Skip to content
keel
Ledger
64,752,487
Methodology
1.0.8-draft
Age
6s

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
13,556.56 USDC (shortened; full value 13556.561870310515873050041780680182504686530876983347 USDC)Limited by liquidation depth
Depth within 5%
buy103,743.84 USDC (shortened; full value 103743.8405711717868157943058549162 USDC)sell25,739.66 USDC (shortened; full value 25739.665271999753441040913007908959077758444814507474 USDC)
Cost to move +50%
104,646.76 USDC (shortened; full value 104646.7604683629542072136546 USDC)Reachable through the order book
Checks
1 triggered3 not evaluated

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Lower at the end of the window than at its start

Lowest
13,234.85 USDC (shortened; full value 13234.8573486935844785289796122017575517318992981582425 USDC)
Highest
59,516.50 USDC (shortened; full value 59516.504223096741900000745655279197296042469703805776 USDC)
2026-10-02T17:53:37Z — 2026-10-03T17:08:37Z
Max safe collateral
13,458.31 USDC (shortened; full value 13458.318200820258434383944020220602753710079372625928 USDC)
25 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_5PCT5 of 25

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%1.664134 USDC (shortened; full value 1.66413470417302935 USDC)105,184.04 USDC (shortened; full value 105184.0495840312315668012852537442 USDC)104,646.76 USDC (shortened; full value 104646.7604683629542072136546 USDC)
+100%2.218846 USDC (shortened; full value 2.2188462722307058 USDC)105,829.56 USDC (shortened; full value 105829.5602148534367657240862896429 USDC)104,839.26 USDC (shortened; full value 104839.2604683629542072136546 USDC)
+1,000%12.203654 USDC (shortened; full value 12.2036544972688819 USDC)111,666.63 USDC (shortened; full value 111666.6350005188492745110840833586 USDC)106,127.76 USDC (shortened; full value 106127.7604683629542072136546 USDC)
+10,000%112.051736 USDC (shortened; full value 112.0517367476506429 USDC)131,671.38 USDC (shortened; full value 131671.3852355358462160344378168996 USDC)110,033.62 USDC (shortened; full value 110033.6281358799478072136546 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