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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

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
3.87 USDC (shortened; full value 3.8703010997913596045015214093 USDC)
Highest
19.14 USDC (shortened; full value 19.1495629360379986775420967874 USDC)
2026-11-01T23:53:34Z — 2026-11-02T22:53:29ZOne scale across every line on this chart
2% from mid
3.87 USDC (shortened; full value 3.8703010997913596045015214093 USDC)
5% from mid
9.60 USDC (shortened; full value 9.6052903184552349823355287375 USDC)
10% from mid
18.98 USDC (shortened; full value 18.9844787466829938705867034223 USDC)
24 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

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
0.00076916 USDC (shortened; full value 0.0007691614870976 USDC)

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

AMM pool spot price
0.00076916 USDC (shortened; full value 0.0007691614870976 USDC)

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

Book against pool
12.3756 % (shortened; full value 12.37562130958870976360279194 %)

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

Spread
11.3500 % (shortened; full value 11.35002225987978754250306443 %)

Best ask minus best bid, over the mid