diff --git a/lua/lazyvim/config/options.lua b/lua/lazyvim/config/options.lua
index 3c9686b1..6d9f006b 100644
--- a/lua/lazyvim/config/options.lua
+++ b/lua/lazyvim/config/options.lua
@@ -17,7 +17,7 @@ local opt = vim.opt
 opt.autowrite = true -- Enable auto write
 opt.clipboard = "unnamedplus" -- Sync with system clipboard
 opt.completeopt = "menu,menuone,noselect"
-opt.conceallevel = 3 -- Hide * markup for bold and italic
+opt.conceallevel = 2 -- Hide * markup for bold and italic, but not markers with substitutions
 opt.confirm = true -- Confirm to save changes before exiting modified buffer
 opt.cursorline = true -- Enable highlighting of the current line
 opt.expandtab = true -- Use spaces instead of tabs