There is a known bug that gradients with transparency in conjunction with some other filters causes image distortions as you can see by the doubling of the text in your screenshot. I am not exactly sure what all the conditions are and struggling to reproduce it now. Perhaps using a transparent color clip is a part of it. Also, filters are processed top-down; so you probably want to put the text after the gradient.
Also, some other disturbing things in your screenshot:
- You are using proxy mode without preview scaling → you are not gaining the full benefit of proxy.
- Your file name on V1 looks like the name of a proxy file, but these names should not appear unless you directly open the proxy file. Rather, the original media file name should appear along with “(PROXY)” after it.