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keel
Ledger
65,275,515
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 0.0021474065803042468838245907 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

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 — 2026-10-24T19:38:33ZOne scale across every line on this chart
2% from mid
0.00099 USDC (shortened; full value 0.0009925562709223996868183954 USDC)
5% from mid
0.0024 USDC (shortened; full value 0.0024633202672853812568715086 USDC)
10% from mid
0.0048 USDC (shortened; full value 0.0048686556793291929574818959 USDC)
22 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_HIGH19 of 22
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME18 of 22

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