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keel
Ledger
64,754,297
Methodology
1.0.8-draft
Age
8s

VELO against USDC — what depth stands behind this price?

All assets

VELO / USDC

GDM4…2M5M

Risk band

High

partial confidence

A floor: the real band can only be worse.

Max safe collateral
103.74 USDC (shortened; full value 103.749980217934243794629189565053332269322363229945 USDC)Limited by liquidation depth
Depth within 5%
buy10.08 USDC (shortened; full value 10.0808000515227859006968304492 USDC)sell189.78 USDC (shortened; full value 189.7852984911150884166185274232010670606947928255 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
2 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
0 USDC
Highest
4,522.62 USDC (shortened; full value 4522.6219195177987372287754098735 USDC)
2026-09-11T23:48:28Z — 2026-10-02T10:09:32ZOne scale across every line on this chart
2% from mid
0.0000047 USDC (shortened; full value 0.000004700295 USDC)
5% from mid
6.68 USDC (shortened; full value 6.6866893807222231740255212827 USDC)
10% from mid
18.81 USDC (shortened; full value 18.8142528309864996211393760899 USDC)
22 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_LOW7 of 22
Cheap to move the priceMANIPULATION_CHEAP18 of 22
Nothing tradable within 2%ZERO_DEPTH_2PCT7 of 22

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%0.008132 USDC (shortened; full value 0.008132184688197225 USDC)14,835.49 USDC (shortened; full value 14835.493440155456824987134744028 USDC)14,725.59 USDC (shortened; full value 14725.59886790757819598763894 USDC)
+100%0.010842 USDC (shortened; full value 0.0108429129175963 USDC)16,422.65 USDC (shortened; full value 16422.6581334622236549411610627962 USDC)16,218.22 USDC (shortened; full value 16218.22904161108635754491428 USDC)
+1,000%0.059636 USDC (shortened; full value 0.05963602104677965 USDC)124,646.24 USDC (shortened; full value 124646.2468398616048023385993257042 USDC)123,492.61 USDC (shortened; full value 123492.61853945781497519284783 USDC)
+10,000%0.547567 USDC (shortened; full value 0.54756710233861315 USDC)1,107,022.74 USDC (shortened; full value 1107022.7471953983475789204851816299 USDC)1,102,509.59 USDC (shortened; full value 1102509.59479970860357519284783 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