Skip to content
keel
Ledger
64,751,049
Methodology
1.0.8-draft
Age
6s

GQX against USDC — what depth stands behind this price?

All assets

GQX / USDC

GD7T…DAQF

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
23.66 USDC (shortened; full value 23.66145614031491432760271451691995316841642517238 USDC)Limited by liquidation depth
Depth within 5%
buy22.91 USDC (shortened; full value 22.91040009382863586827109356 USDC)sell23.34 USDC (shortened; full value 23.34996556263626621004591181082202615846383741889 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
5 triggered3 not evaluated

History

Window
Resolution
Source

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
9.29 USDC (shortened; full value 9.2911853745475936073575092154 USDC)
Highest
99.37 USDC (shortened; full value 99.373476116215589551889265001 USDC)
2026-09-11T17:48:01Z — 2026-10-02T10:38:47ZOne scale across every line on this chart
2% from mid
9.43 USDC (shortened; full value 9.4346902399209495164690174024 USDC)
5% from mid
23.41 USDC (shortened; full value 23.4149582894266548612211567327 USDC)
10% from mid
46.27 USDC (shortened; full value 46.2787446565778455863851898163 USDC)
498 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.
Extreme spreadnowSPREAD_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME480 of 498
Supply is concentratednowHOLDER_CONCENTRATION_HIGH480 of 498
Price sources disagreenowPRICE_SOURCE_CONFLICT315 of 498
Nothing tradable within 2%ZERO_DEPTH_2PCT183 of 498
No genuine trade in 30 daysNO_GENUINE_TRADE_30D53 of 498
No genuine trade in 7 daysNO_GENUINE_TRADE_7D53 of 498

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%10.252898 USDC (shortened; full value 10.2528987747614604 USDC)252.27 USDC (shortened; full value 252.2795591398195413621906147145 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+100%13.670531 USDC (shortened; full value 13.6705316996819472 USDC)428.05 USDC (shortened; full value 428.0556292715658673717989803127 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+1,000%75.187924 USDC (shortened; full value 75.1879243482507096 USDC)2,192.98 USDC (shortened; full value 2192.9824237564647673626027054799 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+10,000%690.361850 USDC (shortened; full value 690.3618508339383336 USDC)8,439.63 USDC (shortened; full value 8439.6312189328645534983322731527 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 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