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keel
Ledger
64,750,329
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 23.655484480198751958381435932546788618568375169576 USDC)Limited by liquidation depth
Depth within 5%
buy22.90 USDC (shortened; full value 22.9046179831451931866800528194 USDC)sell23.34 USDC (shortened; full value 23.344072517858059411728680694869715793064206392828 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
9.19 USDC (shortened; full value 9.1930688783928530844245427708 USDC)
Highest
47.07 USDC (shortened; full value 47.0712573022609530657748311602 USDC)
2026-09-26T14:51:01Z — 2026-10-03T14:08:47ZOne scale across every line on this chart
2% from mid
9.22 USDC (shortened; full value 9.2290566168669973010411087821 USDC)
5% from mid
22.90 USDC (shortened; full value 22.9046179831451931866800528194 USDC)
10% from mid
45.27 USDC (shortened; full value 45.2700771018282611814993355639 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.
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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
43.77 USDC (shortened; full value 43.776665755 USDC)

NOT reachable through the order book: this is the cost of exhausting the book, not of reaching the target

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
not computed

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