Liquidity often becomes clearer when you look at how trades are executed rather than how it is described. When systems combine different approaches, they aim to balance speed and stability. That can feel unusual at first, especially if you are used to one specific model. Over time, it becomes easier to see how execution and spreads are connected. Stability during volatility is usually one of the key points people focus on. In the end, it is more about how consistently trades go through. The details matter less than the actual behavior of the system.