Skip to content
keel
Ledger
64,752,487
Methodology
1.0.8-draft
Age
8s

FRED against USDC — what depth stands behind this price?

All assets

FRED / USDC

GCA7…ZLV6

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.000051 USDC (shortened; full value 0.0000514500035902170766125 USDC)Limited by manipulation cost
Depth within 5%
buy23.78 USDC (shortened; full value 23.7852153774073783495126107538 USDC)sell24.24 USDC (shortened; full value 24.241562628204063084875052331431841353444881136811 USDC)
Cost to move +50%
0.00020 USDC (shortened; full value 0.00020580001436086830645 USDC)Reachable through the order book
Checks
5 triggered3 not evaluated

History

Window
Resolution
Source

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Unchanged across the window

Lowest
0.000051 USDC (shortened; full value 0.0000514500035902170766125 USDC)
Highest
0.000051 USDC (shortened; full value 0.0000514500035902170766125 USDC)
2026-10-02T17:53:42Z — 2026-10-03T17:08:42Z
Max safe collateral
0.000051 USDC (shortened; full value 0.0000514500035902170766125 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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICT24 of 25
Extreme spreadnowSPREAD_EXTREME24 of 25
Nothing tradable within 2%ZERO_DEPTH_2PCT1 of 25

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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%0.000207 USDC (shortened; full value 0.00020787410655975 USDC)216.46 USDC (shortened; full value 216.464615223681370082470048675 USDC)0.00020 USDC (shortened; full value 0.00020580001436086830645 USDC)
+100%0.000277 USDC (shortened; full value 0.000277165475413 USDC)398.95 USDC (shortened; full value 398.9525538522193332202845137368 USDC)0.00020 USDC (shortened; full value 0.00020580001436086830645 USDC)
+1,000%0.001524 USDC (shortened; full value 0.0015244101147715 USDC)2,254.31 USDC (shortened; full value 2254.3100139350154394226167855849 USDC)23.03 USDC (shortened; full value 23.03855490017697241162958 USDC)
+10,000%0.013996 USDC (shortened; full value 0.0139968565083565 USDC)9,113.12 USDC (shortened; full value 9113.1280613601416563177108612425 USDC)396.68 USDC (shortened; full value 396.68452450046697241162958 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder