eBTC 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
- 0 USDCLimited by manipulation cost
- Depth within 5%
- buy0.0021 USDC (shortened; full value 0.0021474065803042468838245907 USDC)sell0.0021 USDC (shortened; full value 0.00218860617299947389373387184338397396945315384 USDC)
- Cost to move +50%
- 0 USDCReachable at no cost: nothing stands in the way
- Checks
- 5 triggered5 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.
Lower at the end of the window than at its start
- Lowest
- 0.00091 USDC (shortened; full value 0.0009144523796345247179481999 USDC)
- Highest
- 0.01 USDC (shortened; full value 0.0167001114030636607376116987 USDC)
- 2% from mid
- 0.00097 USDC (shortened; full value 0.0009796016661085604507636637 USDC)
- 5% from mid
- 0.0024 USDC (shortened; full value 0.0024311696058796080671602841 USDC)
- 10% from mid
- 0.0048 USDC (shortened; full value 0.0048051111608488953566845974 USDC)
501 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
Supply is concentratednow
HOLDER_CONCENTRATION_HIGH429 of 501
One holder owns most of itnow
HOLDER_CONCENTRATION_EXTREME405 of 501
Not evaluated5
- Price sources disagree
- Extreme spread
- 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.
0 USDC
Limited by manipulation cost
- Liquidation term
- 0.0022 USDC (shortened; full value 0.00221780296691800883150872802440681763461848528 USDC)
Sell-side depth at the liquidation delta, times the haircut.
- Manipulation termbinds
- 0 USDC
Order-book-only manipulation cost at the critical delta, times the safety margin.