Skip to content
keel
Ledger
65,277,314
Methodology
1.0.8-draft
Age
6s

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
1,437.33 USDC (shortened; full value 1437.33416202079520430560251368465917940970765350349 USDC)Limited by liquidation depth
Depth within 5%
buy1,423.86 USDC (shortened; full value 1423.868739152486931731816439659 USDC)sell1,320.80 USDC (shortened; full value 1320.80911061495114095462482319138923653408569340601 USDC)
Cost to move +50%
15,277.61 USDC (shortened; full value 15277.61475983996648106988386 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
1,264.75 USDC (shortened; full value 1264.750538196514256540136482014821506508521185438556 USDC)
Highest
1,644.04 USDC (shortened; full value 1644.042123052018564904057874593336051714267716659344 USDC)
2026-10-27T23:53:28Z — 2026-11-03T02:08:29Z
Max safe collateral
1,448.75 USDC (shortened; full value 1448.752857849026429329705060978260700793483827284755 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_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.

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

Price used
76,324.22445 USDC

Order book mid

AMM pool spot price
76,645.22096197 USDC (shortened; full value 76645.220961976493856 USDC)

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

Book against pool
0.4188 % (shortened; full value 0.41880825437992988282430784 %)

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

Spread
0.8495 % (shortened; full value 0.8495977583431573276864132 %)

Best ask minus best bid, over the mid