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keel
Ledger
64,751,054
Methodology
1.0.8-draft
Age
8s

SHX against USDC — what depth stands behind this price?

All assets

SHX / USDC

GDST…J6JH

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
829.12 USDC (shortened; full value 829.1293643528502985480444814301046770451952907782875 USDC)Limited by liquidation depth
Depth within 5%
buy1,188.52 USDC (shortened; full value 1188.52218789302768635461502067 USDC)sell714.32 USDC (shortened; full value 714.329918070408232962917690759556643007506738549925 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
2 triggered3 not evaluated

History

Window
Resolution
Source

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
0 USDC
Highest
17,207.81 USDC (shortened; full value 17207.8146312449496793431306051808 USDC)
2026-09-26T15:51:31Z — 2026-10-03T15:09:22ZOne scale across every line on this chart
2% from mid
101.10 USDC (shortened; full value 101.104817573424586743910651853 USDC)
5% from mid
1,188.00 USDC (shortened; full value 1188.0080637932460485604588305688 USDC)
10% from mid
5,805.80 USDC (shortened; full value 5805.8031503728390912262336865659 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 next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Cheap to move the priceMANIPULATION_CHEAP142 of 169
Nothing tradable within 2%ZERO_DEPTH_2PCT67 of 169
Extreme spreadSPREAD_EXTREME2 of 169
Price sources disagreePRICE_SOURCE_CONFLICT1 of 169

Not evaluated3

  • 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.

829.12 USDC (shortened; full value 829.1293643528502985480444814301046770451952907782875 USDC)

Limited by liquidation depth

Liquidation termbinds
829.12 USDC (shortened; full value 829.1293643528502985480444814301046770451952907782875 USDC)

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

Manipulation term
3,923.84 USDC (shortened; full value 3923.84690477932887664451659 USDC)

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