Skip to content
keel
Ledger
65,276,595
Methodology
1.0.8-draft
Age
2s

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 9.919454901382387455304974535347439185077190488414 USDC)Limited by liquidation depth
Depth within 5%
buy9.60 USDC (shortened; full value 9.6045965032189968368678853559 USDC)sell9.78 USDC (shortened; full value 9.788867931976199530702355782457664636862953599517 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

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Lower at the end of the window than at its start

Lowest
22,075.38 USDC (shortened; full value 22075.38303600015842486444238 USDC)
Highest
62,969.98 USDC (shortened; full value 62969.98700670012525486444238 USDC)
2026-10-04T01:53:32Z — 2026-10-24T21:08:33Z
Cost to move +50%
62,969.98 USDC (shortened; full value 62969.98700440011350486444238 USDC)
501 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_CONFLICT498 of 501
Extreme spreadSPREAD_EXTREME498 of 501
Nothing tradable within 2%ZERO_DEPTH_2PCT3 of 501

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
0.00076907 USDC (shortened; full value 0.0007690725993701 USDC)

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

AMM pool spot price
0.00076907 USDC (shortened; full value 0.0007690725993701 USDC)

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

Book against pool
12.3886 % (shortened; full value 12.38860943790428248898206429 %)

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

Spread
11.3513 % (shortened; full value 11.35133407060686511400258485 %)

Best ask minus best bid, over the mid