Retained incident replay

IREN liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 3.42% of open interest.

Why it matters

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

Lifecycle

  • Status active; severity warning
  • Detected 2026-08-27T13:50:18.522Z
  • Current cycle 2026-09-22T19:11:34.999Z

Recommended action

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

Open xyz:IREN market evidence

Supporting evidence
{
  "depth100BpsUsd": 122633.44630000003,
  "openInterestNotionalUsd": 3581928,
  "adequacyPercent": 3.4236714501240684,
  "thresholdPercent": 5
}