Skip to content
keel
Ledger
64,754,297
Methodology
1.0.8-draft
Age
5s

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
1,170.64 USDC (shortened; full value 1170.6408981364145426026398775 USDC)Limited by manipulation cost
Depth within 5%
buy5,119.58 USDC (shortened; full value 5119.5841772640121857474116516667 USDC)sell4,414.49 USDC (shortened; full value 4414.499430806033299554843444336688078838009491500857 USDC)
Cost to move +50%
4,682.56 USDC (shortened; full value 4682.56359254565817041055951 USDC)Reachable through the order book
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

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.

Lower at the end of the window than at its start

Lowest
3,852.38 USDC (shortened; full value 3852.3809031773691161324704643174 USDC)
Highest
5,605.29 USDC (shortened; full value 5605.2968265575258978859098026643 USDC)
2026-10-02T23:54:27Z — 2026-10-03T19:39:27ZOne scale across every line on this chart
2% from mid
3,852.38 USDC (shortened; full value 3852.3809031773691161324704643174 USDC)
5% from mid
5,119.58 USDC (shortened; full value 5119.5841772640121857474116516667 USDC)
10% from mid
5,556.57 USDC (shortened; full value 5556.5771271621621451218629499865 USDC)
2 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.

1,170.64 USDC (shortened; full value 1170.6408981364145426026398775 USDC)

Limited by manipulation cost

Liquidation term
2,441.39 USDC (shortened; full value 2441.3912262200207244951997385151675406562866212947425 USDC)

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

Manipulation termbinds
1,170.64 USDC (shortened; full value 1170.6408981364145426026398775 USDC)

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