Keel — Stellar liquidity risk

TFT / USDC

GBOV…AC47

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 20.48 USDC (shortened; full value 20.48004920040917240669146 USDC)Limited by manipulation cost
Depth within 5%: buy482.47 USDC (shortened; full value 482.4741004985013289679465790975 USDC)sell0 USDC
Cost to move +50%: 81.92 USDC (shortened; full value 81.92019680163668962676584 USDC)Reachable through the order book
Checks: 4 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.

Higher at the end of the window than at its start

Lowest: 0 USDC
Highest: 830.10 USDC (shortened; full value 830.1010632481207589192677100376 USDC)

2026-09-11T17:48:18Z — 2026-10-02T10:39:17ZOne scale across every line on this chart

2% from mid: 299.08 USDC (shortened; full value 299.085844172304520762626779091 USDC)
5% from mid: 412.36 USDC (shortened; full value 412.3649104534033361309044195849 USDC)
10% from mid: 599.73 USDC (shortened; full value 599.737866309981376516703724853 USDC)

498 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

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

Nothing tradable within 2%nowZERO_DEPTH_2PCT

283 of 498

Cheap next to real tradingnowMANIPULATION_RATIO_LOW

144 of 498

No genuine trade in 7 daysNO_GENUINE_TRADE_7D

43 of 498

Price sources disagreePRICE_SOURCE_CONFLICT

5 of 498

Extreme spreadSPREAD_EXTREME

3 of 498

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: 81.92 USDC (shortened; full value 81.92019680163668962676584 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: 81.92 USDC (shortened; full value 81.92019680163668962676584 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh