USDT against USDC — what depth stands behind this price?
How has this moved over time?
Price
- Mid price
- 0.15482185 USDC
Unchanged across the window
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.
- 2% from mid
- 0 USDC
- 5% from mid
- 6.36 USDC (shortened; full value 6.36338575222504429380767981 USDC)
- 10% from mid
- 18.66 USDC (shortened; full value 18.6667707602950119071237021196 USDC)
Lower than at the start of the window
Cost to move the price by half
One manipulation rung, at the delta the engine treats as critical. A reading it could not produce breaks the line rather than sitting at zero.
- Manipulation cost, 0.5%
- 39.44 USDC (shortened; full value 39.44761972014738 USDC)
Unchanged across the window
Collateral ceiling
- Max safe collateral
- 9.86 USDC (shortened; full value 9.861904930036845 USDC)
Unchanged across the window
2026-09-17T16:46:03Z — 2026-09-18T16:31:03Z
Which checks were firing
Whether a finding has been there all along or started recently. Only checks that fired at least once appear.
MANIPULATION_CHEAPSPREAD_EXTREMETHIN_DEPTH_5PCTZERO_DEPTH_2PCT25 readings from horizon, with no gaps reported. One source per chart.
How much can this asset safely back?
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
- 16.13 USDC (shortened; full value 16.13083238835570913525767867745591925590674550434 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?
- SDEX
- AMM
- Sell side, composition not reported
2% from mid
5% from mid
10% from mid
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?
| Move | Target price | Cost, all venues | Cost, order book only |
|---|---|---|---|
| 0.5% | 0.232232 USDC (shortened; full value 0.232232775 USDC) | 147.84 USDC (shortened; full value 147.8443078794372046547038165555 USDC) | 39.44 USDC (shortened; full value 39.44761972014738 USDC) |
| 1% | 0.309643 USDC (shortened; full value 0.3096437 USDC) | 298.60 USDC (shortened; full value 298.6011904967350374137951441132 USDC) | 93.53 USDC (shortened; full value 93.533332793795 USDC) |
| 10% | 1.703040 USDC (shortened; full value 1.70304035 USDC) | 13,895.16 USDC (shortened; full value 13895.1678147352643177208784317272 USDC) | 12,719.44 USDC (shortened; full value 12719.44714147045164 USDC) |
| 100% | 15.637006 USDC (shortened; full value 15.63700685 USDC) | 17,330.62 USDC (shortened; full value 17330.6231887547622583053300046488 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?
- 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