TREAD against USDC — what depth stands behind this price?
Risk band
High
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 3.41 USDC (shortened; full value 3.41374133427942940903427676340717926870134982363 USDC)Limited by liquidation depth
- Depth within 5%
- buy3.30 USDC (shortened; full value 3.305384073354095543163811073 USDC)sell3.36 USDC (shortened; full value 3.368800325670964618174214461289037862905367825765 USDC)
- Cost to move +50%
- Not reachableThe order book cannot reach the target
- Checks
- 3 triggered5 not evaluated
History
Price
The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.
Higher at the end of the window than at its start
- Lowest
- 0.46780528 USDC (shortened; full value 0.4678052884474027 USDC)
- Highest
- 0.50395276 USDC (shortened; full value 0.5039527683465751 USDC)
- Mid price
- 0.48452669 USDC (shortened; full value 0.4845266978141719 USDC)
200 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.
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_30D62 of 200
No genuine trade in 7 days
NO_GENUINE_TRADE_7D62 of 200
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.
3.41 USDC (shortened; full value 3.41374133427942940903427676340717926870134982363 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 3.41 USDC (shortened; full value 3.41374133427942940903427676340717926870134982363 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- not applicable
Not applied: the critical target is not reachable through the order book.