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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

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
5.54 USDC (shortened; full value 5.544490670520960555223367815 USDC)
Highest
42.23 USDC (shortened; full value 42.2381457780654399851772467291 USDC)
2026-10-02T23:54:17Z — 2026-10-03T18:39:22ZOne scale across every line on this chart
2% from mid
5.54 USDC (shortened; full value 5.544490670520960555223367815 USDC)
5% from mid
13.76 USDC (shortened; full value 13.7602840670952726803429334656 USDC)
10% from mid
27.19 USDC (shortened; full value 27.1966605650815228738068591497 USDC)
2 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_EXTREME1 of 2

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