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keel
Ledger
64,753,566
Methodology
1.0.8-draft
Age
9s

EMN against USDC — what depth stands behind this price?

All assets

EMN / USDC

GAKI…V74I

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
3.42 USDC (shortened; full value 3.4200802 USDC)Limited by manipulation cost
Depth within 5%
buy6.23 USDC (shortened; full value 6.237501712234994677100351996 USDC)sell6.35 USDC (shortened; full value 6.357172822651101016446641048685500563161133210062 USDC)
Cost to move +50%
13.68 USDC (shortened; full value 13.6803208 USDC)Reachable through the order book
Checks
5 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.

Unchanged across the window

Lowest
2.51 USDC (shortened; full value 2.5133034959318181079613409158 USDC)
Highest
12.32 USDC (shortened; full value 12.3281769485722506015619603334 USDC)
2026-10-02T23:53:37Z — 2026-10-03T18:38:37ZOne scale across every line on this chart
2% from mid
2.51 USDC (shortened; full value 2.5133034959318181079613409158 USDC)
5% from mid
6.23 USDC (shortened; full value 6.237501712234994677100351996 USDC)
10% from mid
12.32 USDC (shortened; full value 12.3281769485722506015619603334 USDC)
2 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

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
13.68 USDC (shortened; full value 13.6803208 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
13.68 USDC (shortened; full value 13.6803208 USDC)

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