Skip to content
keel
Ledger
64,751,767
Methodology
1.0.8-draft
Age
8s

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
12,675.81 USDC (shortened; full value 12675.8149558820466423085616885087719487996858979423525 USDC)Limited by liquidation depth
Depth within 5%
buy105,411.17 USDC (shortened; full value 105411.1766640824512259136273490618 USDC)sell23,978.29 USDC (shortened; full value 23978.292989687407510438863198794003056601216346683285 USDC)
Cost to move +50%
106,318.42 USDC (shortened; full value 106318.42215431902198106209794 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.

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