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keel
Ledger
64,750,879
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

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 5.9761386967539748277122859161 USDC)
Highest
30.07 USDC (shortened; full value 30.0752637242469146843101493856 USDC)
2026-09-26T23:51:41Z — 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)
8 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_7D2 of 8

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.

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
5.97 USDC (shortened; full value 5.9761386967539748277122859161 USDC)
Sell side
6.00 USDC (shortened; full value 6.000044216616636317338014188385424885275904332 USDC)

5% from mid

Buy side
14.83 USDC (shortened; full value 14.831545578914027999043882625 USDC)
Sell side
15.11 USDC (shortened; full value 15.116102014006936256078635247468835787720196637192 USDC)

10% from mid

Buy side
29.31 USDC (shortened; full value 29.3139668337101002403137156471 USDC)
Sell side
30.63 USDC (shortened; full value 30.635510250119534654995694728545263658956711026528 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.