Depends - what is the cost of that protection, and do women want to pay it? Can they leave the house? Vote? (I know some conservatives make noises about how that was a mistake.) Own property? Have careers? Be protected from harassment and assault?
Meanwhile, the right is trying to take abortion and birth control off the table, leaving women with no options at all.
But "formalized sexual relations" certainly didn't protect women. Men were more or less free to do as they pleased, women had to put up with it. It was legal to force your wife to have sex when she didn't want to. There's a reason feminism rose in the first place - women were second-class citizen and often second-class humans. How much of that should we go back to?