Can a ‘Time-Lock’ Be Legally Challenged If Market Conditions Drastically Change?

A time-lock, as an automated part of a smart contract, cannot be technically challenged by market changes. However, the underlying legal agreement that mandates the time-lock could be challenged in court.

A party might argue 'commercial impracticability' or 'frustration of purpose' if market changes render the contract's objective impossible or pointless, seeking to have the court order the release of the funds.