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keel
Ledger
64,752,134
Methodology
1.0.8-draft
Age
6s

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
775.03 USDC (shortened; full value 775.03800775575647049498872886729689433314944154534 USDC)Limited by liquidation depth
Depth within 5%
buy2,937.05 USDC (shortened; full value 2937.0590018834398879093736924846 USDC)sell557.64 USDC (shortened; full value 557.645401467368633910111050251826226497405898956526 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
2 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Higher at the end of the window than at its start

Lowest
0.00379381 USDC (shortened; full value 0.00379381479344965 USDC)
Highest
0.007275 USDC
2026-09-26T17:51:31Z — 2026-10-03T16:39:12Z
Mid price
0.00703208 USDC (shortened; full value 0.0070320852840174 USDC)
168 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_CHEAP140 of 168
Nothing tradable within 2%ZERO_DEPTH_2PCT65 of 168
Extreme spreadSPREAD_EXTREME2 of 168
Price sources disagreePRICE_SOURCE_CONFLICT1 of 168

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%0.010749 USDC (shortened; full value 0.01074915 USDC)24,393.32 USDC (shortened; full value 24393.3225342243937014525599662627 USDC)19,376.60 USDC (shortened; full value 19376.60558931873083787616976 USDC)
+100%0.014332 USDC (shortened; full value 0.0143322 USDC)39,907.15 USDC (shortened; full value 39907.1518841490686388613030011582 USDC)30,691.84 USDC (shortened; full value 30691.84242363411388264541401 USDC)
+1,000%0.078827 USDC (shortened; full value 0.0788271 USDC)285,687.87 USDC (shortened; full value 285687.8735144376641851308222306027 USDC)unreachablebook ends at 234,315.46 USDC (shortened; full value 234315.46938017927523727517849 USDC)
+10,000%0.723776 USDC (shortened; full value 0.7237761 USDC)434,895.51 USDC (shortened; full value 434895.5151428451835743364112879904 USDC)unreachablebook ends at 234,315.46 USDC (shortened; full value 234315.46938017927523727517849 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