Retained incident replay

XLE liquidity is low relative to open interest

What happened

Two-sided depth within 1% is 3.83% of open interest.

Why it matters

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

Lifecycle

  • Status resolved; severity warning
  • Detected 2026-07-30T09:08:15.079Z
  • Current cycle 2026-09-21T13:39:25.867Z
  • Resolved 2026-09-21T13:40:11.725Z

Recommended action

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

Open xyz:XLE market evidence

Supporting evidence
{
  "depth100BpsUsd": 137359.52044999998,
  "openInterestNotionalUsd": 3587037.221,
  "adequacyPercent": 3.829330781566484,
  "thresholdPercent": 5
}