Retained incident replay

IO liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 3.33% of open interest.

Why it matters

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

Lifecycle

• Status active; severity warning
• Detected 2026-07-30T08:36:30.502Z
• Current cycle 2026-09-20T15:59:34.765Z

Recommended action

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

Open IO market evidence

{
  "depth100BpsUsd": 29344.810317000003,
  "openInterestNotionalUsd": 882375.90432,
  "adequacyPercent": 3.3256586193403006,
  "thresholdPercent": 5
}