Skip to content
keel
Ledger
64,751,044
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 43.0673697151849031132558702994 USDC)sell43.89 USDC (shortened; full value 43.89364924091355199990508510308703287705264483449 USDC)
Cost to move +50%
55.41 USDC (shortened; full value 55.4130605 USDC)Reachable through the order book
Checks
7 triggered3 not evaluated

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Unchanged across the window

Lowest
55.41 USDC (shortened; full value 55.4130605 USDC)
Highest
55.41 USDC (shortened; full value 55.4130605 USDC)
2026-09-26T15:50:41Z — 2026-10-03T15:08:27Z
Cost to move +50%
55.41 USDC (shortened; full value 55.4130605 USDC)
169 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_30D81 of 169
No genuine trade in 7 daysNO_GENUINE_TRADE_7D81 of 169

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.

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

Price used
0.00199490 USDC (shortened; full value 0.0019949084842836 USDC)

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

AMM pool spot price
0.00199490 USDC (shortened; full value 0.0019949084842836 USDC)

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

Book against pool
28.9858 % (shortened; full value 28.9858819175158733187243783 %)

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

Spread
138.6863 % (shortened; full value 138.68639531403112639674390826 %)

Best ask minus best bid, over the mid