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keel
Ledger
65,274,984
Methodology
1.0.8-draft
Age
7s

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
2.99 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

Window
Resolution
Source

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.

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 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 1.167530019178213579662470104 USDC)
Sell side
1.17 USDC (shortened; full value 1.1721998979935822200787344505658273078592726645 USDC)

5% from mid

Buy side
2.89 USDC (shortened; full value 2.8975690781068428188610992238 USDC)
Sell side
2.95 USDC (shortened; full value 2.953161096367014418224384601007257231164238854187 USDC)

10% from mid

Buy side
5.72 USDC (shortened; full value 5.7269313843302923292440372147 USDC)
Sell side
5.98 USDC (shortened; full value 5.985114656177275409519533372076536333920379443108 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.