Skip to content
Keel
Ledger
64,491,036
Methodology
1.0.8-draft
Age
9s

USDT against USDC — what depth stands behind this price?

How has this moved over time?

No readings were stored in this range from this source

The engine accepted the request and returned nothing for Hubble. The series is as old as the deployment, and the reconstruction sources are not populated in production, so a window can reach back further than anything that was recorded. It is not empty because the figures were zero.

How much can this asset safely back?

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

Risk band

Critical

partial confidence

A band marked partial is a floor. At least one high-severity check could not be evaluated, so the real band can only be worse than the one shown, never better.

9.86 USDC (shortened; full value 9.861904930036845 USDC)

Limited by manipulation cost

Liquidation term
15.06 USDC (shortened; full value 15.060575127813130366646386127799776900178352963756 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
9.86 USDC (shortened; full value 9.861904930036845 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.

What volume can it absorb before the price moves?

Three rungs at 2, 5 and 10 per cent, in each direction. The buy side matters for oracle manipulation and the sell side for liquidation.
  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
0.95 USDC (shortened; full value 0.9568732597191031510624392444 USDC)
Sell side
9.19 USDC (shortened; full value 9.192573104391233917636067684527798963468898049968 USDC)

5% from mid

Buy side
8.47 USDC (shortened; full value 8.4798105521098414914613360038 USDC)
Sell side
16.93 USDC (shortened; full value 16.936941271339720192495218969939195901759080548104 USDC)

10% from mid

Buy side
20.78 USDC (shortened; full value 20.7830675781994155493073420167 USDC)
Sell side
30.12 USDC (shortened; full value 30.121150255626260733292772255599553800356705927512 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.

What would it cost to move the price?

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.
Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
0.5%0.232232 USDC (shortened; full value 0.232232775 USDC)149.99 USDC (shortened; full value 149.9962433492345391804415493077 USDC)39.44 USDC (shortened; full value 39.44761972014738 USDC)
1%0.309643 USDC (shortened; full value 0.3096437 USDC)300.75 USDC (shortened; full value 300.7521100888105324583349307574 USDC)93.53 USDC (shortened; full value 93.533332793795 USDC)
10%1.703040 USDC (shortened; full value 1.70304035 USDC)13,897.30 USDC (shortened; full value 13897.3085341345044004172384898073 USDC)12,719.44 USDC (shortened; full value 12719.44714147045164 USDC)
100%15.637006 USDC (shortened; full value 15.63700685 USDC)17,332.72 USDC (shortened; full value 17332.7278063607240019058468786052 USDC)12,719.44 USDC (shortened; full value 12719.44714147045164 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Who holds it, and is it genuinely traded?

Concentration and wash trading bound how much of the depth above is real.
Largest holder
not computed
Top ten holders
not computed
Concentration index
not computed

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

Of 30 day volume. A high share indicates suspected wash trading

Volume to supply, 30 day
not computed
Last genuine trade
not computed

No genuine trade was found in the window