Keel — Stellar liquidity risk

USDZ / USDC

GAKT…6XPR

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral: 1,174.22 USDC (shortened; full value 1174.228443492849916454049975 USDC)Limited by manipulation cost
Depth within 5%: buy5,133.93 USDC (shortened; full value 5133.934828470368391772797311672 USDC)sell4,392.61 USDC (shortened; full value 4392.614207332617989406104088826452126415367626893043 USDC)
Cost to move +50%: 4,696.91 USDC (shortened; full value 4696.9137739713996658161999 USDC)Reachable through the order book
Checks: 3 triggered3 not evaluated

History

Window

Resolution

Source

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.

What fires now, how long it has been firing across the window above, and what could not run.

Cheap to move the pricenowMANIPULATION_CHEAP

throughout

Thin depth at 5%nowTHIN_DEPTH_5PCT

throughout

Supply is concentratednowHOLDER_CONCENTRATION_HIGH

7 of 22

The figures behind the verdict, as the engine served them.

An averaging oracle makes an attacker outweigh genuine trading as well as move the book. A market with no genuine volume has no such defence.

Cost of a 50% move, order book only: 4,696.91 USDC (shortened; full value 4696.9137739713996658161999 USDC)
The target is reachable through the order book
Genuine volume in the oracle window: 7.63 USDC (shortened; full value 7.6312615 USDC)
Over the last 900 seconds (15 minutes), after the genuine-trade filter
Cost against genuine volume: 615.4832 (shortened; full value 615.4832689158142026473866607769)
Below 1, moving the price is cheaper than all genuine trading across the window. Not computed when there was no genuine volume or the target is unreachable
Total attack cost: 4,704.54 USDC (shortened; full value 4704.5450354713996658161999 USDC)
The move, plus the genuine volume an averaging oracle forces an attacker to outweigh