Skip to content
keel
Ledger
64,753,386
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
1,403.74 USDC (shortened; full value 1403.7427883778724046679899608719973484093296220970245 USDC)Limited by liquidation depth
Depth within 5%
buy1,534.60 USDC (shortened; full value 1534.6041564301405510705504545124 USDC)sell1,615.66 USDC (shortened; full value 1615.669584945590254503948516900895098518704026383704 USDC)
Cost to move +50%
25,056.91 USDC (shortened; full value 25056.91025430714561224204838 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.

Higher at the end of the window than at its start

Lowest
82,728.23073065 USDC (shortened; full value 82728.230730650403242 USDC)
Highest
84,547.79954779 USDC (shortened; full value 84547.7995477995477995 USDC)
2026-09-26T23:50:46Z — 2026-10-03T18:23:27Z
Mid price
84,519.11661161 USDC (shortened; full value 84519.1166116116116116 USDC)
8 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
84,511.18367867 USDC (shortened; full value 84511.1836786786786787 USDC)

Order book mid

AMM pool spot price
84,748.77034806 USDC (shortened; full value 84748.7703480605145404 USDC)

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

Book against pool
0.2803 % (shortened; full value 0.28034232049158346312577442 %)

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

Spread
1.2097 % (shortened; full value 1.20971842169959490127639707 %)

Best ask minus best bid, over the mid