USTRY 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%
- buy0.40 USDC (shortened; full value 0.4047049438672008726601091829 USDC)sell0.41 USDC (shortened; full value 0.412575209274610139947760640608245003952110691241 USDC)
- Cost to reach the critical move
- The engine sent no critical rung
- Checks
- 4 triggered6 not evaluated
A past reading, at ledger 61340262 — 2026-02-22T00:10:15Z
Source: offers-implied (rebuilt from offer events). This book was rebuilt, not observed. Read every depth below as a lower bound and every risk as an upper bound.
What the reconstruction reports about itself
Out of 65 accounts walked, with an operation floor at ledger 61300000.
- Offers never seen created
- 28
A later trade named them as resting; the walk never saw them posted
- Walks stopped at the floor
- 55
An offer created before the floor ledger is invisible to this row
- Walks that hit the page cap
- 4
The account had more operations than the walk read
- Walks that failed
- 0
Contributed no offers at all
- Unsizable results
- 0
Operation results whose remaining amount could not be read
Checks
Triggered4
- Cheap to move the price
- Price sources disagree
- Extreme spread
- Thin depth at 5%
Not evaluated6
- Cheap next to real trading
- No genuine trade in 30 days
- One holder owns most of it
- No genuine trade in 7 days
- Supply is concentrated
- 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.
0 USDC
Limited by manipulation cost
- Liquidation term
- 0.41 USDC (shortened; full value 0.418024850955635350298699367032068256116817717222 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 0 USDC
Order-book-only manipulation cost at the critical delta, times the safety margin.