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keel
Ledger
64,751,946
Methodology
1.0.8-draft
Age
5s

BTCLN against USDC — what depth stands behind this price?

All assets

BTCLN / USDC

GDPK…VBVT

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
10.40 USDC (shortened; full value 10.408039418480842535855414815410586376730136781706 USDC)Limited by liquidation depth
Depth within 5%
buy10.07 USDC (shortened; full value 10.0776749646718782965476976594 USDC)sell10.27 USDC (shortened; full value 10.271020311495128177630865663501673485324409465343 USDC)
Cost to move +50%
62,969.98 USDC (shortened; full value 62969.98700670012525486444238 USDC)Reachable through the order book
Checks
4 triggered3 not evaluated

History

Window
Resolution
Source

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Unchanged across the window

Lowest
22,992.34 USDC (shortened; full value 22992.34143740010848486444238 USDC)
Highest
62,969.98 USDC (shortened; full value 62969.98700670012525486444238 USDC)
2026-10-02T16:53:32Z — 2026-10-03T16:23:32Z
Cost to move +50%
62,969.98 USDC (shortened; full value 62969.98700670012525486444238 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.
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_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.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

10.40 USDC (shortened; full value 10.408039418480842535855414815410586376730136781706 USDC)

Limited by liquidation depth

Liquidation termbinds
10.40 USDC (shortened; full value 10.408039418480842535855414815410586376730136781706 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation term
15,742.49 USDC (shortened; full value 15742.496751675031313716110595 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.