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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.

Lower at the end of the window than at its start

Lowest
62,936.61 USDC (shortened; full value 62936.6118814217552854785587554891 USDC)
Highest
289,465.29 USDC (shortened; full value 289465.294481995654356816424321504 USDC)
2026-10-02T23:53:37Z — 2026-10-03T18:23:37ZOne scale across every line on this chart
2% from mid
62,936.61 USDC (shortened; full value 62936.6118814217552854785587554891 USDC)
5% from mid
104,586.10 USDC (shortened; full value 104586.1047952245627043623279860116 USDC)
10% from mid
105,339.94 USDC (shortened; full value 105339.9417592377360852359244108329 USDC)
2 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_5PCT1 of 2

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.

Concentration and wash trading bound how much of the depth is real.

Largest holder
28.9989 % (shortened; full value 28.99894572535925451170126249 %)
Top ten holders
72.6714 % (shortened; full value 72.67141270929772972718267112 %)
Concentration index
1,475.06 (shortened; full value 1475.0638590608101288871222101658253514133012109249827292)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Volume to supply, 30 day
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Last genuine trade
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used