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
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
- 3.34 USDC (shortened; full value 3.3414637528419578871551525303 USDC)
- Highest
- 810.47 USDC (shortened; full value 810.4751016456876405461193917334 USDC)
- 2% from mid
- 6.92 USDC (shortened; full value 6.9271760531973963908168090322 USDC)
- 5% from mid
- 800.09 USDC (shortened; full value 800.0934193366314346856630241853 USDC)
- 10% from mid
- 808.99 USDC (shortened; full value 808.994859232390927184939278391 USDC)
500 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_2PCT31 of 500
Price sources disagree
PRICE_SOURCE_CONFLICT358 of 500
Extreme spread
SPREAD_EXTREME358 of 500
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 engine answers only for ledgers a replay has stored, and says so when it has not. A stored past reading is rebuilt from the operation stream, so it carries its own gaps.