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keel
Ledger
64,752,305
Methodology
1.0.8-draft
Age
9s

BTC against USDC — what depth stands behind this price?

All assets

BTC / USDC

GDPJ…2MZM

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,388.39 USDC (shortened; full value 1388.3982730510385119836275639580514750244577269670795 USDC)Limited by liquidation depth
Depth within 5%
buy1,564.41 USDC (shortened; full value 1564.4196029170526018470300912929 USDC)sell1,585.21 USDC (shortened; full value 1585.216893529971726521979338324150600942080117846548 USDC)
Cost to move +50%
25,056.56 USDC (shortened; full value 25056.56650343686517677808187 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Source

Every stored reading from this source, whenever it was taken

A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.

No readings were stored in this range from this source

The engine holds no stored reading for Offers implied on this asset. A reconstruction exists only where keel replay has been run, and it has been run on one pair.

Checks

What fires now, how long it has been firing across the window above, and what could not run.

Triggered3

  • One holder owns most of it
  • Thin depth at 5%
  • Supply is concentrated

Not evaluated3

  • 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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
25,056.56 USDC (shortened; full value 25056.56650343686517677808187 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
0 USDC

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
not computed

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
25,056.56 USDC (shortened; full value 25056.56650343686517677808187 USDC)

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh