XRF 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
- 5.79 USDC (shortened; full value 5.796029486284035738708364084692645467204281866084 USDC)Limited by liquidation depth
- Depth within 5%
- buy5.61 USDC (shortened; full value 5.6120548327068411471674195589 USDC)sell5.71 USDC (shortened; full value 5.719726279470333652395348877438759958706907238902 USDC)
- Cost to move +50%
- 25.57 USDC (shortened; full value 25.57823450227079 USDC)Reachable through the order book
- 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.
Higher at the end of the window than at its start
- Lowest
- 2.22 USDC (shortened; full value 2.2205593544718670729188837692 USDC)
- Highest
- 11.30 USDC (shortened; full value 11.303540249996130285967018746 USDC)
- 2% from mid
- 2.26 USDC (shortened; full value 2.2612894843357387265069779701 USDC)
- 5% from mid
- 5.61 USDC (shortened; full value 5.6120548327068411471674195589 USDC)
- 10% from mid
- 11.09 USDC (shortened; full value 11.0920057764456153323764213674 USDC)
Checks
MANIPULATION_CHEAPMANIPULATION_RATIO_LOWPRICE_SOURCE_CONFLICTSPREAD_EXTREMEHOLDER_CONCENTRATION_EXTREMETHIN_DEPTH_5PCTHOLDER_CONCENTRATION_HIGHNO_GENUINE_TRADE_7DNot 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.
An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.
- Cost of a 50% move, order book only
- 25.57 USDC (shortened; full value 25.57823450227079 USDC)
The target is reachable through the order book
- Genuine volume in the oracle window
- 0 USDC
Over the last 900 seconds (15 minutes), after the genuine-trade filter
- Cost against genuine volume
- not computed
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
- Total attack cost
- 25.57 USDC (shortened; full value 25.57823450227079 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh