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keel
Ledger
64,753,027
Methodology
1.0.8-draft
Age
6s

EURC against USDC — what depth stands behind this price?

All assets

EURC / USDC

GAQR…Z7NM

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
25.32 USDC (shortened; full value 25.3273326669410114146638975 USDC)Limited by manipulation cost
Depth within 5%
buy8.93 USDC (shortened; full value 8.9370676722214873149531459021 USDC)sell134.00 USDC (shortened; full value 134.0086282471217569972119143933923705179448761622 USDC)
Cost to move +50%
101.30 USDC (shortened; full value 101.30933066776404565865559 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

Price

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

Unchanged across the window

Lowest
0.62806552 USDC (shortened; full value 0.6280655246753247 USDC)
Highest
0.62806572 USDC (shortened; full value 0.6280657246753247 USDC)
2026-09-26T23:50:56Z — 2026-10-03T17:53:37Z
Mid price
0.62806552 USDC (shortened; full value 0.6280655246753247 USDC)
8 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
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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%0.942098 USDC (shortened; full value 0.94209828701298705 USDC)151.11 USDC (shortened; full value 151.1154187370376410842952415578 USDC)101.30 USDC (shortened; full value 101.30933066776404565865559 USDC)
+100%1.256131 USDC (shortened; full value 1.2561310493506494 USDC)280.69 USDC (shortened; full value 280.6917164412595301966514783811 USDC)190.28 USDC (shortened; full value 190.28405121672456645865559 USDC)
+1,000%6.908720 USDC (shortened; full value 6.9087207714285717 USDC)688.36 USDC (shortened; full value 688.3627456431161127801493212241 USDC)190.28 USDC (shortened; full value 190.28405121672456645865559 USDC)
+10,000%63.434617 USDC (shortened; full value 63.4346179922077947 USDC)2,131.24 USDC (shortened; full value 2131.2428420582931743124934626741 USDC)190.28 USDC (shortened; full value 190.28405121672456645865559 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