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keel
Ledger
64,751,045
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%
buy6.35 USDC (shortened; full value 6.3528049791659879538323167553 USDC)sell6.47 USDC (shortened; full value 6.474688268532068876988120850479561859363182148963 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 triggered5 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
2.35 USDC (shortened; full value 2.3548704455955843199987071187 USDC)
Highest
13.01 USDC (shortened; full value 13.0188555624555982296362849913 USDC)
2026-09-11T17:47:50Z — 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)
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_LOW146 of 498
No genuine trade in 30 daysNO_GENUINE_TRADE_30D197 of 498
No genuine trade in 7 daysNO_GENUINE_TRADE_7D197 of 498

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.

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

Price used
0.00000300 USDC (shortened; full value 0.0000030054164819 USDC)

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

AMM pool spot price
0.00000300 USDC (shortened; full value 0.0000030054164819 USDC)

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

Book against pool
not computed

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

Spread
not computed

Best ask minus best bid, over the mid