Retained incident replay

2Z liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.77% of open interest.

Why it matters

This deterministic condition affected 2Z on native. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

  • Status active; severity warning
  • Detected 2026-07-30T09:11:47.246Z
  • Current cycle 2026-09-21T23:18:50.249Z

Recommended action

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

Open 2Z market evidence

Supporting evidence
{
  "depth100BpsUsd": 31113.859256,
  "openInterestNotionalUsd": 652542.73858,
  "adequacyPercent": 4.768095239816315,
  "thresholdPercent": 5
}