On the semi-continuity problem of normalized volumes of singularities

We show that in any $\mathbb{Q}$-Gorenstein flat family of klt singularities, normalized volumes can only jump down at countably many subvarieties. A quick consequence is that smooth points have the largest normalized volume among all klt singularities. Using an alternative characterization of K-semistability developed by Li, Xu and the author, we show that K-semistability is a very generic or empty condition in any $\mathbb{Q}$-Gorenstein flat family of log Fano pairs.