Watching on chain transactions is like strolling through a vegetable market: Placing orders slowly and slipping a lot, matchmaking relies entirely on fate. Each project is more like building a semi disabled exchange on its own, wasting time and money on the most difficult bottom layer. The changes have been quite noticeable in the past two years. You can open any frontend that connects to @ OrderlyNetwork, and the order book is active: pending orders are constantly refreshed, eating orders are smooth, and spreads are tight. It feels more and more like placing orders in a centralized platform in earlier years - because the hardest tasks of execution, matching, and clearing have all been packaged into services by Orderly. Paired with a prophecy machine like Pyth, the price can be achieved quickly and accurately, and as soon as the market shakes, the chain immediately follows. For ordinary people, it means' the sliding point becomes smaller and seems to be more useful '; But for those who make products, there is finally no need to create new wheels - they can seriously think about more complex things such as strategic gameplay, social trading, and on chain hedge funds. What I love watching now is this moment of silently upgrading from the bottom. In the future, when explaining the on chain market to newcomers, there is no need to add the phrase 'just worse than CEX', but to directly say: This is the default standard, it should have been like this - it just took us several years to finally catch up.