These past two days, watching NFT liquidity has been downright bone-chilling: when the floor price slips, buy orders feel like an avalanche—people say “community consensus” out loud, but in their hands they’re all looking for an exit. Royalties are even more awkward: when it’s hot, they’re treated like faith; when it’s cold, they turn into, “Can you shut it off first? I want to run.” Put simply, when liquidity is bad, no matter how hot the narrative is, it still can’t withstand a few waves of sell-offs.

Recently, more and more AI agents have been claiming they can trade automatically and interact on-chain automatically. The narrative is getting hyped to the sky, but I’m looking at permissions first—signature scope, oracle behavior, and rollback mechanisms—so that “automatic” doesn’t end up taking your wallet along with it. What I fear most isn’t slowness; it’s chaos. Slow can be controlled, but chaos is simply not knowing where the blade is coming from. That’s it for now.