Keel — Stellar liquidity risk

EURC / USDC

GDHU…NPP2

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 14,392.05 USDC (shortened; full value 14392.0538328504224502343130571805103041454952956118345 USDC)Limited by liquidation depth
Depth within 5%: buy105,364.47 USDC (shortened; full value 105364.4726728270852821227009513368 USDC)sell26,576.67 USDC (shortened; full value 26576.671450516907331810079608247627544284235961782041 USDC)
Cost to move +50%: 106,263.79 USDC (shortened; full value 106263.79984490834491902121852 USDC)Reachable through the order book
Checks: 1 triggered3 not evaluated

History

Window

Resolution

Source

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: 13,872.90 USDC (shortened; full value 13872.9053565785833671404121369308 USDC)
Highest: 310,182.81 USDC (shortened; full value 310182.8182521137007454226560194727 USDC)

2026-09-11T17:47:56Z — 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)

498 readings from horizon, with no gaps reported. One source per chart.

What fires now, how long it has been firing across the window above, and what could not run.

Thin depth at 5%nowTHIN_DEPTH_5PCT

349 of 498

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: 106,263.79 USDC (shortened; full value 106263.79984490834491902121852 USDC)
The target is reachable through the order book
Genuine volume in the oracle window: 883.62 USDC (shortened; full value 883.6290057 USDC)
Over the last 900 seconds (15 minutes), after the genuine-trade filter
Cost against genuine volume: 120.2583 (shortened; full value 120.258388033253246701361897722)
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: 107,147.42 USDC (shortened; full value 107147.42885060834491902121852 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh