USDZ 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
- 1,039.86 USDC (shortened; full value 1039.8632738225335481645223275 USDC)Limited by manipulation cost
- Depth within 5%
- buy4,616.93 USDC (shortened; full value 4616.9363092271799306447532645886 USDC)sell3,881.21 USDC (shortened; full value 3881.214660412402319536655949454402903581126027030368 USDC)
- Cost to move +50%
- 4,159.45 USDC (shortened; full value 4159.45309529013419265808931 USDC)Reachable through the order book
- Checks
- 2 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
- 3,644.66 USDC (shortened; full value 3644.6650863211954166215168217746 USDC)
- Highest
- 5,087.87 USDC (shortened; full value 5087.8759428385527777720413518973 USDC)
- 2% from mid
- 4,383.68 USDC (shortened; full value 4383.6819171111063454498602940625 USDC)
- 5% from mid
- 4,650.88 USDC (shortened; full value 4650.8843570814331385427500803473 USDC)
- 10% from mid
- 5,087.87 USDC (shortened; full value 5087.8759428385527777720413518973 USDC)
Checks
MANIPULATION_CHEAPTHIN_DEPTH_5PCTNot 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.
An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.
- Cost of a 50% move, order book only
- 4,159.45 USDC (shortened; full value 4159.45309529013419265808931 USDC)
The target is reachable through the order book
- Genuine volume in the oracle window
- 114.14 USDC (shortened; full value 114.144133 USDC)
Over the last 900 seconds (15 minutes), after the genuine-trade filter
- Cost against genuine volume
- 36.4403 (shortened; full value 36.4403582205152339512543260546)
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
- Total attack cost
- 4,273.59 USDC (shortened; full value 4273.59722829013419265808931 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh