Retained incident replay

SNX liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 2.16% of open interest.

Why it matters

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

Lifecycle

• Status resolved; severity warning
• Detected 2026-07-30T10:35:29.351Z
• Current cycle 2026-09-20T00:02:22.749Z
• Resolved 2026-09-20T00:03:06.602Z

Recommended action

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

Open SNX market evidence

{
  "depth100BpsUsd": 8215.160299000001,
  "openInterestNotionalUsd": 379491.69984,
  "adequacyPercent": 2.1647799681689084,
  "thresholdPercent": 5
}