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keel
Ledger
64,750,157
Methodology
1.0.8-draft
Age
8s

VAQM against USDC — what depth stands behind this price?

All assets

VAQM / USDC

GC2B…BVCD

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
9.12 USDC (shortened; full value 9.123755464955047018033653019450821365994545573934 USDC)Limited by liquidation depth
Depth within 5%
buy8.83 USDC (shortened; full value 8.8341538066197492524868506819 USDC)sell9.00 USDC (shortened; full value 9.003643619111688323060537096484753331228143813077 USDC)
Cost to move +50%
764.76 USDC (shortened; full value 764.76460592322 USDC)Reachable through the order book
Checks
7 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
3.54 USDC (shortened; full value 3.5440325639117472518233083649 USDC)
Highest
789.03 USDC (shortened; full value 789.0300971999940162589924861321 USDC)
2026-09-26T14:51:46Z — 2026-10-03T13:54:32ZOne scale across every line on this chart
2% from mid
3.55 USDC (shortened; full value 3.5595837356205139567036521534 USDC)
5% from mid
8.83 USDC (shortened; full value 8.8341538066197492524868506819 USDC)
10% from mid
782.22 USDC (shortened; full value 782.224963666334363931781453414 USDC)
168 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
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREMEthroughout
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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
3.55 USDC (shortened; full value 3.5595837356205139567036521534 USDC)
Sell side
3.57 USDC (shortened; full value 3.5738213350016461619941590498211549307325734795 USDC)

5% from mid

Buy side
8.83 USDC (shortened; full value 8.8341538066197492524868506819 USDC)
Sell side
9.00 USDC (shortened; full value 9.003643619111688323060537096484753331228143813077 USDC)

10% from mid

Buy side
782.22 USDC (shortened; full value 782.224963666334363931781453414 USDC)
Sell side
18.24 USDC (shortened; full value 18.247510929910094036067306038901642731989091147868 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.