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keel
Ledger
64,752,667
Methodology
1.0.8-draft
Age
5s

ETH against USDC — what depth stands behind this price?

All assets

ETH / USDC

GBFX…SOCC

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
53.14 USDC (shortened; full value 53.143296551458975057524090980463185657669774536692 USDC)Limited by liquidation depth
Depth within 5%
buy0 USDCsell75.81 USDC (shortened; full value 75.815526717994450735288844111033362346231757950868 USDC)
Cost to move +50%
9,188.99 USDC (shortened; full value 9188.9986771 USDC)Reachable through the order book
Checks
6 triggered3 not evaluated

History

Window
Resolution
Source

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Higher at the end of the window than at its start

Lowest
2,205 USDC
Highest
2,797.42781922 USDC (shortened; full value 2797.4278192221076866 USDC)
2026-09-11T17:47:56Z — 2026-10-02T10:38:37Z
Mid price
2,754.88003976 USDC (shortened; full value 2754.8800397601066193 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Extreme spreadnowSPREAD_EXTREME490 of 498
Nothing tradable within 2%nowZERO_DEPTH_2PCT411 of 498
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME145 of 498
Supply is concentratednowHOLDER_CONCENTRATION_HIGH145 of 498
Cheap to move the pricenowMANIPULATION_CHEAP83 of 498
Price sources disagreePRICE_SOURCE_CONFLICT84 of 498
No genuine trade in 7 daysNO_GENUINE_TRADE_7D28 of 498

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%3,712.5 USDC9,407.60 USDC (shortened; full value 9407.604084008356124859666830936 USDC)9,188.99 USDC (shortened; full value 9188.9986771 USDC)
+100%4,950 USDC27,963.11 USDC (shortened; full value 27963.1111390464901669414617184937 USDC)27,521.08 USDC (shortened; full value 27521.0837071 USDC)
+1,000%27,225 USDC32,012.51 USDC (shortened; full value 32012.5167676144016629885884811868 USDC)29,327.16 USDC (shortened; full value 29327.1605471 USDC)
+10,000%249,975 USDC40,195.40 USDC (shortened; full value 40195.4005021599112177222474051116 USDC)29,570.17 USDC (shortened; full value 29570.1755471 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