Retained incident replay

GBP liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 4.43% of open interest.

Why it matters

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

Lifecycle

• Status resolved; severity warning
• Detected 2026-09-18T21:31:27.344Z
• Current cycle 2026-09-20T02:30:49.735Z
• Resolved 2026-09-20T02:34:27.950Z

Recommended action

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

Open xyz:GBP market evidence

{
  "depth100BpsUsd": 21745.198600000003,
  "openInterestNotionalUsd": 491244.77040000004,
  "adequacyPercent": 4.426550654634715,
  "thresholdPercent": 5
}