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keel
Ledger
64,751,777
Methodology
1.0.8-draft
Age
8s

USDM against USDC — what depth stands behind this price?

All assets

USDM / USDC

GDHD…USDM

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,504.64 USDC (shortened; full value 1504.6405702620129147070592599405014281996727941209905 USDC)Limited by liquidation depth
Depth within 5%
buy471,084.40 USDC (shortened; full value 471084.4021675705813969475698853481 USDC)sell3,001.07 USDC (shortened; full value 3001.073368856192974843472038862226993883167761244474 USDC)
Cost to move +50%
471,077.26 USDC (shortened; full value 471077.260458613459253716448 USDC)Reachable through the order book
Checks
1 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.

Higher at the end of the window than at its start

Lowest
1.91 USDC (shortened; full value 1.9144308769171461539087368112 USDC)
Highest
471,094.88 USDC (shortened; full value 471094.8870348798796494371801485907 USDC)
2026-09-26T16:51:46Z — 2026-10-03T16:09:27ZOne scale across every line on this chart
2% from mid
3.31 USDC (shortened; full value 3.3189029834111476370473297531 USDC)
5% from mid
471,084.91 USDC (shortened; full value 471084.915743180596154765804553837 USDC)
10% from mid
471,092.59 USDC (shortened; full value 471092.5988674196845955616934360055 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

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%1.443702 USDC (shortened; full value 1.443702394402992525 USDC)471,147.94 USDC (shortened; full value 471147.9446609534619618210048464352 USDC)471,077.26 USDC (shortened; full value 471077.260458613459253716448 USDC)
+100%1.924936 USDC (shortened; full value 1.9249365258706567 USDC)471,208.12 USDC (shortened; full value 471208.1262425204650415591406331261 USDC)471,077.26 USDC (shortened; full value 471077.260458613459253716448 USDC)
+1,000%10.587150 USDC (shortened; full value 10.58715089228861185 USDC)471,812.39 USDC (shortened; full value 471812.3955595126583587600775757701 USDC)471,077.26 USDC (shortened; full value 471077.260458613459253716448 USDC)
+10,000%97.209294 USDC (shortened; full value 97.20929455646816335 USDC)473,951.10 USDC (shortened; full value 473951.1008093544795966630676941634 USDC)471,077.26 USDC (shortened; full value 471077.260458613459253716448 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