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keel
Ledger
64,752,677
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
9.11 USDC (shortened; full value 9.112056938025193348730507972604131854276082266782 USDC)Limited by liquidation depth
Depth within 5%
buy8.82 USDC (shortened; full value 8.8228266084494156033317219353 USDC)sell8.99 USDC (shortened; full value 8.992099100218173436465568245663962418687030823421 USDC)
Cost to move +50%
764.76 USDC (shortened; full value 764.76460592322 USDC)Reachable through the order book
Checks
7 triggered3 not evaluated

Price

The midpoint the engine read at each scan. It says what the market quotes, not what it can absorb.

Lower at the end of the window than at its start

Lowest
0.25761109 USDC (shortened; full value 0.2576110917704544 USDC)
Highest
0.28925730 USDC (shortened; full value 0.2892573079197195 USDC)
2026-09-11T17:48:23Z — 2026-10-02T10:09:27Z
Mid price
0.28350124 USDC (shortened; full value 0.283501242493906 USDC)
498 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
Cheap next to real tradingnowMANIPULATION_RATIO_LOW480 of 498
One holder owns most of itnowHOLDER_CONCENTRATION_EXTREME480 of 498
Supply is concentratednowHOLDER_CONCENTRATION_HIGH480 of 498
Price sources disagreenowPRICE_SOURCE_CONFLICT200 of 498
Extreme spreadnowSPREAD_EXTREME199 of 498

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 engine's own notes on the limits of this computation, verbatim and in the order served.

  1. maxReachablePrice and costToMaxReachablePrice are null because an active pool is present: under a constant product curve the price tends to infinity as the base reserve tends to zero, so every target is reachable and a highest price has no meaning