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keel
Ledger
64,751,945
Methodology
1.0.8-draft
Age
8s

BEER against USDC — what depth stands behind this price?

All assets

BEER / USDC

GBL2…SHNN

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%
buy6.34 USDC (shortened; full value 6.3476405376761843206828714408 USDC)sell6.46 USDC (shortened; full value 6.469424743390464151207030534741610835595015774173 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 triggered5 not evaluated

History

Window
Resolution
Source

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
2.35 USDC (shortened; full value 2.3557542530491164615315196841 USDC)
Highest
12.88 USDC (shortened; full value 12.8881364249353135031515181973 USDC)
2026-09-11T23:47:54Z — 2026-10-02T10:38:32ZOne scale across every line on this chart
2% from mid
2.60 USDC (shortened; full value 2.6019065814269434977334548392 USDC)
5% from mid
6.45 USDC (shortened; full value 6.4573963243977197595193721507 USDC)
10% from mid
12.76 USDC (shortened; full value 12.7627900058259671284740709149 USDC)
22 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_LOW7 of 22
No genuine trade in 30 daysNO_GENUINE_TRADE_30D9 of 22
No genuine trade in 7 daysNO_GENUINE_TRADE_7D9 of 22

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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
2.55 USDC (shortened; full value 2.5576822084019394209961642803 USDC)
Sell side
2.56 USDC (shortened; full value 2.5679124087096527392637426871350049025660493955 USDC)

5% from mid

Buy side
6.34 USDC (shortened; full value 6.3476405376761843206828714408 USDC)
Sell side
6.46 USDC (shortened; full value 6.469424743390464151207030534741610835595015774173 USDC)

10% from mid

Buy side
12.54 USDC (shortened; full value 12.54586200768550448064137833 USDC)
Sell side
13.11 USDC (shortened; full value 13.111458394984247675414920214299603322781646131132 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.