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keel
Ledger
64,752,497
Methodology
1.0.8-draft
Age
7s

USTRY against USDC — what depth stands behind this price?

All assets

USTRY / USDC

GCRY…MYWC

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
68,698.27 USDC (shortened; full value 68698.278402670202941749913505 USDC)Limited by manipulation cost
Depth within 5%
buy274,694.65 USDC (shortened; full value 274694.6590498396350827040113810297 USDC)sell276,023.45 USDC (shortened; full value 276023.450957005709948434301788334815850164561804507199 USDC)
Cost to move +50%
274,793.11 USDC (shortened; full value 274793.11361068081176699965402 USDC)Reachable through the order book
Checks
2 triggered3 not evaluated

Every stored reading from this source, whenever it was taken

A reconstruction is written where a replay ran rather than on the scan's cadence, so there is no window to choose: the engine returns the readings it holds and the axis below is labelled from them.

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Lower at the end of the window than at its start

Lowest
0 USDC
Highest
227,479.65 USDC (shortened; full value 227479.654518848256045675 USDC)
2026-02-22T00:01:24Z — 2026-02-22T00:10:21Z
Cost to move +50%
0 USDC
3 readings from offers-implied, 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.
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME0 of 3
Supply is concentratednowHOLDER_CONCENTRATION_HIGH0 of 3
Cheap to move the priceMANIPULATION_CHEAP2 of 3
Price sources disagreePRICE_SOURCE_CONFLICT2 of 3
Extreme spreadSPREAD_EXTREME2 of 3
Thin depth at 5%THIN_DEPTH_5PCT2 of 3

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.

Read cost together with reachability: a figure on an unreachable rung says how far the book goes, not what the move costs.

Cost to move the price by each delta, through all venues and through the order book alone, with whether the target is reachable at all.
MoveTarget priceCost, all venuesCost, order book only
+50%1.613974 USDC (shortened; full value 1.613974499998500075 USDC)274,796.85 USDC (shortened; full value 274796.8579482701929156327466849298 USDC)274,793.11 USDC (shortened; full value 274793.11361068081176699965402 USDC)
+100%2.151965 USDC (shortened; full value 2.1519659999980001 USDC)274,800.01 USDC (shortened; full value 274800.0134565324717801120717410276 USDC)274,793.11 USDC (shortened; full value 274793.11361068081176699965402 USDC)
+1,000%11.835812 USDC (shortened; full value 11.83581299998900055 USDC)274,831.69 USDC (shortened; full value 274831.6971838916068161319942033493 USDC)274,793.11 USDC (shortened; full value 274793.11361068081176699965402 USDC)
+10,000%108.674282 USDC (shortened; full value 108.67428299989900505 USDC)282,774.39 USDC (shortened; full value 282774.3977256747329030628201361562 USDC)282,623.67 USDC (shortened; full value 282623.67515726419568699965402 USDC)

Reachability on the all-venues ladder is unconditionally true whenever an active pool exists, because a constant product curve has no upper price bound. The order-book-only column is the one that answers whether a target is attainable, and it is the one Keel itself uses.

Highest price the book can reach
not computed

Absorbing every ask. Not computed when an active pool exists, because a constant product curve has no highest price

Cost to reach it
not computed

Every ask below that price. Catches an attack that lands between two rungs of the ladder