Intent-based systems don’t scale markets. They rely on requests. Liquidity stays hidden until someone asks. Prices aren’t visible. This breaks composability. It blocks coordination. And it limits price discovery, since there’s no shared view of supply and demand. Markets scale when liquidity is continuous, pricing is public, and anyone can build on top of it. Intent-based or RFQ designs don’t allow that. They slow things down instead of opening them up. Order books make that possible.