XAU 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
- 12.60 USDC (shortened; full value 12.6086921500010565411 USDC)Limited by manipulation cost
- Depth within 5%
- buy67.69 USDC (shortened; full value 67.6916104291611428086531270011 USDC)sell25.24 USDC (shortened; full value 25.244537310546419492741898319265589567926407733888 USDC)
- Cost to move +50%
- 50.43 USDC (shortened; full value 50.4347686000042261644 USDC)Reachable through the order book
- Checks
- 2 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
- 12.60 USDC (shortened; full value 12.60830922500251431355 USDC)
- Highest
- 12.60 USDC (shortened; full value 12.60887330000099450585 USDC)
- Max safe collateral
- 12.60 USDC (shortened; full value 12.6084616000026176606 USDC)
8 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
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
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.
12.60 USDC (shortened; full value 12.6086921500010565411 USDC)
Limited by manipulation cost
- Liquidation term
- 20.69 USDC (shortened; full value 20.699045576355204232655546883141575189639045588233 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 12.60 USDC (shortened; full value 12.6086921500010565411 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.