Keel — Stellar liquidity risk

USDGLO / USDC

GBBS…S6XV

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 39.61 USDC (shortened; full value 39.6154065921465666395001940448874574342363654618705 USDC)Limited by liquidation depth
Depth within 5%: buy48.28 USDC (shortened; full value 48.2834398495890853741927937041 USDC)sell53.27 USDC (shortened; full value 53.278181262754109485010878204832640368765033440742 USDC)
Cost to move +50%: Not reachableThe order book cannot reach the target
Checks: 3 triggered3 not evaluated

History

Window

Resolution

Source

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: 33.47 USDC (shortened; full value 33.4748136551066575082079904992 USDC)
Highest: 72.94 USDC (shortened; full value 72.9405401652096978900610019204 USDC)

2026-10-02T23:54:22Z — 2026-10-03T18:39:22ZOne scale across every line on this chart

2% from mid: 33.47 USDC (shortened; full value 33.4748136551066575082079904992 USDC)
5% from mid: 48.28 USDC (shortened; full value 48.2834398495890853741927937041 USDC)
10% from mid: 72.50 USDC (shortened; full value 72.5019501458645871871859575467 USDC)

2 readings from horizon, with no gaps reported. One source per chart.

What fires now, how long it has been firing across the window above, and what could not run.

One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME

throughout

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

Supply is concentratednowHOLDER_CONCENTRATION_HIGH

throughout

The figures behind the verdict, as the engine served them.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only: 23.16 USDC (shortened; full value 23.167645099 USDC)
NOT reachable through the order book: this is the cost of exhausting the book, not of reaching the target
Genuine volume in the oracle window: 0 USDC
Over the last 900 seconds (15 minutes), after the genuine-trade filter
Cost against genuine volume: not computed
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
Total attack cost: not computed
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh