Retained incident replay

BTCD liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 3.77% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-07-30T14:23:42.332Z
  • Current cycle 2026-09-15T06:46:59.388Z
  • Resolved 2026-09-15T06:49:05.103Z

Recommended action

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

Open para:BTCD market evidence

Supporting evidence
{
  "depth100BpsUsd": 40146.8379,
  "openInterestNotionalUsd": 1065279.26365,
  "adequacyPercent": 3.768667923042416,
  "thresholdPercent": 5
}