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 2.982516863155431909937751155070598826487819937138 USDC)Limited by liquidation depth
- Depth within 5%
- buy2.88 USDC (shortened; full value 2.8878473125629710113436984879 USDC)sell2.94 USDC (shortened; full value 2.943252811519178634475188792198823301063202685339 USDC)
- Cost to move +50%
- Not reachableThe order book cannot reach the target
- Checks
- 3 triggered5 not evaluated
History
Every stored reading from this source, whenever it was taken
A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.
This source is a lower bound, not a measurement
Trades-implied rebuilds the book from trades that happened, so every figure below is a floor: the real value is at least this, and may be more. It is not comparable with a direct reading.
No readings were stored in this range from this source
The engine holds no stored reading for Trades implied on this asset. A reconstruction exists only where keel replay has been run, and it has been run on one pair.
Checks
Triggered3
- One holder owns most of it
- Thin depth at 5%
- Supply is concentrated
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.
Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| +50% | 0.551578 USDC (shortened; full value 0.55157835219752505 USDC) | 26.28 USDC (shortened; full value 26.2817112689860352604968257586 USDC) | unreachablebook ends at 0 USDC |
| +100% | 0.735437 USDC (shortened; full value 0.7354378029300334 USDC) | 48.43 USDC (shortened; full value 48.4382187792839379644416563646 USDC) | unreachablebook ends at 0 USDC |
| +1,000% | 4.044907 USDC (shortened; full value 4.0449079161151837 USDC) | 270.90 USDC (shortened; full value 270.9065772300177417427712516363 USDC) | unreachablebook ends at 0 USDC |
| +10,000% | 37.139609 USDC (shortened; full value 37.1396090479666867 USDC) | 1,058.29 USDC (shortened; full value 1058.2943077714037595271280522902 USDC) | unreachablebook ends at 0 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.
- Highest price the book can reach
- not computed
Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price
- Cost to reach it
- not computed
Every ask below that price. Catches an attack that lands between two rungs of the ladder