Lately, I keep feeling like the on-chain data is "lagging" when I browse, especially when looking at the floor prices and order walls on a certain platform. Even though I just scanned them, the next second it feels like I’ve gone back in time. To put it simply, many of the data delays are not caused by the blockchain itself being slow, but by the layer you see: the indexer needs to first fetch the blocks and then organize them, and the Subgraph has to run mappings. When there’s a reorganization or someone executes a large batch of transactions at once, it can cause delays ranging from a few seconds to several minutes. Plus, with RPC rate limiting, when free nodes get overwhelmed, requests get dropped or queued, making it look like the market is "teleporting." So now, when I analyze position structures, I tend to consider two sources, and if I really want to act, I’ll wait for the data to stabilize for a bit… By the way, I want to complain that outside opinions are again tying ETF capital flows tightly to US stock market risk appetite to explain price movements, but watching that small delay on-chain makes me realize how fake the so-called "synchronization" really is.