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keel
Ledger
64,750,326
Methodology
1.0.8-draft
Age
4s

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
1,341.12 USDC (shortened; full value 1341.12615592481670648465909765457321358458736742106 USDC)Limited by liquidation depth
Depth within 5%
buy2,266.35 USDC (shortened; full value 2266.3513234811350334744779921653 USDC)sell1,488.31 USDC (shortened; full value 1488.317108802189100238261722217246269137490930414572 USDC)
Cost to move +50%
24,833.50 USDC (shortened; full value 24833.50627816061844987137122 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

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
0 USDC
Highest
22,010.98 USDC (shortened; full value 22010.9800859516168351456728932719 USDC)
2026-09-26T14:50:46Z — 2026-10-03T14:08:27ZOne scale across every line on this chart
2% from mid
962.86 USDC (shortened; full value 962.8695925364944293317827470436 USDC)
5% from mid
2,264.10 USDC (shortened; full value 2264.1029964999783607679905187932 USDC)
10% from mid
21,888.61 USDC (shortened; full value 21888.6187230568922107820878793527 USDC)
169 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT3 of 169

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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
84,814.41981441 USDC (shortened; full value 84814.4198144198144198 USDC)

Order book mid

AMM pool spot price
84,596.61435582 USDC (shortened; full value 84596.6143558299698494 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
0.2574 % (shortened; full value 0.25746356429077888059554124 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
0.1999 % (shortened; full value 0.19999999999999999995330983 %)

Best ask minus best bid, over the mid