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keel
Ledger
65,276,232
Methodology
1.0.8-draft
Age
16s

BTC against USDC — what depth stands behind this price?

All assets

BTC / USDC

GDPJ…2MZM

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,444.48 USDC (shortened; full value 1444.487163556609781609259681295626217393414826474431 USDC)Limited by liquidation depth
Depth within 5%
buy1,485.17 USDC (shortened; full value 1485.1757873141459166726331170113 USDC)sell1,302.92 USDC (shortened; full value 1302.928042989171254021826734092598368297216865002222 USDC)
Cost to move +50%
15,200.19 USDC (shortened; full value 15200.19026362814396957975902 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Hubble. The series is as old as the deployment, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

Checks

What fires now, how long it has been firing across the window above, and what could not run.

Triggered3

  • One holder owns most of it
  • Thin depth at 5%
  • Supply is concentrated

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.

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
15,200.19 USDC (shortened; full value 15200.19026362814396957975902 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
60.46 USDC (shortened; full value 60.4664601 USDC)

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
251.3821 (shortened; full value 251.3821751511486939117138596972)

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
15,260.65 USDC (shortened; full value 15260.65672372814396957975902 USDC)

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh