Retained incident replay

HMSTR liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.84% of open interest.

Why it matters

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

Lifecycle

• Status active; severity warning
• Detected 2026-08-06T01:05:39.169Z
• Current cycle 2026-09-24T01:46:01.403Z

Recommended action

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

Open HMSTR market evidence

{
  "depth100BpsUsd": 73230.378402,
  "openInterestNotionalUsd": 1511947.4641560002,
  "adequacyPercent": 4.843447284914671,
  "thresholdPercent": 5
}