Retained incident replay

SNDK liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.91% of open interest.

Why it matters

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

Lifecycle

• Status active; severity warning
• Detected 2026-08-27T14:10:07.014Z
• Current cycle 2026-09-21T04:25:57.845Z

Recommended action

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

Open io:SNDK market evidence

{
  "depth100BpsUsd": 195909.62281000003,
  "openInterestNotionalUsd": 3993539.9884800003,
  "adequacyPercent": 4.905663230495561,
  "thresholdPercent": 5
}