Retained incident replay

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

Lifecycle

• Status resolved; severity critical
• Detected 2026-08-16T14:08:22.320Z
• Current cycle 2026-09-21T14:07:23.722Z
• Resolved 2026-09-21T14:08:50.710Z

Recommended action

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

Open para:VST market evidence

{
  "windowMs": 21600000,
  "openInterestChangePercent": 30.671871059812993,
  "depthChangePercent": -38.20661940094735,
  "fundingRateBps": 2.4762,
  "fundingAbsolutePercentile": 95.77,
  "contextSamples": 73,
  "bookSamples": 71,
  "fundingSamples": 875
}