tutorial · Cairn research education
Reproduce a price shock in Risk Lab
A step-by-step guide to price, depth, stale-reference and issuer-freeze scenarios.
·Reference model only
- Choose an admitted demo vault.
- Set an underlying price move and an additional liquidity loss.
- Optionally remove the largest maker, mark the reference stale or freeze issuer transfers.
- Read the loss waterfall, cap and execution-availability label.
- Apply a gating state only when you understand that it blocks new exposure; it does not reprice stored positions.
The Risk Lab’s simple horizon model is intentionally labeled separately from the calculator’s daily-clock projection.