Recently, discussions about RWA on the blockchain have heated up again. My first reaction isn't "Wow, new liquidity," but rather: can this liquidity really be withdrawn at any time? The on-chain order book looks quite lively, but frankly, many of those are "can trade" not "can redeem." A lock-up period, window period, or quota limit in the terms means that when the market is panicking, you'll realize you're buying into a liquidity illusion. Not to mention some redemptions require offline processes, KYC, business days, counterparty confirmation—those on-chain speeds can't save you at all. Currently, Layer 2 is still arguing over TPS, fees, and subsidies, but I just want to ask: no matter how fast the chain is, if the redemption button says "subject to conditions"... then maybe spending an extra 30 seconds before placing an order could be the difference between life and death.