I am running the iOS 26.2 on my iPhone 14 Pro and when I am doing the set up of my lock screen the depth effect is visible but the moment I save and move ahead it suddenly turns into a normal wallpaper.
I think this is a software glitch or if not I would appreciate your inputs and time.
Have attached a screen capture showcasing the issue
PS : I recorded this wallpaper just as a test the main one is different wherein the time is actually visible better but this one highlights the issue better.