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keel
Ledger
64,752,678
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
102.59 USDC (shortened; full value 102.591073559884970449253173176009738001814924059628 USDC)Limited by liquidation depth
Depth within 5%
buy80.16 USDC (shortened; full value 80.1679819443010933562853241053 USDC)sell187.45 USDC (shortened; full value 187.452883037703900415034531142942041976967784543404 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
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.

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

Price used
0.00543384 USDC (shortened; full value 0.00543384250777345 USDC)

Order book mid

AMM pool spot price
0.00543123 USDC (shortened; full value 0.0054312331400661 USDC)

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

Book against pool
0.0480 % (shortened; full value 0.04804374329101702096486762 %)

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

Spread
0.4000 % (shortened; full value 0.40000000000011409973680927 %)

Best ask minus best bid, over the mid