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keel
Ledger
65,274,974
Methodology
1.0.8-draft
Age
8s

BTCLN against USDC — what depth stands behind this price?

All assets

BTCLN / USDC

GDPK…VBVT

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
9.92 USDC (shortened; full value 9.92002691885496247053149844896208523018979560934 USDC)Limited by liquidation depth
Depth within 5%
buy9.60 USDC (shortened; full value 9.6051503640005808681184059857 USDC)sell9.78 USDC (shortened; full value 9.78943241898889434171896110436557683611942161577 USDC)
Cost to move +50%
21,000.07 USDC (shortened; full value 21000.07406870005819486444238 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

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
3.94 USDC (shortened; full value 3.9433442607360990775211651961 USDC)
Highest
360.68 USDC (shortened; full value 360.6856276167955758368934652338 USDC)
2026-10-03T23:53:32Z — 2026-10-24T18:53:28ZOne scale across every line on this chart
2% from mid
3.96 USDC (shortened; full value 3.9616856425629819759656515821 USDC)
5% from mid
9.83 USDC (shortened; full value 9.8320866010865665017900642336 USDC)
10% from mid
19.43 USDC (shortened; full value 19.4327318054500380676222408264 USDC)
500 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.
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Extreme spreadSPREAD_EXTREMEthroughout

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.

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
+50%0.001153 USDC (shortened; full value 0.0011537422306464 USDC)21,087.48 USDC (shortened; full value 21087.4885893582915078590599409323 USDC)21,000.07 USDC (shortened; full value 21000.07406870005819486444238 USDC)
+100%0.001538 USDC (shortened; full value 0.0015383229741952 USDC)63,131.09 USDC (shortened; full value 63131.0953748861080726918829148199 USDC)62,969.98 USDC (shortened; full value 62969.98700440011350486444238 USDC)
+1,000%0.008460 USDC (shortened; full value 0.0084607763580736 USDC)63,871.03 USDC (shortened; full value 63871.0382468155887783042732397376 USDC)62,969.98 USDC (shortened; full value 62969.98700440011350486444238 USDC)
+10,000%0.077685 USDC (shortened; full value 0.0776853101968576 USDC)66,610.25 USDC (shortened; full value 66610.2554469384340207737214686708 USDC)63,090.30 USDC (shortened; full value 63090.30620610107350486444238 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.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder