TREAD against USDC — what depth stands behind this price?
Risk band
High
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 2.98 USDC (shortened; full value 2.984648536187758746812828136112614584393108384376 USDC)Limited by liquidation depth
- Depth within 5%
- buy2.88 USDC (shortened; full value 2.8899113231017597745969847722 USDC)sell2.94 USDC (shortened; full value 2.945356421635567977236542709106460648868152842228 USDC)
- Cost to move +50%
- Not reachableThe order book cannot reach the target
- Checks
- 3 triggered5 not evaluated
History
Collateral ceiling
The most this asset could back at each reading: the lower of the liquidation and manipulation limits.
Lower at the end of the window than at its start
- Lowest
- 3.10 USDC (shortened; full value 3.103962414183018807115088800439084440807178040846 USDC)
- Highest
- 3.45 USDC (shortened; full value 3.45571077915116349410387636333154066002039513613 USDC)
- Max safe collateral
- 3.12 USDC (shortened; full value 3.123608391589044487042875820550341482481407693192 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.
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Supply is concentratednow
HOLDER_CONCENTRATION_HIGHthroughout
Not evaluated5
- Price sources disagree
- Extreme spread
- 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.
2.98 USDC (shortened; full value 2.984648536187758746812828136112614584393108384376 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 2.98 USDC (shortened; full value 2.984648536187758746812828136112614584393108384376 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- not applicable
Not applied: the critical target is not reachable through the order book.