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 61340263 — 2026-02-22T00:10:21Z
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.
Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.