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keel
Ledger
64,751,597
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
1,504.36 USDC (shortened; full value 1504.369480080537887365629644632190246692887541588755 USDC)Limited by liquidation depth
Depth within 5%
buy471,084.91 USDC (shortened; full value 471084.915743180596154765804553837 USDC)sell3,000.50 USDC (shortened; full value 3000.505700024708854848098477483515759703062956688392 USDC)
Cost to move +50%
471,077.02 USDC (shortened; full value 471077.0277922491876132021484 USDC)Reachable through the order book
Checks
1 triggered3 not evaluated

History

Window
Resolution
Source

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
1,503.23 USDC (shortened; full value 1503.236190825242386258262750202360688277886912841603 USDC)
Highest
1,718.27 USDC (shortened; full value 1718.27226821950853232457723759460536242803371546108 USDC)
2026-09-26T16:51:46Z — 2026-10-03T15:54:27Z
Max safe collateral
1,504.37 USDC (shortened; full value 1504.3756968194356136124614414110176104296006171910425 USDC)
168 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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
3.31 USDC (shortened; full value 3.3189029834111476370473297531 USDC)
Sell side
2,995.66 USDC (shortened; full value 2995.669505620760975064141109359505436893122717153554 USDC)

5% from mid

Buy side
471,084.91 USDC (shortened; full value 471084.915743180596154765804553837 USDC)
Sell side
3,000.50 USDC (shortened; full value 3000.505700024708854848098477483515759703062956688392 USDC)

10% from mid

Buy side
471,092.59 USDC (shortened; full value 471092.5988674196845955616934360055 USDC)
Sell side
3,008.73 USDC (shortened; full value 3008.73896016107577473125928926438049338577508317751 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.