diff --git a/components/src/utils/variable-interpolation.test.ts b/components/src/utils/variable-interpolation.test.ts
index 57a8a03..376a2ad 100644
--- a/components/src/utils/variable-interpolation.test.ts
+++ b/components/src/utils/variable-interpolation.test.ts
@@ -215,6 +215,14 @@ describe('replaceVariables() with custom formats', () => {
       },
       expected: 'hello (perses\\.|prometheus\\$) (world\\.)',
     },
+    {
+      text: 'hello ${var1:regexliteral} ${var2:regexliteral}',
+      state: {
+        var1: { value: ['perses.', 'prometheus$'], loading: false },
+        var2: { value: 'world.', loading: false },
+      },
+      expected: 'hello (perses\\\\.|prometheus\\\\$) (world\\\\.)',
+    },
     // singlequote
     {
       text: 'hello ${var1:singlequote} ${var2:singlequote}',
diff --git a/components/src/utils/variable-interpolation.ts b/components/src/utils/variable-interpolation.ts
index f536aa8..35d243e 100644
--- a/components/src/utils/variable-interpolation.ts
+++ b/components/src/utils/variable-interpolation.ts
@@ -62,6 +62,7 @@ export enum InterpolationFormat {
   SQLSTRING = 'sqlstring',
   TEXT = 'text',
   QUERYPARAM = 'queryparam',
+  REGEX_LITERAL = 'regexliteral',
 }
 
 function stringToFormat(val: string | undefined): InterpolationFormat | undefined {
@@ -110,6 +111,10 @@ export function interpolate(values: string[], name: string, format: Interpolatio
       const escapedRegex = values.map((v) => v.replace(/[-/\\^$*+?.()|[\]{}]/g, '\\$&'));
       return `(${escapedRegex.join('|')})`;
     }
+    case InterpolationFormat.REGEX_LITERAL: {
+      const escapedRegex = values.map((v) => v.replace(/[-/\\^$*+?.()|[\]{}]/g, '\\\\$&'));
+      return `(${escapedRegex.join('|')})`;
+    }
     case InterpolationFormat.SINGLEQUOTE:
       return values.map((v) => `'${v}'`).join(',');
     case InterpolationFormat.SQLSTRING:
@@ -143,7 +148,6 @@ export function replaceVariable(
   if (typeof variableValue === 'string') {
     replaceString = interpolate([variableValue], varName, varFormat || InterpolationFormat.RAW);
   }
-
   text = text.replaceAll(variableSyntax, replaceString);
   return text.replaceAll(alternativeVariableSyntax, replaceString);
 }