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keel
Ledger
64,754,296
Methodology
1.0.8-draft
Age
7s

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
1,504.44 USDC (shortened; full value 1504.4411197522646067711032145957082524540944546098985 USDC)Limited by liquidation depth
Depth within 5%
buy471,084.68 USDC (shortened; full value 471084.6857494990008463341024992601 USDC)sell3,000.65 USDC (shortened; full value 3000.659566473118853567391689614881344501986708653381 USDC)
Cost to move +50%
471,076.90 USDC (shortened; full value 471076.90911563000074001349072 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.

Lower at the end of the window than at its start

Lowest
1,504.21 USDC (shortened; full value 1504.217935267894262745181444364745259940195539124921 USDC)
Highest
1,718.22 USDC (shortened; full value 1718.2218974573600601619623710461128875114514831120435 USDC)
2026-09-26T23:51:46Z — 2026-10-03T19:39:27Z
Max safe collateral
1,504.44 USDC (shortened; full value 1504.4411197522646067711032145957082524540944546098985 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.
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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
0.96596268 USDC (shortened; full value 0.965962683633348 USDC)

Order book mid

AMM pool spot price
0.96645808 USDC (shortened; full value 0.9664580850665028 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
0.0512 % (shortened; full value 0.05125948458703317769689458 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
0.6070 % (shortened; full value 0.607058282234036209723474 %)

Best ask minus best bid, over the mid