Skip to content
keel
Ledger
64,753,396
Methodology
1.0.8-draft
Age
5s

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
14.21 USDC (shortened; full value 14.211374366429823776946182965926956198081144657754 USDC)Limited by liquidation depth
Depth within 5%
buy13.76 USDC (shortened; full value 13.7602840670952726803429334656 USDC)sell14.02 USDC (shortened; full value 14.024285353174327834589786331789314359027296895287 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
2 triggered5 not evaluated

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Lower at the end of the window than at its start

Lowest
14.33 USDC (shortened; full value 14.338356046974091300522072823664893003013124715712 USDC)
Highest
22.07 USDC (shortened; full value 22.071169390797078290791071650796345662750575883652 USDC)
2026-10-02T18:54:22Z — 2026-10-03T18:24:17Z
Max safe collateral
14.33 USDC (shortened; full value 14.338356046974091300522072823664893003013124715712 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_EXTREME23 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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
5.54 USDC (shortened; full value 5.544490670520960555223367815 USDC)
Sell side
5.56 USDC (shortened; full value 5.5666674874755254657501356109432450230578695145 USDC)

5% from mid

Buy side
13.76 USDC (shortened; full value 13.7602840670952726803429334656 USDC)
Sell side
14.02 USDC (shortened; full value 14.024285353174327834589786331789314359027296895287 USDC)

10% from mid

Buy side
27.19 USDC (shortened; full value 27.1966605650815228738068591497 USDC)
Sell side
28.42 USDC (shortened; full value 28.422748732859647553892365931853912396162289315508 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.