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Keel
Ledger
64,491,751
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.

10.12 USDC (shortened; full value 10.122963391950132399535891614922180005423043321596 USDC)

Limited by liquidation depth

Liquidation termbinds
10.12 USDC (shortened; full value 10.122963391950132399535891614922180005423043321596 USDC)

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

Manipulation term
5,518.84 USDC (shortened; full value 5518.8457853000241837152007875 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
3.94 USDC (shortened; full value 3.9495253917242000445684520293 USDC)
Sell side
3.96 USDC (shortened; full value 3.965216152773145674542526136406925846379239223 USDC)

5% from mid

Buy side
9.80 USDC (shortened; full value 9.8017514780207977164797907154 USDC)
Sell side
9.98 USDC (shortened; full value 9.989697236025394618644234097687422401232152362138 USDC)

10% from mid

Buy side
19.37 USDC (shortened; full value 19.372672903528484815638604307 USDC)
Sell side
20.24 USDC (shortened; full value 20.245926783900264799071783229844360010846086643192 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%0.001209 USDC (shortened; full value 0.00120941194392915 USDC)22,164.58 USDC (shortened; full value 22164.5859230319069294817469958175 USDC)22,075.38 USDC (shortened; full value 22075.38314120009673486080315 USDC)
1%0.001612 USDC (shortened; full value 0.0016125492585722 USDC)63,134.39 USDC (shortened; full value 63134.3913160660114484773778689463 USDC)62,969.98 USDC (shortened; full value 62969.98711050011350486080315 USDC)
10%0.008869 USDC (shortened; full value 0.0088690209221471 USDC)63,889.47 USDC (shortened; full value 63889.4713882978292473183992051332 USDC)62,969.98 USDC (shortened; full value 62969.98711050011350486080315 USDC)
100%0.081433 USDC (shortened; full value 0.0814337375578961 USDC)66,682.26 USDC (shortened; full value 66682.2640536050730410299937812909 USDC)63,090.30 USDC (shortened; full value 63090.30631220107350486080315 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