Retained incident replay

TRB 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 TRB on native. It is evidence to review, not proof that a loss or manipulation occurred.

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-08-01T00:00:06.251Z
  • 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 TRB market evidence

Supporting evidence
{
  "depth100BpsUsd": 22393.14492,
  "openInterestNotionalUsd": 470699.88999999996,
  "adequacyPercent": 4.757414521596766,
  "thresholdPercent": 5
}