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keel
Ledger
64,751,597
Methodology
1.0.8-draft
Age
8s

USDZ against USDC — what depth stands behind this price?

All assets

USDZ / USDC

GAKT…6XPR

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
1,170.49 USDC (shortened; full value 1170.499448077642919190081245 USDC)Limited by manipulation cost
Depth within 5%
buy5,119.02 USDC (shortened; full value 5119.0207043054552463628884915138 USDC)sell4,409.82 USDC (shortened; full value 4409.822853286662783969768860034924242856233938545047 USDC)
Cost to move +50%
4,681.99 USDC (shortened; full value 4681.99779231057167676032498 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

Buy-side depth

What an order can absorb before the price moves against a buyer. The rungs are nested, so one scale covers all three.

Higher at the end of the window than at its start

Lowest
3,669.07 USDC (shortened; full value 3669.0784931070299959481997957237 USDC)
Highest
5,676.18 USDC (shortened; full value 5676.1880320554174094032231530949 USDC)
2026-10-02T16:54:27Z — 2026-10-03T15:54:27ZOne scale across every line on this chart
2% from mid
3,851.81 USDC (shortened; full value 3851.8173967310730643136404900157 USDC)
5% from mid
5,119.02 USDC (shortened; full value 5119.0207043054552463628884915138 USDC)
10% from mid
5,556.01 USDC (shortened; full value 5556.0137089705460307855566596721 USDC)
24 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.
Cheap to move the pricenowMANIPULATION_CHEAPthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Supply is concentratednowHOLDER_CONCENTRATION_HIGHthroughout

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.

The ceiling is the lower of two independent limits. Which one binds is the part a lender acts on, so both are shown.

1,170.49 USDC (shortened; full value 1170.499448077642919190081245 USDC)

Limited by manipulation cost

Liquidation term
2,439.05 USDC (shortened; full value 2439.052966804548618404442614733742489841700926897196 USDC)

Sell-side depth at the liquidation delta, times the haircut.

Manipulation termbinds
1,170.49 USDC (shortened; full value 1170.499448077642919190081245 USDC)

Order-book-only manipulation cost at the critical delta, times the safety margin.