VELO 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
- 68.75 USDC (shortened; full value 68.7561885506092140949071925 USDC)Limited by manipulation cost
- Depth within 5%
- buy187.21 USDC (shortened; full value 187.2143690647001477825708551913 USDC)sell123.32 USDC (shortened; full value 123.329156878327458212248360576860335519717177163526 USDC)
- Cost to move +50%
- 275.02 USDC (shortened; full value 275.02475420243685637962877 USDC)Reachable through the order book
- Checks
- 3 triggered3 not evaluated
History
Cost to move the price 50%
The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.
Higher at the end of the window than at its start
- Lowest
- 93.45 USDC (shortened; full value 93.45453790218017214320994 USDC)
- Highest
- 799.60 USDC (shortened; full value 799.60439620403403069027387 USDC)
- Cost to move +50%
- 275.48 USDC (shortened; full value 275.48036870248485399402741 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
Thin depth at 5%now
THIN_DEPTH_5PCTthroughout
Nothing tradable within 2%
ZERO_DEPTH_2PCT57 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.
68.75 USDC (shortened; full value 68.7561885506092140949071925 USDC)
Limited by manipulation cost
- Liquidation term
- 144.86 USDC (shortened; full value 144.861385110502296210081182492558916206325072864989 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 68.75 USDC (shortened; full value 68.7561885506092140949071925 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.