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.
Higher at the end of the window than at its start
- Lowest
- 2.35 USDC (shortened; full value 2.3548704455955843199987071187 USDC)
- Highest
- 13.01 USDC (shortened; full value 13.0188555624555982296362849913 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)
498 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_LOW146 of 498
No genuine trade in 30 days
NO_GENUINE_TRADE_30D197 of 498
No genuine trade in 7 days
NO_GENUINE_TRADE_7D197 of 498
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.
The engine answers only for ledgers a replay has stored, and says so when it has not. A stored past reading is rebuilt from the operation stream, so it carries its own gaps.