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keel
Ledger
64,752,485
Methodology
1.0.8-draft
Age
8s

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
1,383.48 USDC (shortened; full value 1383.484887169794235976099867115528556855378007379609 USDC)Limited by liquidation depth
Depth within 5%
buy1,575.51 USDC (shortened; full value 1575.5132973759287031423747353178 USDC)sell1,575.12 USDC (shortened; full value 1575.120845287194300050954708611241362483573736384469 USDC)
Cost to move +50%
25,056.98 USDC (shortened; full value 25056.98209878813348340829474 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
83,899.40985 USDC
Highest
85,346.3322 USDC
2026-10-02T17:53:32Z — 2026-10-03T17:08:27Z
Mid price
84,477.67517017 USDC (shortened; full value 84477.67517017017017015 USDC)
25 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

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
84,516.11861361 USDC (shortened; full value 84516.1186136136136136 USDC)

Order book mid

AMM pool spot price
84,602.94105754 USDC (shortened; full value 84602.9410575427106914 USDC)

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

Book against pool
0.1026 % (shortened; full value 0.10262343465110127991548054 %)

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

Spread
1.2213 % (shortened; full value 1.22132587742968196516754517 %)

Best ask minus best bid, over the mid