Skip to content
keel
Ledger
64,753,573
Methodology
1.0.8-draft
Age
6s

RCW against USDC — what depth stands behind this price?

All assets

RCW / USDC

GCED…FYXG

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
8.51 USDC (shortened; full value 8.512943615794760546148258632634503705157319468386 USDC)Limited by liquidation depth
Depth within 5%
buy8.24 USDC (shortened; full value 8.2427300400453149728086680858 USDC)sell8.40 USDC (shortened; full value 8.400872947616392970899677415644279994908094650883 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
3 triggered5 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Higher at the end of the window than at its start

Lowest
2.09479608 USDC (shortened; full value 2.094796080038899 USDC)
Highest
2.69047270 USDC (shortened; full value 2.6904727067938189 USDC)
2026-09-11T17:48:12Z — 2026-10-02T10:39:07Z
Mid price
2.60518982 USDC (shortened; full value 2.6051898206910536 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME480 of 498
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.

8.51 USDC (shortened; full value 8.512943615794760546148258632634503705157319468386 USDC)

Limited by liquidation depth

Liquidation termbinds
8.51 USDC (shortened; full value 8.512943615794760546148258632634503705157319468386 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.