Skip to content
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

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
3.82 USDC (shortened; full value 3.8288427883971628021323288469 USDC)
Highest
360.63 USDC (shortened; full value 360.6394564974876861775675090727 USDC)
2026-09-11T23:47:54Z — 2026-10-02T10:38:32ZOne scale across every line on this chart
2% from mid
4.10 USDC (shortened; full value 4.1063548970541034037796452189 USDC)
5% from mid
350.68 USDC (shortened; full value 350.6882269245537160410633363223 USDC)
10% from mid
360.63 USDC (shortened; full value 360.6394564974876861775675090727 USDC)
22 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_HIGH7 of 22
No genuine trade in 7 daysNO_GENUINE_TRADE_7D5 of 22

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
0.00084876 USDC (shortened; full value 0.0008487659668346 USDC)

AMM pool spot price, because the book and the pool disagree or the book is one-sided

AMM pool spot price
0.00084876 USDC (shortened; full value 0.0008487659668346 USDC)

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

Book against pool
22.3744 % (shortened; full value 22.37448577501192380771668263 %)

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

Spread
38.1356 % (shortened; full value 38.13561334970165038207835326 %)

Best ask minus best bid, over the mid