Skip to content
keel
Ledger
65,278,224
Methodology
1.0.8-draft
Age
6s

TREAD against USDC — what depth stands behind this price?

All assets

TREAD / USDC

GANM…6VLM

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

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.

Too few readings in this window to show a direction.

No point in this range carried a value.

25 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 itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
1.16 USDC (shortened; full value 1.1644444468909126187371414727 USDC)
Sell side
1.16 USDC (shortened; full value 1.169101984054742485427274270835922795388740238 USDC)

5% from mid

Buy side
2.88 USDC (shortened; full value 2.8899113231017597745969847722 USDC)
Sell side
2.94 USDC (shortened; full value 2.945356421635567977236542709106460648868152842228 USDC)

10% from mid

Buy side
5.71 USDC (shortened; full value 5.7117961325761647368808211161 USDC)
Sell side
5.96 USDC (shortened; full value 5.969297072375517493625656272225229168786216768752 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.