Retained incident replay

kLUNC liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.80% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-07-31T19:12:22.312Z
  • Current cycle 2026-09-19T23:09:37.397Z
  • Resolved 2026-09-19T23:10:20.368Z

Recommended action

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

Open kLUNC market evidence

Supporting evidence
{
  "depth100BpsUsd": 13718.74769,
  "openInterestNotionalUsd": 286004.896,
  "adequacyPercent": 4.796682812730591,
  "thresholdPercent": 5
}