Retained incident replay

GMX liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 2.31% of open interest.

Why it matters

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

Lifecycle

  • Status active; severity warning
  • Detected 2026-07-30T08:33:34.830Z
  • Current cycle 2026-10-04T21:46:12.530Z

Recommended action

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

Open GMX market evidence

Supporting evidence
{
  "depth100BpsUsd": 25505.059719,
  "openInterestNotionalUsd": 1102487.82075,
  "adequacyPercent": 2.313409657591449,
  "thresholdPercent": 5
}