USDM against USDC — what depth stands behind this price?
Risk band
Medium
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 7.20 USDC (shortened; full value 7.2082459844643788414452054099954860321513077516605 USDC)Limited by liquidation depth
- Depth within 5%
- buy471,095.12 USDC (shortened; full value 471095.1204782048278203837354612986 USDC)sell6.18 USDC (shortened; full value 6.18620798233023392575584547959378112551551121589 USDC)
- Cost to move +50%
- 471,085.41 USDC (shortened; full value 471085.41365044629694821810576 USDC)Reachable through the order book
- Checks
- 1 triggered3 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.
Higher at the end of the window than at its start
- Lowest
- 1.67 USDC (shortened; full value 1.6754542048738572799384603161 USDC)
- Highest
- 471,111.34 USDC (shortened; full value 471111.3495399156537436606138020082 USDC)
- 2% from mid
- 5.01 USDC (shortened; full value 5.0108919943998260550678508584 USDC)
- 5% from mid
- 471,095.12 USDC (shortened; full value 471095.1204782048278203837354612986 USDC)
- 10% from mid
- 471,102.80 USDC (shortened; full value 471102.8008251566635822144511850826 USDC)
8 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.
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Not evaluated3
- 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
- 20.1548 % (shortened; full value 20.15483048144794319673454815 %)
- Top ten holders
- 67.9543 % (shortened; full value 67.95436357323396892727426104 %)
- Concentration index
- 743.29 (shortened; full value 743.2948041318210578849962294416699071565773058076442325)
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