diff --git a/apps/token/src/routes/governance/components/propose/proposal-form-terms.spec.tsx b/apps/token/src/routes/governance/components/propose/proposal-form-terms.spec.tsx
index 430b0dcc1..f8fe0e629 100644
--- a/apps/token/src/routes/governance/components/propose/proposal-form-terms.spec.tsx
+++ b/apps/token/src/routes/governance/components/propose/proposal-form-terms.spec.tsx
@@ -28,20 +28,13 @@ describe('Proposal Form Terms', () => {
     expect(screen.getByText('Error text')).toBeInTheDocument();
   });
 
-  it('should render the generic docs link if no custom override', () => {
-    renderComponent();
-    expect(
-      screen.getByText('https://docs.vega.xyz/tutorials/proposals')
-    ).toBeInTheDocument();
-  });
-
-  it('should render the custom docs link if provided', () => {
+  it('should render the docs link', () => {
     const register = jest.fn();
     render(
       <ProposalFormTerms
         registerField={register('proposalTerms')}
         errorMessage="Error text"
-        customDocLink="/custom"
+        docsLink="/custom"
       />
     );
     expect(
diff --git a/apps/token/src/routes/governance/components/propose/proposal-form-terms.tsx b/apps/token/src/routes/governance/components/propose/proposal-form-terms.tsx
index d2fd4c404..0ffb259f1 100644
--- a/apps/token/src/routes/governance/components/propose/proposal-form-terms.tsx
+++ b/apps/token/src/routes/governance/components/propose/proposal-form-terms.tsx
@@ -2,7 +2,7 @@ import { useTranslation } from 'react-i18next';
 import {
   FormGroup,
   InputError,
-  Link,
+  ExternalLink,
   TextArea,
 } from '@vegaprotocol/ui-toolkit';
 import { useEnvironment } from '@vegaprotocol/environment';
@@ -12,14 +12,14 @@ interface ProposalFormTermsProps {
   registerField: UseFormRegisterReturn<'proposalTerms'>;
   errorMessage: string | undefined;
   labelOverride?: string;
-  customDocLink?: string;
+  docsLink?: string;
 }
 
 export const ProposalFormTerms = ({
   registerField: register,
   errorMessage,
   labelOverride,
-  customDocLink,
+  docsLink,
 }: ProposalFormTermsProps) => {
   const { VEGA_DOCS_URL } = useEnvironment();
   const { t } = useTranslation();
@@ -28,13 +28,13 @@ export const ProposalFormTerms = ({
       label={labelOverride || t('ProposalTerms')}
       labelFor="proposal-terms"
     >
-      {VEGA_DOCS_URL && (
+      {docsLink && VEGA_DOCS_URL && (
         <div className="mt-[-4px] mb-2 text-sm font-light">
           <span className="mr-1">{t('ProposalTermsText')}</span>
-          <Link
-            href={`${VEGA_DOCS_URL}/tutorials/proposals${customDocLink || ''}`}
+          <ExternalLink
+            href={`${VEGA_DOCS_URL}/tutorials/proposals${docsLink}`}
             target="_blank"
-          >{`${VEGA_DOCS_URL}/tutorials/proposals${customDocLink || ''}`}</Link>
+          >{`${VEGA_DOCS_URL}/tutorials/proposals${docsLink}`}</ExternalLink>
         </div>
       )}
 
diff --git a/apps/token/src/routes/governance/propose/freeform/propose-freeform.tsx b/apps/token/src/routes/governance/propose/freeform/propose-freeform.tsx
index 20c8f383d..932cec2b7 100644
--- a/apps/token/src/routes/governance/propose/freeform/propose-freeform.tsx
+++ b/apps/token/src/routes/governance/propose/freeform/propose-freeform.tsx
@@ -15,7 +15,7 @@ import {
   ProposalFormVoteAndEnactmentDeadline,
 } from '../../components/propose';
 import { ProposalMinRequirements } from '../../components/shared';
-import { AsyncRenderer, Link } from '@vegaprotocol/ui-toolkit';
+import { AsyncRenderer, ExternalLink } from '@vegaprotocol/ui-toolkit';
 import { Heading } from '../../../../components/heading';
 import { VegaWalletContainer } from '../../../../components/vega-wallet-container';
 import { NetworkParams, useNetworkParams } from '@vegaprotocol/react-helpers';
@@ -88,20 +88,20 @@ export const ProposeFreeform = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals/${DOCS_LINK}`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals/${DOCS_LINK}`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals/${DOCS_LINK}`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreProposalsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/governance`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/governance`}</Link>
+                >{`${VEGA_EXPLORER_URL}/governance`}</ExternalLink>
               </p>
             )}
 
diff --git a/apps/token/src/routes/governance/propose/network-parameter/propose-network-parameter.tsx b/apps/token/src/routes/governance/propose/network-parameter/propose-network-parameter.tsx
index b451e612b..4a8d0d5cf 100644
--- a/apps/token/src/routes/governance/propose/network-parameter/propose-network-parameter.tsx
+++ b/apps/token/src/routes/governance/propose/network-parameter/propose-network-parameter.tsx
@@ -23,10 +23,10 @@ import {
 import { ProposalMinRequirements } from '../../components/shared';
 import {
   AsyncRenderer,
+  ExternalLink,
   FormGroup,
   Input,
   InputError,
-  Link,
   Select,
   SyntaxHighlighter,
   TextArea,
@@ -155,20 +155,20 @@ export const ProposeNetworkParameter = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreNetParamsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/network-parameters`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/network-parameters`}</Link>
+                >{`${VEGA_EXPLORER_URL}/network-parameters`}</ExternalLink>
               </p>
             )}
 
diff --git a/apps/token/src/routes/governance/propose/new-asset/propose-new-asset.tsx b/apps/token/src/routes/governance/propose/new-asset/propose-new-asset.tsx
index 2f2679477..f81098084 100644
--- a/apps/token/src/routes/governance/propose/new-asset/propose-new-asset.tsx
+++ b/apps/token/src/routes/governance/propose/new-asset/propose-new-asset.tsx
@@ -23,7 +23,7 @@ import {
   ProposalFormVoteAndEnactmentDeadline,
 } from '../../components/propose';
 import { ProposalMinRequirements } from '../../components/shared';
-import { AsyncRenderer, Link } from '@vegaprotocol/ui-toolkit';
+import { AsyncRenderer, ExternalLink } from '@vegaprotocol/ui-toolkit';
 import { Heading } from '../../../../components/heading';
 import { VegaWalletContainer } from '../../../../components/vega-wallet-container';
 import { ProposalUserAction } from '../../components/shared';
@@ -117,20 +117,20 @@ export const ProposeNewAsset = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreAssetsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/assets`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/assets`}</Link>
+                >{`${VEGA_EXPLORER_URL}/assets`}</ExternalLink>
               </p>
             )}
 
@@ -163,7 +163,7 @@ export const ProposeNewAsset = () => {
                   })}
                   labelOverride={'Terms.newAsset (JSON format)'}
                   errorMessage={errors?.proposalTerms?.message}
-                  customDocLink={DOCS_LINK}
+                  docsLink={DOCS_LINK}
                 />
 
                 <ProposalFormVoteAndEnactmentDeadline
diff --git a/apps/token/src/routes/governance/propose/new-market/propose-new-market.tsx b/apps/token/src/routes/governance/propose/new-market/propose-new-market.tsx
index 77c98f0e1..83aa3a592 100644
--- a/apps/token/src/routes/governance/propose/new-market/propose-new-market.tsx
+++ b/apps/token/src/routes/governance/propose/new-market/propose-new-market.tsx
@@ -22,7 +22,7 @@ import {
   ProposalFormVoteAndEnactmentDeadline,
 } from '../../components/propose';
 import { ProposalMinRequirements } from '../../components/shared';
-import { AsyncRenderer, Link } from '@vegaprotocol/ui-toolkit';
+import { AsyncRenderer, ExternalLink } from '@vegaprotocol/ui-toolkit';
 import { Heading } from '../../../../components/heading';
 import { VegaWalletContainer } from '../../../../components/vega-wallet-container';
 import { ProposalUserAction } from '../../components/shared';
@@ -112,20 +112,20 @@ export const ProposeNewMarket = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreMarketsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/markets`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/markets`}</Link>
+                >{`${VEGA_EXPLORER_URL}/markets`}</ExternalLink>
               </p>
             )}
 
@@ -158,7 +158,7 @@ export const ProposeNewMarket = () => {
                   })}
                   labelOverride={'Terms.newMarket (JSON format)'}
                   errorMessage={errors?.proposalTerms?.message}
-                  customDocLink={DOCS_LINK}
+                  docsLink={DOCS_LINK}
                 />
 
                 <ProposalFormVoteAndEnactmentDeadline
diff --git a/apps/token/src/routes/governance/propose/propose.tsx b/apps/token/src/routes/governance/propose/propose.tsx
index 47a1d5372..69ed56ad2 100644
--- a/apps/token/src/routes/governance/propose/propose.tsx
+++ b/apps/token/src/routes/governance/propose/propose.tsx
@@ -1,6 +1,7 @@
 import Routes from '../../routes';
 import { useTranslation } from 'react-i18next';
 import { Link } from 'react-router-dom';
+import { ExternalLink } from '@vegaprotocol/ui-toolkit';
 import { useEnvironment } from '@vegaprotocol/environment';
 import { Heading } from '../../../components/heading';
 
@@ -16,21 +17,19 @@ export const Propose = () => {
           {VEGA_DOCS_URL && (
             <p>
               <span className="mr-1">{t('ProposalTermsText')}</span>
-              <Link
-                className="underline"
-                to={`${VEGA_DOCS_URL}/tutorials/proposals`}
+              <ExternalLink
+                href={`${VEGA_DOCS_URL}/tutorials/proposals`}
                 target="_blank"
-              >{`${VEGA_DOCS_URL}/tutorials/proposals`}</Link>
+              >{`${VEGA_DOCS_URL}/tutorials/proposals`}</ExternalLink>
             </p>
           )}
           {VEGA_EXPLORER_URL && (
             <p>
               {t('MoreProposalsInfo')}{' '}
-              <Link
-                className="underline"
-                to={`${VEGA_EXPLORER_URL}/governance`}
+              <ExternalLink
+                href={`${VEGA_EXPLORER_URL}/governance`}
                 target="_blank"
-              >{`${VEGA_EXPLORER_URL}/governance`}</Link>
+              >{`${VEGA_EXPLORER_URL}/governance`}</ExternalLink>
             </p>
           )}
         </div>
diff --git a/apps/token/src/routes/governance/propose/raw/propose-raw.tsx b/apps/token/src/routes/governance/propose/raw/propose-raw.tsx
index 32d12557d..528721bad 100644
--- a/apps/token/src/routes/governance/propose/raw/propose-raw.tsx
+++ b/apps/token/src/routes/governance/propose/raw/propose-raw.tsx
@@ -5,9 +5,9 @@ import { Heading } from '../../../../components/heading';
 import { VegaWalletContainer } from '../../../../components/vega-wallet-container';
 import {
   AsyncRenderer,
+  ExternalLink,
   FormGroup,
   InputError,
-  Link,
   TextArea,
 } from '@vegaprotocol/ui-toolkit';
 import {
@@ -87,20 +87,20 @@ export const ProposeRaw = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreProposalsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/governance`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/governance`}</Link>
+                >{`${VEGA_EXPLORER_URL}/governance`}</ExternalLink>
               </p>
             )}
 
diff --git a/apps/token/src/routes/governance/propose/update-asset/propose-update-asset.tsx b/apps/token/src/routes/governance/propose/update-asset/propose-update-asset.tsx
index 66fe3d156..54275e74c 100644
--- a/apps/token/src/routes/governance/propose/update-asset/propose-update-asset.tsx
+++ b/apps/token/src/routes/governance/propose/update-asset/propose-update-asset.tsx
@@ -22,7 +22,7 @@ import {
   ProposalFormVoteAndEnactmentDeadline,
 } from '../../components/propose';
 import { ProposalMinRequirements } from '../../components/shared';
-import { AsyncRenderer, Link } from '@vegaprotocol/ui-toolkit';
+import { AsyncRenderer, ExternalLink } from '@vegaprotocol/ui-toolkit';
 import { Heading } from '../../../../components/heading';
 import { VegaWalletContainer } from '../../../../components/vega-wallet-container';
 import { ProposalUserAction } from '../../components/shared';
@@ -112,20 +112,20 @@ export const ProposeUpdateAsset = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreAssetsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/assets`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/assets`}</Link>
+                >{`${VEGA_EXPLORER_URL}/assets`}</ExternalLink>
               </p>
             )}
 
@@ -160,7 +160,7 @@ export const ProposeUpdateAsset = () => {
                   })}
                   labelOverride={'Terms.updateAsset (JSON format)'}
                   errorMessage={errors?.proposalTerms?.message}
-                  customDocLink={DOCS_LINK}
+                  docsLink={DOCS_LINK}
                 />
 
                 <ProposalFormVoteAndEnactmentDeadline
diff --git a/apps/token/src/routes/governance/propose/update-market/propose-update-market.tsx b/apps/token/src/routes/governance/propose/update-market/propose-update-market.tsx
index d05cc6ebe..d07ba855b 100644
--- a/apps/token/src/routes/governance/propose/update-market/propose-update-market.tsx
+++ b/apps/token/src/routes/governance/propose/update-market/propose-update-market.tsx
@@ -26,11 +26,11 @@ import {
 import { ProposalMinRequirements } from '../../components/shared';
 import {
   AsyncRenderer,
+  ExternalLink,
   FormGroup,
   InputError,
   KeyValueTable,
   KeyValueTableRow,
-  Link,
   Select,
 } from '@vegaprotocol/ui-toolkit';
 import { Heading } from '../../../../components/heading';
@@ -175,20 +175,20 @@ export const ProposeUpdateMarket = () => {
             {VEGA_DOCS_URL && (
               <p className="text-sm" data-testid="proposal-docs-link">
                 <span className="mr-1">{t('ProposalTermsText')}</span>
-                <Link
+                <ExternalLink
                   href={`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}
                   target="_blank"
-                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</Link>
+                >{`${VEGA_DOCS_URL}/tutorials/proposals${DOCS_LINK}`}</ExternalLink>
               </p>
             )}
 
             {VEGA_EXPLORER_URL && (
               <p className="text-sm">
                 {t('MoreMarketsInfo')}{' '}
-                <Link
+                <ExternalLink
                   href={`${VEGA_EXPLORER_URL}/markets`}
                   target="_blank"
-                >{`${VEGA_EXPLORER_URL}/markets`}</Link>
+                >{`${VEGA_EXPLORER_URL}/markets`}</ExternalLink>
               </p>
             )}
 
@@ -277,7 +277,7 @@ export const ProposeUpdateMarket = () => {
                   })}
                   labelOverride={t('ProposeUpdateMarketTerms')}
                   errorMessage={errors?.proposalTerms?.message}
-                  customDocLink={DOCS_LINK}
+                  docsLink={DOCS_LINK}
                 />
 
                 <ProposalFormVoteAndEnactmentDeadline