XAU 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
- 12.60 USDC (shortened; full value 12.601617150002128430125 USDC)Limited by manipulation cost
- Depth within 5%
- buy13.50 USDC (shortened; full value 13.5026719213659956305404721342 USDC)sell101.13 USDC (shortened; full value 101.139620726804105804946237544710841884172267872684 USDC)
- Cost to move +50%
- 50.40 USDC (shortened; full value 50.4064686000085137205 USDC)Reachable through the order book
- Checks
- 4 triggered3 not evaluated
History
Every stored reading from this source, whenever it was taken
A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.
This source is a lower bound, not a measurement
Trades-implied rebuilds the book from trades that happened, so every figure below is a floor: the real value is at least this, and may be more. It is not comparable with a direct reading.
No readings were stored in this range from this source
The engine holds no stored reading for Trades implied on this asset. A reconstruction exists only where keel replay has been run, and it has been run on one pair.
Checks
Triggered4
- Cheap to move the price
- Price sources disagree
- Extreme spread
- Thin depth at 5%
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.
12.60 USDC (shortened; full value 12.601617150002128430125 USDC)
Limited by manipulation cost
- Liquidation term
- 102.63 USDC (shortened; full value 102.634262166857230967593912011080019899955518285128 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 12.60 USDC (shortened; full value 12.601617150002128430125 USDC)
Order-book-only manipulation cost at the critical delta, times the safety margin.