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
- 6.33 USDC (shortened; full value 6.3313251752876855425240735047748500249980903596875 USDC)Limited by liquidation depth
- Depth within 5%
- buy803.05 USDC (shortened; full value 803.0530501609853829377637086153 USDC)sell3.12 USDC (shortened; full value 3.12066128303966662730013558355301303743591175865 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
Price
The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.
Unchanged across the window
- Lowest
- 0.29195 USDC
- Highest
- 0.29195 USDC
- Mid price
- 0.29195 USDC
25 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_2PCT13 of 25
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.
6.33 USDC (shortened; full value 6.3313251752876855425240735047748500249980903596875 USDC)
Limited by liquidation depth
- Liquidation termbinds
- 6.33 USDC (shortened; full value 6.3313251752876855425240735047748500249980903596875 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.