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keel
Ledger
64,751,056
Methodology
1.0.8-draft
Age
7s

THE1 against USDC — what depth stands behind this price?

All assets

THE1 / USDC

GBGR…IEVW

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
16.53 USDC (shortened; full value 16.533427966038242163364606761487884841745594211672 USDC)Limited by liquidation depth
Depth within 5%
buy16.00 USDC (shortened; full value 16.0086322089266770070133910139 USDC)sell16.31 USDC (shortened; full value 16.315769726649113026223859098774111217394370747716 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
6.53 USDC (shortened; full value 6.5316214531429729536551074177 USDC)
Highest
117.13 USDC (shortened; full value 117.1352217708005663157009273864 USDC)
2026-09-26T15:51:41Z — 2026-10-03T15:09:32ZOne scale across every line on this chart
2% from mid
6.53 USDC (shortened; full value 6.5316214531429729536551074177 USDC)
5% from mid
16.21 USDC (shortened; full value 16.2101393896900686232586839589 USDC)
10% from mid
32.03 USDC (shortened; full value 32.0387033105140140350763811177 USDC)
169 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 itnowHOLDER_CONCENTRATION_EXTREME71 of 169

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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%0.189826 USDC (shortened; full value 0.1898266739577678 USDC)145.69 USDC (shortened; full value 145.6913070494016030712361690834 USDC)unreachablebook ends at 0 USDC
+100%0.253102 USDC (shortened; full value 0.2531022319436904 USDC)268.51 USDC (shortened; full value 268.5147604306289756630108226379 USDC)unreachablebook ends at 0 USDC
+1,000%1.392062 USDC (shortened; full value 1.3920622756902972 USDC)1,501.75 USDC (shortened; full value 1501.7565987606130437432814214349 USDC)unreachablebook ends at 0 USDC
+10,000%12.781662 USDC (shortened; full value 12.7816627131563652 USDC)5,866.59 USDC (shortened; full value 5866.59975692313552950734002437 USDC)unreachablebook ends at 0 USDC

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder