Skip to content
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
0.00087 USDC (shortened; full value 0.0008712640426461375637265971 USDC)
Highest
0.0042 USDC (shortened; full value 0.0042851720907627253266169633 USDC)
2026-11-01T23:53:34Z — 2026-11-02T22:53:34ZOne scale across every line on this chart
2% from mid
0.00087 USDC (shortened; full value 0.0008712640426461375637265971 USDC)
5% from mid
0.0021 USDC (shortened; full value 0.0021622979344160734182270469 USDC)
10% from mid
0.0042 USDC (shortened; full value 0.0042736968710926315225900859 USDC)
24 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
0.00011408 USDC (shortened; full value 0.0001140806650694 USDC)

AMM pool spot price, because the book and the pool disagree or the book is one-sided

AMM pool spot price
0.00011408 USDC (shortened; full value 0.0001140806650694 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
not computed

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
not computed

Best ask minus best bid, over the mid