Skip to content
keel
Ledger
64,751,053
Methodology
1.0.8-draft
Age
8s

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
8.52 USDC (shortened; full value 8.521758474449414406683588891957320537168441500984 USDC)Limited by liquidation depth
Depth within 5%
buy8.25 USDC (shortened; full value 8.2512651018888657217001953728 USDC)sell8.40 USDC (shortened; full value 8.409571760970630179233673224759490356086990264852 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
3 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
8.39 USDC (shortened; full value 8.397927805465692844349623910605080121561940894706 USDC)
Highest
8.79 USDC (shortened; full value 8.794309258166467861067218698334601234002391748864 USDC)
2026-09-26T15:51:21Z — 2026-10-03T15:09:17Z
Max safe collateral
8.52 USDC (shortened; full value 8.523303523043514869756858307501074670316511844516 USDC)
169 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.
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_30D81 of 169
No genuine trade in 7 daysNO_GENUINE_TRADE_7D81 of 169

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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
3.32 USDC (shortened; full value 3.3247178731445620407093760325 USDC)
Sell side
3.33 USDC (shortened; full value 3.338016057609063896083639161817762850855562942 USDC)

5% from mid

Buy side
8.25 USDC (shortened; full value 8.2512651018888657217001953728 USDC)
Sell side
8.40 USDC (shortened; full value 8.409571760970630179233673224759490356086990264852 USDC)

10% from mid

Buy side
16.30 USDC (shortened; full value 16.3083011305845414905591653287 USDC)
Sell side
17.04 USDC (shortened; full value 17.043516948898828813367177783914641074336883001968 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.