EMN against USDC — what depth stands behind this price?
Risk band
Critical
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 3.42 USDC (shortened; full value 3.4200802 USDC)Limited by manipulation cost
- Depth within 5%
- buy6.23 USDC (shortened; full value 6.237501712234994677100351996 USDC)sell6.35 USDC (shortened; full value 6.357172822651101016446641048685500563161133210062 USDC)
- Cost to move +50%
- 13.68 USDC (shortened; full value 13.6803208 USDC)Reachable through the order book
- Checks
- 5 triggered5 not evaluated
History
Price
The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.
Unchanged across the window
- Lowest
- 105.48495803 USDC (shortened; full value 105.4849580398448684 USDC)
- Highest
- 105.48495803 USDC (shortened; full value 105.4849580398448684 USDC)
- Mid price
- 105.48495803 USDC (shortened; full value 105.4849580398448684 USDC)
168 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.
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Supply is concentratednow
HOLDER_CONCENTRATION_HIGHthroughout
No genuine trade in 30 days
NO_GENUINE_TRADE_30D77 of 168
No genuine trade in 7 days
NO_GENUINE_TRADE_7D77 of 168
Not evaluated5
- Price sources disagree
- Extreme spread
- 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.
3.42 USDC (shortened; full value 3.4200802 USDC)
Limited by manipulation cost
- Liquidation term
- 6.44 USDC (shortened; full value 6.441979795736203371294595463690566574931224130804 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 3.42 USDC (shortened; full value 3.4200802 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.