Skip to content
keel
Ledger
64,753,576
Methodology
1.0.8-draft
Age
3s

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
14.02 USDC (shortened; full value 14.023343013643270657976060008227791633967391111776 USDC)Limited by liquidation depth
Depth within 5%
buy13.57 USDC (shortened; full value 13.5782211109623976850255944688 USDC)sell13.83 USDC (shortened; full value 13.838729383791721298538698280103043220180103926928 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
2 triggered5 not evaluated

History

Window
Resolution
Source

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
0.09343781 USDC (shortened; full value 0.093437810688212 USDC)
Highest
1.56899728 USDC (shortened; full value 1.5689972812926601 USDC)
2026-09-26T23:51:41Z — 2026-10-03T18:39:22Z
Mid price
0.09343781 USDC (shortened; full value 0.093437810688212 USDC)
8 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_EXTREME3 of 8

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%0.136466 USDC (shortened; full value 0.1364666043443415 USDC)123.57 USDC (shortened; full value 123.5726297690065415749402863519 USDC)unreachablebook ends at 0 USDC
+100%0.181955 USDC (shortened; full value 0.181955472459122 USDC)227.74 USDC (shortened; full value 227.7491756385741501525467628155 USDC)unreachablebook ends at 0 USDC
+1,000%1.000755 USDC (shortened; full value 1.000755098525171 USDC)1,273.76 USDC (shortened; full value 1273.7617359619258002810956398962 USDC)unreachablebook ends at 0 USDC
+10,000%9.188751 USDC (shortened; full value 9.188751359185661 USDC)4,975.93 USDC (shortened; full value 4975.9397073662534982314639330314 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