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keel
Ledger
64,752,669
Methodology
1.0.8-draft
Age
6s

GYEN against USDC — what depth stands behind this price?

All assets

GYEN / USDC

GDF6…5TOB

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.33 USDC (shortened; full value 0.3345902251975 USDC)Limited by manipulation cost
Depth within 5%
buy2.63 USDC (shortened; full value 2.6365051044478169301425591808 USDC)sell2.68 USDC (shortened; full value 2.687084441313318904353221064997224465053331553965 USDC)
Cost to move +50%
1.33 USDC (shortened; full value 1.33836090079 USDC)Reachable through the order book
Checks
7 triggered3 not evaluated

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Unchanged across the window

Lowest
1.33 USDC (shortened; full value 1.33836090079 USDC)
Highest
1.49 USDC (shortened; full value 1.49817960159 USDC)
2026-09-25T10:54:24Z — 2026-10-03T17:23:47Z
Cost to move +50%
1.33 USDC (shortened; full value 1.33836090079 USDC)
200 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
Price sources disagreenowPRICE_SOURCE_CONFLICT116 of 200
Extreme spreadnowSPREAD_EXTREME55 of 200
Nothing tradable within 2%ZERO_DEPTH_2PCT84 of 200

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.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

0.33 USDC (shortened; full value 0.3345902251975 USDC)

Limited by manipulation cost

Liquidation term
2.72 USDC (shortened; full value 2.72293111470874545533663298241553081584719142803 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
0.33 USDC (shortened; full value 0.3345902251975 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.