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keel
Ledger
64,751,764
Methodology
1.0.8-draft
Age
6s

AFR against USDC — what depth stands behind this price?

All assets

AFR / USDC

GBX6…N54W

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
26.85 USDC (shortened; full value 26.856120755708190558939172837604220631707418787234 USDC)Limited by liquidation depth
Depth within 5%
buy54.67 USDC (shortened; full value 54.6745249002558660557941789338 USDC)sell23.81 USDC (shortened; full value 23.818866567460307183126535720432084783303161476798 USDC)
Cost to move +50%
615.21 USDC (shortened; full value 615.21492050003293712022968 USDC)Reachable through the order book
Checks
3 triggered3 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.

Higher at the end of the window than at its start

Lowest
11.34 USDC (shortened; full value 11.3416536422160290013802670735 USDC)
Highest
82.57 USDC (shortened; full value 82.5704628174338540039189085855 USDC)
2026-10-02T23:53:22Z — 2026-10-03T16:08:22ZOne scale across every line on this chart
2% from mid
37.61 USDC (shortened; full value 37.61730247384150783284445687 USDC)
5% from mid
54.67 USDC (shortened; full value 54.6745249002558660557941789338 USDC)
10% from mid
82.57 USDC (shortened; full value 82.5704628174338540039189085855 USDC)
2 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

Not 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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%0.000981 USDC (shortened; full value 0.000981654847194675 USDC)880.67 USDC (shortened; full value 880.672173172235397933615796538 USDC)615.21 USDC (shortened; full value 615.21492050003293712022968 USDC)
+100%0.001308 USDC (shortened; full value 0.0013088731295929 USDC)2,499.68 USDC (shortened; full value 2499.6826432433458237368063687254 USDC)2,015.03 USDC (shortened; full value 2015.03915400058985583527228 USDC)
+1,000%0.007198 USDC (shortened; full value 0.00719880221276095 USDC)22,203.43 USDC (shortened; full value 22203.432997304809245957959689845 USDC)19,517.99 USDC (shortened; full value 19517.99129010366655583527228 USDC)
+10,000%0.066098 USDC (shortened; full value 0.06609809304444145 USDC)105,811.67 USDC (shortened; full value 105811.6713894622165498411176324366 USDC)95,336.89 USDC (shortened; full value 95336.89044190554323583527228 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder