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keel
Ledger
64,752,489
Methodology
1.0.8-draft
Age
9s

IDRT against USDC — what depth stands behind this price?

All assets

IDRT / USDC

GDPK…VBVT

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
161.81 USDC (shortened; full value 161.8176398250011 USDC)Limited by manipulation cost
Depth within 5%
buy198.61 USDC (shortened; full value 198.6143704262764670595825129816 USDC)sell191.55 USDC (shortened; full value 191.553728834045859075364681298396286904860481009668 USDC)
Cost to move +50%
647.27 USDC (shortened; full value 647.2705593000044 USDC)Reachable through the order book
Checks
2 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
0 USDC
Highest
435.31 USDC (shortened; full value 435.318482888830730003328906624 USDC)
2026-09-11T23:48:05Z — 2026-10-02T10:38:52ZOne scale across every line on this chart
2% from mid
31.93 USDC (shortened; full value 31.9368230835032854972502485591 USDC)
5% from mid
147.03 USDC (shortened; full value 147.0303420203823694780673689318 USDC)
10% from mid
335.25 USDC (shortened; full value 335.2580369328210011538487957556 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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT1 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.

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

161.81 USDC (shortened; full value 161.8176398250011 USDC)

Limited by manipulation cost

Liquidation term
197.23 USDC (shortened; full value 197.231280048899583375872849083134901813775855706544 USDC)

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

Manipulation termbinds
161.81 USDC (shortened; full value 161.8176398250011 USDC)

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