BEER 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
- 0 USDCLimited by manipulation cost
- Depth within 5%
- buy5.77 USDC (shortened; full value 5.7790242571018044901441675967 USDC)sell5.88 USDC (shortened; full value 5.889899136480584201888544787529376367237090189365 USDC)
- Cost to move +50%
- 0 USDCReachable at no cost: nothing stands in the way
- Checks
- 3 triggered5 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.
Lower at the end of the window than at its start
- Lowest
- 2.32 USDC (shortened; full value 2.3285671954139485050306553946 USDC)
- Highest
- 11.74 USDC (shortened; full value 11.746773649903424596305625412 USDC)
- 2% from mid
- 2.32 USDC (shortened; full value 2.3285671954139485050306553946 USDC)
- 5% from mid
- 5.77 USDC (shortened; full value 5.7790242571018044901441675967 USDC)
- 10% from mid
- 11.42 USDC (shortened; full value 11.4220142804761171590183916584 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
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Not evaluated5
- Price sources disagree
- Extreme spread
- 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.
Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
Buy side2.32 USDC (shortened; full value 2.3285671954139485050306553946 USDC)
Sell side
2.33 USDC (shortened; full value 2.3378809830146132925891756165066457193831167275 USDC)
5% from mid
Buy side5.77 USDC (shortened; full value 5.7790242571018044901441675967 USDC)
Sell side
5.88 USDC (shortened; full value 5.889899136480584201888544787529376367237090189365 USDC)
10% from mid
Buy side11.42 USDC (shortened; full value 11.4220142804761171590183916584 USDC)
Sell side
11.93 USDC (shortened; full value 11.93694502088713419628367533674680643870432210966 USDC)
Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.