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Keel
Ledger
64,491,031
Methodology
1.0.8-draft
Age
5s

BTCLN against USDC — what depth stands behind this price?

How has this moved over time?

WindowLast 24 hoursLast 7 daysLast 30 days
ResolutionHourlyDaily
SourceHorizonHubbleOffers impliedTrades implied

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, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

How much can this asset safely back?

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

Risk band

High

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

10.07 USDC (shortened; full value 10.070604992177284765529785883539574285220710988576 USDC)

Limited by liquidation depth

Liquidation termbinds
10.07 USDC (shortened; full value 10.070604992177284765529785883539574285220710988576 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation term
5,518.92 USDC (shortened; full value 5518.920759225036106143610595 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
4.22 USDC (shortened; full value 4.2289937459305396009169073926 USDC)
Sell side
3.94 USDC (shortened; full value 3.944707101769588318512162269683918621530446088 USDC)

5% from mid

Buy side
10.05 USDC (shortened; full value 10.0509507122942264035116540667 USDC)
Sell side
9.93 USDC (shortened; full value 9.938028120842240030222773233024048410525953937328 USDC)

10% from mid

Buy side
19.57 USDC (shortened; full value 19.5723690317658156454887264102 USDC)
Sell side
20.14 USDC (shortened; full value 20.141209984354569531059571767079148570441421977152 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.

What would it cost to move the price?

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.
Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
0.5%0.001196 USDC (shortened; full value 0.0011969702491833 USDC)22,164.42 USDC (shortened; full value 22164.4244405039434360672386776682 USDC)22,075.68 USDC (shortened; full value 22075.68303690014442457444238 USDC)
1%0.001595 USDC (shortened; full value 0.0015959603322444 USDC)63,133.84 USDC (shortened; full value 63133.8408736994212784246286139135 USDC)62,970.28 USDC (shortened; full value 62970.28700620016119457444238 USDC)
10%0.008777 USDC (shortened; full value 0.0087777818273442 USDC)63,885.01 USDC (shortened; full value 63885.0154903100261639811079954998 USDC)62,970.28 USDC (shortened; full value 62970.28700620016119457444238 USDC)
100%0.080595 USDC (shortened; full value 0.0805959967783422 USDC)66,663.98 USDC (shortened; full value 66663.9854805198676215853799440409 USDC)63,090.60 USDC (shortened; full value 63090.60620790112119457444238 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window