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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

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
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.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only
0 USDC

NOT reachable through the order book: this is the cost of exhausting the book, not of reaching the target

Genuine volume in the oracle window
0 USDC

Over the last 900 seconds (15 minutes), after the genuine-trade filter

Cost against genuine volume
not computed

Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable

Total attack cost
not computed

The move, plus the genuine volume an averaging oracle forces an attacker to outweigh