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They aren't unreadable, they are just in Madokarunes: https://anime.stackexchange.com/questions/565/what-do-the-runes-say-in-madoka#56...

I mean, okay, but it seems like a hassle to go to translate things every so often, no? Can’t there be like a toggle for this?

You're not missing much, the enemy names are mostly jokes, and the dungeon names mostly descriptions. Nothing you need to enjoy the game.