Retained incident replay

GMT liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.39% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-08-22T05:11:07.300Z
  • Current cycle 2026-09-23T14:13:42.266Z
  • Resolved 2026-09-23T14:14:25.568Z

Recommended action

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

Open GMT market evidence

Supporting evidence
{
  "depth100BpsUsd": 4413.106833,
  "openInterestNotionalUsd": 100429.529184,
  "adequacyPercent": 4.39423232276098,
  "thresholdPercent": 5
}