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keel
Ledger
64,752,672
Methodology
1.0.8-draft
Age
8s

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 2.6375071783023080780760382156 USDC)sell2.68 USDC (shortened; full value 2.688109715555126270701501838937180857103781201109 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.

Higher at the end of the window than at its start

Lowest
1.06 USDC (shortened; full value 1.0616790311117636198228398968 USDC)
Highest
5.21 USDC (shortened; full value 5.2129292619607932965449469086 USDC)
2026-10-02T23:54:02Z — 2026-10-03T17:24:02ZOne scale across every line on this chart
2% from mid
1.06 USDC (shortened; full value 1.0627421550473984476317296218 USDC)
5% from mid
2.63 USDC (shortened; full value 2.6375071783023080780760382156 USDC)
10% from mid
5.21 USDC (shortened; full value 5.2129292619607932965449469086 USDC)
2 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

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 0.00000510993284115 USDC)24.00 USDC (shortened; full value 24.0034166032480676674928418139 USDC)free to reach
+100%0.000006 USDC (shortened; full value 0.0000068132437882 USDC)44.23 USDC (shortened; full value 44.2392328634422079305944013392 USDC)free to reach
+1,000%0.000037 USDC (shortened; full value 0.0000374728408351 USDC)255.86 USDC (shortened; full value 255.8607984784819359806556855024 USDC)8.43 USDC (shortened; full value 8.438423 USDC)
+10,000%0.000344 USDC (shortened; full value 0.0003440688113041 USDC)2,042.11 USDC (shortened; full value 2042.1128185775920920687608860585 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