Something stood out in @grvt_io's latest liquidity update. They shared execution tests across 16 trading scenarios and reported ranking second overall once fees were included. They also admitted that larger orders and some altcoin markets still need work. I like seeing that kind of transparency, but it got me thinking about another side of liquidity. High Yield Earn targets up to 11% APY through diversified TradFi and crypto strategies. That doesn't mean the funds inside the vault can always be withdrawn instantly. Grvt's documentation explains that redemption timing depends on available cash reserves and the underlying assets. Users can check the estimated waiting time before confirming. So improving trading liquidity and improving vault liquidity are two different things. Both matter, just for different reasons. I'd rather understand that distinction than judge everything by a single APY number. 11% is a target, not guaranteed. Capital is at risk. Whitelist: https://t.co/KsPUAgp2EZ Code: CJR2X47 DYOR. Its Not financial advice.