BEER against USDC — what depth stands behind this price?
Risk band
Critical
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 0 USDCLimited by manipulation cost
- Depth within 5%
- buy6.35 USDC (shortened; full value 6.3528049791659879538323167553 USDC)sell6.47 USDC (shortened; full value 6.474688268532068876988120850479561859363182148963 USDC)
- Cost to move +50%
- 0 USDCReachable at no cost: nothing stands in the way
- Checks
- 3 triggered5 not evaluated
History
Buy-side depth
What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.
Lower at the end of the window than at its start
- Lowest
- 2.54 USDC (shortened; full value 2.5442881929740324940218417743 USDC)
- Highest
- 13.01 USDC (shortened; full value 13.0188555624555982296362849913 USDC)
- 2% from mid
- 2.55 USDC (shortened; full value 2.5597631391094049792062163693 USDC)
- 5% from mid
- 6.35 USDC (shortened; full value 6.3528049791659879538323167553 USDC)
- 10% from mid
- 12.55 USDC (shortened; full value 12.5560693232846266147429480883 USDC)
168 readings from horizon, with no gaps reported. One source per chart.
Checks
What fires now, how long it has been firing across the window above, and what could not run.
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
No genuine trade in 30 days
NO_GENUINE_TRADE_30D82 of 168
No genuine trade in 7 days
NO_GENUINE_TRADE_7D82 of 168
Not evaluated5
- Price sources disagree
- Extreme spread
- No genuine trade in 30 days
- No genuine trade in 7 days
- Volume may be wash traded
Evidence
The figures behind the verdict, as the engine served them.
Concentration and wash trading bound how much of the depth is real.
- Largest holder
- 22.8630 % (shortened; full value 22.86309611868417969699368854 %)
- Top ten holders
- 72.5137 % (shortened; full value 72.5137445915465393989674568 %)
- Concentration index
- 1,154.96 (shortened; full value 1154.963396471642262642289345171031610084926668912643084)
Herfindahl–Hirschman, over the holder distribution
- Volume excluded as not genuine
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used
- Volume to supply, 30 day
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used
- Last genuine trade
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used