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keel
Ledger
64,751,766
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 10.406312603978267180976855627373238303815283447202 USDC)Limited by liquidation depth
Depth within 5%
buy10.07 USDC (shortened; full value 10.0760029618469617892515198128 USDC)sell10.26 USDC (shortened; full value 10.269316230052215599353275707745126704411043192931 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

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Higher at the end of the window than at its start

Lowest
9.78 USDC (shortened; full value 9.783994991230110721526205689399562965403293174856 USDC)
Highest
11.70 USDC (shortened; full value 11.7049962422837982849181564708210854066209328592555 USDC)
2026-09-11T17:47:56Z — 2026-10-02T10:38:32Z
Max safe collateral
10.52 USDC (shortened; full value 10.525207364384836937443959080901822744776733618606 USDC)
498 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICT497 of 498
Extreme spreadnowSPREAD_EXTREME497 of 498
Supply is concentratednowHOLDER_CONCENTRATION_HIGH146 of 498
No genuine trade in 7 daysNO_GENUINE_TRADE_7D106 of 498

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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
4.05 USDC (shortened; full value 4.0599687507989430298523588637 USDC)
Sell side
4.07 USDC (shortened; full value 4.0762054776286472069909170301805285428242093885 USDC)

5% from mid

Buy side
10.07 USDC (shortened; full value 10.0760029618469617892515198128 USDC)
Sell side
10.26 USDC (shortened; full value 10.269316230052215599353275707745126704411043192931 USDC)

10% from mid

Buy side
360.41 USDC (shortened; full value 360.4119246375584694552663605984 USDC)
Sell side
20.81 USDC (shortened; full value 20.812625207956534361953711254746476607630566894404 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.