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keel
Ledger
65,275,515
Methodology
1.0.8-draft
Age
2s

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
1,644.04 USDC (shortened; full value 1644.042123052018564904057874593336051714267716659344 USDC)Limited by liquidation depth
Depth within 5%
buy1,081.28 USDC (shortened; full value 1081.2868444525240065106203911062 USDC)sell1,703.96 USDC (shortened; full value 1703.960453002839814532865570592225824842446085456448 USDC)
Cost to move +50%
14,881.33 USDC (shortened; full value 14881.3367772738048956021879 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

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
415.02 USDC (shortened; full value 415.0251487885794706898989240739 USDC)
Highest
14,131.05 USDC (shortened; full value 14131.0506577789573519514551750012 USDC)
2026-11-01T23:53:29Z — 2026-11-02T23:38:34ZOne scale across every line on this chart
2% from mid
449.44 USDC (shortened; full value 449.4422810652749823385429397404 USDC)
5% from mid
1,094.89 USDC (shortened; full value 1094.8926020313637863152010053704 USDC)
10% from mid
2,150.48 USDC (shortened; full value 2150.4831098041810831823773006547 USDC)
25 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 25

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
76,738.18304068 USDC (shortened; full value 76738.18304068405488285 USDC)

Order book mid

AMM pool spot price
76,925.62272170 USDC (shortened; full value 76925.6227217006459993 USDC)

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

Book against pool
0.2436 % (shortened; full value 0.24366352118422898159832654 %)

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

Spread
0.0834 % (shortened; full value 0.08340605219741473504576629 %)

Best ask minus best bid, over the mid