SLVR 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
- 29.85 USDC (shortened; full value 29.85154480049411 USDC)Limited by manipulation cost
- Depth within 5%
- buy6.18 USDC (shortened; full value 6.1862374406753448354341964425 USDC)sell177.73 USDC (shortened; full value 177.73057552350416295681746839335732633878701818375 USDC)
- Cost to move +50%
- 119.40 USDC (shortened; full value 119.40617920197644 USDC)Reachable through the order book
- Checks
- 5 triggered3 not evaluated
History
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.
Higher at the end of the window than at its start
- Lowest
- 1.70 USDC (shortened; full value 1.7003810602676796487778206974 USDC)
- Highest
- 12.73 USDC (shortened; full value 12.7370351046912026265755036353 USDC)
- 2% from mid
- 2.65 USDC (shortened; full value 2.6527110488871226971649053054 USDC)
- 5% from mid
- 6.18 USDC (shortened; full value 6.1862374406753448354341964425 USDC)
- 10% from mid
- 11.96 USDC (shortened; full value 11.9650817559953892427559787306 USDC)
Checks
MANIPULATION_CHEAPMANIPULATION_RATIO_LOWHOLDER_CONCENTRATION_EXTREMETHIN_DEPTH_5PCTHOLDER_CONCENTRATION_HIGHNot 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.
An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.
- Cost of a 50% move, order book only
- 119.40 USDC (shortened; full value 119.40617920197644 USDC)
The target is reachable through the order book
- Genuine volume in the oracle window
- 5.36 USDC (shortened; full value 5.3644041 USDC)
Over the last 900 seconds (15 minutes), after the genuine-trade filter
- Cost against genuine volume
- 22.2589 (shortened; full value 22.25898291330745198707159291)
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
- Total attack cost
- 124.77 USDC (shortened; full value 124.77058330197644 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh