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%
- buy6.34 USDC (shortened; full value 6.3476405376761843206828714408 USDC)sell6.46 USDC (shortened; full value 6.469424743390464151207030534741610835595015774173 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.
Higher at the end of the window than at its start
- Lowest
- 2.35 USDC (shortened; full value 2.3557542530491164615315196841 USDC)
- Highest
- 12.88 USDC (shortened; full value 12.8881364249353135031515181973 USDC)
- 2% from mid
- 2.60 USDC (shortened; full value 2.6019065814269434977334548392 USDC)
- 5% from mid
- 6.45 USDC (shortened; full value 6.4573963243977197595193721507 USDC)
- 10% from mid
- 12.76 USDC (shortened; full value 12.7627900058259671284740709149 USDC)
22 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
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOW7 of 22
No genuine trade in 30 days
NO_GENUINE_TRADE_30D9 of 22
No genuine trade in 7 days
NO_GENUINE_TRADE_7D9 of 22
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
- 22.8661 % (shortened; full value 22.86619326363957772446674524 %)
- Top ten holders
- 72.5235 % (shortened; full value 72.52356765212822472607353536 %)
- Concentration index
- 1,155.27 (shortened; full value 1155.2737586173996428747119772133247692922615571122781218)
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