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keel
Ledger
64,753,397
Methodology
1.0.8-draft
Age
5s

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
1,504.69 USDC (shortened; full value 1504.693756467463945587803300513035207944576411974464 USDC)Limited by liquidation depth
Depth within 5%
buy471,084.09 USDC (shortened; full value 471084.0922278586224602143138808608 USDC)sell3,001.18 USDC (shortened; full value 3001.18365761788588108793812654209491568778713773233 USDC)
Cost to move +50%
471,077.06 USDC (shortened; full value 471077.06905271895662717570976 USDC)Reachable through the order book
Checks
1 triggered3 not evaluated

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Higher at the end of the window than at its start

Lowest
1,504.08 USDC (shortened; full value 1504.085142440750296920328031865766524732041258761849 USDC)
Highest
1,504.65 USDC (shortened; full value 1504.655179898681019038621489755454603454933947574612 USDC)
2026-10-02T18:54:27Z — 2026-10-03T18:24:22Z
Max safe collateral
1,504.55 USDC (shortened; full value 1504.555351329395655368620820504403788844427549731924 USDC)
25 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%1.442319 USDC (shortened; full value 1.442319851364700425 USDC)471,147.60 USDC (shortened; full value 471147.6044018437074500591475540581 USDC)471,077.06 USDC (shortened; full value 471077.06905271895662717570976 USDC)
+100%1.923093 USDC (shortened; full value 1.9230931351529339 USDC)471,207.75 USDC (shortened; full value 471207.7572676771225807746610552335 USDC)471,077.06 USDC (shortened; full value 471077.06905271895662717570976 USDC)
+1,000%10.577012 USDC (shortened; full value 10.57701224334113645 USDC)471,811.73 USDC (shortened; full value 471811.7382566415321669204247513407 USDC)471,077.06 USDC (shortened; full value 471077.06905271895662717570976 USDC)
+10,000%97.116203 USDC (shortened; full value 97.11620332522316195 USDC)473,949.42 USDC (shortened; full value 473949.4230200059545023800459874828 USDC)471,077.06 USDC (shortened; full value 471077.06905271895662717570976 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