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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

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
14.21 USDC (shortened; full value 14.211374366429823776946182965926956198081144657754 USDC)
Highest
22.07 USDC (shortened; full value 22.071169390797078290791071650796345662750575883652 USDC)
2026-10-02T23:54:17Z — 2026-10-03T18:39:22Z
Max safe collateral
14.21 USDC (shortened; full value 14.211374366429823776946182965926956198081144657754 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.

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
5.47 USDC (shortened; full value 5.4711312575318011387208939096 USDC)
Sell side
5.49 USDC (shortened; full value 5.493014651993583306712001388350342565409017688 USDC)

5% from mid

Buy side
13.57 USDC (shortened; full value 13.5782211109623976850255944688 USDC)
Sell side
13.83 USDC (shortened; full value 13.838729383791721298538698280103043220180103926928 USDC)

10% from mid

Buy side
26.83 USDC (shortened; full value 26.8368202888722856860430985953 USDC)
Sell side
28.04 USDC (shortened; full value 28.046686027286541315952120016455583267934782223552 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.