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keel
Ledger
64,751,059
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%
buy67.39 USDC (shortened; full value 67.3960758795952619228205914944 USDC)sell25.56 USDC (shortened; full value 25.568620382681687624998022278183508192328438462503 USDC)
Cost to move +50%
50.43 USDC (shortened; full value 50.4338464000104706424 USDC)Reachable through the order book
Checks
2 triggered3 not evaluated

Cost to move the price 50%

The stored series carries one manipulation rung, the +50% move. A reading the engine could not produce breaks the line rather than sitting at zero.

Higher at the end of the window than at its start

Lowest
50.42 USDC (shortened; full value 50.4275260999962215756 USDC)
Highest
50.43 USDC (shortened; full value 50.4354932000039780234 USDC)
2026-09-26T15:51:51Z — 2026-10-03T15:09:47Z
Cost to move +50%
50.43 USDC (shortened; full value 50.4339547999925069523 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.

Volume each side can absorb before the price moves 2, 5 or 10 per cent. Buy side bears on oracle manipulation, sell side on liquidation.

  • SDEX
  • AMM
  • Sell side, composition not reported

2% from mid

Buy side
17.25 USDC (shortened; full value 17.2595181057282120061724808048 USDC)
Sell side
10.71 USDC (shortened; full value 10.713051246902282516860461412750772629284941188844 USDC)

5% from mid

Buy side
67.39 USDC (shortened; full value 67.3960758795952619228205914944 USDC)
Sell side
25.56 USDC (shortened; full value 25.568620382681687624998022278183508192328438462503 USDC)

10% from mid

Buy side
82.48 USDC (shortened; full value 82.4854202298316523216849161247 USDC)
Sell side
41.73 USDC (shortened; full value 41.738409319669435157180332050487588794780674161928 USDC)

Bars share one scale. The venue split decomposes the buy side; the sell side is drawn as an outline because its composition is not reported.