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keel
Ledger
64,751,770
Methodology
1.0.8-draft
Age
9s

LFI against USDC — what depth stands behind this price?

All assets

LFI / USDC

GDX4…TWNJ

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy3.79 USDC (shortened; full value 3.7950600844665225296273125581 USDC)sell3.86 USDC (shortened; full value 3.86787113532573243551167895280987242970849613061 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 triggered5 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.

Higher at the end of the window than at its start

Lowest
1.51 USDC (shortened; full value 1.5159295531935046770915146844 USDC)
Highest
7.59 USDC (shortened; full value 7.599849312176298158192328723 USDC)
2026-09-26T23:51:11Z — 2026-10-03T16:08:52ZOne scale across every line on this chart
2% from mid
1.52 USDC (shortened; full value 1.5295662219429666055776053614 USDC)
5% from mid
3.79 USDC (shortened; full value 3.7960683792423647722818054155 USDC)
10% from mid
7.50 USDC (shortened; full value 7.5027799345342499773205233774 USDC)
8 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
No genuine trade in 30 daysNO_GENUINE_TRADE_30D4 of 8
No genuine trade in 7 daysNO_GENUINE_TRADE_7D4 of 8

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.

0 USDC

Limited by manipulation cost

Liquidation term
3.91 USDC (shortened; full value 3.91946992812580296539993632213782745066272835662 USDC)

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

Manipulation termbinds
0 USDC

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