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%
- buy10.64 USDC (shortened; full value 10.6462514988786427588982617275 USDC)sell10.85 USDC (shortened; full value 10.850507753612949201455296934527546092790863479629 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
- 4.28 USDC (shortened; full value 4.2897400826706154288891218316 USDC)
- Highest
- 21.44 USDC (shortened; full value 21.4447305077157902930799780684 USDC)
- 2% from mid
- 4.28 USDC (shortened; full value 4.2897400826706154288891218316 USDC)
- 5% from mid
- 10.64 USDC (shortened; full value 10.6462514988786427588982617275 USDC)
- 10% from mid
- 21.04 USDC (shortened; full value 21.0418976013635315218617775697 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.
Cheap to move the pricenow
MANIPULATION_CHEAPthroughout
Cheap next to real tradingnow
MANIPULATION_RATIO_LOWthroughout
Price sources disagreenow
PRICE_SOURCE_CONFLICTthroughout
Extreme spreadnow
SPREAD_EXTREMEthroughout
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Supply is concentratednow
HOLDER_CONCENTRATION_HIGHthroughout
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
- 84.7809 % (shortened; full value 84.78091957597723138943896674 %)
- Top ten holders
- 94.0101 % (shortened; full value 94.0101853689944819049446977 %)
- Concentration index
- 7,202.21 (shortened; full value 7202.2132930662964453481571848942221854903571540915643068)
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