Retained incident replay

CIEN liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 0.20% of open interest.

Why it matters

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

Lifecycle

• Status resolved; severity critical
• Detected 2026-08-12T13:27:51.863Z
• Current cycle 2026-09-19T10:59:04.096Z
• Resolved 2026-09-19T11:03:26.261Z

Recommended action

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

Open para:CIEN market evidence

{
  "depth100BpsUsd": 139.86599999999999,
  "openInterestNotionalUsd": 70964.27500000001,
  "adequacyPercent": 0.19709353755815862,
  "thresholdPercent": 5
}