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keel
Ledger
64,752,497
Methodology
1.0.8-draft
Age
6s

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
1,176.13 USDC (shortened; full value 1176.136258809430352364972875 USDC)Limited by manipulation cost
Depth within 5%
buy5,141.56 USDC (shortened; full value 5141.566089736690135416488911672 USDC)sell4,392.61 USDC (shortened; full value 4392.614207332617989406104088826452126415367626893043 USDC)
Cost to move +50%
4,704.54 USDC (shortened; full value 4704.5450352377214094598915 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
3,614.92 USDC (shortened; full value 3614.9242908971300599393299583444 USDC)
Highest
6,042.33 USDC (shortened; full value 6042.3304021330288377728300062805 USDC)
2026-09-11T23:48:22Z — 2026-10-02T10:09:27ZOne scale across every line on this chart
2% from mid
3,615.01 USDC (shortened; full value 3615.0107698425519486411397571914 USDC)
5% from mid
4,882.21 USDC (shortened; full value 4882.2141047648991074102016346478 USDC)
10% from mid
5,319.20 USDC (shortened; full value 5319.2071541557438323063081965075 USDC)
22 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_HIGH7 of 22

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.

1,176.13 USDC (shortened; full value 1176.136258809430352364972875 USDC)

Limited by manipulation cost

Liquidation term
2,430.44 USDC (shortened; full value 2430.4486204066927441370822513643645767115763300155345 USDC)

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

Manipulation termbinds
1,176.13 USDC (shortened; full value 1176.136258809430352364972875 USDC)

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