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keel
Ledger
64,752,127
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 25.3273407548115614146638975 USDC)Limited by manipulation cost
Depth within 5%
buy8.92 USDC (shortened; full value 8.9291892382736292610626761739 USDC)sell134.01 USDC (shortened; full value 134.016458887738900181525870032851771485783829494584 USDC)
Cost to move +50%
101.30 USDC (shortened; full value 101.30936301924624565865559 USDC)Reachable through the order book
Checks
3 triggered3 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.

Higher at the end of the window than at its start

Lowest
0.69 USDC (shortened; full value 0.6980689039055874791286347028 USDC)
Highest
16.41 USDC (shortened; full value 16.4155406854388318741847767841 USDC)
2026-09-26T23:50:56Z — 2026-10-03T16:38:37ZOne scale across every line on this chart
2% from mid
3.76 USDC (shortened; full value 3.7695469877063489056460449474 USDC)
5% from mid
8.92 USDC (shortened; full value 8.9291892382736292610626761739 USDC)
10% from mid
16.15 USDC (shortened; full value 16.1505039588518266915476943581 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)151.10 USDC (shortened; full value 151.1075702658812135525502528091 USDC)101.30 USDC (shortened; full value 101.30936301924624565865559 USDC)
+100%1.256131 USDC (shortened; full value 1.2561310493506494 USDC)280.68 USDC (shortened; full value 280.6838657077558020094216652683 USDC)190.28 USDC (shortened; full value 190.28408356820676645865559 USDC)
+1,000%6.908720 USDC (shortened; full value 6.9087207714285717 USDC)688.35 USDC (shortened; full value 688.3548721939073038914454111571 USDC)190.28 USDC (shortened; full value 190.28408356820676645865559 USDC)
+10,000%63.434617 USDC (shortened; full value 63.4346179922077947 USDC)2,131.23 USDC (shortened; full value 2131.2348882108308982823859680108 USDC)190.28 USDC (shortened; full value 190.28408356820676645865559 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