arXiv:2510.17088v1 Announce Type: cross Abstract: Financial anomalies exhibit heterogeneous mechanisms (price shocks, liquidity freezes, contagion cascades, regime shifts), but existing detectors treat all anomalies uniformly, producing scalar scores without revealing which mechanism is failing, where risks concentrate, or how to intervene. This opacity prevents targeted regulatory responses. Three unsolved challenges persist: (1) static graph structures cannot adapt when market correlations shift during regime changes; (2) uniform detection mechanisms miss type-specific signatures across multiple temporal scales while failing to integrate individual behaviors with network contagion; (3) black-box outputs provide no actionable guidance on anomaly mechanisms or their temporal evolution. We address these via adaptive graph learning with specialized expert networks that provide built-in interpretability. Our framework captures multi-scale temporal dependencies through BiLSTM with self-attention, fuses temporal and spatial information via cross-modal attention, learns dynamic graphs through neural multi-source interpolation, adaptively balances learned dynamics with structural priors via stress-modulated fusion, routes anomalies to four mechanism-specific experts, and produces dual-level interpretable attributions. Critically, interpretability is embedded architecturally rather than applied post-hoc. On 100 US equities (2017-2024), we achieve 92.3% detection of 13 major events with 3.8-day lead time, outperforming best baseline by 30.8pp. Silicon Valley Bank case study demonstrates anomaly evolution tracking: Price-Shock expert weight rose to 0.39 (33% above baseline 0.29) during closure, peaking at 0.48 (66% above baseline) one week later, revealing automatic temporal mechanism identification without labeled supervision.