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keel
Ledger
64,752,675
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
14.93 USDC (shortened; full value 14.937435760392838017471734314519470103905806013624 USDC)Limited by liquidation depth
Depth within 5%
buy14.46 USDC (shortened; full value 14.4632991853714184459696182698 USDC)sell14.74 USDC (shortened; full value 14.740788339466348081546981121467107285414299026772 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
2 triggered5 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
0.20737464 USDC (shortened; full value 0.2073746470288698 USDC)
Highest
5.32674640 USDC (shortened; full value 5.3267464033037306 USDC)
2026-09-11T23:48:17Z — 2026-10-02T10:39:17Z
Mid price
0.23104880 USDC (shortened; full value 0.231048801071824 USDC)
22 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_HIGH21 of 22
One holder owns most of itHOLDER_CONCENTRATION_EXTREME10 of 22

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
5.82 USDC (shortened; full value 5.8277595874641918579532536491 USDC)
Sell side
5.85 USDC (shortened; full value 5.851069421551127131756086571814276846462671262 USDC)

5% from mid

Buy side
14.46 USDC (shortened; full value 14.4632991853714184459696182698 USDC)
Sell side
14.74 USDC (shortened; full value 14.740788339466348081546981121467107285414299026772 USDC)

10% from mid

Buy side
28.58 USDC (shortened; full value 28.5861423120170744541363381095 USDC)
Sell side
29.87 USDC (shortened; full value 29.874871520785676034943468629038940207811612027248 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.