Retained incident replay

MELANIA liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.26% of open interest.

Why it matters

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

Lifecycle

• Status resolved; severity warning
• Detected 2026-07-30T08:48:03.683Z
• 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 MELANIA market evidence

{
  "depth100BpsUsd": 64317.799738999995,
  "openInterestNotionalUsd": 1510930.80602,
  "adequacyPercent": 4.256832906095942,
  "thresholdPercent": 5
}