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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

History

Window
Resolution
Source

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Higher at the end of the window than at its start

Lowest
29,420.24 USDC (shortened; full value 29420.24456949276701673192614 USDC)
Highest
310,296.40 USDC (shortened; full value 310296.40071418620538 USDC)
2026-09-11T17:47:56Z — 2026-10-02T10:38:37Z
Cost to move +50%
292,865.22 USDC (shortened; full value 292865.22831708356194 USDC)
498 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_5PCT349 of 498

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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
106,318.42 USDC (shortened; full value 106318.42215431902198106209794 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
2,394.26 USDC (shortened; full value 2394.2639115 USDC)

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
44.4054 (shortened; full value 44.4054732828975449313420844)

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
108,712.68 USDC (shortened; full value 108712.68606581902198106209794 USDC)

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh