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keel
Ledger
64,753,578
Methodology
1.0.8-draft
Age
3s

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 9.123776520985568267146290451789532370557559490092 USDC)Limited by liquidation depth
Depth within 5%
buy8.83 USDC (shortened; full value 8.8341741943003371507244865131 USDC)sell9.00 USDC (shortened; full value 9.003664397945094660918822742303641046335810336226 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.

Higher at the end of the window than at its start

Lowest
0.27240591 USDC (shortened; full value 0.2724059175114374 USDC)
Highest
0.27595823 USDC (shortened; full value 0.2759582349414883 USDC)
2026-10-02T18:54:32Z — 2026-10-03T18:39:32Z
Mid price
0.27479192 USDC (shortened; full value 0.2747919239146648 USDC)
25 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.

Both price sources, not only the one that won, and the pair that set the band.

Price used
0.27479192 USDC (shortened; full value 0.2747919239146648 USDC)

AMM pool spot price, because the book and the pool disagree or the book is one-sided

AMM pool spot price
0.27479192 USDC (shortened; full value 0.2747919239146648 USDC)

The pool with the largest quote reserve, reported whichever source set the price

Book against pool
47.2691 % (shortened; full value 47.2691925699284415716429772 %)

Past the methodology threshold, the pool price is used and PRICE_SOURCE_CONFLICT fires

Spread
105.4616 % (shortened; full value 105.46161452122391328899297232 %)

Best ask minus best bid, over the mid