XRP 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
- 629.17 USDC (shortened; full value 629.1723146886885579403906325 USDC)Limited by manipulation cost
- Depth within 5%
- buy1,430.85 USDC (shortened; full value 1430.8553084844721755068484256096 USDC)sell1,704.12 USDC (shortened; full value 1704.128726366618795424735752254596953353614886233972 USDC)
- Cost to reach the critical move
- The engine sent no critical rung
- Checks
- 5 triggered3 not evaluated
History
Collateral ceiling
The most this asset could back at each reading: the lower of the liquidation and manipulation limits.
Higher at the end of the window than at its start
- Lowest
- 455.49 USDC (shortened; full value 455.4907867797506305 USDC)
- Highest
- 648.97 USDC (shortened; full value 648.9732842196672711581045775 USDC)
- Max safe collateral
- 629.38 USDC (shortened; full value 629.3887238737114239552362575 USDC)
169 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
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.
629.17 USDC (shortened; full value 629.1723146886885579403906325 USDC)
Limited by manipulation cost
- Liquidation term
- 871.64 USDC (shortened; full value 871.643868899750137775692847893704218147178492883872 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 629.17 USDC (shortened; full value 629.1723146886885579403906325 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.