In the Web3 world, market infrastructure gets unbundled from market governance. While the core components of market governance are encoded into the protocol layer, components of market infrastructure may be built by the ecosystem around the protocol.
Unfortunately, Excel lets you do all kinds of complicated transformations of data, and yet lacks any sort of history of the sequence of those computations. The ability to copy and paste data into a tab that serves as a database means that any steps leading up to the pasted data are lost.