VAQM 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
- 6.89 USDC (shortened; full value 6.898810284021839450085766547591336758305372726172 USDC)Limited by liquidation depth
- Depth within 5%
- buy801.91 USDC (shortened; full value 801.9111069806249581370137040224 USDC)sell4.25 USDC (shortened; full value 4.25567650149933352733224633970616570582767236772 USDC)
- Cost to move +50%
- 787.72 USDC (shortened; full value 787.7233777068 USDC)Reachable through the order book
- Checks
- 6 triggered3 not evaluated
History
Collateral ceiling
The most this asset could back at each reading: the lower of the liquidation and manipulation limits.
Lower at the end of the window than at its start
- Lowest
- 6.89 USDC (shortened; full value 6.8912121694889276473429797363637543900005293684005 USDC)
- Highest
- 10.45 USDC (shortened; full value 10.452011061617779372908250152377788088061252154545 USDC)
- Max safe collateral
- 6.89 USDC (shortened; full value 6.8912121694889276473429797363637543900005293684005 USDC)
168 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
Nothing tradable within 2%now
ZERO_DEPTH_2PCT26 of 168
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.
6.89 USDC (shortened; full value 6.898810284021839450085766547591336758305372726172 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 6.89 USDC (shortened; full value 6.898810284021839450085766547591336758305372726172 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation term
- 196.93 USDC (shortened; full value 196.9308444267 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.