ETH 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
- 53.14 USDC (shortened; full value 53.143296551458975057524090980463185657669774536692 USDC)Limited by liquidation depth
- Depth within 5%
- buy0 USDCsell75.81 USDC (shortened; full value 75.815526717994450735288844111033362346231757950868 USDC)
- Cost to move +50%
- 9,188.99 USDC (shortened; full value 9188.9986771 USDC)Reachable through the order book
- Checks
- 6 triggered3 not evaluated
History
Collateral ceiling
The most this asset could back at each reading: the lower of the liquidation and manipulation limits.
Lower at the end of the window than at its start
- Lowest
- 51.45 USDC (shortened; full value 51.453783434521115946292165915155381134017954980255 USDC)
- Highest
- 55.59 USDC (shortened; full value 55.5930937431582158344397425856001378125142958057115 USDC)
- Max safe collateral
- 53.14 USDC (shortened; full value 53.143296551458975057524090980463185657669774536692 USDC)
25 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.
Nothing tradable within 2%now
ZERO_DEPTH_2PCTthroughout
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Extreme spreadnow
SPREAD_EXTREMEthroughout
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Supply is concentratednow
HOLDER_CONCENTRATION_HIGHthroughout
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.
The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.
53.14 USDC (shortened; full value 53.143296551458975057524090980463185657669774536692 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 53.14 USDC (shortened; full value 53.143296551458975057524090980463185657669774536692 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- 2,297.24 USDC (shortened; full value 2297.249669275 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.