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keel
Ledger
64,751,764
Methodology
1.0.8-draft
Age
9s

AMM against USDC — what depth stands behind this price?

All assets

AMM / USDC

GARQ…BDOQ

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
13.85 USDC (shortened; full value 13.853265125 USDC)Limited by manipulation cost
Depth within 5%
buy43.06 USDC (shortened; full value 43.0681065474116369492462960259 USDC)sell43.89 USDC (shortened; full value 43.894400209814683960428622833771671539072243219473 USDC)
Cost to move +50%
55.41 USDC (shortened; full value 55.4130605 USDC)Reachable through the order book
Checks
7 triggered3 not evaluated

History

Window
Resolution
Source

Collateral ceiling

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

Unchanged across the window

Lowest
13.85 USDC (shortened; full value 13.853265125 USDC)
Highest
13.85 USDC (shortened; full value 13.853265125 USDC)
2026-09-26T23:50:41Z — 2026-10-03T16:08:22Z
Max safe collateral
13.85 USDC (shortened; full value 13.853265125 USDC)
8 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
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
No genuine trade in 30 daysNO_GENUINE_TRADE_30D4 of 8
No genuine trade in 7 daysNO_GENUINE_TRADE_7D4 of 8

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%0.002992 USDC (shortened; full value 0.00299246496533145 USDC)447.36 USDC (shortened; full value 447.3671420945815077727078716572 USDC)55.41 USDC (shortened; full value 55.4130605 USDC)
+100%0.003989 USDC (shortened; full value 0.0039899532871086 USDC)777.79 USDC (shortened; full value 777.7997179516295375718960008818 USDC)55.41 USDC (shortened; full value 55.4130605 USDC)
+1,000%0.021944 USDC (shortened; full value 0.0219447430790973 USDC)4,095.59 USDC (shortened; full value 4095.5966539262500722733253603978 USDC)55.41 USDC (shortened; full value 55.4130605 USDC)
+10,000%0.201492 USDC (shortened; full value 0.2014926409989843 USDC)15,858.30 USDC (shortened; full value 15858.3051449472445968560542781541 USDC)75.36 USDC (shortened; full value 75.3612866146402 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