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
- 54.81 USDC (shortened; full value 54.8147756834256807906562837470989138350713876962575 USDC)Limited by liquidation depth
- Depth within 5%
- buy0 USDCsell79.15 USDC (shortened; full value 79.158610387207894446709604833739915805211800448603 USDC)
- Cost to move +50%
- 9,188.91 USDC (shortened; full value 9188.9195771 USDC)Reachable through the order book
- Checks
- 6 triggered3 not evaluated
History
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.
Unchanged across the window
- Lowest
- 0 USDC
- Highest
- 10.49 USDC (shortened; full value 10.4944059666782770591940552805 USDC)
- 2% from mid
- 0 USDC
- 5% from mid
- 0 USDC
- 10% from mid
- 7.02 USDC (shortened; full value 7.0259204201057673895783548675 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.
Nothing tradable within 2%now
ZERO_DEPTH_2PCTthroughout
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
Cheap to move the pricenow
MANIPULATION_CHEAP6 of 8
No genuine trade in 7 days
NO_GENUINE_TRADE_7D2 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.
The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.
54.81 USDC (shortened; full value 54.8147756834256807906562837470989138350713876962575 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 54.81 USDC (shortened; full value 54.8147756834256807906562837470989138350713876962575 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- 2,297.22 USDC (shortened; full value 2297.229894275 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.