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keel
Ledger
64,753,387
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
13,315.34 USDC (shortened; full value 13315.342787568426473501103087198415378712763072069137 USDC)Limited by liquidation depth
Depth within 5%
buy103,852.42 USDC (shortened; full value 103852.4248667390044127391126447909 USDC)sell25,257.09 USDC (shortened; full value 25257.094700164047984046011514684100586211688627788546 USDC)
Cost to move +50%
104,749.07 USDC (shortened; full value 104749.07759227508501062663735 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.

Higher at the end of the window than at its start

Lowest
23,799.11 USDC (shortened; full value 23799.1166574615913506283621780769 USDC)
Highest
300,930.26 USDC (shortened; full value 300930.2680267165215344079750857894 USDC)
2026-09-11T23:48:00Z — 2026-10-02T10:38:37ZOne scale across every line on this chart
2% from mid
250,687.37 USDC (shortened; full value 250687.3770445018319706023045825155 USDC)
5% from mid
292,343.66 USDC (shortened; full value 292343.6618971185963655087340389531 USDC)
10% from mid
292,719.42 USDC (shortened; full value 292719.4252758212686641144752903613 USDC)
22 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_5PCT15 of 22

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%1.671269 USDC (shortened; full value 1.671269978221357275 USDC)105,290.19 USDC (shortened; full value 105290.1982921005332993920832956306 USDC)104,749.07 USDC (shortened; full value 104749.07759227508501062663735 USDC)
+100%2.228359 USDC (shortened; full value 2.2283599709618097 USDC)105,936.67 USDC (shortened; full value 105936.6797617772865555141993926494 USDC)104,941.57 USDC (shortened; full value 104941.57759227508501062663735 USDC)
+1,000%12.255979 USDC (shortened; full value 12.25597984028995335 USDC)111,783.50 USDC (shortened; full value 111783.5025154467318921699957906551 USDC)106,230.07 USDC (shortened; full value 106230.07759227508501062663735 USDC)
+10,000%112.532178 USDC (shortened; full value 112.53217853357138985 USDC)131,822.75 USDC (shortened; full value 131822.7539732782316735358685092613 USDC)110,135.94 USDC (shortened; full value 110135.94525979207861062663735 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