--- a/apps/trading/client-pages/market/market-header-stats.tsx
+++ b/apps/trading/client-pages/market/market-header-stats.tsx
@@ -148,11 +148,13 @@ export const IndexPrice = ({
   decimalPlaces?: number;
 }) => {
   const { data: externalTwap } = useExternalTwap(marketId);
-  return (
+  return externalTwap && decimalPlaces ? (
     <PriceCell
       value={Number(externalTwap)}
       valueFormatted={addDecimalsFormatNumber(externalTwap, decimalPlaces, 2)}
     />
+  ) : (
+    '-'
   );
 };