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keel
Ledger
64,753,398
Methodology
1.0.8-draft
Age
9s

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 12.6086921500010565411 USDC)Limited by manipulation cost
Depth within 5%
buy67.69 USDC (shortened; full value 67.6916104291611428086531270011 USDC)sell25.24 USDC (shortened; full value 25.244537310546419492741898319265589567926407733888 USDC)
Cost to move +50%
50.43 USDC (shortened; full value 50.4347686000042261644 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.

Lower at the end of the window than at its start

Lowest
50.43 USDC (shortened; full value 50.4338464000104706424 USDC)
Highest
50.43 USDC (shortened; full value 50.4342876999989006121 USDC)
2026-10-02T23:54:32Z — 2026-10-03T18:24:32Z
Cost to move +50%
50.43 USDC (shortened; full value 50.4338464000104706424 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.

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
34.31 USDC (shortened; full value 34.3123212344446782200000988593 USDC)
Sell side
10.39 USDC (shortened; full value 10.398504624901440845586653789202020121849271116122 USDC)

5% from mid

Buy side
67.69 USDC (shortened; full value 67.6916104291611428086531270011 USDC)
Sell side
25.24 USDC (shortened; full value 25.244537310546419492741898319265589567926407733888 USDC)

10% from mid

Buy side
82.76 USDC (shortened; full value 82.7658044928162372505433881399 USDC)
Sell side
41.39 USDC (shortened; full value 41.398091152710408465311093766283150379278091176466 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.