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keel
Ledger
64,752,495
Methodology
1.0.8-draft
Age
8s

THE1 against USDC — what depth stands behind this price?

All assets

THE1 / USDC

GBGR…IEVW

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
15.15 USDC (shortened; full value 15.154768123485746158445703160311137973200450852322 USDC)Limited by liquidation depth
Depth within 5%
buy14.67 USDC (shortened; full value 14.6737330938747235141590646477 USDC)sell14.95 USDC (shortened; full value 14.955259579045714438071659093621443586673916100291 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
2 triggered5 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
5.98 USDC (shortened; full value 5.9850264558915183189147780297 USDC)
Highest
42.49 USDC (shortened; full value 42.4936420482639462876640898763 USDC)
2026-10-02T17:54:22Z — 2026-10-03T17:09:17ZOne scale across every line on this chart
2% from mid
5.98 USDC (shortened; full value 5.9850264558915183189147780297 USDC)
5% from mid
14.85 USDC (shortened; full value 14.8536031668368928761701523911 USDC)
10% from mid
29.35 USDC (shortened; full value 29.3575627891931059066668195572 USDC)
25 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
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
One holder owns most of itHOLDER_CONCENTRATION_EXTREME24 of 25

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.

15.15 USDC (shortened; full value 15.154768123485746158445703160311137973200450852322 USDC)

Limited by liquidation depth

Liquidation termbinds
15.15 USDC (shortened; full value 15.154768123485746158445703160311137973200450852322 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.