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keel
Ledger
64,751,779
Methodology
1.0.8-draft
Age
6s

XAU against USDC — what depth stands behind this price?

All assets

XAU / USDC

GBCB…LXAU

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
12.60 USDC (shortened; full value 12.6084616000026176606 USDC)Limited by manipulation cost
Depth within 5%
buy67.77 USDC (shortened; full value 67.7791893579377678117141536321 USDC)sell25.18 USDC (shortened; full value 25.187830826365145635895096912974271305173450591375 USDC)
Cost to move +50%
50.43 USDC (shortened; full value 50.4338464000104706424 USDC)Reachable through the order book
Checks
2 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.

Higher at the end of the window than at its start

Lowest
12.60 USDC (shortened; full value 12.6068815249990553939 USDC)
Highest
12.60 USDC (shortened; full value 12.60887330000099450585 USDC)
2026-09-26T16:51:56Z — 2026-10-03T16:09:32Z
Max safe collateral
12.60 USDC (shortened; full value 12.6084616000026176606 USDC)
169 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
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout

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.

Concentration and wash trading bound how much of the depth is real.

Largest holder
20.9741 % (shortened; full value 20.97417906451158010368221014 %)
Top ten holders
68.3711 % (shortened; full value 68.37115986131018636562015879 %)
Concentration index
878.80 (shortened; full value 878.8047089000480735423611749461279575438572044757370617)

Herfindahl–Hirschman, over the holder distribution

Volume excluded as not genuine
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Volume to supply, 30 day
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used

Last genuine trade
not computed

the newest trade reading is anchored more than 48h0m0s ago, so it was not used