Keel — Stellar liquidity risk

SLVR / USDC

GBZV…SLVR

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 25.28 USDC (shortened; full value 25.283170270206366893225209599575047988556403720981 USDC)Limited by liquidation depth
Depth within 5%: buy0.72 USDC (shortened; full value 0.7209284348778009943070093835 USDC)sell43.36 USDC (shortened; full value 43.367926625944588626079291066977474156973138528591 USDC)
Cost to move +50%: 308.44 USDC (shortened; full value 308.44221099584442 USDC)Reachable through the order book
Checks: 6 triggered3 not evaluated

History

Window

Resolution

Source

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: 86.12 USDC (shortened; full value 86.128862974419225106595023109 USDC)

2026-09-26T15:51:31Z — 2026-10-03T15:09:22ZOne scale across every line on this chart

2% from mid: 0 USDC
5% from mid: 0.72 USDC (shortened; full value 0.7209284348778009943070093835 USDC)
10% from mid: 6.65 USDC (shortened; full value 6.6544812753403999216261962569 USDC)

169 readings from horizon, with no gaps reported. One source per chart.

What fires now, how long it has been firing across the window above, and what could not run.

Cheap to move the pricenowMANIPULATION_CHEAP

throughout

Cheap next to real tradingnowMANIPULATION_RATIO_LOW

throughout

One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME

throughout

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

Supply is concentratednowHOLDER_CONCENTRATION_HIGH

throughout

Nothing tradable within 2%nowZERO_DEPTH_2PCT

41 of 169

Price sources disagreePRICE_SOURCE_CONFLICT

1 of 169

Extreme spreadSPREAD_EXTREME

1 of 169

The figures behind the verdict, as the engine served them.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only: 308.44 USDC (shortened; full value 308.44221099584442 USDC)
The target is reachable through the order book
Genuine volume in the oracle window: 0 USDC
Over the last 900 seconds (15 minutes), after the genuine-trade filter
Cost against genuine volume: not computed
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
Total attack cost: 308.44 USDC (shortened; full value 308.44221099584442 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh