Skip to content
keel
Ledger
64,751,769
Methodology
1.0.8-draft
Age
5s

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
23.65 USDC (shortened; full value 23.65055086371288274748540700578928317971344263883 USDC)Limited by liquidation depth
Depth within 5%
buy22.89 USDC (shortened; full value 22.8998409670330830205508156526 USDC)sell23.33 USDC (shortened; full value 23.339203851138224279366134021395120884365344341365 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
5 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
9.31 USDC (shortened; full value 9.3135813392636735018327803891 USDC)
Highest
96.48 USDC (shortened; full value 96.4836617801564933142001903494 USDC)
2026-09-11T23:48:05Z — 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)
22 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_EXTREME21 of 22
Supply is concentratednowHOLDER_CONCENTRATION_HIGH21 of 22
Price sources disagreenowPRICE_SOURCE_CONFLICT14 of 22
Nothing tradable within 2%ZERO_DEPTH_2PCT8 of 22
No genuine trade in 30 daysNO_GENUINE_TRADE_30D3 of 22
No genuine trade in 7 daysNO_GENUINE_TRADE_7D3 of 22

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%10.243435 USDC (shortened; full value 10.2434358701259078 USDC)252.18 USDC (shortened; full value 252.1834626736088533655425421429 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+100%13.657914 USDC (shortened; full value 13.6579144935012104 USDC)427.87 USDC (shortened; full value 427.8785197368559932629057627611 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+1,000%75.118529 USDC (shortened; full value 75.1185297142566572 USDC)2,191.99 USDC (shortened; full value 2191.9918807709416669943197836762 USDC)unreachablebook ends at 43.77 USDC (shortened; full value 43.776665755 USDC)
+10,000%689.724681 USDC (shortened; full value 689.7246819218111252 USDC)8,435.76 USDC (shortened; full value 8435.7616709362800171693766090763 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