Skip to content
keel
Ledger
64,753,398
Methodology
1.0.8-draft
Age
6s

VELO against USDC — what depth stands behind this price?

All assets

VELO / USDC

GDM4…2M5M

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
94.87 USDC (shortened; full value 94.8746944735015342240759985417189647087902650956 USDC)Limited by liquidation depth
Depth within 5%
buy37.51 USDC (shortened; full value 37.5114218668636084981165293453 USDC)sell176.51 USDC (shortened; full value 176.51399109470726236159033431261884360155147251245 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
3 triggered3 not evaluated

History

Window
Resolution
Source

Collateral ceiling

The most this asset could back at each reading: the lower of the liquidation and manipulation limits.

Lower at the end of the window than at its start

Lowest
11.72 USDC (shortened; full value 11.722122383444892019439004067468842753763640363664 USDC)
Highest
917.73 USDC (shortened; full value 917.730310073518332675016615395782166741538231515477 USDC)
2026-09-11T17:48:23Z — 2026-10-02T10:09:32Z
Max safe collateral
557.99 USDC (shortened; full value 557.996191672510272640518416605524086798769560258161 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.
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Cheap next to real tradingnowMANIPULATION_RATIO_LOW141 of 498
Nothing tradable within 2%nowZERO_DEPTH_2PCT139 of 498
Cheap to move the priceMANIPULATION_CHEAP436 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.

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%0.008570 USDC (shortened; full value 0.008570011383218775 USDC)14,885.00 USDC (shortened; full value 14885.00371802803613413428109415 USDC)14,758.44 USDC (shortened; full value 14758.44381800870606813014039 USDC)
+100%0.011426 USDC (shortened; full value 0.0114266818442917 USDC)16,474.71 USDC (shortened; full value 16474.7192835962518942358680862748 USDC)16,251.11 USDC (shortened; full value 16251.11389941203531754041975 USDC)
+1,000%0.062846 USDC (shortened; full value 0.06284675014360435 USDC)125,281.61 USDC (shortened; full value 125281.6171472922809337206470598388 USDC)124,083.60 USDC (shortened; full value 124083.60054115963265813327449 USDC)
+10,000%0.577047 USDC (shortened; full value 0.57704743313673085 USDC)1,164,747.35 USDC (shortened; full value 1164747.3510016884931038763580115927 USDC)1,160,100.57 USDC (shortened; full value 1160100.57680141042125813327449 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