Retained incident replay

CRWD liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 0.46% of open interest.

Why it matters

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

Lifecycle

• Status resolved; severity critical
• Detected 2026-08-14T08:00:02.648Z
• Current cycle 2026-09-19T08:36:00.413Z
• Resolved 2026-09-19T08:38:55.992Z

Recommended action

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

Open para:CRWD market evidence

{
  "depth100BpsUsd": 290.08220000000006,
  "openInterestNotionalUsd": 63149.4656,
  "adequacyPercent": 0.4593581232142684,
  "thresholdPercent": 5
}