USDT 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 USDCLimited by manipulation cost
- Depth within 5%
- buy10.82 USDC (shortened; full value 10.8217588435041570250547440441 USDC)sell11.02 USDC (shortened; full value 11.029382337204718081125334193190911001636650483827 USDC)
- Cost to move +50%
- 0 USDCReachable at no cost: nothing stands in the way
- Checks
- 7 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.
Lower at the end of the window than at its start
- Lowest
- 4.32 USDC (shortened; full value 4.3287815358830885148736307241 USDC)
- Highest
- 22.14 USDC (shortened; full value 22.14970203152439363633813633 USDC)
- 2% from mid
- 4.36 USDC (shortened; full value 4.3604580148106230011190703047 USDC)
- 5% from mid
- 10.82 USDC (shortened; full value 10.8217588435041570250547440441 USDC)
- 10% from mid
- 21.38 USDC (shortened; full value 21.3887809691184893592535367836 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.
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
Price sources disagreenow
PRICE_SOURCE_CONFLICTthroughout
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
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 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.
Concentration and wash trading bound how much of the depth is real.
- Largest holder
- 84.8179 % (shortened; full value 84.81798694903785359630387124 %)
- Top ten holders
- 93.9378 % (shortened; full value 93.93781620613904049334648343 %)
- Concentration index
- 7,208.32 (shortened; full value 7208.3256184977695152882915630448724491753644435179604754)
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