Retained incident replay

INIT liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.76% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-07-31T20:55:48.462Z
  • Current cycle 2026-09-20T01:07:09.059Z
  • Resolved 2026-09-20T01:07:54.458Z

Recommended action

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

Open INIT market evidence

Supporting evidence
{
  "depth100BpsUsd": 14789.613442,
  "openInterestNotionalUsd": 310924.194732,
  "adequacyPercent": 4.756662135845637,
  "thresholdPercent": 5
}