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keel
Ledger
64,753,215
Methodology
1.0.8-draft
Age
6s

TFT against USDC — what depth stands behind this price?

All assets

TFT / USDC

GBOV…AC47

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
19.40 USDC (shortened; full value 19.40907117526103240669146 USDC)Limited by manipulation cost
Depth within 5%
buy482.95 USDC (shortened; full value 482.9542159135849127225313398333 USDC)sell0 USDC
Cost to move +50%
77.63 USDC (shortened; full value 77.63628470104412962676584 USDC)Reachable through the order book
Checks
4 triggered3 not evaluated

History

Window
Resolution
Source

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
369.66 USDC (shortened; full value 369.6682076840270634591474089732 USDC)
Highest
715.89 USDC (shortened; full value 715.8995992103561941687273920239 USDC)
2026-10-02T23:54:17Z — 2026-10-03T18:24:17ZOne scale across every line on this chart
2% from mid
369.66 USDC (shortened; full value 369.6682076840270634591474089732 USDC)
5% from mid
482.95 USDC (shortened; full value 482.9542159135849127225313398333 USDC)
10% from mid
670.33 USDC (shortened; full value 670.3385248591006675149100066416 USDC)
2 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.
Nothing tradable within 2%nowZERO_DEPTH_2PCTthroughout
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

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.

19.40 USDC (shortened; full value 19.40907117526103240669146 USDC)

Limited by manipulation cost

Liquidation term
50.22 USDC (shortened; full value 50.2281193858330490436688559432712257003151613507005 USDC)

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

Manipulation termbinds
19.40 USDC (shortened; full value 19.40907117526103240669146 USDC)

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