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keel
Ledger
64,752,498
Methodology
1.0.8-draft
Age
4s

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
102.36 USDC (shortened; full value 102.362664492382133704738496241208164450627924013402 USDC)Limited by liquidation depth
Depth within 5%
buy80.70 USDC (shortened; full value 80.7015673905141636236529574504 USDC)sell186.98 USDC (shortened; full value 186.983601659917665552436880035319969578559510513612 USDC)
Cost to reach the critical move
The engine sent no critical rung
Checks
2 triggered3 not evaluated

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
17.99 USDC (shortened; full value 17.997242124738382572745715755 USDC)
Highest
204.74 USDC (shortened; full value 204.7459784671455648641850658314 USDC)
2026-10-02T23:54:32Z — 2026-10-03T17:09:32ZOne scale across every line on this chart
2% from mid
17.99 USDC (shortened; full value 17.997242124738382572745715755 USDC)
5% from mid
38.96 USDC (shortened; full value 38.9673439724628136724934261177 USDC)
10% from mid
72.59 USDC (shortened; full value 72.5978246205807923651725966628 USDC)
2 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 next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
Nothing tradable within 2%ZERO_DEPTH_2PCT1 of 2

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
0.00544434 USDC (shortened; full value 0.00544434123743245 USDC)

Order book mid

AMM pool spot price
0.00543118 USDC (shortened; full value 0.0054311895718084 USDC)

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

Book against pool
0.2421 % (shortened; full value 0.24215073788468307977129569 %)

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

Spread
0.3999 % (shortened; full value 0.39999999999945264268530579 %)

Best ask minus best bid, over the mid