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
- 12.76 USDC (shortened; full value 12.7624777613781095120429112463 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)
24 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
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.
Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
Buy side2.55 USDC (shortened; full value 2.5597631391094049792062163693 USDC)
Sell side
2.57 USDC (shortened; full value 2.5700016627099393963752194785459340583539628605 USDC)
5% from mid
Buy side6.35 USDC (shortened; full value 6.3528049791659879538323167553 USDC)
Sell side
6.47 USDC (shortened; full value 6.474688268532068876988120850479561859363182148963 USDC)
10% from mid
Buy side12.55 USDC (shortened; full value 12.5560693232846266147429480883 USDC)
Sell side
13.12 USDC (shortened; full value 13.122125879906397988217780814599890438303367751492 USDC)
Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.