Skip to content
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

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.

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.