03:17:38 UTC · BTC-USD-PERP.HYPERLIQUID CARRY-TRADE UNWIND

Normal operation baseline

Quiet pre-Asia. BTC-USD-PERP.HYPERLIQUID mid hovering at 81,243. Inventory slightly long, well inside per-symbol cap. Both reconciliation cycle and stale-tick guard are passing. The bot is quoting at a 12 bps spread and has nothing else to think about.

03:17:38  BTC-USD-PERP.HYPERLIQUID mid=81243 spread=12bps
03:17:38  net_qty=+0.0061 inventory_usd=+495 cap=2500
03:17:38  ewma_var=0.0019 vol_pct_rank=0.41
03:17:38  halt_state=0 stop_level=0 envelope unchanged
03:17:38  heartbeats [risk recon trading notify]=[2.0s 2.0s 0.6s 3.5s]