See the signal. Choose the response.
These drills do not predict markets. They test whether you can recognize the mechanic that changes when conditions deteriorate.
Funding turns sharply positive
You hold a leveraged BTC long. Price is nearly unchanged, but funding rises as long positioning becomes crowded.
Recognize the changed constraint before choosing an action.
Each scenario isolates one failure mode, but real incidents often combine several: thinner liquidity can increase slippage while mark price approaches liquidation, funding consumes equity, or collateral loses value. After choosing a response, repeat the drill with a second simultaneous shock.
Observe Identify what changed and which value is authoritative.
Quantify Convert the change into account equity, fill, or authorization risk.
Constrain Choose an action that does not assume normal liquidity or immediate recovery.
Verify Reconcile the actual provider and wallet state after acting.
Scenario mechanics
The drills are based on documented market, margin, collateral, and wallet mechanics.