#现实世界资产代币化 Ondo's xTSLA crashed, showing a front-end slippage of 0.03%, but the actual on-chain liquidity was only $7,000, and the real slippage skyrocketed to 45%🤡 This is the truth about RWA—liquidity entirely relies on market makers during US stock trading hours, and after hours it turns into a ghost town.

Where's the promised on-chain revolution? Turns out, it still depends on the traditional market’s mood. Even if optimized to a 0.4% slippage, this is still not friendly; it feels like a way to squeeze retail investors. Does anyone really believe this can match US stock trading? Custody risks, execution risks piling up, and liquidity is so poor—where's the advantage?

I'm not denying the RWA track itself, but the current situation is indeed a bit awkward. Let’s see who else is willing to step into this pit, or wait until a project can truly solve the liquidity problem. A hype cycle for meme coins is fine, but do you really think of it as a long-term asset? Be cautious, everyone 📉