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keel
Ledger
64,752,675
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
14.93 USDC (shortened; full value 14.937435760392838017471734314519470103905806013624 USDC)Limited by liquidation depth
Depth within 5%
buy14.46 USDC (shortened; full value 14.4632991853714184459696182698 USDC)sell14.74 USDC (shortened; full value 14.740788339466348081546981121467107285414299026772 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
5.91 USDC (shortened; full value 5.9125506307863179280258615247 USDC)
Highest
42.23 USDC (shortened; full value 42.2381457780654399851772467291 USDC)
2026-10-02T23:54:17Z — 2026-10-03T17:24:17ZOne scale across every line on this chart
2% from mid
5.91 USDC (shortened; full value 5.9125506307863179280258615247 USDC)
5% from mid
14.67 USDC (shortened; full value 14.6737330938747235141590646477 USDC)
10% from mid
29.00 USDC (shortened; full value 29.0020566603722336705161456252 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout
One holder owns most of itHOLDER_CONCENTRATION_EXTREME1 of 2

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.

14.93 USDC (shortened; full value 14.937435760392838017471734314519470103905806013624 USDC)

Limited by liquidation depth

Liquidation termbinds
14.93 USDC (shortened; full value 14.937435760392838017471734314519470103905806013624 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.