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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

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.

Higher at the end of the window than at its start

Lowest
6,231.14 USDC (shortened; full value 6231.1490574 USDC)
Highest
25,697.21 USDC (shortened; full value 25697.2130852 USDC)
2026-09-11T17:47:56Z — 2026-10-02T10:38:37Z
Cost to move +50%
18,759.91 USDC (shortened; full value 18759.9147855 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.

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

Price used
2,475 USDC

Order book mid

AMM pool spot price
2,673.67050983 USDC (shortened; full value 2673.6705098360644977 USDC)

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

Book against pool
7.4306 % (shortened; full value 7.430628011386711036974833 %)

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

Spread
38.3838 % (shortened; full value 38.38383838383838383838383838 %)

Best ask minus best bid, over the mid