Retained incident replay

ORDI liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.96% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-07-31T16:17:35.375Z
  • Current cycle 2026-09-20T00:00:10.301Z
  • Resolved 2026-09-20T00:00:54.789Z

Recommended action

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

Open ORDI market evidence

Supporting evidence
{
  "depth100BpsUsd": 26943.68694,
  "openInterestNotionalUsd": 542982.7226359999,
  "adequacyPercent": 4.962162849159802,
  "thresholdPercent": 5
}