Skip to content
keel
Ledger
65,274,974
Methodology
1.0.8-draft
Age
7s

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
1,672.59 USDC (shortened; full value 1672.592578649794991525594295409441323769316906560382 USDC)Limited by liquidation depth
Depth within 5%
buy1,022.20 USDC (shortened; full value 1022.2030304392745875474217523715 USDC)sell1,761.28 USDC (shortened; full value 1761.280010540506445523526856266736110532411594004618 USDC)
Cost to move +50%
14,838.37 USDC (shortened; full value 14838.37569205458567638295954 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

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
691.94 USDC (shortened; full value 691.942452881444381315390672226918729900464328901301 USDC)
Highest
1,681.97 USDC (shortened; full value 1681.976297869189634383495569369258195485691286416771 USDC)
2026-10-26T23:53:33Z — 2026-11-02T22:53:29Z
Max safe collateral
1,651.06 USDC (shortened; full value 1651.0661763721626649974111914464535779135339117279075 USDC)
168 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT1 of 168

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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
76,704.62229465 USDC (shortened; full value 76704.6222946590171998 USDC)

Order book mid

AMM pool spot price
76,947.86036155 USDC (shortened; full value 76947.8603615587679773 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
0.3161 % (shortened; full value 0.31610764192381163280976443 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
0.1233 % (shortened; full value 0.12331622487160820366916603 %)

Best ask minus best bid, over the mid