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keel
Ledger
64,751,053
Methodology
1.0.8-draft
Age
6s

Ral against USDC — what depth stands behind this price?

All assets

Ral / USDC

GDIP…UTHV

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%
buy2.63 USDC (shortened; full value 2.6397940513803868600307318515 USDC)sell2.69 USDC (shortened; full value 2.690440463994408973783503427155038368535544068523 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
3 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.

Lower at the end of the window than at its start

Lowest
1.05 USDC (shortened; full value 1.0508348292303631833218194841 USDC)
Highest
5.39 USDC (shortened; full value 5.392186791801965776419006449 USDC)
2026-09-26T15:51:21Z — 2026-10-03T15:09:12ZOne scale across every line on this chart
2% from mid
1.06 USDC (shortened; full value 1.0636636146905459126637256084 USDC)
5% from mid
2.63 USDC (shortened; full value 2.6397940513803868600307318515 USDC)
10% from mid
5.21 USDC (shortened; full value 5.2174491767064967206356802406 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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%0.000005 USDC (shortened; full value 0.0000051188112525 USDC)24.02 USDC (shortened; full value 24.0242289701919219157380882371 USDC)free to reach
+100%0.000006 USDC (shortened; full value 0.00000682508167 USDC)44.27 USDC (shortened; full value 44.2775908673417022107676149743 USDC)free to reach
+1,000%0.000037 USDC (shortened; full value 0.000037537949185 USDC)256.07 USDC (shortened; full value 256.075328157889385187986974117 USDC)8.43 USDC (shortened; full value 8.438423 USDC)
+10,000%0.000344 USDC (shortened; full value 0.000344666624335 USDC)2,042.95 USDC (shortened; full value 2042.9508769993784310733972210473 USDC)unreachablebook ends at 1,075.55 USDC (shortened; full value 1075.5593511000124 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder