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keel
Ledger
64,752,674
Methodology
1.0.8-draft
Age
5s

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
863.04 USDC (shortened; full value 863.04220319227661131194904119744215926909252540208 USDC)Limited by liquidation depth
Depth within 5%
buy5,271.49 USDC (shortened; full value 5271.4954587359893800292316186113 USDC)sell732.61 USDC (shortened; full value 732.6131943347318320219182111168089251225225745932 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.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
2,677.84 USDC (shortened; full value 2677.8442904648931895387927940735 USDC)
2026-09-11T23:48:11Z — 2026-10-02T10:39:12ZOne scale across every line on this chart
2% from mid
706.46 USDC (shortened; full value 706.4601860097198030128522799515 USDC)
5% from mid
1,181.81 USDC (shortened; full value 1181.8147210691623640855828995023 USDC)
10% from mid
2,320.61 USDC (shortened; full value 2320.6132991246101589514047625266 USDC)
22 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOW7 of 22
Cheap to move the priceMANIPULATION_CHEAP21 of 22
Nothing tradable within 2%ZERO_DEPTH_2PCT9 of 22

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%0.010788 USDC (shortened; full value 0.010788225 USDC)24,462.09 USDC (shortened; full value 24462.0971350798107298422236525198 USDC)19,376.60 USDC (shortened; full value 19376.60558931873083787616976 USDC)
+100%0.014384 USDC (shortened; full value 0.0143843 USDC)39,983.55 USDC (shortened; full value 39983.5564284643591474928209086844 USDC)30,691.84 USDC (shortened; full value 30691.84242363411388264541401 USDC)
+1,000%0.079113 USDC (shortened; full value 0.07911365 USDC)285,840.88 USDC (shortened; full value 285840.8885532454209841760524502024 USDC)unreachablebook ends at 234,315.46 USDC (shortened; full value 234315.46938017927523727517849 USDC)
+10,000%0.726407 USDC (shortened; full value 0.72640715 USDC)435,319.67 USDC (shortened; full value 435319.6795883108534128125440785906 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