Skip to content
keel
Ledger
64,752,498
Methodology
1.0.8-draft
Age
7s

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%
buy68.14 USDC (shortened; full value 68.1431231595734517478375923908 USDC)sell24.82 USDC (shortened; full value 24.8261098449909123476248698402882915626527330284 USDC)
Cost to move +50%
50.43 USDC (shortened; full value 50.4338464000104706424 USDC)Reachable through the order book
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.

Higher at the end of the window than at its start

Lowest
18.00 USDC (shortened; full value 18.0065472405704513337154585856 USDC)
Highest
83.23 USDC (shortened; full value 83.2324971849570214425507075443 USDC)
2026-10-02T23:54:32Z — 2026-10-03T17:09:32ZOne scale across every line on this chart
2% from mid
18.00 USDC (shortened; full value 18.0065472405704513337154585856 USDC)
5% from mid
68.14 USDC (shortened; full value 68.1431231595734517478375923908 USDC)
10% from mid
83.23 USDC (shortened; full value 83.2324971849570214425507075443 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 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