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 3.41169482420568389936231152577277231323893542363 USDC)Limited by liquidation depth
- Depth within 5%
- buy3.30 USDC (shortened; full value 3.3034025225740787055853072521 USDC)sell3.36 USDC (shortened; full value 3.366780757365160914295157644971437074892584625765 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 1.3310542411828083573538455539 USDC)
- 5% from mid
- 3.30 USDC (shortened; full value 3.3034025225740787055853072521 USDC)
- 10% from mid
- 6.52 USDC (shortened; full value 6.5290452346923363737553167345 USDC)
199 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 199
No genuine trade in 7 days
NO_GENUINE_TRADE_7D62 of 199
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