XRF 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
- 6.14 USDC (shortened; full value 6.140268543233971775601954891958778427574069571106 USDC)Limited by liquidation depth
- Depth within 5%
- buy5.94 USDC (shortened; full value 5.9453672266023578850257065173 USDC)sell6.05 USDC (shortened; full value 6.059433519593256821673526129246285271641956811043 USDC)
- Cost to move +50%
- 53.19 USDC (shortened; full value 53.19911220567439648 USDC)Reachable through the order book
- Checks
- 7 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
- 2.29 USDC (shortened; full value 2.2903348371155808123993118287 USDC)
- Highest
- 11.84 USDC (shortened; full value 11.8410695589879558990118459839 USDC)
- 2% from mid
- 2.39 USDC (shortened; full value 2.3962903512773126056003633074 USDC)
- 5% from mid
- 5.94 USDC (shortened; full value 5.94709918372306227676386897 USDC)
- 10% from mid
- 11.75 USDC (shortened; full value 11.7542077662014640907907663175 USDC)
Checks
MANIPULATION_CHEAPMANIPULATION_RATIO_LOWPRICE_SOURCE_CONFLICTSPREAD_EXTREMEHOLDER_CONCENTRATION_EXTREMETHIN_DEPTH_5PCTHOLDER_CONCENTRATION_HIGHNot 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.
An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.
- Cost of a 50% move, order book only
- 53.19 USDC (shortened; full value 53.19911220567439648 USDC)
The target is reachable through the order book
- Genuine volume in the oracle window
- 0 USDC
Over the last 900 seconds (15 minutes), after the genuine-trade filter
- Cost against genuine volume
- not computed
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
- Total attack cost
- 53.19 USDC (shortened; full value 53.19911220567439648 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh