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keel
Ledger
64,754,116
Methodology
1.0.8-draft
Age
5s

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
13.45 USDC (shortened; full value 13.456900326602091518346514939333564616354882820024 USDC)Limited by liquidation depth
Depth within 5%
buy13.02 USDC (shortened; full value 13.0297581628729174008265000577 USDC)sell13.27 USDC (shortened; full value 13.279743766042493332466601697396722802294369685972 USDC)
Cost to move +50%
Not reachableThe order book cannot reach the target
Checks
2 triggered5 not evaluated

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
8.24 USDC (shortened; full value 8.2408604427544858958525352055 USDC)
Highest
185.56 USDC (shortened; full value 185.5664005354030226541695963064 USDC)
2026-09-11T23:48:17Z — 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)
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
5.25 USDC (shortened; full value 5.2501367138159260774676258746 USDC)
Sell side
5.27 USDC (shortened; full value 5.271136175769713952018736291292559567473594462 USDC)

5% from mid

Buy side
13.02 USDC (shortened; full value 13.0297581628729174008265000577 USDC)
Sell side
13.27 USDC (shortened; full value 13.279743766042493332466601697396722802294369685972 USDC)

10% from mid

Buy side
25.75 USDC (shortened; full value 25.7528048311258314642318168858 USDC)
Sell side
26.91 USDC (shortened; full value 26.913800653204183036693029878667129232709765640048 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.