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
- 5.78 USDC (shortened; full value 5.787524891347249658348739205177939944684733496616 USDC)Limited by liquidation depth
- Depth within 5%
- buy5.60 USDC (shortened; full value 5.6038201863462333259580283167 USDC)sell5.71 USDC (shortened; full value 5.711333645293558196842567325782399861995674637948 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
- 2.20 USDC (shortened; full value 2.2008906614273729831854776798 USDC)
- Highest
- 11.30 USDC (shortened; full value 11.303540249996130285967018746 USDC)
- 2% from mid
- 2.25 USDC (shortened; full value 2.2579714627237715693356302878 USDC)
- 5% from mid
- 5.60 USDC (shortened; full value 5.6038201863462333259580283167 USDC)
- 10% from mid
- 11.07 USDC (shortened; full value 11.0757303216039181165375739267 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