Skip to content
keel
Ledger
64,751,777
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
1,504.64 USDC (shortened; full value 1504.6405702620129147070592599405014281996727941209905 USDC)Limited by liquidation depth
Depth within 5%
buy471,084.40 USDC (shortened; full value 471084.4021675705813969475698853481 USDC)sell3,001.07 USDC (shortened; full value 3001.073368856192974843472038862226993883167761244474 USDC)
Cost to move +50%
471,077.26 USDC (shortened; full value 471077.260458613459253716448 USDC)Reachable through the order book
Checks
1 triggered3 not evaluated

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
0.96053723 USDC (shortened; full value 0.96053723843526155 USDC)
Highest
0.98692023 USDC (shortened; full value 0.98692023598167795 USDC)
2026-09-26T16:51:46Z — 2026-10-03T16:09:27Z
Mid price
0.96845767 USDC (shortened; full value 0.96845767515192795 USDC)
169 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
2.81 USDC (shortened; full value 2.819871146988675926420498042 USDC)
Sell side
2,996.25 USDC (shortened; full value 2996.252146308696607866597174516268047654032801043663 USDC)

5% from mid

Buy side
471,084.40 USDC (shortened; full value 471084.4021675705813969475698853481 USDC)
Sell side
3,001.07 USDC (shortened; full value 3001.073368856192974843472038862226993883167761244474 USDC)

10% from mid

Buy side
471,092.06 USDC (shortened; full value 471092.0615064479579783213977647612 USDC)
Sell side
3,009.28 USDC (shortened; full value 3009.281140524025829414118519881002856399345588241981 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.