Retained incident replay

10Y liquidation-cascade risk is elevated

What happened

Open interest expanded while funding reached an extreme and executable depth declined.

Why it matters

This deterministic condition affected para:10Y on para. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

• Status resolved; severity critical
• Detected 2026-08-14T20:19:08.511Z
• Current cycle 2026-09-18T15:00:18.045Z
• Resolved 2026-09-18T15:11:55.343Z

Recommended action

Compare the current oracle, mark, liquidity, funding, exposure, coverage, and freshness before changing a position or operating decision.

Open para:10Y market evidence

{
  "windowMs": 21600000,
  "openInterestChangePercent": 28.554458104760695,
  "depthChangePercent": -85.07986940920001,
  "fundingRateBps": -4.0843,
  "fundingAbsolutePercentile": 99.09,
  "contextSamples": 72,
  "bookSamples": 71,
  "fundingSamples": 876
}