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keel
Ledger
64,751,775
Methodology
1.0.8-draft
Age
6s

SSLX against USDC — what depth stands behind this price?

All assets

SSLX / USDC

GBHF…37UR

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.11 USDC (shortened; full value 0.1153538500018095351553925 USDC)Limited by manipulation cost
Depth within 5%
buy143.54 USDC (shortened; full value 143.543586688841092904985137181 USDC)sell91.16 USDC (shortened; full value 91.165213109322861117323255825637368769429176444918 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
5 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
33.38 USDC (shortened; full value 33.3892334836581990146433255175 USDC)
Highest
399.46 USDC (shortened; full value 399.4688568368621649986436394764 USDC)
2026-09-26T23:51:36Z — 2026-10-03T16:09:12ZOne scale across every line on this chart
2% from mid
74.13 USDC (shortened; full value 74.1397686582067208205718242508 USDC)
5% from mid
143.32 USDC (shortened; full value 143.323327739782275330006658192 USDC)
10% from mid
256.46 USDC (shortened; full value 256.4683768446349615830816906837 USDC)
8 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 to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
Extreme spreadSPREAD_EXTREME6 of 8
Price sources disagreePRICE_SOURCE_CONFLICT4 of 8
No genuine trade in 7 daysNO_GENUINE_TRADE_7D1 of 8
Nothing tradable within 2%ZERO_DEPTH_2PCT1 of 8

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.

0.11 USDC (shortened; full value 0.1153538500018095351553925 USDC)

Limited by manipulation cost

Liquidation term
106.20 USDC (shortened; full value 106.2043371977713309261051038506696107910942192384455 USDC)

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

Manipulation termbinds
0.11 USDC (shortened; full value 0.1153538500018095351553925 USDC)

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