Diagnosis
What if the UNITREE oracle had different launch settings?
This replay uses the real August 19 orderbooks and the engine's internal oracle path: impact-price difference, adaptive EMA, and discovery-bound reference ladders.
Production cap
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Pinned book window
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Orderbooks
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Trades
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Counterfactuals use observed Reservoir books, then conservatively imply book movement during
the production-pinned window when a faster oracle path would have let Hyperliquid quotes move.
Scenarios
Custom Run
Change the launch settings
Defaults match production. Use the preset buttons for the cases Ben asked for, or type any values.
Max
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First $120
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Oracle Output
Published oracle vs observed UNITREE book
Selected Scenario
Discovery window
Shows why the selected oracle is capped: raw EMA is clipped between the upper and lower discovery bounds around the reference price.
Reference
Upper / lower
Orderbook Inputs
Impact bid / ask
Shows the $6k executable bid and ask prices used by the engine. IPD is still shown in the hover tooltip.
Impact bid
Impact ask