Retained incident replay

IGV liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 1.14% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity critical
  • Detected 2026-09-04T23:03:16.061Z
  • Current cycle 2026-09-19T10:56:09.151Z
  • 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:IGV market evidence

Supporting evidence
{
  "depth100BpsUsd": 157.0043,
  "openInterestNotionalUsd": 13736.109600000002,
  "adequacyPercent": 1.1430041297865008,
  "thresholdPercent": 5
}