Retained incident replay
NET 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:NET on para. It is evidence to review, not proof that a loss or manipulation occurred.
Lifecycle
- Status resolved; severity critical
- Detected 2026-08-06T20:00:10.684Z
- Current cycle 2026-09-14T00:00:20.938Z
- Resolved 2026-09-14T00:01:02.944Z
Recommended action
Compare the current oracle, mark, liquidity, funding, exposure, coverage, and freshness before changing a position or operating decision.
Supporting evidence
{
"windowMs": 21600000,
"openInterestChangePercent": 22.81515367565698,
"depthChangePercent": -100,
"fundingRateBps": -3.6609,
"fundingAbsolutePercentile": 98.51,
"contextSamples": 72,
"bookSamples": 70,
"fundingSamples": 872
}