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
- 2.99 USDC (shortened; full value 2.992557328088637704759766686038268166960189721554 USDC)Limited by liquidation depth
- Depth within 5%
- buy2.89 USDC (shortened; full value 2.8975690781068428188610992238 USDC)sell2.95 USDC (shortened; full value 2.953161096367014418224384601007257231164238854187 USDC)
- Cost to move +50%
- Not reachableThe order book cannot reach the target
- Checks
- 3 triggered5 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.
Lower at the end of the window than at its start
- Lowest
- 1.16 USDC (shortened; full value 1.167530019178213579662470104 USDC)
- Highest
- 6.00 USDC (shortened; full value 6.000965514529113364607421021 USDC)
- 2% from mid
- 1.16 USDC (shortened; full value 1.167530019178213579662470104 USDC)
- 5% from mid
- 2.89 USDC (shortened; full value 2.8975690781068428188610992238 USDC)
- 10% from mid
- 5.72 USDC (shortened; full value 5.7269313843302923292440372147 USDC)
168 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.
Concentration and wash trading bound how much of the depth is real.
- Largest holder
- 99.9999 % (shortened; full value 99.99994183243680142947321027 %)
- Top ten holders
- 99.9999 % (shortened; full value 99.99998486021287449253084196 %)
- Concentration index
- 9,999.98 (shortened; full value 9999.9883664910751401447958124827772987734540536751821414)
Herfindahl–Hirschman, over the holder distribution
- Volume excluded as not genuine
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used
- Volume to supply, 30 day
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used
- Last genuine trade
- not computed
the newest trade reading is anchored more than 48h0m0s ago, so it was not used