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keel
Ledger
64,754,289
Methodology
1.0.8-draft
Age
6s

GZC against USDC — what depth stands behind this price?

All assets

GZC / USDC

GCGZ…IGZC

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
73.02 USDC (shortened; full value 73.02718409399335830780438717293798055974027481285 USDC)Limited by liquidation depth
Depth within 5%
buy70.70 USDC (shortened; full value 70.7091919362232950658161765458 USDC)sell72.06 USDC (shortened; full value 72.065800383966938455291631581753313787800326951675 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
2 triggered5 not evaluated

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
72.66 USDC (shortened; full value 72.660403938580196583906692822575606328064409644342 USDC)
Highest
75.84 USDC (shortened; full value 75.842086578857170477649844394133964254172092201376 USDC)
2026-09-11T17:48:01Z — 2026-10-02T10:38:47Z
Max safe collateral
73.41 USDC (shortened; full value 73.414159985929931152256822745110436659553626670012 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGH480 of 498
No genuine trade in 30 daysNO_GENUINE_TRADE_30D197 of 498
No genuine trade in 7 daysNO_GENUINE_TRADE_7D197 of 498

Not evaluated5

  • Price sources disagree
  • Extreme spread
  • 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.

73.02 USDC (shortened; full value 73.02718409399335830780438717293798055974027481285 USDC)

Limited by liquidation depth

Liquidation termbinds
73.02 USDC (shortened; full value 73.02718409399335830780438717293798055974027481285 USDC)

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

Manipulation term
not applicable

Not applied: the critical target is not reachable through the order book.