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
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
- 3.35 USDC (shortened; full value 3.3591087040703914881750529237 USDC)
- Highest
- 809.48 USDC (shortened; full value 809.4837876956005716915070233297 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)
21 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_2PCT1 of 21
Price sources disagree
PRICE_SOURCE_CONFLICT15 of 21
Extreme spread
SPREAD_EXTREME15 of 21
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.
Both price sources, not only the one that won, and the pair that set the band.
- Price used
- 0.29195 USDC
Order book mid
- AMM pool spot price
- 0.28221209 USDC (shortened; full value 0.2822120984211352 USDC)
The pool with the largest quote reserve, reported whichever source set the price
- Book against pool
- 3.4505 % (shortened; full value 3.45056134494038295227961077 %)
Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires
- Spread
- 4.4870 % (shortened; full value 4.48706970371638979277273506 %)
Best ask minus best bid, over the mid