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keel
Ledger
64,750,147
Methodology
1.0.8-draft
Age
7s

EURC against USDC — what depth stands behind this price?

All assets

EURC / USDC

GDHU…NPP2

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
14,236.38 USDC (shortened; full value 14236.386526105226761388373855222355764878019043356777 USDC)Limited by liquidation depth
Depth within 5%
buy105,299.05 USDC (shortened; full value 105299.0596405784868555983968007179 USDC)sell26,035.78 USDC (shortened; full value 26035.78170776381872074740524770284628079531084057805 USDC)
Cost to move +50%
106,206.64 USDC (shortened; full value 106206.646779496430340688849 USDC)Reachable through the order book
Checks
1 triggered3 not evaluated

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.

Lower at the end of the window than at its start

Lowest
25,734.92 USDC (shortened; full value 25734.9239762461685256211515809608 USDC)
Highest
310,182.81 USDC (shortened; full value 310182.8182521137007454226560194727 USDC)
2026-09-26T14:50:56Z — 2026-10-03T13:53:37ZOne scale across every line on this chart
2% from mid
68,518.72 USDC (shortened; full value 68518.7216164393305746082110884974 USDC)
5% from mid
105,785.10 USDC (shortened; full value 105785.1069968072343141486883927947 USDC)
10% from mid
106,538.95 USDC (shortened; full value 106538.9504367498616522545242203212 USDC)
168 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_5PCT108 of 168

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%1.664400 USDC (shortened; full value 1.664400143693581725 USDC)106,739.30 USDC (shortened; full value 106739.3030339594055411149473672133 USDC)106,206.64 USDC (shortened; full value 106206.646779496430340688849 USDC)
+100%2.219200 USDC (shortened; full value 2.2192001915914423 USDC)107,384.84 USDC (shortened; full value 107384.8462268365010370342061871068 USDC)106,399.14 USDC (shortened; full value 106399.146779496430340688849 USDC)
+1,000%12.205601 USDC (shortened; full value 12.20560105375293265 USDC)113,222.24 USDC (shortened; full value 113222.2479605507366819855029839642 USDC)107,687.64 USDC (shortened; full value 107687.646779496430340688849 USDC)
+10,000%112.069609 USDC (shortened; full value 112.06960967536783615 USDC)133,228.15 USDC (shortened; full value 133228.1553708350865000386994682083 USDC)111,593.51 USDC (shortened; full value 111593.514447013423940688849 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