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keel
Ledger
64,752,678
Methodology
1.0.8-draft
Age
8s

XH5 against USDC — what depth stands behind this price?

All assets

XH5 / USDC

GA6N…RFBF

Risk band

Critical

partial confidence

A floor: the real band can only be worse.

Max safe collateral
0 USDCLimited by manipulation cost
Depth within 5%
buy23.40 USDC (shortened; full value 23.4029360969973689565800253948 USDC)sell23.85 USDC (shortened; full value 23.851938835422483416229057795902217118613695844127 USDC)
Cost to move +50%
0 USDCReachable at no cost: nothing stands in the way
Checks
5 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.

Unchanged across the window

Lowest
0 USDC
Highest
0 USDC
2026-09-26T17:51:56Z — 2026-10-03T17:24:32Z
Cost to move +50%
0 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
Cheap next to real tradingnowMANIPULATION_RATIO_LOWthroughout
Price sources disagreenowPRICE_SOURCE_CONFLICTthroughout
Extreme spreadnowSPREAD_EXTREMEthroughout
Thin depth at 5%nowTHIN_DEPTH_5PCTthroughout
No genuine trade in 30 daysNO_GENUINE_TRADE_30D31 of 169
No genuine trade in 7 daysNO_GENUINE_TRADE_7D31 of 169

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
32.5876 % (shortened; full value 32.58767616589449565635981505 %)
Top ten holders
57.1579 % (shortened; full value 57.15797671101268844029595185 %)
Concentration index
1,187.37 (shortened; full value 1187.3720122213468648024112478156734681328522789558008826)

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