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keel
Ledger
64,752,668
Methodology
1.0.8-draft
Age
7s

GOLD against USDC — what depth stands behind this price?

All assets

GOLD / USDC

GBC5…GOLD

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
75.99 USDC (shortened; full value 75.99815728985425681807456884986935939526545856101 USDC)Limited by liquidation depth
Depth within 5%
buy47.15 USDC (shortened; full value 47.1585432511314225870536323234 USDC)sell5.81 USDC (shortened; full value 5.81784172828794094418886131268840459969880415252 USDC)
Cost to move +50%
7,275.73 USDC (shortened; full value 7275.7360868534109 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.

Lower at the end of the window than at its start

Lowest
6.41 USDC (shortened; full value 6.41782782166582506653146456515792823842205875478 USDC)
Highest
107.09 USDC (shortened; full value 107.0906940698637456132500129199438803578843106946825 USDC)
2026-09-26T17:51:01Z — 2026-10-03T17:23:42Z
Max safe collateral
75.99 USDC (shortened; full value 75.99815728985425681807456884986935939526545856101 USDC)
169 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT25 of 169

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
7,275.73 USDC (shortened; full value 7275.7360868534109 USDC)

The target is reachable through the order book

Genuine volume in the oracle window
0 USDC

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

Cost against genuine volume
not computed

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
7,275.73 USDC (shortened; full value 7275.7360868534109 USDC)

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