Retained incident replay

HYPER liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.25% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-07-31T07:19:24.516Z
  • Current cycle 2026-09-15T01:11:07.750Z
  • Resolved 2026-09-15T01:11:49.221Z

Recommended action

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

Open HYPER market evidence

Supporting evidence
{
  "depth100BpsUsd": 2970.382356,
  "openInterestNotionalUsd": 69814.3046,
  "adequacyPercent": 4.254690171332022,
  "thresholdPercent": 5
}