Do layerd materials still work (Flickering problem)

I do not seem to get Layered materials working in UE5. When I create a layered material it results in flickering textures, does anyone else have this problem?

Also, is there a better alternative for layered textures?

The texture LOD flickering was caused because I had an RGBA map. After I removed the Alpha channel from the texture the LOD 0-1 flickering stopped.