Recently, someone kept arguing with me that "on-chain data is the most authentic." I can only say: authenticity is authenticity, but what you're seeing is whose "on-chain." Nodes are syncing slowly, RPC queues, indexers are still rebuilding, and you stare at the dashboard thinking you're watching real-time data, but you're actually looking at delayed playback... To put it plainly, on-chain isn't a single screen; it's a supply chain, and any bottleneck can mess with your mindset.

Looking at the recent debates over staking/sharing security and the "compound yields," I'm not surprised people are arguing over nesting, because many disputes are based on "the position I see / liquidation line / collateral ratio," but if the data source is a bit slower, it can become a different universe. Anyway, I now lower my expectations: I assume what I see is always a few minutes late, better to do two fewer trades than to fight latency, and it's much more relaxed.