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keel
Ledger
64,751,057
Methodology
1.0.8-draft
Age
6s

UAF against USDC — what depth stands behind this price?

All assets

UAF / USDC

GDT5…RC5E

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy14.83 USDC (shortened; full value 14.831545578914027999043882625 USDC)sell15.11 USDC (shortened; full value 15.116102014006936256078635247468835787720196637192 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 triggered3 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
5.97 USDC (shortened; full value 5.9704031861967830029700306355 USDC)
Highest
30.07 USDC (shortened; full value 30.0752637242469146843101493856 USDC)
2026-09-26T15:51:41Z — 2026-10-03T15:09:37ZOne scale across every line on this chart
2% from mid
5.97 USDC (shortened; full value 5.9761386967539748277122859161 USDC)
5% from mid
14.83 USDC (shortened; full value 14.831545578914027999043882625 USDC)
10% from mid
29.31 USDC (shortened; full value 29.3139668337101002403137156471 USDC)
169 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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
No genuine trade in 7 daysNO_GENUINE_TRADE_7D33 of 169

Not evaluated3

  • 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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%0.00000086 USDC (shortened; full value 0.00000086577785145 USDC)134.97 USDC (shortened; full value 134.9788809408617454844498149387 USDC)free to reach
+100%0.000001 USDC (shortened; full value 0.0000011543704686 USDC)248.77 USDC (shortened; full value 248.771341359029608790064154078 USDC)free to reach
+1,000%0.000006 USDC (shortened; full value 0.0000063490375773 USDC)1,391.33 USDC (shortened; full value 1391.335071745413668415393117506 USDC)free to reach
+10,000%0.000058 USDC (shortened; full value 0.0000582957086643 USDC)5,435.23 USDC (shortened; full value 5435.239276204325680553478958034 USDC)0.00030 USDC (shortened; full value 0.00030310000142 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder