VAQM 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
- 9.11 USDC (shortened; full value 9.112056938025193348730507972604131854276082266782 USDC)Limited by liquidation depth
- Depth within 5%
- buy8.82 USDC (shortened; full value 8.8228266084494156033317219353 USDC)sell8.99 USDC (shortened; full value 8.992099100218173436465568245663962418687030823421 USDC)
- Cost to move +50%
- 764.76 USDC (shortened; full value 764.76460592322 USDC)Reachable through the order book
- Checks
- 7 triggered3 not evaluated
History
Collateral ceiling
The most this asset could back at each reading: the lower of the liquidation and manipulation limits.
Lower at the end of the window than at its start
- Lowest
- 9.08 USDC (shortened; full value 9.083895442434862971785221958522295642957523608108 USDC)
- Highest
- 9.18 USDC (shortened; full value 9.189338041894487269166370072727643596134322197144 USDC)
- Max safe collateral
- 9.11 USDC (shortened; full value 9.110576935195649294500274882182040303198690436936 USDC)
25 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
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.
The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.
9.11 USDC (shortened; full value 9.112056938025193348730507972604131854276082266782 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 9.11 USDC (shortened; full value 9.112056938025193348730507972604131854276082266782 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- 191.19 USDC (shortened; full value 191.191151480805 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.