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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

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.

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%0.010548 USDC (shortened; full value 0.0105481279260261 USDC)20,512.01 USDC (shortened; full value 20512.018844192835836863558507743 USDC)15,695.38 USDC (shortened; full value 15695.38761911731550657806636 USDC)
+100%0.014064 USDC (shortened; full value 0.0140641705680348 USDC)35,978.51 USDC (shortened; full value 35978.5153475950832945443248932495 USDC)27,002.80 USDC (shortened; full value 27002.80315573435624160233938 USDC)
+1,000%0.077352 USDC (shortened; full value 0.0773529381241914 USDC)270,965.95 USDC (shortened; full value 270965.9597943816999982766519301336 USDC)unreachablebook ends at 220,229.87 USDC (shortened; full value 220229.87923605565108256614181 USDC)
+10,000%0.710240 USDC (shortened; full value 0.7102406136857574 USDC)418,769.45 USDC (shortened; full value 418769.4582497592704383676007105215 USDC)unreachablebook ends at 220,229.87 USDC (shortened; full value 220229.87923605565108256614181 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