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keel
Ledger
64,751,056
Methodology
1.0.8-draft
Age
6s

TGM against USDC — what depth stands behind this price?

All assets

TGM / USDC

GBGR…IEVW

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0.00094 USDC (shortened; full value 0.000946656722950052590848049929094668396943357026 USDC)Limited by liquidation depth
Depth within 5%
buy0.00091 USDC (shortened; full value 0.0009166084212508635797354856 USDC)sell0.00093 USDC (shortened; full value 0.000934194235676001557965160345052993512058140803 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
3 triggered5 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
0.00036 USDC (shortened; full value 0.0003683559041203511220807598 USDC)
Highest
50.51 USDC (shortened; full value 50.5141679837053509702271960465 USDC)
2026-09-11T17:48:18Z — 2026-10-02T10:39:17ZOne scale across every line on this chart
2% from mid
0.00037 USDC (shortened; full value 0.0003701853178818123947840204 USDC)
5% from mid
0.00091 USDC (shortened; full value 0.0009187237267085315538505384 USDC)
10% from mid
0.0018 USDC (shortened; full value 0.0018158213323609910176677045 USDC)
498 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
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME480 of 498
Supply is concentratednowHOLDER_CONCENTRATION_HIGH480 of 498

Not evaluated5

  • Price sources disagree
  • Extreme spread
  • 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.

0.00094 USDC (shortened; full value 0.000946656722950052590848049929094668396943357026 USDC)

Limited by liquidation depth

Liquidation termbinds
0.00094 USDC (shortened; full value 0.000946656722950052590848049929094668396943357026 USDC)

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

Manipulation term
not applicable

Not applied: the critical target is not reachable through the order book.