diff --git a/packages/grafana-data/src/field/fieldOverrides.ts b/packages/grafana-data/src/field/fieldOverrides.ts
index 96d7d403644..c3a64d496ae 100644
--- a/packages/grafana-data/src/field/fieldOverrides.ts
+++ b/packages/grafana-data/src/field/fieldOverrides.ts
@@ -1,5 +1,5 @@
 import { isNumber, set, unset, get, cloneDeep } from 'lodash';
-import { useMemo, useRef } from 'react';
+import { createContext, useContext, useMemo, useRef } from 'react';
 import { usePrevious } from 'react-use';
 
 import { ThresholdsMode, VariableFormatID } from '@grafana/schema';
@@ -583,13 +583,14 @@ export function useFieldOverrides(
   data: PanelData | undefined,
   timeZone: string,
   theme: GrafanaTheme2,
-  replace: InterpolateFunction,
-  dataLinkPostProcessor?: DataLinkPostProcessor
+  replace: InterpolateFunction
 ): PanelData | undefined {
   const fieldConfigRegistry = plugin?.fieldConfigRegistry;
   const structureRev = useRef(0);
   const prevSeries = usePrevious(data?.series);
 
+  const { dataLinkPostProcessor } = useDataLinksContext();
+
   return useMemo(() => {
     if (!fieldConfigRegistry || !fieldConfig || !data) {
       return;
@@ -650,3 +651,15 @@ export function getFieldDataContextClone(frame: DataFrame, field: Field, fieldSc
 
   return { value: { frame, field, data: [frame] } };
 }
+
+/**
+ * @internal
+ */
+export const DataLinksContext = createContext<{
+  dataLinkPostProcessor: DataLinkPostProcessor;
+}>({ dataLinkPostProcessor: defaultInternalLinkPostProcessor });
+
+/**
+ * @internal
+ */
+export const useDataLinksContext = () => useContext(DataLinksContext);
diff --git a/packages/grafana-data/src/index.ts b/packages/grafana-data/src/index.ts
index 6dcc5a186e6..269dba30b62 100644
--- a/packages/grafana-data/src/index.ts
+++ b/packages/grafana-data/src/index.ts
@@ -150,6 +150,8 @@ export {
   applyRawFieldOverrides,
   useFieldOverrides,
   getFieldDataContextClone,
+  DataLinksContext,
+  useDataLinksContext,
 } from './field/fieldOverrides';
 export { getFieldDisplayValuesProxy } from './field/getFieldDisplayValuesProxy';
 export {
diff --git a/packages/grafana-ui/src/components/PanelChrome/PanelContext.ts b/packages/grafana-ui/src/components/PanelChrome/PanelContext.ts
index 97ddb007235..a9d5334925a 100644
--- a/packages/grafana-ui/src/components/PanelChrome/PanelContext.ts
+++ b/packages/grafana-ui/src/components/PanelChrome/PanelContext.ts
@@ -96,6 +96,7 @@ export interface PanelContext {
   /**
    * Optional supplier for internal data links. If not provided a link pointing to Explore will be generated.
    * @internal
+   * @deprecated Please use DataLinksContext instead. This property will be removed in next major.
    */
   dataLinkPostProcessor?: DataLinkPostProcessor;
 }
diff --git a/public/app/features/explore/CustomContainer.tsx b/public/app/features/explore/CustomContainer.tsx
index 26cf7dd14f4..ab5bc4117d4 100644
--- a/public/app/features/explore/CustomContainer.tsx
+++ b/public/app/features/explore/CustomContainer.tsx
@@ -1,6 +1,6 @@
-import { DataFrame, EventBus, LoadingState, SplitOpen, TimeRange } from '@grafana/data';
+import { DataFrame, DataLinksContext, EventBus, LoadingState, SplitOpen, TimeRange } from '@grafana/data';
 import { PanelRenderer } from '@grafana/runtime';
-import { PanelChrome, PanelContext, PanelContextProvider } from '@grafana/ui';
+import { PanelChrome } from '@grafana/ui';
 
 import { getPanelPluginMeta } from '../plugins/importPanelPlugin';
 
@@ -18,29 +18,13 @@ export interface Props {
   eventBus: EventBus;
 }
 
-export function CustomContainer({
-  width,
-  height,
-  timeZone,
-  state,
-  pluginId,
-  frames,
-  timeRange,
-  splitOpenFn,
-  eventBus,
-}: Props) {
+export function CustomContainer({ width, height, timeZone, state, pluginId, frames, timeRange, splitOpenFn }: Props) {
   const plugin = getPanelPluginMeta(pluginId);
 
   const dataLinkPostProcessor = useExploreDataLinkPostProcessor(splitOpenFn, timeRange);
 
-  const panelContext: PanelContext = {
-    dataLinkPostProcessor,
-    eventBus,
-    eventsScope: 'explore',
-  };
-
   return (
-    <PanelContextProvider value={panelContext}>
+    <DataLinksContext.Provider value={{ dataLinkPostProcessor }}>
       <PanelChrome title={plugin.name} width={width} height={height} loadingState={state}>
         {(innerWidth, innerHeight) => (
           <PanelRenderer
@@ -53,6 +37,6 @@ export function CustomContainer({
           />
         )}
       </PanelChrome>
-    </PanelContextProvider>
+    </DataLinksContext.Provider>
   );
 }
diff --git a/public/app/features/explore/Graph/ExploreGraph.tsx b/public/app/features/explore/Graph/ExploreGraph.tsx
index e4dedb3f76c..6c5ccbba57c 100644
--- a/public/app/features/explore/Graph/ExploreGraph.tsx
+++ b/public/app/features/explore/Graph/ExploreGraph.tsx
@@ -8,6 +8,7 @@ import {
   createFieldConfigRegistry,
   DashboardCursorSync,
   DataFrame,
+  DataLinksContext,
   EventBus,
   FieldColorModeId,
   FieldConfigSource,
@@ -121,9 +122,8 @@ export function ExploreGraph({
       replaceVariables: (value) => value, // We don't need proper replace here as it is only used in getLinks and we use getFieldLinks
       theme,
       fieldConfigRegistry,
-      dataLinkPostProcessor,
     });
-  }, [fieldConfigRegistry, data, timeZone, theme, styledFieldConfig, dataLinkPostProcessor]);
+  }, [fieldConfigRegistry, data, timeZone, theme, styledFieldConfig]);
 
   const annotationsWithConfig = useMemo(() => {
     return applyFieldOverrides({
@@ -171,7 +171,6 @@ export function ExploreGraph({
     onToggleSeriesVisibility(label: string, mode: SeriesVisibilityChangeMode) {
       setFieldConfig(seriesVisibilityConfigFactory(label, mode, fieldConfig, data));
     },
-    dataLinkPostProcessor,
   };
 
   function toggleLegend(name: string | undefined, mode: SeriesVisibilityChangeMode) {
@@ -204,23 +203,25 @@ export function ExploreGraph({
   );
 
   return (
-    <PanelContextProvider value={panelContext}>
-      <PanelRenderer
-        data={{
-          series: dataWithConfig,
-          timeRange,
-          state: loadingState,
-          annotations: annotationsWithConfig,
-          structureRev,
-        }}
-        pluginId="timeseries"
-        title=""
-        width={width}
-        height={height}
-        onChangeTimeRange={onChangeTime}
-        timeZone={timeZone}
-        options={panelOptions}
-      />
-    </PanelContextProvider>
+    <DataLinksContext.Provider value={{ dataLinkPostProcessor }}>
+      <PanelContextProvider value={panelContext}>
+        <PanelRenderer
+          data={{
+            series: dataWithConfig,
+            timeRange,
+            state: loadingState,
+            annotations: annotationsWithConfig,
+            structureRev,
+          }}
+          pluginId="timeseries"
+          title=""
+          width={width}
+          height={height}
+          onChangeTimeRange={onChangeTime}
+          timeZone={timeZone}
+          options={panelOptions}
+        />
+      </PanelContextProvider>
+    </DataLinksContext.Provider>
   );
 }
diff --git a/public/app/features/panel/components/PanelRenderer.tsx b/public/app/features/panel/components/PanelRenderer.tsx
index 74b9b295be2..fb99e39041a 100644
--- a/public/app/features/panel/components/PanelRenderer.tsx
+++ b/public/app/features/panel/components/PanelRenderer.tsx
@@ -11,7 +11,7 @@ import {
 } from '@grafana/data';
 import { Trans } from '@grafana/i18n';
 import { getTemplateSrv, PanelRendererProps } from '@grafana/runtime';
-import { ErrorBoundaryAlert, usePanelContext, useTheme2 } from '@grafana/ui';
+import { ErrorBoundaryAlert, useTheme2 } from '@grafana/ui';
 import { appEvents } from 'app/core/core';
 
 import { importPanelPlugin, syncGetPanelPlugin } from '../../plugins/importPanelPlugin';
@@ -39,16 +39,7 @@ export function PanelRenderer<P extends object = {}, F extends object = {}>(prop
   const [plugin, setPlugin] = useState(syncGetPanelPlugin(pluginId));
   const [error, setError] = useState<string | undefined>();
   const optionsWithDefaults = useOptionDefaults(plugin, options, fieldConfig);
-  const { dataLinkPostProcessor } = usePanelContext();
-  const dataWithOverrides = useFieldOverrides(
-    plugin,
-    optionsWithDefaults?.fieldConfig,
-    data,
-    timeZone,
-    theme,
-    replace,
-    dataLinkPostProcessor
-  );
+  const dataWithOverrides = useFieldOverrides(plugin, optionsWithDefaults?.fieldConfig, data, timeZone, theme, replace);
 
   useEffect(() => {
     // If we already have a plugin and it's correct one do nothing
diff --git a/public/app/plugins/panel/candlestick/CandlestickPanel.tsx b/public/app/plugins/panel/candlestick/CandlestickPanel.tsx
index 3f261b56876..cb17a7792fd 100644
--- a/public/app/plugins/panel/candlestick/CandlestickPanel.tsx
+++ b/public/app/plugins/panel/candlestick/CandlestickPanel.tsx
@@ -4,7 +4,7 @@
 import { useMemo, useState } from 'react';
 import uPlot from 'uplot';
 
-import { Field, getDisplayProcessor, PanelProps } from '@grafana/data';
+import { Field, getDisplayProcessor, PanelProps, useDataLinksContext } from '@grafana/data';
 import { PanelDataErrorView } from '@grafana/runtime';
 import { DashboardCursorSync, TooltipDisplayMode } from '@grafana/schema';
 import {
@@ -50,11 +50,12 @@ export const CandlestickPanel = ({
     onThresholdsChange,
     canEditThresholds,
     showThresholds,
-    dataLinkPostProcessor,
     eventBus,
     canExecuteActions,
   } = usePanelContext();
 
+  const { dataLinkPostProcessor } = useDataLinksContext();
+
   const userCanExecuteActions = useMemo(() => canExecuteActions?.() ?? false, [canExecuteActions]);
 
   const theme = useTheme2();
diff --git a/public/app/plugins/panel/state-timeline/StateTimelinePanel.tsx b/public/app/plugins/panel/state-timeline/StateTimelinePanel.tsx
index d1369a79508..30ed5965a63 100644
--- a/public/app/plugins/panel/state-timeline/StateTimelinePanel.tsx
+++ b/public/app/plugins/panel/state-timeline/StateTimelinePanel.tsx
@@ -1,6 +1,6 @@
 import { useMemo, useState } from 'react';
 
-import { DashboardCursorSync, PanelProps } from '@grafana/data';
+import { DashboardCursorSync, PanelProps, useDataLinksContext } from '@grafana/data';
 import { PanelDataErrorView } from '@grafana/runtime';
 import {
   AxisPlacement,
@@ -47,8 +47,9 @@ export const StateTimelinePanel = ({
 
   // temp range set for adding new annotation set by TooltipPlugin2, consumed by AnnotationPlugin2
   const [newAnnotationRange, setNewAnnotationRange] = useState<TimeRange2 | null>(null);
-  const { sync, eventsScope, canAddAnnotations, dataLinkPostProcessor, eventBus, canExecuteActions } =
-    usePanelContext();
+  const { sync, eventsScope, canAddAnnotations, eventBus, canExecuteActions } = usePanelContext();
+
+  const { dataLinkPostProcessor } = useDataLinksContext();
 
   const userCanExecuteActions = useMemo(() => canExecuteActions?.() ?? false, [canExecuteActions]);
   const cursorSync = sync?.() ?? DashboardCursorSync.Off;
diff --git a/public/app/plugins/panel/status-history/StatusHistoryPanel.tsx b/public/app/plugins/panel/status-history/StatusHistoryPanel.tsx
index be38b2a81f1..bfa2dbdcf99 100644
--- a/public/app/plugins/panel/status-history/StatusHistoryPanel.tsx
+++ b/public/app/plugins/panel/status-history/StatusHistoryPanel.tsx
@@ -1,6 +1,6 @@
 import { useMemo, useState } from 'react';
 
-import { DashboardCursorSync, PanelProps } from '@grafana/data';
+import { DashboardCursorSync, PanelProps, useDataLinksContext } from '@grafana/data';
 import { Trans } from '@grafana/i18n';
 import { PanelDataErrorView } from '@grafana/runtime';
 import {
@@ -48,7 +48,8 @@ export const StatusHistoryPanel = ({
 
   // temp range set for adding new annotation set by TooltipPlugin2, consumed by AnnotationPlugin2
   const [newAnnotationRange, setNewAnnotationRange] = useState<TimeRange2 | null>(null);
-  const { sync, eventsScope, canAddAnnotations, dataLinkPostProcessor, eventBus } = usePanelContext();
+  const { sync, eventsScope, canAddAnnotations, eventBus } = usePanelContext();
+  const { dataLinkPostProcessor } = useDataLinksContext();
   const cursorSync = sync?.() ?? DashboardCursorSync.Off;
 
   const enableAnnotationCreation = Boolean(canAddAnnotations && canAddAnnotations());
diff --git a/public/app/plugins/panel/timeseries/TimeSeriesPanel.tsx b/public/app/plugins/panel/timeseries/TimeSeriesPanel.tsx
index 92ba4d3f97b..bc198392c05 100644
--- a/public/app/plugins/panel/timeseries/TimeSeriesPanel.tsx
+++ b/public/app/plugins/panel/timeseries/TimeSeriesPanel.tsx
@@ -7,6 +7,7 @@ import {
   DataFrame,
   alignTimeRangeCompareData,
   shouldAlignTimeCompare,
+  useDataLinksContext,
   FieldType,
 } from '@grafana/data';
 import { PanelDataErrorView } from '@grafana/runtime';
@@ -46,11 +47,12 @@ export const TimeSeriesPanel = ({
     onThresholdsChange,
     canEditThresholds,
     showThresholds,
-    dataLinkPostProcessor,
     eventBus,
     canExecuteActions,
   } = usePanelContext();
 
+  const { dataLinkPostProcessor } = useDataLinksContext();
+
   const userCanExecuteActions = useMemo(() => canExecuteActions?.() ?? false, [canExecuteActions]);
   // Vertical orientation is not available for users through config.
   // It is simplified version of horizontal time series panel and it does not support all plugins.
diff --git a/public/app/plugins/panel/trend/TrendPanel.tsx b/public/app/plugins/panel/trend/TrendPanel.tsx
index d5a7cff51d3..ecfaff896e0 100644
--- a/public/app/plugins/panel/trend/TrendPanel.tsx
+++ b/public/app/plugins/panel/trend/TrendPanel.tsx
@@ -8,9 +8,10 @@ import {
   FieldType,
   PanelProps,
   TimeRange,
+  useDataLinksContext,
 } from '@grafana/data';
 import { config, PanelDataErrorView } from '@grafana/runtime';
-import { KeyboardPlugin, TooltipDisplayMode, usePanelContext, TooltipPlugin2 } from '@grafana/ui';
+import { KeyboardPlugin, TooltipDisplayMode, TooltipPlugin2 } from '@grafana/ui';
 import { TooltipHoverMode } from '@grafana/ui/internal';
 import { XYFieldMatchers } from 'app/core/components/GraphNG/types';
 import { preparePlotFrame } from 'app/core/components/GraphNG/utils';
@@ -33,7 +34,7 @@ export const TrendPanel = ({
   replaceVariables,
   id,
 }: PanelProps<Options>) => {
-  const { dataLinkPostProcessor } = usePanelContext();
+  const { dataLinkPostProcessor } = useDataLinksContext();
   // Need to fallback to first number field if no xField is set in options otherwise panel crashes 😬
   const trendXFieldName =
     options.xField ?? data.series[0]?.fields.find((field) => field.type === FieldType.number)?.name;