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keel
Ledger
64,751,046
Methodology
1.0.8-draft
Age
6s

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
10.41 USDC (shortened; full value 10.419248688805503458343170222852565260614895006268 USDC)Limited by liquidation depth
Depth within 5%
buy10.08 USDC (shortened; full value 10.0885284359741717953639804706 USDC)sell10.28 USDC (shortened; full value 10.282082014718234954994098250066435974476291391354 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
10.33 USDC (shortened; full value 10.332416540329002389541455988385105558674427367232 USDC)
Highest
10.41 USDC (shortened; full value 10.419248688805503458343170222852565260614895006268 USDC)
2026-09-26T23:50:46Z — 2026-10-03T15:08:32Z
Max safe collateral
10.41 USDC (shortened; full value 10.419248688805503458343170222852565260614895006268 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.
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
No genuine trade in 7 daysNO_GENUINE_TRADE_7D4 of 8

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
4.06 USDC (shortened; full value 4.0650156941689738743002249054 USDC)
Sell side
4.08 USDC (shortened; full value 4.081272607729245083398046474858524696016321159 USDC)

5% from mid

Buy side
10.08 USDC (shortened; full value 10.0885284359741717953639804706 USDC)
Sell side
10.28 USDC (shortened; full value 10.282082014718234954994098250066435974476291391354 USDC)

10% from mid

Buy side
360.43 USDC (shortened; full value 360.4366807448156614952296124351 USDC)
Sell side
20.83 USDC (shortened; full value 20.838497377611006916686340445705130521229790012536 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.