Keel — Stellar liquidity risk

USDM / USDC

GDHD…USDM

Risk band

Medium

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 1,504.55 USDC (shortened; full value 1504.555351329395655368620820504403788844427549731924 USDC)Limited by liquidation depth
Depth within 5%: buy471,084.41 USDC (shortened; full value 471084.419543891040347432238845519 USDC)sell3,000.90 USDC (shortened; full value 3000.903904171649193735799485717714187125794953144356 USDC)
Cost to move +50%: 471,077.10 USDC (shortened; full value 471077.10923251734109109627701 USDC)Reachable through the order book
Checks: 1 triggered3 not evaluated

History

Window

Resolution

Source

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

2026-09-26T17:51:46Z — 2026-10-03T17:24:22Z

169 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.

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

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: 0.96223815 USDC (shortened; full value 0.9622381553392314 USDC)
Order book mid
AMM pool spot price: 0.96546900 USDC (shortened; full value 0.9654690052556952 USDC)
The pool with the largest quote reserve, reported whichever source set the price
Book against pool: 0.3346 % (shortened; full value 0.33464045959798993314653332 %)
Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires
Spread: 1.6710 % (shortened; full value 1.6710378843695628334674331 %)
Best ask minus best bid, over the mid