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 2.986429670183966491881855461469873903923322853092 USDC)Limited by liquidation depth
- Depth within 5%
- buy2.89 USDC (shortened; full value 2.8916359212382548788045900564 USDC)sell2.94 USDC (shortened; full value 2.947114107470237350324342530410117348697348412726 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.
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