USDT against USDC — what depth stands behind this price?
Risk band
Critical
partial confidence
A floor: the real band can only be worse.
- Max safe collateral
- 0 USDCLimited by manipulation cost
- Depth within 5%
- buy10.65 USDC (shortened; full value 10.6565220772034865047724518547 USDC)sell10.86 USDC (shortened; full value 10.860975380623220761285466168004323134140905099528 USDC)
- Cost to move +50%
- 0 USDCReachable at no cost: nothing stands in the way
- Checks
- 7 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.
Lower at the end of the window than at its start
- Lowest
- 0 USDC
- Highest
- 21.64 USDC (shortened; full value 21.643441687645838127609711292 USDC)
- 2% from mid
- 4.30 USDC (shortened; full value 4.3095247034594971531729083031 USDC)
- 5% from mid
- 10.69 USDC (shortened; full value 10.6953528534290673565706373973 USDC)
- 10% from mid
- 21.13 USDC (shortened; full value 21.1389444985411065496840558586 USDC)
21 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.
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Supply is concentratednow
HOLDER_CONCENTRATION_HIGHthroughout
Price sources disagreenow
PRICE_SOURCE_CONFLICT18 of 21
Extreme spreadnow
SPREAD_EXTREME18 of 21
Nothing tradable within 2%
ZERO_DEPTH_2PCT3 of 21
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.
The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.
0 USDC
Limited by manipulation cost
- Liquidation term
- 17.71 USDC (shortened; full value 17.717223500526648610810731404248230347193882220976 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 0 USDC
Order-book-only manipulation cost at the critical delta, times the safety margin.