diff --git a/app/components/UI/MarketInsights/Views/MarketInsightsView/MarketInsightsView.tsx b/app/components/UI/MarketInsights/Views/MarketInsightsView/MarketInsightsView.tsx
index facf0801787..dc761d86a29 100644
--- a/app/components/UI/MarketInsights/Views/MarketInsightsView/MarketInsightsView.tsx
+++ b/app/components/UI/MarketInsights/Views/MarketInsightsView/MarketInsightsView.tsx
@@ -153,6 +153,8 @@ interface MarketInsightsRouteParams {
   tokenChainId?: string;
   /** When true, indicates the view was opened from the Perps market details view */
   isPerps?: boolean;
+  /** When true, the user has an existing perps position for this asset */
+  hasPerpsPosition?: boolean;
 }
 
 /**
@@ -182,6 +184,7 @@ const MarketInsightsView: React.FC = () => {
     tokenName,
     tokenChainId,
     isPerps = false,
+    hasPerpsPosition = false,
   } = route.params;
 
   const isMarketInsightsEnabled = isPerps
@@ -660,65 +663,79 @@ const MarketInsightsView: React.FC = () => {
           >
             {strings('market_insights.helpful_prompt')}
           </Text>
+          {isPerps && hasPerpsPosition && (
+            <Text
+              variant={TextVariant.BodySm}
+              color={TextColor.TextAlternative}
+              twClassName="pt-3"
+            >
+              {strings('market_insights.footer_disclaimer')}
+            </Text>
+          )}
         </Box>
       </ScrollView>
 
-      <Box
-        twClassName={`border-t border-muted bg-default px-4 pt-4 pb-[${insets.bottom + 8}px]`}
-      >
-        {isPerps ? (
-          <Box flexDirection={BoxFlexDirection.Row} gap={3}>
-            <Button
-              variant={ButtonVariant.Primary}
-              size={ButtonSize.Lg}
-              twClassName="flex-1"
-              onPress={() => handlePerpsDirectionPress('long')}
-              testID={MarketInsightsSelectorsIDs.LONG_BUTTON}
-            >
-              {strings('perps.market.long')}
-            </Button>
-            <Button
-              variant={ButtonVariant.Primary}
-              size={ButtonSize.Lg}
-              twClassName="flex-1"
-              onPress={() => handlePerpsDirectionPress('short')}
-              testID={MarketInsightsSelectorsIDs.SHORT_BUTTON}
-            >
-              {strings('perps.market.short')}
-            </Button>
-          </Box>
-        ) : (
-          <Box flexDirection={BoxFlexDirection.Row} gap={3}>
-            <Box twClassName="flex-1">
+      {!(isPerps && hasPerpsPosition) && (
+        <Box
+          twClassName={`border-t border-muted bg-default px-4 pt-4 pb-[${insets.bottom + 8}px]`}
+        >
+          {isPerps ? (
+            <Box flexDirection={BoxFlexDirection.Row} gap={3}>
               <Button
                 variant={ButtonVariant.Primary}
                 size={ButtonSize.Lg}
-                isFullWidth
-                onPress={handleSwapPress}
-                testID={MarketInsightsSelectorsIDs.SWAP_BUTTON}
+                twClassName="flex-1"
+                onPress={() => handlePerpsDirectionPress('long')}
+                testID={MarketInsightsSelectorsIDs.LONG_BUTTON}
               >
-                {strings('market_insights.swap_button')}
+                {strings('perps.market.long')}
               </Button>
-            </Box>
-            <Box twClassName="flex-1">
               <Button
                 variant={ButtonVariant.Primary}
                 size={ButtonSize.Lg}
-                isFullWidth
-                onPress={handleBuyPress}
-                testID={MarketInsightsSelectorsIDs.BUY_BUTTON}
+                twClassName="flex-1"
+                onPress={() => handlePerpsDirectionPress('short')}
+                testID={MarketInsightsSelectorsIDs.SHORT_BUTTON}
               >
-                {strings('market_insights.buy_button')}
+                {strings('perps.market.short')}
               </Button>
             </Box>
+          ) : (
+            <Box flexDirection={BoxFlexDirection.Row} gap={3}>
+              <Box twClassName="flex-1">
+                <Button
+                  variant={ButtonVariant.Primary}
+                  size={ButtonSize.Lg}
+                  isFullWidth
+                  onPress={handleSwapPress}
+                  testID={MarketInsightsSelectorsIDs.SWAP_BUTTON}
+                >
+                  {strings('market_insights.swap_button')}
+                </Button>
+              </Box>
+              <Box twClassName="flex-1">
+                <Button
+                  variant={ButtonVariant.Primary}
+                  size={ButtonSize.Lg}
+                  isFullWidth
+                  onPress={handleBuyPress}
+                  testID={MarketInsightsSelectorsIDs.BUY_BUTTON}
+                >
+                  {strings('market_insights.buy_button')}
+                </Button>
+              </Box>
+            </Box>
+          )}
+          <Box twClassName="pt-3" alignItems={BoxAlignItems.Center}>
+            <Text
+              variant={TextVariant.BodySm}
+              color={TextColor.TextAlternative}
+            >
+              {strings('market_insights.footer_disclaimer')}
+            </Text>
           </Box>
-        )}
-        <Box twClassName="pt-3" alignItems={BoxAlignItems.Center}>
-          <Text variant={TextVariant.BodySm} color={TextColor.TextAlternative}>
-            {strings('market_insights.footer_disclaimer')}
-          </Text>
         </Box>
-      </Box>
+      )}
 
       {selectedTrend ? (
         <MarketInsightsTrendSourcesBottomSheet
diff --git a/app/components/UI/Perps/Views/PerpsMarketDetailsView/PerpsMarketDetailsView.tsx b/app/components/UI/Perps/Views/PerpsMarketDetailsView/PerpsMarketDetailsView.tsx
index 8fccd94f0b9..53109f2b54b 100644
--- a/app/components/UI/Perps/Views/PerpsMarketDetailsView/PerpsMarketDetailsView.tsx
+++ b/app/components/UI/Perps/Views/PerpsMarketDetailsView/PerpsMarketDetailsView.tsx
@@ -1040,8 +1040,9 @@ const PerpsMarketDetailsView: React.FC<PerpsMarketDetailsViewProps> = () => {
       assetSymbol: market.symbol,
       assetIdentifier: market.symbol,
       isPerps: true,
+      hasPerpsPosition: !!existingPosition,
     });
-  }, [market?.symbol, navigation, track]);
+  }, [market?.symbol, navigation, track, existingPosition]);
 
   // Handler for order selection - navigates to order details
   const handleOrderSelect = useCallback(