Retained incident replay

JP225 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 xyz:JP225 on xyz. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

• Status resolved; severity critical
• Detected 2026-09-28T17:40:02.579Z
• Current cycle 2026-09-28T17:40:02.579Z
• Resolved 2026-09-28T17:42:12.512Z

Recommended action

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

Open xyz:JP225 market evidence

{
  "windowMs": 21600000,
  "openInterestChangePercent": 99.02141014624111,
  "depthChangePercent": -34.36413025954782,
  "fundingRateBps": -2.063,
  "fundingAbsolutePercentile": 99.77,
  "contextSamples": 73,
  "bookSamples": 70,
  "fundingSamples": 870
}