FRED against USDC — what depth stands behind this price?
Risk band
Critical
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 0.27 USDC (shortened; full value 0.2750000000000054737408 USDC)Limited by manipulation cost
- Depth within 5%
- buy20.50 USDC (shortened; full value 20.5037488151692870875630047032 USDC)sell20.89 USDC (shortened; full value 20.897128488892058990287399631701435967930637781408 USDC)
- Cost to move +50%
- 1.10 USDC (shortened; full value 1.1000000000000218949632 USDC)Reachable through the order book
- Checks
- 5 triggered3 not evaluated
History
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.
Higher at the end of the window than at its start
- Lowest
- 0 USDC
- Highest
- 1.10 USDC (shortened; full value 1.1000000000000218949632 USDC)
- Cost to move +50%
- 1.10 USDC (shortened; full value 1.1000000000000218949632 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.
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Price sources disagreenow
PRICE_SOURCE_CONFLICT268 of 501
Extreme spreadnow
SPREAD_EXTREME197 of 501
Nothing tradable within 2%
ZERO_DEPTH_2PCT221 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.
The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.
0.27 USDC (shortened; full value 0.2750000000000054737408 USDC)
Limited by manipulation cost
- Liquidation term
- 21.17 USDC (shortened; full value 21.175903702773114568982286204906875162232022527936 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 0.27 USDC (shortened; full value 0.2750000000000054737408 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.