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keel
Ledger
64,753,388
Methodology
1.0.8-draft
Age
4s

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%
buy23.84 USDC (shortened; full value 23.8448939032501463232324635815 USDC)sell24.30 USDC (shortened; full value 24.302386130959878081151546641835350091089898809846 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)
2026-10-02T18:53:42Z — 2026-10-03T18:23:37Z
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
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
0.00013927 USDC (shortened; full value 0.0001392779842181 USDC)

AMM pool spot price, because the book and the pool disagree or the book is one-sided

AMM pool spot price
0.00013927 USDC (shortened; full value 0.0001392779842181 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
12.1492 % (shortened; full value 12.14921673467973107771541733 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
20.8567 % (shortened; full value 20.85674406904930587263774861 %)

Best ask minus best bid, over the mid