Retained incident replay

IGV 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:IGV on para. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

• Status resolved; severity critical
• Detected 2026-09-28T03:03:19.645Z
• Current cycle 2026-09-28T03:05:26.229Z
• Resolved 2026-09-28T03:07:33.565Z

Recommended action

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

Open para:IGV market evidence

{
  "windowMs": 21600000,
  "openInterestChangePercent": 190.4901934424602,
  "depthChangePercent": -81.26866632725012,
  "fundingRateBps": 2.1233,
  "fundingAbsolutePercentile": 95.31,
  "contextSamples": 72,
  "bookSamples": 71,
  "fundingSamples": 875
}