Skip to content
keel
Ledger
64,751,767
Methodology
1.0.8-draft
Age
9s

EURMTL against USDC — what depth stands behind this price?

All assets

EURMTL / USDC

GACK…UK7V

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,757.35 USDC (shortened; full value 1757.3589079287712097583605808334148999036622444090335 USDC)Limited by liquidation depth
Depth within 5%
buy7,520.13 USDC (shortened; full value 7520.137499310383586447092717364 USDC)sell3,510.63 USDC (shortened; full value 3510.636149405934680211170268683954823980063645632057 USDC)
Cost to move +50%
135,856.58 USDC (shortened; full value 135856.58186725768550156469384 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
953.26 USDC (shortened; full value 953.2647074261690762578079310492 USDC)
Highest
9,603.13 USDC (shortened; full value 9603.1331061870330638668910360373 USDC)
2026-10-02T16:53:42Z — 2026-10-03T16:08:37ZOne scale across every line on this chart
2% from mid
1,013.95 USDC (shortened; full value 1013.9587765094285882608864420895 USDC)
5% from mid
7,520.08 USDC (shortened; full value 7520.0816013349964783356693113221 USDC)
10% from mid
7,523.89 USDC (shortened; full value 7523.890568217450002845490501948 USDC)
25 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_5PCTthroughout

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
135,856.58 USDC (shortened; full value 135856.58186725768550156469384 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
1.27 USDC (shortened; full value 1.2789719 USDC)

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

Cost against genuine volume
106,223.2734 (shortened; full value 106223.2734489770146643289769227924)

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
135,857.86 USDC (shortened; full value 135857.86083915768550156469384 USDC)

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