LIBRE 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
- 0.09 USDC (shortened; full value 0.09202875 USDC)Limited by manipulation cost
- Depth within 5%
- buy0 USDCsell15.72 USDC (shortened; full value 15.72412637892523039797497842743150464309905153694 USDC)
- Cost to move +50%
- 0.36 USDC (shortened; full value 0.368115 USDC)Reachable through the order book
- Checks
- 5 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
- 5.34 USDC (shortened; full value 5.3479676557400049007628284817 USDC)
- 2% from mid
- 0 USDC
- 5% from mid
- 0 USDC
- 10% from mid
- 4.24 USDC (shortened; full value 4.242171368442018142076335991 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
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
Extreme spreadnow
SPREAD_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
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.
0.09 USDC (shortened; full value 0.09202875 USDC)
Limited by manipulation cost
- Liquidation term
- 11.36 USDC (shortened; full value 11.3619278638355151847818736101368493572568900454445 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 0.09 USDC (shortened; full value 0.09202875 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.