Retained incident replay

BABA liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.26% of open interest.

Why it matters

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

Lifecycle

• Status active; severity warning
• Detected 2026-07-30T08:33:34.830Z
• Current cycle 2026-09-21T16:19:57.981Z

Recommended action

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

Open xyz:BABA market evidence

{
  "depth100BpsUsd": 515314.54897,
  "openInterestNotionalUsd": 12088766.657760002,
  "adequacyPercent": 4.262755362551482,
  "thresholdPercent": 5
}