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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

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
8.19 USDC (shortened; full value 8.1908497018689387766571464568 USDC)
Highest
185.94 USDC (shortened; full value 185.94687497492469609667829555 USDC)
2026-09-11T17:48:18Z — 2026-10-02T10:39:17ZOne scale across every line on this chart
2% from mid
8.70 USDC (shortened; full value 8.7001703827521413242725774285 USDC)
5% from mid
21.59 USDC (shortened; full value 21.5920312636309069360962160256 USDC)
10% from mid
42.67 USDC (shortened; full value 42.6758010462759011203624742649 USDC)
498 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_HIGH480 of 498
One holder owns most of itHOLDER_CONCENTRATION_EXTREME207 of 498

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