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 3.419615460283614659446476574511235026060755484148 USDC)Limited by liquidation depth
- Depth within 5%
- buy3.31 USDC (shortened; full value 3.3110717458043010972969072946 USDC)sell3.37 USDC (shortened; full value 3.374597120348177194219199578196671771749294620494 USDC)
- Cost to move +50%
- Not reachableThe order book cannot reach the target
- Checks
- 3 triggered5 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.
Higher at the end of the window than at its start
- Lowest
- 1.29 USDC (shortened; full value 1.2980515510551750630112469543 USDC)
- Highest
- 6.66 USDC (shortened; full value 6.6616588800662096585410805842 USDC)
- 2% from mid
- 1.33 USDC (shortened; full value 1.3356326640035939108052326134 USDC)
- 5% from mid
- 3.31 USDC (shortened; full value 3.3147652251805133064277488409 USDC)
- 10% from mid
- 6.55 USDC (shortened; full value 6.5515031697453009541329997701 USDC)
169 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_30D33 of 169
No genuine trade in 7 days
NO_GENUINE_TRADE_7D33 of 169
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.
Concentration and wash trading bound how much of the depth is real.
- Largest holder
- 99.9999 % (shortened; full value 99.99993997816884881959852995 %)
- Top ten holders
- 99.9999 % (shortened; full value 99.99998515066112633073168364 %)
- Concentration index
- 9,999.98 (shortened; full value 9999.9879956377378428345063441801482080547364921315294479)
Herfindahl–Hirschman, over the holder distribution
- Volume excluded as not genuine
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used
- Volume to supply, 30 day
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used
- Last genuine trade
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used