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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

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
116.26 USDC (shortened; full value 116.2662788357328077098289804095 USDC)
2026-09-26T23:51:41Z — 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)
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.

Concentration and wash trading bound how much of the depth is real.

Largest holder
49.9156 % (shortened; full value 49.91563037846293227598811318 %)
Top ten holders
100 %
Concentration index
4,836.55 (shortened; full value 4836.5588506077101277941799753012229574784841847927615551)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Volume to supply, 30 day
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Last genuine trade
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used