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keel
Ledger
65,274,975
Methodology
1.0.8-draft
Age
6s

eBTC against USDC — what depth stands behind this price?

All assets

eBTC / USDC

GCEA…EBTC

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 0.0021622979344160734182270469 USDC)sell0.0022 USDC (shortened; full value 0.002203783228817588728384983818010743891369219588 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 triggered5 not evaluated

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)
2026-10-03T23:53:32Z — 2026-10-24T18:53:33ZOne scale across every line on this chart
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)
500 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 pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGH428 of 500
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME404 of 500

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 engine's own notes on the limits of this computation, verbatim and in the order served.

  1. maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning