Skip to content
keel
Ledger
64,752,484
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
26.59 USDC (shortened; full value 26.595925983707962975099265609200323847801502887551 USDC)Limited by liquidation depth
Depth within 5%
buy55.20 USDC (shortened; full value 55.2074491385777023036217465395 USDC)sell23.30 USDC (shortened; full value 23.306281070070181638902373548379866938380350706034 USDC)
Cost to move +50%
615.21 USDC (shortened; full value 615.21492050003293712022968 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
55.65 USDC (shortened; full value 55.6525783500000625 USDC)
2026-09-11T17:47:50Z — 2026-10-02T10:38:22Z
Max safe collateral
24.84 USDC (shortened; full value 24.840597655288137919228398530840178908071621997984 USDC)
498 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOW148 of 498
Extreme spreadSPREAD_EXTREME264 of 498
Nothing tradable within 2%ZERO_DEPTH_2PCT193 of 498
Price sources disagreePRICE_SOURCE_CONFLICT140 of 498

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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
615.21 USDC (shortened; full value 615.21492050003293712022968 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
0 USDC

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
not computed

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
615.21 USDC (shortened; full value 615.21492050003293712022968 USDC)

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh