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%
- buy10.81 USDC (shortened; full value 10.8141271335071388270995520521 USDC)sell11.02 USDC (shortened; full value 11.021604207174191047570352654319588884698007491053 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
- 0 USDC
- Highest
- 29.53 USDC (shortened; full value 29.5365183504595347239035861322 USDC)
- 2% from mid
- 4.42 USDC (shortened; full value 4.4284838303637876556064442843 USDC)
- 5% from mid
- 10.99 USDC (shortened; full value 10.9905849091487803692321879414 USDC)
- 10% from mid
- 21.72 USDC (shortened; full value 21.7224590515975116137019193917 USDC)
22 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
Extreme spreadnow
SPREAD_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Price sources disagreenow
PRICE_SOURCE_CONFLICT13 of 22
Cheap next to real tradingnow
MANIPULATION_RATIO_LOW7 of 22
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREME7 of 22
Supply is concentratednow
HOLDER_CONCENTRATION_HIGH7 of 22
No genuine trade in 30 days
NO_GENUINE_TRADE_30D5 of 22
No genuine trade in 7 days
NO_GENUINE_TRADE_7D5 of 22
Nothing tradable within 2%
ZERO_DEPTH_2PCT3 of 22
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.
Both price sources, not only the one that won, and the pair that set the band.
- Price used
- 0.11339568 USDC (shortened; full value 0.1133956889696171 USDC)
AMM pool spot price, because the book and the pool disagree or the book is one-sided
- AMM pool spot price
- 0.11339568 USDC (shortened; full value 0.1133956889696171 USDC)
The pool with the largest quote reserve, reported whichever source set the price
- Book against pool
- 36.5323 % (shortened; full value 36.53239502031025275275309962 %)
Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires
- Spread
- 96.6910 % (shortened; full value 96.69106559190054373912005623 %)
Best ask minus best bid, over the mid