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keel
Ledger
64,753,576
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
1,504.69 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

History

Window
Resolution
Source

Price

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

Lowest
0.95712319 USDC (shortened; full value 0.95712319000282255 USDC)
Highest
0.99658059 USDC (shortened; full value 0.9965805988280277 USDC)
2026-09-11T17:48:23Z — 2026-10-02T10:09:22Z
Mid price
0.96431782 USDC (shortened; full value 0.96431782090529235 USDC)
498 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
Volume may be wash tradedWASH_TRADE_SUSPECTED20 of 498

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
0.96154656 USDC (shortened; full value 0.96154656757646695 USDC)

Order book mid

AMM pool spot price
0.96650215 USDC (shortened; full value 0.9665021579407998 USDC)

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

Book against pool
0.5127 % (shortened; full value 0.51273453697103797582580549 %)

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

Spread
1.5283 % (shortened; full value 1.52839072839597924371071199 %)

Best ask minus best bid, over the mid