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keel
Ledger
65,277,314
Methodology
1.0.8-draft
Age
7s

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
9.91 USDC (shortened; full value 9.919673542844253649012666031466658095172711858856 USDC)Limited by liquidation depth
Depth within 5%
buy9.60 USDC (shortened; full value 9.6048082046735184107316317847 USDC)sell9.78 USDC (shortened; full value 9.789083695080610451660904666249975914051284308668 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

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
3.82 USDC (shortened; full value 3.828048118805253099170344199000221461901087722896 USDC)
Highest
10.02 USDC (shortened; full value 10.023958004346182217197239387998865851192469842806 USDC)
2026-10-27T23:53:33Z — 2026-11-03T02:08:29Z
Max safe collateral
9.91 USDC (shortened; full value 9.919673542844253649012666031466658095172711858856 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICT6 of 8
Nothing tradable within 2%ZERO_DEPTH_2PCT2 of 8

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
0.00076910 USDC (shortened; full value 0.0007691064521938 USDC)

AMM pool spot price, because the book and the pool disagree or the book is one-sided

AMM pool spot price
0.00076910 USDC (shortened; full value 0.0007691064521938 USDC)

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

Book against pool
12.3836 % (shortened; full value 12.38366256511399828288127159 %)

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

Spread
11.3508 % (shortened; full value 11.35083443273494770647947592 %)

Best ask minus best bid, over the mid